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Jharkhand Cabinet to launch new industrial policies
Technical Articles
  Jul 09, 2021

Jharkhand Cabinet to launch new industrial policies

Jharkhand Industrial and Investment Policy (JIPP) 2021 has been initiated by the state cabinet which is going to replace the existing Jharkhand Industrial Policy of 2016.

Oye Rickshaw to invest $500 mn for battery swapping infra
News
  Jul 08, 2021

Oye Rickshaw to invest $500 mn for battery swapping infra

It will be investing $20-30 million in 2021 and 2022 to accelerate its battery swapping business. Oye! Rickshaw is looking to deploy 6,500 lithium-ion batteries across 5,000 vehicles this year.

Two-wheeler sales to improve due to personal mobility needs: ICRA
News
  Jul 07, 2021

Two-wheeler sales to improve due to personal mobility needs: ICRA

The prices of entry-level two-wheelers are likely to be impacted due to the sustained increase in commodity prices. Most automakers have resumed operations from the middle of May as infections started to drop.

Auto sales may Improve from Q2FY22 onwards: Emkay
News
  Jul 05, 2021

Auto sales may Improve from Q2FY22 onwards: Emkay

According to a research report by Emkay Global Financial Services, the volume of auto sales may recover from Q2FY22 due to easing of lockdowns, pent-up demand and improving macros.

Luxury car dealers Boys and Machines to expand to three new cities
News
  Jul 05, 2021

Luxury car dealers Boys and Machines to expand to three new cities

A premier dealership that specializes in pre-owned luxury cars, Boys and Machines, is going to set up shops in three new cities naming Indore, Ahmedabad, and Chandigarh in the second quarter of 2021.

Govt extends deadline for mandatory dual airbags in cars till 31 Dec 2021
News
  Jun 30, 2021

Govt extends deadline for mandatory dual airbags in cars till 31 Dec 2021

SIAM requested more time to implement the dual airbags rule on existing car models in light of the coronavirus pandemic. The government has accordingly extended the deadline till December 31, 2021.

Four auto sector trends to look at in the next five years
News
  Jun 28, 2021

Four auto sector trends to look at in the next five years

India is expected to be the world's third-largest automotive market in terms of volume by 2026 and is currently valued at $118 bn. Despite the ongoing pandemic, the Indian auto industry has shown immense resilience and is facing the challenges posed by the pandemic head-on. The government is also taking adequate initiatives to boost the auto industry by offering product-linked incentives, scrappage policy etc. Manav Kapur, Executive Director, Steelbird International, delves into the automotive sector rapidly integrating technologies in the coming future.

Toyota Kirloskar Motor and ACMA sign MoU for conducting trainings
News
  Jun 26, 2021

Toyota Kirloskar Motor and ACMA sign MoU for conducting trainings

Toyota Kirloskar Motor (TKM) signed a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA) for training auto parts manufacturers on best practices.

Carmakers in Tamil Nadu get nod to resume full operation
News
  Jun 23, 2021

Carmakers in Tamil Nadu get nod to resume full operation

Car manufacturers in Tamil Nadu have received permission to operate at their full capacity. The state known as Indian automobile industry hub is one of the worst-hit due to the pandemic.

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