News Updates

This initiative from the ministry is aimed to encourage e-mobility.

Hero MotoCorp proactively halted operations at all of its manufacturing facilities across the country on April 22. Three of the plants - located in Gurugram, Haridwar and Dharuhera - resumed single-shift operations on May 17, followed by the other three located in Neemrana, Halol and Chittoor on May 24.

The Madras High Court has ordered an audit at the Sriperumbudur factory of Renault-Nissan. The order was followed after allegations by workers regarding Covid-19 protocols being flouted.

According to a survey conducted by the Pune-based MCCIA, 28% of total businesses will reach the pre-covid recovery in six months. The survey was conducted on 150 businesses of which 72% were MSMEs.

According to the National Statistical Office (NSO) estimates, India’s GDP growth of 1.6% in the 4th quarter of 2020-21 was driven by the manufacturing sector.

On its 13th anniversary, Ampere Vehicles has started a new program called “Green Restart’ to accelerate EV adoption in India. Ampere Vehicles is the e-mobility business of Greaves Cotton Limited.

The European Commission approved a joint venture between South Korean electronics manufacturer LG Electronics and Canadian auto parts maker Magna International on May 25. Launch date is in July.

Ritaj International General Trade LLC has been the distribution partner for the company since 2017. The company has 41 touchpoints across the country.

Emkay Global Financial Services released its Automobiles report recently, according to which the May’21 volumes were likely to be hit by the second Covid-19 wave and lockdowns across states.