M&M will observe seven no-production days at its plants in September. The company added that there will be no material impact of the halt on the XUV7OO production ramp-up and launch plans.

This year auto dealers expect the semiconductor shortage to result in sales dropping by about 30%. SIAM has asked the MEA to reach out to chipmakers to prioritise Indian automakers when plants reopen.

Bosch has witnessed a decline in CAPEX due to the 26% decline in net profit to Rs 4.8 billion for FY21 as against Rs 6.49 billion recorded in FY20. Pawan Goenka joins Bosch as an independent director

Indian automakers are going through shifts across the segments. Amid this, wheel segments have also seen some changes like shift towards electric vehicles, alloy wheels, safety features and others.

Automotive industry is experiencing a slowdown and government is to issue safeguard duty over high-quality steel imports.

The automobile industry is an important driver of economic growth in India and one of the successful sectors in which India has high participation in global value chains.

Automotive industry has been an early adopter of robotics for application such as welding, painting, glue dispensing, etc.

Consumers are stressing on safety more than ever, and this has caused manufacturers to design cars that utilise high end technologies to increase safety.

Although a relatively late entrant into India, Bradley J Maggart, President, Hitachi Automotive Systems Asia Ltd sees tremendous growth opportunity for the Tokyo-based developer and manufacturer of automotive, transportation and industrial components.