Tata AutoComp and Tellus will provide various sizes of AC chargers from 3 kW to 11kW for home and residential complexes as well as DC Fast Chargers from 20kW to 300kW

This purchase accounts to another 50 per cent after the first in 2017.

Minda Corporation had infused more than Euro 35 million in Minda KTSN Plastic Solutions, a maker of kinematic and non-kinematic plastic components for automotive industry, since it was acquired in 2007.

The company has curated detailed guidelines for each location and conducted intensive training for maintaining social distancing at workplaces. Enhanced sanitisation measures are being implemented.

In FY20, the industry sales experienced a sharp decline of 14.8 per cent y-o-y vis-à-vis a growth of about 6.4 per cent during FY19 led by factors such as increased insurance costs, uneven monsoon, high ownership costs, curtailed lending by the NBFC segment,etc.

As per Supreme Court order, automotive retailers can only sell 10 per cent of unsold BS-IV inventory.

The Association of Indian Forging Industry (AIFI), the apex body of the Indian Forging Industry, has observed that the disruption caused by the Coronavirus (Covid-19) has hit the automotive industry and thus also affected the automotive component and forging industries.

Tata Motors Limited (TML), a leading automaker in India has decided to subsidersise TML’s passenger vehicle (PV) business including the electric vehicle (EV) by transferring relevant assets,etc.

As the auto industry makes a shift to the BS VI regime from April 1, auto makers were expected to liquidate the remaining BS IV inventory triggered by pre-buying in the last quarter of the fiscal year.