by AIP Online Bureau | May 8, 2024 | Data, Eco/Invest/Demography, Policy
“The auto industry remains cautiously optimistic about its near-term outlook,” it said.Auto sales are keenly watched as a key indicator of private consumption in India. The auto sector contributes around 7% to India’s economy.Retail car sales grew...
by AIP Online Bureau | Mar 25, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
Earlier this month, the government approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players...
by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, Policy, Technology
Toyota Kirloskar Motor Deputy Managing Director (Corporate Planning, Finance & Administration and Manufacturing) Swapnesh R Maru said the automaker remains confident that the Government will continue its push towards shifting the economy and transportation sector...
by AIP Online Bureau | Dec 6, 2023 | Data, Eco/Invest/Demography, Non-Life
”November ’23 has become a historic month for the Indian auto retail industry as 28.54 lakh vehicles were sold, thus overtaking the previous high of March ’20 when the industry sold 25.69 lakh vehicles,” Federation of Automobile Dealers...
by AIP Online Bureau | Dec 22, 2021 | Eco/Invest/Demography, Indian News
Tata Motors President, Passenger Vehicle Business Unit, Shailesh Chandra said, “Looking ahead, we expect the demand for passenger ICE and electric vehicles to remain strong even as concerns about the supply of semiconductors and high input costs continue...
