This year's Auto Expo saw turnout of over 6.63 lakh despite it being a less star-studded affair than usual. Missing in action were the 3 luxury car makers, Mercedes Benz, BMW, and Audi.
While Tata Motors sold 50,000 EVs in last 3 years, it is targeting the same number in this financial year. Company is eyeing at least 25 per cent of sales from EVs in next 5 years.
Representative director & president of Suzuki Motors says company is working to regain share in Indian market and that it ‘won't get swayed by electric vehicles, explore other tech too’.
MG Motor India aims to increase annual production capacity to 1,40,000 in 2023, said its MD Rajeev Chaba, adding that ‘profitable & sustainable’ growth is the company's focus.
An array of manufacturers expected to focus on displaying their electric prowess this year, but visitors may be left wanting with some notable luxury manufacturers skipping the expo.
Donald Trump has been vocal about India’s high import tariffs and has threatened retaliation. Simultaneously, his tough stand on China could see Chinese goods flood India.
The Chinese aircraft has uncanny similarities to the American F-35 jet. There are claims that China copied the design. Cyber theft of F-35 design data was reported in 2009.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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