Saturday, 25 June, 2022
TopicAuto Industry

Topic: Auto Industry

Ford to make a comeback in India after 7 months, could reopen factories in EV push

Tamil Nadu govt is holding talks with the US automaker to explore if its factory there can be converted to a plant manufacturing and exporting electric vehicles, ET reported.

Rahul Bajaj — Indian industry loses a fearless voice, & a titan who gave the middle class wheels

Bajaj was known not only for his boldness, but also his business acumen. His domestically manufactured Chetak Scooter became a household staple for the middle class in the 1970s.

Modi govt approves Rs 26,058 crore PLI scheme for auto, drone industries

The incentive is a part of the overall announcement of PLI schemes for 13 sectors made earlier during Budget 2021, with an outlay of Rs 1.97 lakh crore, Anurag Thakur said.

India firmly committed to move forward with goal of clean and modern mobility, PM Modi says

In a message to India's auto industry body, PM Modi also said steps are being taken for value chain associated with auto manufacturing so that the industry becomes more productive.

India’s strict emissions rules will hit car sales, hurt economic recovery, Maruti says

India's emissions curbs, due to take effect next year, are critical for its push to tackle some of the world’s worst air pollution, which costs the country 8.5% of its GDP.

You thought Tesla was the king of EVs? Obviously you haven’t heard of the Hongguang Mini

The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between two Chinese state-backed automakers, and American automotive giant General Motors Co.

Maruti Suzuki cuts production as car sales fall due to Covid lockdown

Maruti Suzuki last week decided to shut some plants to divert oxygen to hospitals, but can still carry on production at 50-60% capacity.

Lack of incentives & infrastructure are hurdles to Modi govt’s plan to scrap old vehicles

Putting cleaner vehicles on the roads is key to tackling air pollution problems. According to World Bank calculations, the toxic air costs India as much as 8.5% of its GDP.

Why tractors are witnessing a spike in sales amid slowdown in auto industry

Tractor sales in India recorded a 28% y-o-y growth this year, from April to November. Experts attribute the trend to better monsoon, finance availability and lesser expenditure on weddings.

Modi govt announces Rs 1.46 lakh crore scheme for 10 sectors, auto sector gets biggest share

The incentives, spread over 5 years, will be provided to sectors like auto, automobile components, textile products, white goods like LED screens, processed food products, among others.

On Camera

YourTurn

PM Narendra Modi addresses the bureaucrats at Vigyan Bhawan | Photo: Praveen Jain| ThePrint

Modi govt’s assault on democracy is more sinister than the Emergency. Look at the differences

While the Emergency was brutal and sudden, Modi govt's moves are far more insidious and systemic and will undermine our society for a long time.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
×