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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

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In addition, another close to 100 exhibitors will be participating in two exclusive Auto Components Pavilions showcasing products and solutions for OEMs, the release said. Vinnie Mehta , Director General of ACMA, said, “The Indian auto component makers witnessed a promising 7.5% times to an estimated USD 14 billion by 2028.

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Royal Enfield offers Rentals and Tours service in 25 countries | Autocar Professional

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Building on the success of Royal Enfield Rentals in India, the company has now made that service available across many more international markets and has dubbed it Royal Enfield Rentals and Tours. A call-back from the tour operator will be organised, to confirm and finalise details of the tour and the itinerary.

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Arushi Kumar joins Royal Enfield as AVP and manager, marketing global group | Autocar Professional

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Arushi joined Royal Enfield after spending close to two years with Mahindra & Mahindra, where she was part of the team that showcased the electric vehicle portfolio BE in the UK and South Africa. She will be reporting to Mohit Juyal – the head of marketing at Royal Enfield.

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SAIC Motor to invest up to USD 2 billion in India by decade-end, says top executive | Autocar Professional

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We are looking at setting up a second plant in India,” said Yu De, the head of international operations and assistant to the president of SAIC Motor, on the sidelines of the recently concluded Beijing auto show. On SAIC Motor’s investment plans for India, De said a “minimum of” $1-2 billion is lined up for the next five years or so.

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Rivian taps ex-Porsche and Apple vet to lead R2, R3 EV platform development

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Mittelbach brings over 20 years of experience from Mercedes, serving as plant manager in East London and South Africa. Rivian’s COO, Frank Klein, described Materazzo’s experience in auto manufacturing as “second to none.” Once the first stage is complete, Rivian aims to build 200,000 EVs annually.

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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

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In particular, in April, the per 30 days export quantity reached 376,000 devices, a month-on-month building up of three.3%, 3%, and a year-on-year building up of 170%, in line with the China Affiliation of Car Producers. Additionally, from January to April this 12 months, Chinese language automobile firms exported a complete of one.37

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SAIC Motor to invest up to USD 2 billion in India this decade | Autocar Professional

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Speaking on the sidelines of the China Auto Show in Beijing recently, Yu De, GM for International Operations and the assistant to the president of SAIC Motor told Autocar Professional, “We have a very ambitious plan. A top executive said the company plans to invest up to USD 2 billion in this decade. We have good cooperation with JSW Group.

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