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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition. Technologies are rapidly evolving in the automotive space.

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Career Opportunities in the Electric Vehicle Industry

Get Electric Vehicle

We all are aware of the paradigm shift happening in the global automotive industry. The industry is trying to come up with more energy-intensive power sources. The electric vehicle industry is opening various doors in both government and private sectors. In India, EV sales surpassed 300,000 units in 2021.

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5 more semiconductor fabs in 5 years, says Vaishnaw – ET Auto

Baua Electric

Further, several assembly, testing, marking and packaging (ATMP) units would be set up as part of the mission to create the entire value chain, ecosystem and a “very strong” semiconductor industry in India. We will create a very strong semiconductor industry in our country. lakh crore. This is just the beginning.

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. We have a long way to go,” Qureshi said.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. Updated On Jan 23, 2024 at 11:07 AM IST --> Published On Jan 23, 2024 at 11:03 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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EV push in Budget to give fillip to warehousing & logistics sectors – ET Auto

Baua Electric

The synchronisation of this plan with the ‘Make In India’ programme and the implementation of Production Linked Incentives (PLI) for EV manufacturing fortifies the government’s commitment to foster a robust EV industry.

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Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

This marks an 11 percent rise compared to December 2021, indicating a positive trend despite ongoing industry challenges. percent decrease from the previous year, the results are largely influenced by the semiconductor shortage and broader supply chain disruptions affecting the automobile industry. Although this represents a 4.7

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