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Target for 50 percent export share: Piyush Goyal tells automakers | Autocar Professional

Baua Electric

At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. lakh worth of components in 2022-2023.

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Ask automotive rejigs its senior management, appoints Vashisth Kumar Tripathi as VP- Engineering – ET Auto

Baua Electric

Post Maruti Suzuki, now Ask Automotive has disclosed about its senior management personnel shuffle in its regulatory filings, with the shuffling of three leaders; Chandra Shekhar , Vashisth Kumar Tripathi , and Rajender Koul.

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. This created quite a ruckus in the global auto industry. per cent growth over 39 lakh units registered in 2022.

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ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

The jury panel for the 58th ACMA Excellence Awards, besides Vinod Aggarwal, included, Sunil Kakkar, SIAM Aatmnirbhar Bharat Sourcing Group; and Senior Executive Officer – Supply Chain & Enterprise Strategy at Maruti Suzuki India, Sanjeev Jain, Director Purchase at Honda Motorcycle & Scooter India; Ganesh Mani S.,

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

This has been a point of debate in the auto industry, as many appealed to the government to lower the tax rate for hybrid cars considering they are less polluting than the pure petrol models. Currently, automakers such as Maruti Suzuki, Toyota, and Honda among others sell hybrid cars in the country.

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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA

Green Car Congress

This request by the Alliance echoes a similar, earlier request by Global Automakers, the trade association representing the US divisions of 12 international automakers (Aston Martin, Ferrari, Honda, Hyundai, Isuzu, Kia, Maserati, McLaren, Nissan, Subaru, Suzuki and Toyota). Earlier post.).

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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