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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.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

And the automobile industry in India is a significant contributor to the country’s economy. Some companies are also implementing in-house training workshops which facilitate employees to remain abreast with recent technological developments and trends in their respective industries.

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

Baua Electric

EV sales in India were growing by a compounded annual growth rate of 49%. 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.

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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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India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1

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

Baua Electric

By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2

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Is Ford really coming back to India? What could be possible reasons

Baua Electric

It was one of the major blows for the country’s manufacturing sector as several other auto OEMs like Chevrolet, Datsun etc called it quit from India. Ford’s exit from India created quite a ruckus in the country’s automotive market as well as in the country’s business community.

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