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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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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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Bharat Global Mobility Expo to be an annual event; Auto Expo set to converge | Autocar Professional

Baua Electric

The Bharat Mobility Global Expo will now become an annual event, with the biennial motor and component exhibitions organised by industry automotive industry associations SIAM and ACMA, set to converge. The first edition of the Bharat Mobility Global Expo concluded on Friday. Over 1,000 exhibitors and around 1.3

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Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. This is according to the China Association of Automobile Manufacturers. Musk had last week deferred his visit to India and planned meet with Indian Prime Minister Narendra Modi.

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Tata Motors launches innovative Harman Ignite Platform in its passenger vehicles – ET Auto

Baua Electric

New Delhi: Tata Motors , India’s leading automobile manufacturer, has selected the Harman Ignite Store as its in-vehicle app store, bringing easily accessible, reliable and safe mobility experiences to more customers. We are delighted to collaborate with Tata Motors and bring India its first integrated in-vehicle app store.

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Made-in-India car and SUV exports rise 3% in April-December, 2Ws, 3Es and CVs still in the red | Autocar Professional

Baua Electric

The latest data for export of made-in-India vehicles was released by industry body SIAM (Society of Indian Automobile Manufacturers) on January 12. The two-wheeler industry, which is the largest volume provider of export numbers, has exported 2.54 million units, exports are down 13% YoY (April-December 2022: 3.80

India 52
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Made-in-India car and SUV exports rise 3% in April-December, 2Ws, 3Ws and CVs still in the red | Autocar Professional

Baua Electric

The latest data for export of made-in-India vehicles was released by industry body SIAM (Society of Indian Automobile Manufacturers) on January 12. The two-wheeler industry, which is the largest volume provider of export numbers, has exported 2.54 million units, exports are down 13% YoY (April-December 2022: 3.80

India 52