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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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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 Indian economy has demonstrated remarkable resilience in the face of shifting global dynamics.

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The sparkles in the star: Women at Mercedes-Benz India are in rev mode | Autocar Professional

Baua Electric

Mercedes-Benz India has been steadily increasing the number of women in its workforce. We spoke to some women across the shopfloor and the offices who all said that the company had helped them overcome the unique challenges that they faced as women in the automobile industry, and supported them while they learnt and grew.

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Government gets Rs 45000 crores investment under ACC Battery PLI Scheme; 4 successful names announced

Electric Vehicles India

The manufacturing facility is excepted to set up in next 2 years Incentive to be disbursed on sale of batteries manufactured in India. India is spending a lot of amount on importing oils with this project India can nearly save 2,00,00 to 2,50,000 crore. the list of the companies will receive incentives under India’s ?

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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 minister also said deliberations that take place during such events would not only prove helpful to the Indian automobile industry, but aid in advancement of the sector globally. We have a long way to go,” Qureshi said.

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Government to launch roadmap for electric mobility R&D on July 16 – ET Auto

Baua Electric

To attain energy independence by 2047, India has to be self dependent for its value chain, and need to curb its import of petroleum and coal. India has recorded crude oil import of 232.5 To address the same, there is an acute requirement to strengthen the R & D scenario in the automobile industry.

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