Automotive

India’s Automotive Industry accelerating towards greener mobility

India’s Automotive Industry is one of the largest in the world, currently contributing 7.1% to the country’s GDP. Due to growing demand and production, investments are desperately needed. During the last few months, several companies have started investing heavily in various segments of the industry. Most notably, private equity investment [...]

2018-06-19T17:38:40+05:30

Foreign Automotive Companies eyeing “Make in India” opportunities

The Automotive Mission Plan 2016 – 2026 has the intention to place India as one of the top three automobile manufacturing hubs in the world with gross revenue of $300 billion by 2026 from the current $93 billion. Global car majors have been ramping up investments in India and setting up manufacturing plants to boost the domestic demand. There is still [...]

2018-06-19T17:42:18+05:30

Indian Automotive Industry rooting for eco-friendly vehicles

The $ 93 billion Indian Automotive Industry that currently contributes 7.1% to India’s GDP aims to contribute over 12% by 2026. The Automotive Industry has invested around $35 billion in India in the last decade. The Automobile Mission Plan 2016 – 2026 aiming to make India among the top three automobile manufacturing centers in the world, [...]

2018-05-14T18:07:31+05:30

Switch in transportation modes to curb pollution

Automobiles and India seem to have a deep association. In the countries capital are a total of 6,151,528 registered private and commercial vehicles and the number of vehicles sold in India is continuously growing. In FY2016, the Indian Automotive industry produced a total of 19.84 million vehicles, and recorded sales [...]

2018-06-19T18:24:01+05:30

Developing India into a competitive Auto Manufacturing Nation

Union Minister for Heavy Industries and Public Enterprises Anant Geete has assured the Automotive Industry that the Government would provide all support in developing India into a globally competitive Auto Manufacturing Nation. At a sectoral seminar held recently as part of the Make in India Week in Mumbai, he said [...]

2018-06-19T18:08:45+05:30

Necessity of Inspection and Certification Centers (I&C) for vehicle fitness certification in India

Guest author: Raj Rengarajan | Director | MAHA INDIA Automotive Testing Equipment Pvt. Ltd. The vehicle population has grown rapidly considering India being one of the fastest growing economies. The industry produced a total of 23,366,246 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-March 2015 as [...]

2018-06-19T18:05:21+05:30

Indian Automobile Industry: Driven by Demand

The Indian automotive industry is recovering slowly, in the individual segments, from the sharp decline in domestic demand in the past financial year 2018-19. The sales of passenger cars rose by 3.9% and motorized two-wheelers continued their strong growth trend with 8.1%. Commercial vehicles, however, are still in a deep [...]

2019-10-30T18:45:30+05:30

Turnaround for the Indian Automotive Industry?

The long term outlook for the Indian automotive industry is excellent as only a fraction of the rapidly growing population in Asia’s third largest economy is so far motorized, but the short term has been more bumpy after last year’s low sales and reduced production. India remains one of the [...]

2018-06-19T17:46:35+05:30