Also, government reforms such as "Aatma Nirbhar Bharat" and "Make in India" programs supported the automotive industry in the country. Moreover, in India, during FY 2021-22 (April 2021-March 2022), according to the Society of Indian Automobile Manufacturers (SIAM), the country's automotive ...
Indias automobile industry poised to become worlds largest in five years, says Nitin Gadkari Speaking at a FADA event, Gadkari highlighted the industrys rapid growth from 7.5 lakh crore in 2014 to 22 lakh crore and its creation of 4.5 cro ...
14-jan (21:07)India’s automobile sales surge 11.6 pc to record 2.5 crore units in 2024(Shillong Times) 14-jan (21:07)Air India to operate daily Delhi-Prayagraj flights for Maha Kumbh(The Hindu) 14-jan (21:07)ED registers money laundering case in Torres Ponzi case(The Hindu) ...
This partnership not only strengthens their market position but also comes at a time when the green automobile sector is witnessing a slowdown. Such advancements are poised to drive down battery prices and elevate the demand for EV battery manufacturing equipment in the foreseeable future. ...
service substitutes likeride sharingare reshaping the industry, demanding agility from automobile manufacturers and addressing concerns like production cost. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help...
The exact impact on the industry is hard to pinpoint, however data analytics and consulting firm GlobalData estimates, “vehicle maker downtime announcements add up to around a 4,00,000-unit loss from forecast Q1 global vehicle production, but the opportunity cost – if the companies were produ...
The Times of India (Chennai, India) -The Indian auto industry, battling a demand slowdown after top gear growth in 2010, can take heart from the fact that the world's fastest growing auto market and also its largest,is fighting a similar problem. Automobile sales in China have slowed down...
Retail outlets for jewellers and electronics, as well as clothing and fashion, played significant roles, alongside life insurance and automobile general insurance, the latter of which saw the highest growth among categories, expanding by 3.6 times. Collectively, the top 10 categories accounted for 51...
The BRIC countries, which include Brazil, Russia, India, and China, contributed $107.02 billion in 2021 to the global hybrid & electric cars industry. The BRIC countries hybrid & electric cars industry is expected to grow at a CAGR of more than 22% durin
mandatory emission reduction targets for new cars, which is fueling the market growth. In addition, solar control glasses provide the necessary cooling effect in extreme temperatures, which makes them suitable for all climatic conditions, thus increasing its demand across the automobile industry. ...