auto sector
- India
Cabinet approves Rs 26,000 crore project for Auto Sector
Hyderabad: The government on Thursday cleared Rs 26, 000 crore under production-linked incentive scheme for the auto sector. The grant will boost production of electric and hydrogen fueled vehicles. On Wednesday, the central government…
- Automobile
Last hurdle: BS-VI toughest challenge for auto sector in 2020
New Delhi: After enduring massive sales’ truncation during the last 12 months, the Indian automobile sector now braces to face its latest and hopefully the last hurdle of the slowdown saga — Bharat…
- Automobile
Pedal-to-Metal: More steps, time needed for auto sector revival
New Delhi: With automobile industry’s August sales touching the lowest level since 1997-98, industry insiders assert that the time is ripe for the government to take other steps to save as many…
- India
#BoycottMillennials trends after Sitharaman’s comment
After Finance Minister Nirmala Sitharaman speaks about the slowdown in the auto industry and attributed the lower demand to the changing mindset of millennials, #BoycottMillennials becomes one of the top trends on Twitter. “The…
- Automobile
Slowdown Blues: Auto sector may wipe out a million jobs
A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera said, here on Thursday. The slowdown has forced the value-chain…
- Automobile
‘Auto sector’s demand conditions likely to persist
Mumbai: The subdued demand conditions that led to weak performance by Indian automakers in the first quarter of 2019-20, will likely persist, adding to the challenges from the implementation of stricter emission…
- Automobile
Bajaj blames auto sector for slump, mediocre products
Mumbai: While most auto market players sought government intervention to support the sector, facing slowdown amid falling sales, Bajaj Auto Managing Director Rajiv Bajaj has divergent views and says the slump is…
