Auto parts export revenue up 65 pc in H1

India’s auto parts makers recorded 65% growth in revenue in the first half of the fiscal 2021- 22 from a year earlier aided by...

The year that was…&…The year ahead – Voices from the industry

As we head towards 2022, it’s time to reminisce about the year we are about to leave behind. Beyond doubt, 2021 was a year...

EV market to see Rs 94k-cr investment

Electric vehicle market is likely to attract investments of Rs 94,000 crore over the next five years and is expected to generate business opportunities...

There will be no ICE 2W, 3W by 2025: Kant

India needs to leapfrog to electric mobility and I feel there will be no internal combustion powered two-wheeler or three-wheelers in the country as...

KPMG survey of global auto executives

Global auto executives are confident that the auto industry will see more profitable growth in the next five years and that the market share...

India Inc must step up, solve problems first: Pawan Goenka

Indian businesses must create a clear customer proposition and differentiation rather than only competing on cost, Goenka opined. "You have to define what will...

Pre-owned car market to cross 7 mn units by FY26

OLX Autos announced the findings of the fifth edition of its study on pre-owned car market, conducted in association with rating agency Crisil. It...

FADA pitches for legislation to protect auto dealers

The Federation of Automobile Dealers Associations (FADA) on October 27 released a Policy Brief for the introduction of an auto dealers’ protection Act in...

Experts stress on indigenous EV manufacturing supply chain

Experts from EV industry emphasised that the need for indigenous EV manufacturing supply chain is being felt stronger than before. They were speaking at a...

ICRA lowers growth forecast for components

Ratings agency ICRA expects a 17-20 per cent revenue growth for the domestic auto component sector in FY2022, driven by domestic OEM, replacement, export...