Government releases SOPs under PLI scheme for automobile sector
The Indian government has unveiled the standard operating procedures (SOPs) for the PLI scheme for the automobile sector. Under this scheme, companies can apply...
Talbros Automotive plans Rs 205 cr capex across businesses
Talbros Automotive Components has proposed a capital expenditure of Rs 205 crore over the next three to four years to expand capacities across its...
Maruti to expand manufacturing capacity by 10 lakh units a year
Maruti Suzuki has started work on a Rs 24,000-crore investment plan to set up a 10 lakh-per annum car production factory that would come...
Drying supplies: Russia eyes cars, food from India
Amid drying supplies, is seeking automobiles and farm goods from India. However, exporters have demanded a fixed rupee-rouble exchange rate to help them reduce...
Over 54 lakh overage vehicles deregistered in Delhi
Delhi's transport department has deregistered more than 54 lakh overage vehicles, including autorickshaws, cabs and two-wheelers, till March 27, according to official data. Some...
Maruti Suzuki announces Financial Results for FY2022-23
The Board of Directors of Maruti Suzuki India Limited on 26th April, approved the financial results for the year ending 31st March 2023.
In its...
Volkswagen focussing on premium product segment in India
Around 45 per cent of passenger vehicles sold in India coming from models priced above Rs 10 lakh so far this year, German carmaker...
MG Motor India to focus on profitability, growing operations
MG Motor India will focus on profitability while also growing its operations, its top executive told reporters at the unveiling of its two-door electric...
VRL Logistics to expand its fleet size to 7200 trucks
VRL Logistics plans to expand its fleet size to approximately 7,200 trucks by the next financial year, following its latest order for 1,560 trucks...
Tata Power to install 20 EV charging stations in Coimbatore
Tata Power, an integrated power company has signed a pact with the Coimbatore municipal corporation to install 20 public electric vehicle charging stations in...