Greater Noida (Uttar Pradesh) [India], November 24 (ANI): Union Road Transport Minister Nitin Gadkari on Tuesday said that the Centre's mission is to increase the turnover of the automobile industry to Rs 15 lakh crore within the next five years.
Mumbai (Maharashtra) [India], November 4 (ANI): The special session of Muhurat Trading ended with the key indices including the auto sector and consumer discretionary goods and services gaining substantially.
New Delhi [India], September 15 (ANI): Production Linked Incentive Schemes for the auto sector will take the Indian auto industry to a high trajectory, Arun Goel, Secretary, Ministry of Heavy Industries, has said.
Mumbai (Maharashtra) [India], Sep 13 (ANI): India Ratings and Research (Ind-Ra) has maintained an improving outlook for auto sector during FY22 as revival across segments is expected to continue in the second half, aided by a recovery in consumer sentiments, increased preference for personal
Mumbai (Maharashtra) [India], August 24 (ANI): India Ratings and Research (Ind-Ra) said on Tuesday the domestic auto sector can continue to face supply chain headwinds, especially due to semiconductor chips shortages, over the remainder of FY22.
New Delhi [India], August 11 (ANI): Higher taxes on automotive sector have a negative impact and the government needs to look at the solution, Revenue Secretary Tarun Bajaj said on Wednesday.
New Delhi [India], May 20 (ANI): The sudden and severe onset of second wave of Covid-19 pandemic in the country has derailed recovery momentum of automobile original equipment manufacturers (OEMs) and auto-ancillaries to an extent, investment information firm ICRA said on Thursday.
Mumbai (Maharashtra) [India], March 12 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook for the auto sector to improving for FY22 from negative on account of a likely revival across segments aided by positive consumer sentiments amid macroeconomic tailwinds as the eco
New Delhi [India], November 13 (ANI): A day after the Indian government approved Rs 1.46 trillion (USD20 bn) incentive programme to attract more foreign companies to set up manufacturing operations in the country, Fitch Solutions, on Friday, said the incentive scheme will give a boost to aut
Mumbai (Maharashtra) [India], Oct 10 (ANI): Amid economic slowdown and lingering impact of Covid-19 lockdown, automobile manufacturers are hoping for a quick rebound in sales during the upcoming festive season, according to a channel check report by Emkay Global Financial Services.
New Delhi [India], September 4 (ANI): Union Minister of Commerce and Industry and Railways Piyush Goyal has said that in the auto sector, we should move towards global dominance, in terms of auto components and automobiles.