Wireless technology solutions provider Qualcomm Technologies and digital maps firm MapmyIndia on Friday announced a technology collaboration, aimed at developing telematics solutions tailored to the needs of Indian automakers.
Prime Minister Narendra Modi highlighted that India's automotive sector is witnessing remarkable growth, with the country now selling over 2.5 crore cars annually, surpassing the population of many countries globally.
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
YTD EV penetration improved by 100 basis points (bps) year-over-year (YoY) to reach 7.6 per cent, with total EV registrations rising 26 per cent YoY to 1.1 million units.
Delhi Transport Minister Kailash Gahlot chaired a meeting with representatives from the Federation of Automobile Dealers Associations (FADA) and the Society of Indian Automobile Manufacturers (SIAM) on Tuesday to address their concerns over issues such as delays in vehicle registration, non-
The Indian automotive sector witnessed a significant resurgence in the third quarter of 2024, with 32 deals amounting to USD 1.9 billion across mergers and acquisitions (M&A), private equity (PE), initial public offerings (IPO), and qualified institutional placements (QIP), the as per th
Indian Auto LPG Coalition (IAC) has appealed to the Prime Minister to endorse Auto LPG as an environmentally friendly alternative fuel and provide a level playing field.
New Delhi [India], September 24: Park+, India's SuperApp for car owners, today announced the launch of Park+ Research Labs, a data-driven service, aimed at empowering Indian automobile ecosystem stakeholders to identify actionable insights, to unlock business value. Park+ Research Labs will
The Indian automobile market will experience a significant surge of over 15 per cent growth during the upcoming festive season, particularly in the two-wheeler (2W) segment says a research report by Nuvama Wealth Investment Limited.
The Union Minister further reiterated India's commitment to sustainable growth, recalling Prime Minister Narendra Modi's 'Panchamrit' roadmap unveiled at the COP26 in Glasgow.
The passenger vehicle sales in the month of July stood at 3,41,510 units, highlighting the sales data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.