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Mixed reactions pour in on Union Budget 2024
July 23, 2024
With a lack of direct schemes or policies for the automotive industry, all hopes are on rural growth to provide fillip to auto retail sales.
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Nidec Corp selects Tata Elxsi to accelerate software development capability
July 23, 2024
Nidec is one of the leading comprehensive motor manufacturer, with approximately 340 group companies engaging in business in 46 countries globally.
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Revision in income tax, focus on skilling may give fillip to two-wheeler and passenger vehicle sales
July 23, 2024
The revision in direct income tax is expected to provide an individual with savings of INR 17,500.
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CNH attains 7,00,000 tractors production milestone at its Greater Noida facility
July 23, 2024
The plant manufactures around 2,000 tractor variants, ranging from 35 to 120 horsepower across the two brands.
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Amara Raja inks agreement with IIT Tirupati to set-up Dr R N Galla Chair Professorship
July 22, 2024
. IIT Tirupati has identified Energy storage as one of its thrust areas and is positioning itself to be a key player in various national initiatives.
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Economic Survey 2023-24: PLI for automobile and components attracted INR 676 billion says PTI
July 22, 2024
In FY24, the country produced around 49 lakh passenger vehicles, 9.9 lakh three-wheelers, 214.7 lakh two-wheelers, and 10.7 lakh commercial vehicles,
