FPIs added ALL and Crompton Greaves Consumer after a gap of over five quarters.
Scrappage policy for old cars and two-wheelers could create fresh jobs and also boost growth.
The demand for the Japanese yen often increases amid rising risks to economic growth.
The share of women buyers among those who purchase luxury cars such as Mercedes Benz and Audi is even higher, at 15-20% — growing faster in a declining market. At Maruti Suzuki, the share of women buyers has jumped to 12% from 7% five years back, while its rival Hyundai Motor has seen it growing fourfold to 12% since 2014.
Two-wheeler and truck makers fear sales could shrink owing to price hikes after BS-VI.
JLR develops an app to track employee health while M&M says some parts may be in short supply.
Service provider Reliance Jio showcased at the expo its technology developments that connect vehicles to the cloud and can be used for wireless information exchange. The company is yet to commercialise these technologies. Telecom companies see great opportunity in collaborating with carmakers to provide wireless communication as vehicles get more and more connected, experts said.
Easier finance availability helped registrations of two-wheelers, cars get back into black in previous quarter.
Bajaj Auto MD Rajiv Bajaj said double-digit growth was generally the norm until the industry ran into a host of "inimical factors" in the last 18 months. Bajaj Auto chose to be global, despite India being the largest two-wheeler market in the world, as it had no control over local factors.
Daimler India Commercial Vehicles (DICV), the maker of Bharat Benz trucks, expects January-March quarter (Q1) to be positive after decline of multiple quarters, and is hoping for sops in the upcoming budget to drive consumption and cushion the decline that is expected post price increase of almost 10-15% in Q2 and Q3 of 2020 due to the implementation of BS-VI norms-compliant technology.
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