SOCIETY OF INDIAN AUTOMOBILE MANUFACTURERS
Here's why automobile giants are offering car subscription services to their clients
Car subscription works out very well for those who are in transferable jobs and do not want to worry about owning/transporting a car across cities or those individuals whose car requirements keep altering with their lifestyle changes.
Auto sector: What the numbers don't tell
Retail sales figures reflect actual purchases by buyers and there can often be a mismatch between th...
Severe slowdown: When will the Indian economy recover and how?
India’s GDP growth dropped to 4.5% in Q2, a free fall from govt’s call for a d...
CG Power draws up plan to work on operations recovery
A recent investigation by the company revealed that nine wrongful transactions, allegedly undertaken by the promoter group led by Gautam Thapar, had caused it a loss of around Rs 3,000 crore. The company is doing a deeper investigation under what it calls ‘Phase 2’, even as the Ministry of Corporate Affairs has referred the case to the SFIO.
Need for a graduated approach: Why ICE and electric vehicles can co-exist in India
India’s transition to electric mobility is not only about fighting air pollution, it’s about creating the necessary infrastructure for supporting ICE and BS-VI and creating an enabling environment for ICE and EVs to coexist while allowing for a phased transition to EVs.
In the future of manufacturing, what's your strategy?
Can embracing an innovative approach also translate into commercial gains? Experts are of the view that the nation's manufacturing firms will need to focus on developing capabilities in innovation and not merely rely on jugaad.
Parliament passes the bill banning e-cigarettes
While most of the members in the House supported the ban on e-cigarettes, some of the MPs wanted to know why conventional cigarettes aren't banned as they are equally or even more harmful. Many opposition members also expressed reservation over bringing the ordinance and introducing the Bill without sending the same to a Parliamentary Standing Committee.
Cut GST on automobiles to spur demand, says Rajan Wadhera, President, SIAM
Rajan Wadhera says the industry’s ability to provide large discounts is limited and that it has already pulled out all stops in offering attractive deals to consumers.
By 2025 India will have 22 million obsolete vehicles. Where will they go to die?
The Indian auto and its component industry that manufactures a wide variety of products including engine parts, drive transmission and steering parts, body and chassis, equipment and electrical parts, etc, is considered to be the well-developed.
Power2SME's, Spirit of Manufacturing Awards, to recognise innovation in India's SME sector
These awards are dedicated to applauding innovative entrepreneurs in the manufacturing industry. They're designed to re-iterate the importance of the manufacturing sector and will help create visibility for the manufacturing industry and in turn, encourage further innovation.
Maruti says Ola & Uber not a big factor for current slowdown
Nirmala Sitharaman had attributed auto slump to change in mindset of millennials.
GST rate cut can help revive growth in auto industry: Hyundai
The previous biggest decline across overall domestic automobile sales was recorded in December 2000 when it fell 21.81 per cent.
Automobile dealers ask manufacturers to report retail sales to avoid inventory accumulation
This becomes significant as automobile dealers attribute the focus of the manufacturers on achieving their wholesale targets as one of the leading reasons for the inventory accumulation.
How can India end up saving 2800 GWh energy per year? Change the fans
Smart fans from Atomberg, the pioneer of BLDC motor, promise a significant reduction in energy consumption.
Need to decouple growth in GDP from growth in greenhouse gas emissions
Narasimha Rao, a professor at the Yale School of Forestry and Environmental Studies, has developed the Decent Living Energy Project, an assessment of both the energy needs in select emerging economies and the climate impacts of providing everyone in those same economies with a basic living standard.
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