A few months ago, the World Bank lavished praise on India's Production Linked Incentives (PLI) scheme. The scheme was even credited for accelerating India's GDP growth rate and taking it to ...
As per the data released by the Department of Promotion of Industry and Internal Trade (DPIIT), India has broken all records of Foreign Direct Investment in the first half of the ongoing fiscal ...
Nirmala Sitharaman has recently been in the news due to her comments on the auto sector. Last week, while addressing reporters in Chennai, Nirmala Sitharaman had said, “The automobile and components ...
The Indian auto industry is the fifth largest in the world with 4,488,965 units produced in 2016 as per Organisation Internationale des Constructeurs d'Automobiles – A distinguished Paris based trade association. ...
Yesterday Prime Minister Modi unveiled National Automobile Scrappage Policy, which calls for all private and commercial vehicles to undergo “fitness tests” after 15 and 20 years respectively. Registration of such vehicles ...
For the last few decades, the automobile sector of India has not gone through any significant change. In fact, in countries around the world, the automobile sector is considered a very ...
Toyota, the second largest automobile manufacturer in the world after Germany’s Volkswagen, is set to halt expansion in India given ‘we don’t want you’ taxes by the government. The company which ...
India’s automobile sector is reviving at an unprecedented pace, which even industry stalwarts were not expecting only until last month. The COVID-19 pandemic and subsequent stringent nationwide lockdown which was in ...
The automobile sector is facing intense pressure to ‘innovate’ as law of diminishing return has come to haunt it. The automobile manufacturers are involving Information Technology companies in order to innovate, ...
In the last four and half years of Modi government, the automobile and transport sector in the country has grown at a rapid pace. As per an article by TV Mohandas ...
The Automobile sector is going through a big churn in India as well as around the world. The exponential rise in the demand of automobiles in rural India, government’s push for public transport and increased expenditure ...
The automobile and Fast Moving Consumer Goods (FMCG) sector has posted a five-year high volume growth in the April-June quarter, thanks to a favorable base but also driven by improving consumer ...
and never miss an insightful take by the TFIPOST team
