India Automotive

India Automotive · 20. December 2019
India’s automobile industry is one of the largest in the world. It manufactures 25 million vehicles annually, out of which over 3.5 million are exported to other countries. In the year 2019, India’s automobile exports grew 14.5% and is poised to grow at a CAGR of 3.05% during 2016-2026. Initiatives taken by the Indian Government and automobile players are driving the country’s automobile industry to new heights. With this consistent growth, India is expected to emerge as the third largest...
India Automotive · 07. December 2019
The Indian government lowered its target from 100% electric vehicles by 2030 to just 30%. But India’s ambitions for the future of its electric vehicles market remain immense. And the government is working on plans to require all two-wheelers to be electric by 2026. Read more on FORBES.
India Automotive · 04. December 2019
With an inspiring history dating back to 1973, this Premium Motorbike Accessory brand from Italy has truly come a very long way from just being a small factory in the heart of Italy’s Brescia to becoming world’s most trusted brand in motorbike accessories. Real passion, attention to detail and Italian designs are three foundational blocks that define the company’s legacy. It has got several branches in different countries today and hire more than 500 employees all over the world. The...
India Automotive · 31. July 2019
India has joined several progressive governments in providing a clear impetus to the development of the Electric Vehicles (EV) industry. The government is aiming to make India a global hub of EV manufacturing and has introduced the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME 2) scheme, in order to reduce pollution and contain oil imports. While no target has been set for automakers to mandatorily convert part of existing vehicle production to electric...
India Automotive · 23. February 2019
Landing at Rank 77 in the Ease of Doing Business report released by the World Bank, India has observed certain remarkable improvements in terms of economic growth and creating opportunities for industry giants in the country with the help of business development consultant in terms of setting up business in India. The country’s automotive sector became the world’s 4th largest in the world with its sales increasing 9.5 percent year-on-year to 4.02 million units in the year 2017. Last year,...
India Automotive · 26. March 2018
The automobile industry in India is the world’s 3rd largest, with the country currently being the world’s 7th largest CV manufacturer. Two-wheelers dominate the industry and had a 79% share in the automobile production in FY 2016-17. Two-wheeler sales are expected to grow 8-10% in FY 2017-18. The passenger vehicle sales in India crossed the 3m unit milestone during FY 2016-17, and is further expected to increase to 10m units, by FY 2019-20. The auto industry is set to witness major changes...
India Automotive · 03. March 2018
Ashok Leyland at AutoExpo 2018 unveiled its first electric bus Circuit S powered by Sun Mobility's swappable smart battery. Commercially, the bus will be available in next three to six months.
India Automotive · 03. March 2018
State-run Energy Efficiency Services Ltd (EESL) will soon float the second global tender for 10,000 electric vehicles to be deployed across the country for government use. In the previous EV tender from August last year, Tata Motors and Mahindra & Mahindra emerged as the lowest bidders. Tata Motors had quoted Rs 11.2 lakh ($17k) for each car including GST, which was matched by Mahindra, in the first phase of procuring 500 vehicles.
India Automotive · 03. March 2018
Chetan Maini promoted SUN Mobility is planning to invest Rs 16.7 billion to create charging infrastructure for electric vehicles in Andhra Pradesh. In 2017, the Bengaluru-based company entered a strategic alliance with commercial major Ashok Leyland to develop electric buses with swap-and-charge battery technology. The partners have unveiled Circuit S, India’s first electric bus equipped with swappable batteries. The fully-charged batteries, which can power the bus for 50-60 km, take less...
India Automotive · 03. March 2018
Automaker Mahindra& Mahindra (M&M) has announced a tie-up with Korea-based battery manufacturer LG Chem for development of a unique cell exclusively for India. The plant will have a capacity of half a million battery modules per annum and will also house a battery module pack line. The entire facility for both module and pack is expected to go into production in the last quarter of 2019-20.

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