NEW DELHI: Union Minister of State for Commerce and IndustryAnupriya Patel on Monday said that India is expected to export USD 46 billion to ASEAN in the financial year 2022. Patel on Monday inaugurated the “India-ASEAN Engineering Partnership Summit” organised by the Engineering Exports Promotion Council (EEPC) with support from the Ministry of External Affairs… Continue reading India’s exports to ASEAN estimated at USD 46 billion in FY22: MoS Anupriya Patel
Author: Economic Times of India Online News
Renault India, Nissan Motor and Suzuki Motorcycle enter the list of top advertisers in auto sector : TAM AdEx
TAM AdEx overview of half yearly advertising in the auto sector states that between H1 ’19 – H1’21, ‘Auto Sector’ had the highest share of TV Ad Volumes i.e. 4.8 percent during H1’19. It was at the 7th position as compared to other sectors, in H1 ‘19, and dropped to the 9th position in H1’20… Continue reading Renault India, Nissan Motor and Suzuki Motorcycle enter the list of top advertisers in auto sector : TAM AdEx
India should develop disruptive technologies to meet goal of decarbonisation by 2050: Anil Kakodkar
Anil Kakodkar, Atomic Energy Commission (AEC) chairman Lower cost of energy is key to the economy’s growth and India should focus on developing disruptive technologies to keep the cost competitive and meet the goal of decarbonisation by 2050, former Atomic Energy Commission (AEC) chairman Anil Kakodkar said on Wednesday. Speaking at an online event organised… Continue reading India should develop disruptive technologies to meet goal of decarbonisation by 2050: Anil Kakodkar
Government aims to raise auto sector contribution to GDP, job creation: Nitin Gadkari
“The Automotive Mission Plan of the Government of India is to set a goal to raise the contribution of the automobile sector towards nation GDP to 12 per cent and generate about 50 million new jobs,” he said. New Delhi: The government looks to increase the contribution of the automobile sector to India’s GDP to… Continue reading Government aims to raise auto sector contribution to GDP, job creation: Nitin Gadkari
Ford delays a return to offices, weighs vaccine mandate
Ford said most office workers in North America, Latin America and International Markets groups will not come back to offices before January. The company is reassessing return to work plans every three to four months. By Joseph White DETROIT: Ford Motor Co will delay bringing most workers back to offices until January, and is still… Continue reading Ford delays a return to offices, weighs vaccine mandate
CEZ aims to decide by year-end on ‘gigafactory’ consortium
Speaking to reporters on Wednesday at a cement plant where the processing of lithium ore is being researched, CEZ chief Daniel Benes said the company was in talks with four partners, all from Asia, for the factory, which is likely to cost more than $2 billion. By Jan Lopatka Czech Republic: Czech power producer CEZ… Continue reading CEZ aims to decide by year-end on ‘gigafactory’ consortium
Regulators reject insider trading suspicions in Aston Martin, Daimler shares -FT
German markets watchdog BaFin looked into trading at Daimler and also passed information to counterparts at the UK’s Financial Conduct Authority regarding trading in Aston Martin shares, the newspaper said. New Delhi: Financial regulators looked into suspicions of insider trading in carmakers Daimler and Aston Martin shares but found no evidence of wrongdoing, the Financial… Continue reading Regulators reject insider trading suspicions in Aston Martin, Daimler shares -FT
NHAI: Free pass to motorists living within 5km radius
Thiruvananthapuram: After facing protests from residents and political parties alike, the National Highways Authority of India (NHAI) on Tuesday agreed to provide free pass to motorists residing within five km radius of the new toll plaza at Vengara near Thiruvallam on the Kazhakootam-Karode national highway. The decision was taken after two back-to-back meetings conducted by… Continue reading NHAI: Free pass to motorists living within 5km radius
Transition of automobiles towards electric mobility inevitable: Niti Aayog CEO
Niti Aayog CEO Amitabh Kant The transition of automobiles towards electric mobility is inevitable and it is for the auto industry to make the change and drive it to make India a global leader in electric vehicles (EVs), Niti Aayog CEO Amitabh Kant said on Wednesday. Speaking at the annual convention of auto industry body… Continue reading Transition of automobiles towards electric mobility inevitable: Niti Aayog CEO
PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility
New Delhi: Prime Minister Narendra Modi on Wednesday said holistic steps are being taken for the value chain associated with automobile manufacturing so that the industry becomes more productive and sustainable. In a message to the auto industry body Society of Indian Automobile Manufacturers (SIAM) on its 61st Annual Convention, the Prime Minister also stated… Continue reading PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility