Updated On Apr 30, 2024 at 08:05 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Car sales have rebounded sharply post-pandemic, compelling manufacturers to invest in fresh capacity as well as latest technologies to transition to clean mobility and add fresh talent to finetune growth strategies. India’s automobile industry is on… Continue reading Auto Industry ramps up C-suite hiring amid post-pandemic sales surge
Author: Economic Times of India Online News
Prasad Salunke joins Jio Financial to lead automotive, solar, and device financing
Prasad Salunke New Delhi: Prasad Salunke, an industry professional with extensive experience in financial services, has joined at Jio Financial as Business Head for automotive, solar, and device financing. at Jio Financial. In his new role at Jio Financial, Salunke is poised to leverage his diverse background to drive innovation in mobility and sustainable financing… Continue reading Prasad Salunke joins Jio Financial to lead automotive, solar, and device financing
NATRAX organises automotive leadership conference for testing agencies
The Conference was held in association with SIAM, ACMA and ATMA with The Policy Times Chamber of Commerce as the Organizing Partner and ET Auto as the media partner. New Delhi: National Automotive Test Tracks (NATRAX), under NAB (Ministry of Heavy Industries, GoI) organised first of its kind conference on “Global Presence of Indian Test… Continue reading NATRAX organises automotive leadership conference for testing agencies
India needs to invest in R&D to hit growth targets, says CEO, Ather Energy
From the total amount of investment assigned for different sectors, 10%-15% should be utilized for R&D, added Mehta. New Delhi: India targets to become a USD 10 trillion economy in the coming decade with the growth of sectors like infrastructure, semiconductor, electronics, electric vehicle ecosystem, and others. To hit this target a robust manufacturing sector… Continue reading India needs to invest in R&D to hit growth targets, says CEO, Ather Energy
Envision Energy join hands with Hero Future Energies for boosting renewable energy sector
The agreement encompasses various aspects, including the supply of Wind Turbine Generators (WTGs), Battery Energy Storage Systems (BESS), and Green Hydrogen technologies. Envision Energy and Hero Future Energies have entered into a framework agreement aimed at advancing cooperation in the renewable energy sector. The agreement encompasses various aspects, including the supply of Wind Turbine Generators… Continue reading Envision Energy join hands with Hero Future Energies for boosting renewable energy sector
China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 years: GTRI
“Over the last 15 years, China’s share in India’s industrial product imports has increased significantly, from 21% to 30%. A recent report by the economic think tank Global Trade Research Initiative (GTRI) highlights India’s rising reliance on Chinese industrial products like telecom, machinery, and electronics. Over the past 15 years, Beijing’s share in New Delhi’s… Continue reading China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 years: GTRI
Rupee declines on weakness in Asian peers, foreign banks’ dollar buys
“Despite external pressures, the rupee is expected to maintain its resilience … (and) may gradually strengthen to around 83.20 to 83.00,” Amit Pabari. The Indian rupee weakened on Monday pressured by dollar demand from foreign banks and weakness in Asian currencies amid concerns that U.S. rate cuts this year will be delayed. The rupee was… Continue reading Rupee declines on weakness in Asian peers, foreign banks’ dollar buys
Tata Motors slapped INR 1.92cr penalty by Raipur Tax Division
“The Company has received order confirming demand on account of short payment of Tax and excess availment of credit under section 73 of the CGST/SGST Act, 2017”, the company said in an exchange filings. New Delhi: Tata Motors, one of India’s largest automakers, has received a notice from Deputy Commissioner of State Tax, Raipur Division… Continue reading Tata Motors slapped INR 1.92cr penalty by Raipur Tax Division
149% surge in cases of mobile phone use while driving since Jan
Traffic police said that the Delhi Traffic Police is actively engaging in public awareness campaigns to educate motorists about the dangers of using mobile phones while driving. New Delhi: A major surge of nearly 149% in prosecutions related to mobile phone usage while driving in Delhi since January 1, as compared to the corresponding period… Continue reading 149% surge in cases of mobile phone use while driving since Jan
India bridging infra gaps to be a global manufacturing hub: Siemens executives
Siemens itself is leveraging AI for internal efficiency acceleration, simplification of products by building copilots, and creating value with the “huge treasure of data” it has on industrial and energy sectors, Neike said. India is addressing infrastructure bottlenecks hindering its manufacturing growth and the country is well-placed to become one of the top manufacturing hubs… Continue reading India bridging infra gaps to be a global manufacturing hub: Siemens executives