Autocar_Professional India Online News – Page 1378

To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Nitin Gadkari, the union minister for transport and highways, revealed that he recently met with Jammu and Kashmir government officials and asked them to speed up the efforts. He also asked them to seek assistance from the private sector. In February of this year, India announced the discovery of 5.9 million tonnes of inferred lithium reserves… Continue reading To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

To hasten EV adoption, Indian Govt hopes lithium mining in Jammu & Kashmir to start in a year’s time

Auto stocks react on government’s suggestion to impose 10% tax on diesel engines

Auto stocks were trading lower on the back of Union Minister Nitin Gadkari’s announcement, proposing to levy an additional 10% GST tax on vehicles, but then recovered gains, upon the minister’s clarification. Speaking at the 63rd SIAM convention, the Minister for Roads, Transport and Highways stated that he would ask the FM to impose this… Continue reading Auto stocks react on government’s suggestion to impose 10% tax on diesel engines

Uno Minda announces new premium range alloy wheels

Uno Minda, a leading Tier 1 supplier of Proprietary Automotive Solutions to Original Equipment manufacturers (OEMs), in collaboration with Kosei Aluminum, a Japanese global leader in aluminium Alloy wheel design and manufacturing, has launched its new premium range of alloy wheels in the Indian aftermarket starting at Rs 5,990, The premium lineup of alloy wheels — Sharp, Space,… Continue reading Uno Minda announces new premium range alloy wheels

Uno Minda announces new premium range alloy wheels

‘Will urge Finance Minister to levy 10% pollution tax on diesel engines’: Nitin Gadkari

To expedite the switch to cleaner automotive fuels, and push the automotive industry towards alternate propulsion technologies, the Indian government could mull hiking tax on vehicles that run on diesel. The Union Minister for Road Transport and Highways, Nitin Gadkari, stated that the industry must accelerate the transition from diesel and petrol to alternative fuels,… Continue reading ‘Will urge Finance Minister to levy 10% pollution tax on diesel engines’: Nitin Gadkari

PM Narendra Modi urges India Auto Inc to develop a sustainable mobility ecosystem

The 63rd annual convention of apex industry body Society of Indian Automobile Manufacturers (SIAM) has begun today in New Delhi. In his message to India Auto Inc and SIAM, Prime Minister Narendra Modi has urged the industry to work towards a sustainable mobility ecosystem. “The need of the hour today is to develop a mobility… Continue reading PM Narendra Modi urges India Auto Inc to develop a sustainable mobility ecosystem

TVS Holdings appoints Sudarshan Venu as MD

TVS Holdings has appointed Sudarshan Venu as MD of the company for a period of five years, effective 11 September 2023. The auto parts company formerly known as Sundaram Clayton, has also appointed Timm Tiller as a non-executive independent director, for the same time duration as Sudarshan Venu, effective 11 September 2023. Sasikala Varadachari has… Continue reading TVS Holdings appoints Sudarshan Venu as MD