With a view to reducing dependence of foreign countries such as China, the Economic Survey for 2024-24 has called for government policies aimed at de-risking EV supply chains by promoting a more self-reliant ecosystem. China plays a central role in the global supply chain for EV components, such as batteries and rare-earth minerals, and any… Continue reading Reduce dependence on imported EV parts – Economic Survey
Category: US Motoring Press
FICCI highlights economic survey focus on deregulation and business ease
The Economic Survey 2024-25 has highlighted the need to improve manufacturing sector competitiveness, suggesting scaling-up R&D and innovation spend. FICCI has suggested the creation of a robust ecosystem for domestic manufacturing, emphasizing Production Linked Incentives (PLI) for critical sectors. The Economic Survey cited FICCI’s report on the development of a complete value chain through PLI… Continue reading FICCI highlights economic survey focus on deregulation and business ease
Aftermarket alloy wheels leader Neo Wheels guns for future growth
Leading aftermarket alloy wheels brand Neo Wheels, which commands a 35-37% market share, is eyeing future growth, driven by the growing consumer aspirations and premiumisation of the market. The company which caters to end customers with its wide range of gravity die-casted alloy wheels in the 12-inch to 20-inch category is bullish about strong growth, and… Continue reading Aftermarket alloy wheels leader Neo Wheels guns for future growth
Auto Expo 2025 – Dialogues | Jagdish Singh, Chairman and MD, GNA Enterprises
At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is poised to witness significant growth. In this latest video, Jagdish Singh, Chairman and Managing Director, GNA Enterprises, talks about the homegrowh component maker’s presence at the exhibition with its entire range of… Continue reading Auto Expo 2025 – Dialogues | Jagdish Singh, Chairman and MD, GNA Enterprises
Carmakers poised to cross 4 lakh unit sales landmark in January 2025
The Indian passenger vehicle market continues to scale new peaks even as market growth slows to the low single digits. The car market will likely breach the historic 4-lakh unit monthly dispatches for the first time in January. Total dispatches could range from 4.05 lakh to 4.10 lakh units, registering a 2-3% growth over 3.93… Continue reading Carmakers poised to cross 4 lakh unit sales landmark in January 2025
Carmakers poised to cross 4 lakh unit sales landmark in January 2025
The Indian passenger vehicle market continues to scale new peaks even as market growth slows to the low single digits. The car market will likely breach the historic 4-lakh unit monthly dispatches for the first time in January. Total dispatches could range from 4.05 lakh to 4.10 lakh units, registering a 2-3% growth over 3.93… Continue reading Carmakers poised to cross 4 lakh unit sales landmark in January 2025
Auto Industry Seeks EV Boost, Tax Cuts, and Infrastructure Push in Budget 2025
Ahead of the Union Budget 2025 scheduled to be announced by Finance Minister Nirmala Sitharaman on Feb 11, 2025, the automotive sector expects policy measures that will accelerate sustainable mobility, strengthen domestic manufacturing, and enhance India’s global competitiveness. Industry leaders across the board are emphasizing the need for continued support in electric vehicle (EV) adoption,… Continue reading Auto Industry Seeks EV Boost, Tax Cuts, and Infrastructure Push in Budget 2025
Ola Electric introduces gen 3 S1 electric scooter range, prices starting at Rs 79,999
In a significant move to strengthen its position in India’s growing electric vehicle market, Ola Electric today unveiled its third-generation S1 portfolio, introducing eight new electric scooters across various price segments. The announcement marks a strategic expansion of the company’s product lineup, with prices ranging from ₹79,999 to ₹1,69,999. The new flagship model, S1 Pro+,… Continue reading Ola Electric introduces gen 3 S1 electric scooter range, prices starting at Rs 79,999
Driving auto industry momentum: why infrastructure investment should go beyond the highway
2025 has begun brightly for India’s automotive sector. Among the rows of gleaming new models launched at last week’s Auto Expo in New Delhi was the Skoda Kodiaq – the Czech brand’s flagship SUV, which will be built alongside its newest addition, the Kylaq, in Maharashtra for both the Indian and global markets. With total… Continue reading Driving auto industry momentum: why infrastructure investment should go beyond the highway
Driving auto industry momentum: why infrastructure investment should go beyond the highway headlines
2025 has begun brightly for India’s automotive sector. Among the rows of gleaming new models launched at last week’s Auto Expo in New Delhi was the Skoda Kodiaq – the Czech brand’s flagship SUV, which will be built alongside its newest addition, the Kylaq, in Maharashtra for both the Indian and global markets. With total… Continue reading Driving auto industry momentum: why infrastructure investment should go beyond the highway headlines