The Production Linked Incentive (PLI) Scheme for Automobile & Auto Components led companies to commit around Rs 25,000 crore as of December 2024. The capital investment is committed towards setting up new production facilities and upgrading technology. The Union Cabinet approved the PLI Scheme for Automobile & Auto Components on September 15, 2021 with budgetary… Continue reading PLI Schemes Leads To Rs 25,000 Crore Investment Commitments In Auto Sector
Tag: Tata
Debate worth having: can over-the-air updates really add value to your car?
Over-the-air (OTA) updates mean your car seamlessly receives up-to-the-minute software—but could they offer added benefits for your vehicle’s functionality and appeal? A key feature of today’s connected vehicles, over-the-air (OTA) updates allow manufacturers to remotely upgrade the software in your car via Wi-Fi or network data signal, and can include brand new features being added. … Continue reading Debate worth having: can over-the-air updates really add value to your car?
Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump
India’s auto component exports to the US was $6.79 billion in FY24, while the country’s imports from the US stood at $1.4 billion at 15 per cent duty, reported PTI citing industry estimates. US President Donald Trump’s decision to impose a 25per cent tariff on all auto imports has sent shockwaves across the global automobile… Continue reading Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump
Rooted in Metal, Rising in Code: TN’s Auto Vision
Tamil Nadu is adopting a pragmatic, dual-track approach to mobility, supporting the growth of electric vehicles while maintaining its legacy as India’s hub for internal combustion engine (ICE) manufacturing. Speaking at Autocar Professional’s Future Powertrain Conclave held on Wednesday in Chennai in partnership with Guidance Tamil Nadu, TRB Rajaa, Minister for Industries, made it clear… Continue reading Rooted in Metal, Rising in Code: TN’s Auto Vision
US tariffs will hurt both automakers and US manufacturing: ACEA
The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
US tariffs will hurt both automakers and US manufacturing: ACEA
The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
Trump’s Auto Tariffs: 14 Indian Stocks To Watch
US President Donald Trump has imposed 25% tariff on all car and component imports into the US, with a view to encourage domestic manufacturing. While India is not a big exporter of cars to the US, the tariffs may have an indirect impact on some of the listed Indian companies — particularly those that supply… Continue reading Trump’s Auto Tariffs: 14 Indian Stocks To Watch
Trump’s Auto Tariffs: 14 Indian Stocks To Watch
US President Donald Trump has imposed 25% tariff on all car and component imports into the US, with a view to encourage domestic manufacturing. While India is not a big exporter of cars to the US, the tariffs may have an indirect impact on some of the listed Indian companies — particularly those that supply… Continue reading Trump’s Auto Tariffs: 14 Indian Stocks To Watch
Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz
Rajiv Kumar New Delhi, Vedanta on Wednesday said its board has approved the appointment of Rajiv Kumar as CEO of its aluminium business. The development comes at a time when Vedanta is demerging its businesses, including its aluminium business, into four independent entities. “The board of directors at its meeting held on Wednesday, March 26,… Continue reading Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz
Trump levies 25% tariff on all cars imported to US
A new tariff of 25% will be imposed on all cars and car parts imported into the United State, President Donald Trump has announced. This new levy will come into effect from April 2, and will apply both to finished machines shipped into the country and car parts imported for vehicles assembled there. President Trump claimed the… Continue reading Trump levies 25% tariff on all cars imported to US