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SIAM holds Automotive Sourcing Conclave 2024

The sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.Read more

Slowing demand to curb auto component revenue growth to 6-8%

Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more

Mahindra debuts electric origin SUVs named XEV 9e and BE 6e

The SUVs will premiere globally at UNLIMIT INDIA, on November 26, 2024, in Chennai.Read more

India's automobile exports rise 14% in April-September; Driven by PVs and e2W

In FY24, India’s automobile exports declined 5.5%, totalling 45,00,492 units, compared to 47,61,299 units in FY23, due to global financial pressures. Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

Ford to resume manufacturing in India for export markets

With engine manufacturing operations in Sanand, India remains Ford's second-largest salaried workforce globally.Read more

China orders automakers to avoid investing in India to safeguard EV technology

The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more

Indian EV market expected to grow at over 40% CAGR till 2027: Niveshaay

The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.Read more

Centre plans vehicle scrappage policy based on pollution levels; Anurag Jain

Jain pointed out that a policy mandating scrappage after a certain number of years often raises questions from vehicle owners who maintain their vehicles well.Read more

SIAM's 64th convention themed Sustainable Mobility Journey towards Viksit Bharat

In the conference, prominent leaders and policymakers discussed the pivotal role of sustainable mobility in achieving Viksit Bharat goals by 2047. Read more

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