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Bangladesh crisis causes major losses to Indian auto manufacturers
Data from the Ministry of Commerce and Industry shows that Indian two-wheeler exports to Bangladesh were 3.6% by value in FY24, down from 3.69% in FY23 and 3.72% in FY22.Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
SIAM organises International Conference on Fuelling the Future towards Sustainability
Society of Indian Automobile Manufacturers (SIAM) hosted an international conference focused on "Fuelling the Future towards Sustainability: Observing World Biofuels Day 2023"Read more
Indian Automobile Industry valued at $108 bn in 2022-23: Primus Partners
The automobile industry produced value of Rs 8.7 lakh crore in 2022-23 and India produced 2.7 crore vehicles and is 3rd in passenger vehicles and 1st in 2 wheelers globally. Read more
Piaggio Vehicles appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles
Piaggio Vehicles Pvt Ltd (PVPL), a 100 per cent subsidiary of the Italian auto giant Piaggio Group appoints Dhiraj Tripathi as Vice President - Export & Electric Vehicles. Tripathi will be responsible for the Sales, Service, Marketing & Business Development for EVs and Exports.Read more
Vivek Sharma: Data is the new currency
In this exclusive interview with Rakesh Rao, Vivek Sharma, MD-India, Lenovo ISG, explains the progression of manufacturing sector towards Industry 5.0 and how adoption of advanced analytics and AI solutions is augmenting faster decision-making.Read more