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Cabinet sub-committee approves Rs 1.17 trillion for semiconductor & EV projects
The project, divided into two phases, will see an investment of Rs 849.47 billion, with Rs 587.63 billion allocated for the first phase and Rs 251.84 billion for the second.Read more
Skoda-VW hits 1.5 million production mark in India
In addition to its vehicle manufacturing success, SAVWIPL's Engine Shop produced over 380,000 engines to date in the last ten years. These engines rely heavily on components sourced within India.Read more
Die Mould India 2024 sets the stage for innovation and collaboration
Over 300 companies at the Die Mould India (DMI) exhibition showcased various technological developments for the booming die and mould industry.Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more