Hyderabad: From wearing multiple crowns of the country’s information technology, pharmaceutical and startup hubs to being renowned for its active aerospace and defence ecosystem, Hyderabad on Monday put in its cards to make a mark in the automobile technology sector with one more global firm choosing the city to set up shop. American automotive aftermarket […]
New Delhi: The production linked incentive (PLI) scheme for automobile and auto component sectors has attracted investment proposals of Rs 74,850 crore for the next five years, 76.11 per cent higher than the planned target of Rs 42,500 crore, the government data showed on Tuesday. The proposed investment of Rs 45,016 crore is from approved […]
ICRA noted that despite the short-term headwinds, it expects the domestic auto component industry to register a 20-23 per cent revenue growth in the current fiscal year.
Two-wheeler segment is expected to be the most impacted, with the target consumer group's affordability and demand sentiment sharply hit by the second wave.
On Tuesday, Australia's fortress The Gabba was finally breached. It took 32 years and two months, but the unthinkable was achieved as an injury-ravaged young Indian team beat Australia by three wickets against all odds
Besides, the philanthropic arm - Hyundai Motor India Foundation - donated a KONA Electric for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new age mobility solutions.