The Covid-19 pandemic, the government’s drive for self-reliance and the geopolitical risks of China have handed India’s automobile sector the opportunity to emerge as a global player in terms of both auto components and vehicle sales.
The spread of Coronavirus will adversely affect the aviation, pharmaceutical and automobile industries in India, among others. Lockout in parts of China following Coronavirus outbreak will have an adverse impact on several industries in India – aviation, pharmaceutical and automobile being three of them. Impact on Indian aviation industry Till recently, the outbreak of the Coronavirus was limited to China and some of the other South East (SE) Asian countries and has impacted the air travel and movement of freight [...]
Collaboration will be more important than ever, says a motor industry expert as he stresses on the importance of India as a partner for the UK automotive industry. Highlights: Presently, UK-India automotive trade is worth approx. £270 million. Over the past decade, the total number of UK-built cars exported to India has increased twelvefold, despite high import duties. Collaboration with partners abroad to exchange skills and expertise to accelerate digitalisation offers greater opportunities both for India and the UK. India [...]
Naveen Rabelli recently completed a unique 10,000-km journey from India to the UK in a fully solar-powered auto-rickshaw. His mission was simple: To show the world what Indian jugaad or frugal innovation can achieve in the world of renewables.
The Indian automobile industry is making its presence felt globally with rising exports, multiple acquisitions and heightened exposure to overseas markets.
In February this year something very uncommon, if not unprecedented, happened in the Indian automotive industry. The country’s largest car maker, Maruti Suzuki India Ltd, exported a batch of 1,800 units of its latest premium compact car Baleno to its home market Japan. Export of cars from India have gained significant volumes and are growing fast but even then this tranche was of special relevance. It was the first time ever that Maruti, where Suzuki owns a majority 54 per cent, was exporting a model from its factories in India to parent Suzuki’s home country. Over the last decade...