The spark plugs of the Indian automobile industry may have been ignited. Hyundai Motor India has sold in excess of 12,000 units in a month with the application of smart work processes coupled with lean, agile production teams.
In an exclusive interview with ’India Global Business', Naveen Munjal, Managing Director of Hero Eco Group and Hero Electric Vehicles, discusses the electric vehicle (EV) market, the importance of adequate charging infrastructure and the impact of the pandemic on the sector.
The Tata Group is the best-known Indian business house in the world, but it has to address several issues to maintain its position as the gold standard of the country’s industry. The Tata brand remains India’s most valuable and also the best known global calling card of Indian industry. But in 2017, it fell out of the list of the world’s 100 top brands for the first time since 2007, clocking a rank of 103, a 14 position decline compared [...]
The state claims to be the best one to invest in India but does not make the mistake of resting on its laurels. Andhra Pradesh Chief Minister Chandrababu Naidu is forever a busy man. His media advisor, Srinivasa Rao, says keeping pace with him is no mean task. He claims he has lost at least 5 kgs in the last one year. Ever since Telangana was carved out of the erstwhile state in June 2014, it will not be incorrect [...]
The Chief Minister of Andhra Pradesh was in the UK recently to convince investors to choose his state for their new business ventures. Andhra Pradesh Chief Minister N. Chandrababu Naidu made a plea for investors in the UK to invest in his state and participate in building Amaravati into "one of the best capitals in the world". Addressing a gathering of entrepreneurs and business chiefs after accepting his Golden Peacock Award for Leadership in Public Life and Economic Transformation from the Institute [...]
Country’s robust automobile manufacturing base is now churning out cars and bikes for diverse geographies from Latin America, Africa to East Asia and Australia. In fiscal 2016, India exported more cars across the world than China. On the one hand, it does not mean much. In the overall list of top car exporters, India still ranks a poor 20th. Even among emerging economies in Asia, it is behind Thailand. Yet, overtaking China has its own importance. It is the world’s [...]