Articles for Industry News

Total Vehicle Retail Falls By 7 Percent In August'22: FADA

Auto Retail for the month of August’22 saw an overall growth of 8 percent. August opens the door for festival season to kick in. While Dealers anticipated good Ganesh Chaturthi in August, the results thus far has not been encouraging. In spite of good monsoons, festive season began with a dampener during Ganpati, says FADA President, Manish Raj Singhania.

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India Is Serious About Promoting Domestic Semiconductor Industry: Goyal

Goyal said that India had come up with a semiconductor policy many months ago, which offered very liberal incentives to companies to come and manufacture in India and set up plants

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SIIMC 2022 Brings Together The Best From India’s Mobility Ecosystem

The SAEINDIA conference will also see a concurrent exposition and technology theatre with a footfall of over 1000. The exposition and technology theatre will bring together industry stakeholders including automotive startups promoting mobility solutions and investors looking to support innovative business models.

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MG Motor With RC College Introduces EV Certification Course

An MG Nurture program, the initiative focuses on fostering the skill development of students and bridging the industry-academia gap. MG - ZS EV made available to the college for an immersive learning experience in addition to providing support in educational material and training modules.

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Aston Martin Raising $660 Million In Rights Issue

Aston Martin said the rights issue was fully committed and underwritten, with support from PIF, as well as chairman Lawrence Stroll's Yew Tree and Mercedes Benz. The fundraising will allow the company to lower its debt and invest in new models, it has said.

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JP Minda & Sheru Sign MoU On Software Platform For Batteries

Under the MoU, Sheru would provide Minda with access to its Tezz software platform and receive advanced Li-ion batteries from Minda for battery swapping.

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Renon India Records Revenue Of Rs. 25 Crore; Aims To Clock Rs. 40 Crore Revenue Next Year

Renon India is gearing up to set a new benchmark in the energy storage sector. Renon India intends to supply its clients with dependable, safe, and cost-effective batteries.

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Motor Vehicles Registered In Other Countries Will Not Be Permitted To Transport Goods In India

Ministry of Road Transport and Highways has issued the Motor Vehicles Non-Transport Vehicles Visiting India Rules, 2022. These rules formalise the movement of Non-Transport (Personal) vehicles registered in other countries when entering or plying in the territory of India

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