Optimism prevails The future of auto industry is promising as the industry seems to be in the recovery mode with some faint light at the end of the tunnel. It may be due to the fourth quarter seasonality, the recoveries are visible especially in passenger cars and commercial vehicles. It is also very clear that the support from the central[Read More…]
Rough Patches The Indian automobile industry is travelling through rough patches as the industry faces lot of challenges ahead. The industry is eagerly looking at the implementation of Goods and Service Tax (GST) where the central government is mulling over calling a special session of Parliament in the second week of September to pass the Constitution Amendment Bill, 2015 or[Read More…]
Growing challenges… Globalisation is pushing auto majors to consolidate, to upgrade technology, enlarge product range, access new markets and cut costs. They have resorted to common platforms, modular assemblies and systems integration of component suppliers and e-commerce. The component industry is undergoing vertical integration resulting into emergence of systems and assembly suppliers rather than individual component suppliers. Thus, while most[Read More…]
Southern Spices As a surprise move, the Reserve Bank of India has cut the key policy rate by 25 basis points for the third time this year because of falling inflation and slow economic growth. But the apex bank kept the Cash Reserve Ratio (CRR) unchanged at 4%. With the repo rate reduced, EMIs are likely to come down much[Read More…]
June 2015 Subscription Form Online Subscription Safety Concerns All the vehicle manufacturers wish to increase their sales volumes in the country but are they really working on reducing the fatalities caused due to lack of proper safety features? It is tough to reply to this question as Indians always look on ‘More for Less’ which will be a difficult task[Read More…]
May 2015 Subscription Form Online Subscription Going Green The transport sector accounts for a significant environmental impact, both when it comes to greenhouse gases and the release of substances such as sulphur and carbon into the atmosphere. At the same time, the need for efficient transport in an increasingly globalised world has never been bigger. Fortunately, there are technologies that[Read More…]
April 2015 Subscription Form Online Subscription Positive Outlook The Reserve Bank of India (RBI) announced a surprise repo rate cut by 25 basis points in March, which was not made during the regular cycle for monetary policy decisions and announcements. Earlier, in January, RBI had lowered the repo rate from 8% to 7.75%. Both rate cuts this year were outside[Read More…]
March 2015 Subscription Form Online Subscription First Milestone As we go to press, the Budget papers are still not ready to get into the holy satchel that Finance Minister Arun Jaitely would carry, to present the Budget to Parliament. However, the Minister would have presented the financial document by the time you read this column. Till the last minute, the[Read More…]
February 2015 Subscription Form Online Subscription Diligent Business The Reserve Bank of India (RBI) announced a surprise interest rate cut recently, which was not during the regular cycle for the monetary policy decisions and announcements. This is the first rate cut since May 2013, after about 20 months. Besides, the RBI promised that there are more to follow as it[Read More…]
January 2015 Subscription Form Online Subscription Fundamental Issues The Government last month introduced the Constitutional Amendment Bill for Goods & Services Tax (GST) in the Lok Sabha, with intent to implement it from April 2016. It will replace a number of indirect taxes currently being levied by the Central and State Governments and is intended to remove cascading of taxes[Read More…]
