Post Tagged with: "SIAM"

CVs sees double-digit growth; Marginal growth in PVs and two-wheelers

CVs sees double-digit growth; Marginal growth in PVs and two-wheelers

The industry produced a total 21,820,072 vehicles including passenger vehicles, commercial vehicles, three-wheelers and two-wheelers in April-February 2016 as against 21,460,837 in April-February 2015, registering a marginal growth of 1.67% over the same period last year. In April-February 2016, overall automobile exports grew by 1.56%. Passenger Vehicles, Commercial Vehicles, three-wheelers and two-wheelers registered a growth of 3.14%, 17.66%, 3.01% and[Read More…]

by March 10, 2016 Newscast, OEM

SIAM 54 – a platform for big-ticket announcements

The positive sentiments generated during ACMA’s annual conference held a day before, reverberated strongly at the 54th SIAM yearly convention as well, with ministers and the government officials making ambitious promises and industry watchers forecasting a bright future. Nitin Gadkari, Union Minister for Road Transport & Highways, used this platform to announce major plans for the roads and highways sector,[Read More…]

by October 29, 2014 Newscast, Special Report
Focus, Specialise

Focus, Specialise

The auto industry is upbeat about the road ahead, thanks to the emerging positive sentiments, pull from festive seasons and, last but not least, increasing proactive support from the government. There is a clear sense of involvement and commitment from the government and this is evident in more ways than one. At the Annual Convention of Automotive Components Manufacturers Association[Read More…]

by October 29, 2014 Viewpoint
Auto Industry welcomes Union Budget 2014-15

Auto Industry welcomes Union Budget 2014-15

The much awaited Union Budget of the newly-elected government was tabled in the Parliament this morning. Though there was big bang announcement the Budget has attempted to address several issues including some raised by the auto industry. The major announcement is the increasing the FDI limit in insurance and defence from 26% to 49%. As the government has already announced[Read More…]