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Automobile Industry in India

Car Sales to Cross 2 Million Units in First Half of 2023

Last Updated: June 29, 2023, 11:44 ISTImage used for Representation. (Photo: IANS)If this pace of growth continues in the second half of 2023. India could hold the position amongst the Top 3 Markets Globally in 2023The passenger car sales figure in India is expected to cross the mark of two million in the first half of 2023. The analysis by ETIG concludes the newly launched models by various automotive brands in the country are the reason behind this historical sales data.This half-year sales data from India is equivalent…

PLI Scheme to Give Big Boost to Manufacturing of Auto Components: Mahendra Nath Pandey

Published By: Paras YadavLast Updated: June 16, 2023, 12:46 ISTImage used for Representation. (Photo: IANS)Heavy Industries Minister Mahendra Nath Pandey said nation is dependent on other countries for components like sunroofs, automatic brakes, etcHeavy Industries Minister Mahendra Nath Pandey on Thursday said the introduction of the PLI (production-linked incentive) scheme will give a big boost to the manufacturing of auto components like sunroofs and automatic brakes.He added that the nation is dependent on other