The plan also includes a consumer research website and a substantial investment in electric-vehicle startup Rivian
Automotive
Posted inSectors
Demand for logistics & warehousing space outstrips supply; to clock approx. 38mn sq-ft by end 2019
Structural reforms and implementation of GST have bolstered demand
Posted inProducts & suppliers
Schaeffler India presents hi-performance multipurpose premium grease for Indian market
FE8 & FE9 test certified for extremely demanding industrial & automotive applications
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SETCO takes the lead, gets BS-VI approvals from leading truck manufacturers
The BS-VI emission norm would come into effect from 1st April 2020 across the country
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50% local sourcing likely for companies to book EV ride under FAME-II
The government has earmarked Rs 10,000 crore under FAME-II to roll out one million electric buses
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SIAM forecasts single digit growth for India auto sales in FY20
Passenger vehicle sales are projected to grow between 3% and 5%
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Clutch-maker Setco plans Rs 300 cr investment to up capacity
The Mumbai-based auto components-maker expects to grow at about 20% in FY20
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Tata Motors partners with Valvoline Cummins for PV lubricants
These lubricants will be branded as Tata Motors Genuine Oil
Posted inSectors
Lear invests in Israel-based Maniv Mobility Venture Capital Fund
Maniv is recognised as one of the premier investment funds focusing on the key trends in the automotive market