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India UK FTA: India s Commerce Secretary, Sunil Barthwal, has said that countries negotiating free trade agreements (FTAs) with India are looking to gain a greater share in the country s rapidly growing automobile sector. The industry has strengthened in various areas, including auto-grade steel, components, and tires, and is now shifting from conventional internal combustion engines to electric vehicle (EV) battery-based systems. ....
India s Commerce Secretary, Sunil Barthwal, has said that countries negotiating free trade agreements (FTAs) with India are looking to gain a greater share in the country s rapidly growing automobile sector. The industry has strengthened in various areas, including auto-grade steel, components, and tires, and is now shifting from conventional internal combustion engines to electric vehicle (EV) battery-based systems. ....
With passenger vehicle industry set to touch 60-70 lakh units per annum, there is a need to review and re-align businesses to the much higher scale of operations, with an enhanced focus on sustainability, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Wednesday. ....
Prime Minister Narendra Modi today launched the National Automobile Scrappage Policy and said the initiative will promote a circular economy and make the process of economic development more sustainable and environment-friendly. ....
During the first Covid-19 wave (2020), the Central government had enforced a pan-India lockdown. Back then, automobile industries were shut down for months together, following which they resumed as curbs were gradually relaxed. This meant that work happened in a staggered fashion and less employees worked at the factories. ....