Tag: Auto industry
5 Results
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Auto industry woes continue as Coronavirus likely to impact component supplies from China
He further said it was too early to assess how much of components come from China would see disruption.
February 10, 2020 -
No relief to automobile sector, passenger vehicle sale falls by 24%, commercial by 62%
The SIAM data shows that the production of the commercial vehicles was down by 72.07 per cent in September against the same month in the last year.
October 11, 2019 -
No plans to ban petrol, diesel vehicles, says Gadkari, assures crisis-hit auto industry of all possible help
The minister further said that just like the way GST on electric vehicles has been reduced to 5 per cent from 12 per cent, he would propose to the finance ministry to extend the same benefit to hybrids vehicles.
September 5, 2019 -
Auto industry must innovate on alternative fuels: Nitin Gadkari
Union Transport Minister Nitin Gadkari on Thursday exhorted the automobile industry to develop technology to run vehicles on alternatives to petrol and diesel like electricity and biofuel. He also asked them to come forward and invest in the country’s public transport system. “There is economic viability in new technology. Let us plan for the next...
September 7, 2017 -
Budget 2017 – little to affect auto industry
The highly anticipated 2017 Budget announcement has included little to affect either carmakers or car buyers. The reason? Since the goods and services tax (GST) will be implemented soon (expected from the beginning of fiscal year 2017-18), the government has opted against the implementation of an interim policy since its impact would be temporary. However,...
February 1, 2017