Indian Automotive Sector
- Thread starter Amal
- Start date
The way chinese monopolized electric mobility revolution from raw material , to finished products and IP deserve appreciation .
Their execution is great and they have a long term strategy. Whether it is automotive or electronics they are becoming self sufficient.
Even their internet companies like byte dance tik-tok are giving western companies stiff competition overseas while they have complete shutoff local markets to google or facebook.
first automotive display bonding facility in India
small turbocharged engines are gaining popularity in India
Why small turbocharged engines are gaining popularity in India—Fronx to Citroen C3 to i20
Turbocharged petrol cars are great fun. The rush of power through the middle and top end of the rev-range makes them enthusiast friendly.
theprint.in
Hyundai to announce investment worth ~ $2 billion (15,000 crore+) for making electric vehicles and associate ecosystem in Tamil Nadu.
Maruti Suzuki, the country's biggest carmaker by unit sales locally, plans to produce a record 2.2 million passenger cars, utility vehicles and SUVs in the current fiscal
Auto component maker Sona BLW Precision Forgings on Tuesday said it has inked a technology licensing agreement with the UK-based Equipmake for production of electric vehicle components.
economictimes.indiatimes.com
Sona Comstar inks licensing pact with Equipmake to produce EV components
Sona BLW Precision Forgings has entered into a technology licensing agreement with UK-based Equipmake for electric vehicle (EV) component production. Equipmake plans to license certain patented spoke motor and inverter technology to Sona Comstar to manufacture and sell EV powertrains...
Electric car maker Tesla has proposed setting up a factory in India to build electric cars for domestic sales and exports.
economictimes.indiatimes.com
Indian government made most requests for user data after US in H2 2022: Meta
The Indian government made 63,852 requests to social media giant Meta to provide user data in the second half of 2022 (from July to December), second only to the US which submitted a marginally higher number of requests.
MC Exclusive: India waits to see what Tesla offers; value additions vital for sops: Govt official
With a team of Tesla executives slated to meet the PMO and top officials from ministries on May 17 and 18, a senior government official said that they will evaluate what the electric car major has to offer for the Indian market. Timelines and value additions that they bring will be major criteria in deciding if any concessions will be given to the company.“Tesla executives will be meeting with the PMO. They will also meet with officials of the ministries of finance and heavy industries and the NITI Aayog. We will listen to what they are offering for the Indian market, which is huge. Their plan must have something to benefit the Indian market,” the official told Moneycontrol.
Any concession that the government decides will not be exclusive to Tesla but will be for the entire EV sector, he pointed out. “The concessions may be project wise, what timelines they give, and value-additions they bring will be critical. They may seek concessions for initial machinery and manpower import, but it depends on what they are offering,” he said.
According to him, if Tesla offers to set up a research and development facility or a centre of excellence, then India does not need to think and may agree immediately.
"We have to analyse the implications of what Tesla asks for. If they are offering to set up a battery manufacturing unit, charging stations infrastructure or a manufacturing unit, discussions will continue even after their visit and then we will arrive at a decision,” he said.
Tesla had last year asked for a reduction in import duty on electric cars for access to Indian markets. The Tesla cars priced above $40,000 attract 100 percent import duty, while the cheaper ones 40 percent import duty in India. Tesla has been saying that India has one of the highest import duties on the sector globally. India had earlier refused to lower the duties and had indicated that the government was interested if Tesla gives a plan to set up an automobile manufacturing unit and provide employment.
The discussions with Indian officials are likely to revolve around the possibility of local sourcing of components for Tesla's car models, as the company looks beyond China.
This visit could mark a significant turning point in the relationship between India and Tesla, as the electric vehicle manufacturer is yet to establish a notable presence in the country. By engaging with Indian authorities, Tesla aims to pave the way for potential future operations in one of the world's largest automobile markets.
India has been actively promoting the adoption of electric vehicles to combat air pollution and reduce dependence on fossil fuels. With the Indian government's push towards electric mobility, Tesla's entry into the market could offer an attractive proposition for both parties.
Expanding its supply chain in India would not only allow Tesla to diversify its operations away from China but also align with the government's 'Make in India' initiative, which encourages domestic manufacturing and sourcing.
MC Exclusive: India waiting to see what Tesla offers; value additions vital for sops: Govt official
This visit could mark a turning point in the relationship between India and Tesla, as the EV maker is yet to establish a notable presence in the country.
www.moneycontrol.com
India's Sona Comstar signs technology licensing pact with the UK’s Equipmake to manufacture & sell electric powertrains (100kW to 440kW power range), sub-systems, components for cars, buses and CVs in India, Thailand & select South Asian markets .
OLA got 300 mn $ funding at valuation of 6 billion $
OLA got 300 mn $ funding at valuation of 6 billion $
Daicel Corporation, headquartered in Osaka, Japan, will be setting up an airbag inflator manufacturing plant at CapitaLand’s OneHub Chennai, a next generation industrial township located on Old Mahabalipuram Road, Chennai. It will be Daicel Corporation’s first airbag inflator manufacturing plant in India
economictimes.indiatimes.com
Daicel to set up automobile airbag inflator manufacturing plant at CapitaLand’s OneHub Chennai
Vinamra Srivastava, CEO, Business Parks, CapitaLand India, said: “We welcome Daicel to India and join OneHub Chennais growing community of leading multi-national companies."
Flix, Europe's biggest bus operator and owner of Greyhound, to enter India in early 2024
Flix is Europe's top intercity bus operator. It also owns popular American bus service Greyhound. The company expects to launch its first inter-city green lines in early 2024. It seeks to connect major hubs in India. The company is planning to expand into the interiors at a later stage as part...
Talks about rise of " Hot stamping " method in indian automobile sector . hot stamping is a sheet metal forming process involving preheating metal blanks before they are die-punched in the heavy-duty presses .Though Cold stamping is around 28 percent less expensive than hot stamping , hot stamping can shave off 15-30 percent weight without compromising on the strength. complicated shapes can be made, and the strength or tensile characteristics of the metal can be altered at the molecular level.
www.autocarpro.in
Road infrastructure project audits vital from safety view | Autocar Professional
Minister of Road Transport and Highways of India, Nitin Gadkari bats for process-oriented performance, especially for infrastructure related projects in the country.