Maruti is gearing up to enter the space in 2025. The company is developing its first EV model at its Gujarat plant, with plans to launch six EV models by 2031 that would comprise 15-20% of total sales
The wait for an electric motorcycle from Royal Enfield may be about to come to a close soon, but the company is considering venturing out of its traditional segment. The iconic motorcycle maker is working on an all-new electric vehicle platform and could look beyond its traditional mid-sized segment when it launches its first electric […]
Homegrown electronics manufacturing services company Dixon Technologies is betting big on domestic IT hardware production under the government’s production-linked incentive (PLI) scheme. With approvals in place, Dixon is poised to manufacture laptops, tablets, all-in-one PCs and servers in India. Dixon started operations in 1993, commencing with the assembly of colour televisions. Over the years, the […]
The car dealership chain said it also expects sales Mercedes Benz to accelerate, and that it has started operations for MG Motor in Madhya Pradesh
India imposed import tariffs on PCs, laptops and servers recently to spur local manufacturing and lower security threats from China, but getting the policy to work is easier said than done
Maruti Suzuki Ltd, India’s largest auto maker, reported robust numbers for August, as it consolidated its recently acquired status as India’s top SUV maker. The company’s total vehicle sales for August rose 14.5% on the year to 1.89 lakh vehicles, led by strong sales of SUVs. The automaker, which recently launched the much-awaited 4-wheel drive […]
GTPL Hathway, the country’s single largest cable feed provider, said it has tied up with France-based Verimatrix to deploy its video content authority system — a software solution that helps GTPL stream video content to its Android TVs securely. The moves comes as GTPL Hathway ramps up its Android TV box-based service. The company started […]
Tata Motors, India’s second biggest automaker, is on track to set another monthly record in terms of passenger auto sales in February, even as market leader Maruti Suzuki will continue to see a year-on-year decline, according to Emkay Research. The third major listed automaker, Mahindra & Mahindra is also scheduled to report a strong February […]
Bajaj Chetak, the first electric two-wheeler from Bajaj Auto, has been launched in Delhi, Mumbai and Goa, the company said. With this, the scooter — priced at around Rs 1.4 lakh — is now available in 20 cities. Chetak EV was launched in 8 cities during 2021, including Pune. The network has now been extended […]
Maruti Suzuki reported better numbers as part of its January Auto Sales performance compared to recent months, with India sales declining only 7% compared to the same month of last year. This is comparatively better than its performance in recent months. In November, for example, its domestic passenger vehicle sales fell by a whopping 19% […]
The government of India today said it will introduce a digital rupee — a central bank digital currency — in the year starting April 2022. The move was announced by finance minister Nirmala Sitharaman. With this, India has become one of the few countries in the world to announce a date for the introduction of […]
Kia India, the Korean carmaker and one of the fastest-growing, has started producing its three-row recreational vehicle Kia Carens in India, and said the car got 7,738 bookings in the first 24 hours. The car is being produced at Kia’s manufacturing facility in Anantapur, Andhra Pradesh. “The Kia Carens is the latest ‘Made-in-India’ offering from […]
Sales trends of December 2021 show the rise of a new bunch of compact and entry-level utility vehicles such as the Nissan Magnite, MG Astor, Tata Punch, Skoda Kushaq and Volkswagen Taigun, at the cost of older models like Hyundai Creta, Kia Seltos, Kia Sonet, MG Hector, Tata Punch and Hyundai Venue. Two exceptions to […]
India’s Times Group, or BCCL, has made a partial return to the streaming TV platform run by India’s largest telecom operator, Jio TV, by restarting the transmission of its news channels via the app. It was in August 2020 that BCCL had pulled all its channels, including its English-language movie channels, from the Jio TV […]
Bharti Airtel has abandoned its plan to reorganize its corporate structure by focusing on the digital business — such as its Wynk app, Airtel Cloud, Airtel Xstream and so on — by moving all telecom infrastructure into a different subsidiary known as Airtel Ltd. The move was announced eight months ago, and was widely seen […]
Auto sales in the final three months of 2021 will be remembered for the solid out-performance of Tata Motors during the period, boosted by one key model — the affordable, mini SUV Punch. The strong numbers racked up by the entry-level UV have helped Tata Motors overtake Mahindra & Mahindra in the compact utility vehicle […]
Bajaj Auto emerged as the best performer in December two-wheeler sales in the domestic market by posting relatively flat numbers while others such as TVS Motor Co and Hero MotoCorp saw sharp declines in their India sales. Bajaj Auto escaped the sharp declines by reporting sales of 1.28 lakh units in India in the final […]
Hero MotoCorp, the world’s No.1 motorized two-wheeler maker, and rival TVS Motor Co both reported declines in their December auto sales. While Hero MotoCorp’s December sales fell by 12% in the domestic market, TVS Motor Co reported a fall of 17% in its domestic market sales during the month. TVS MOTOR CO TVS Motor Co’s […]
PVR, India’s largest cinema exhibitor, said it has increased its ticket prices in Telangana, a week after the state government increased cinema ticket price bands. Unlike other states, Telangana government controls the price of cinema tickets, given the high importance attached to movies by people in the state. The Telugu film industry is the second […]
Hero MotoCorp, already suffering from one of the worst demand slow-downs in recent times, said it is being forced to take a fourth round of price increase this year to offset the sharp increase in raw material prices. The latest round of price increases will come into effect on Jan 4, and will be ‘up […]
