Suzukis third plant to come up in Manesar, Haryana is likely to commence operations in 2013 with a capacity to manufacture 2,50,000 cars per annum In yet another example of automobile manufacturers going on an expansion drive, Suzuki Motor Corporation is planning to set up its third car manufacturing plant in the country mainly for rolling out small cars. The unit is likely to commence its operati....
German tyre maker Continental AG is planning to venture into the domestic passenger car tyre market, with the country being seen as a major market for growth in this segment High demand for vehicles in the country is not only benefiting auto makers, but the same is also providing a fillip to the allied auto industriestyre industry being one of them. After, French tyre giant Michelin had expressed ....
Players in the power equipment manufacturing industry are divided on the issue of imposing higher import duty on power equipment to prevent the influx of Chinese equipment and protect the domestic players It seems that the governments stand to levy 14% customs duty on the import of power equipment to safeguard the domestic industry against the influx of Chinese equipment has not satisfied domest....
With the launch of Santa Fe just ahead of the festive season, Hyundai Motor India will again try its luck in the Indian SUV market, which has witnessed demand stir of late The Indian sports utility vehicle (SUV) market,which has undergone a tremendous metamorphosis in the last few years with launch of several premium vehicles such as Tata Sumo, Tata Safari, Mahindra Scorpio and Maruti Suzuki Grand....
Harley-Davidson is planning to start its fifth dealership in Bengaluru in September and depending on the response will introduce more models in India
The Indian superbike market is set to witness intense competition in the coming months with superbike giant Harley-Davidson planning to foray into more Indian cities and expand its existing product profile. Industry insiders believe that the initia....
In order to meet the surging consumer demand for vehicles in the domestic market, auto majors are reducing exports Consumers concerned about long waiting periods while purchasing their favourite vehicles can now heave a sigh of relief. Top auto makers in the country such as Maruti Suzuki and Hyundai Motor India Ltd, among others have decided to curtail exports, to meet increasing demand for vehicl....
Saturation of global markets is luring Chinese and Japanese truck makers to foray into the Indian commercial vehicle segment The Indian commercial vehicle segment, particularly the truck market is set to witness an intense competition in the coming months with the entry of Chinese and Japanese companies such as Foton, Hino Motors, Isuzu etc in the Indian auto market. In this context, Sugato Sen, s....
TVS Electronics has become the first company to launch a keyboard, which carries the Indian rupee symbol TVS Electronics (TVS-E), one of the oldest and most trusted business groups in India engaged in IT hardware manufacturing, has launched a new keyboard named TVS Gold Bharat, whose unique feature is the new Indian rupee symbol on the ~ key.Speaking during the launch of the keyboard, S S Raman, m....
A survey conducted by the Confederation of Indian Industry reveals that the countrys manufacturing sector is likely to maintain the growth trajectory in the second and third quarters of 2010-11 The countrys manufacturing sector that has been going great guns is expected to remain robust and maintain the growth trajectory in the second and third quarters of 2010-11 (July-September and October-Decem....
Imposing 14% import duty to procure power equipment from foreign countries may adversely affect private players and have cascading impact on tariff rates, while the same will work in favour of domestic manufacturers The Association of Power Producers (APP), a 12-member body comprising major private sector power players have filed a petitioned to Prime Minister Dr Manmohan Singh against the propose....
The National Automotive Authority to be set up by the Indian government will encourage RD activity in the auto sector, thereby making it more competitive
RD activity in the countrys auto sector is expected to witness dynamic changes with the Government of India (GoI) planning to set up the National Automotive Authority (NAA) under the Department of Heavy Industry. Speaking on the sidelines of th....
With capacity expansion being undertaken by manufacturing firms, coupled with setting up of manufacturing plants in India by foreign firms, the domestic manufacturing sector is throwing up huge employment opportunities Youngsters willing to make a career in Indias manufacturing sector now have a reason to rejoice. The sector that contributes significantly to the countrys GDP will create nearly 30 ....
The Global Business Outlook Survey released by KPMG International suggests surge in revenues and profits for domestic manufacturers in the next 12 months According to a report titled Global Business Outlook Survey brought out by KPMG International, the manufacturing fraternity in the country holds an optimistic business outlook for this year, with an increase in output and new orders. The report s....
Suzuki to set up third manufacturing plant in India
Posted On Wednesday, September 08, 2010
Suzukis third plant to come up in Manesar, Haryana is likely to commence operations in 2013 with a capacity to manufacture 2,50,000 cars per annum In yet another example of automobile manufacturers going on an expansion drive, Suzuki Motor Corporation is planning to set up its third car manufacturing plant in the country mainly for rolling out small cars. The unit is likely to commence its operati....
More
German tyre giant to foray into Indian market
Posted On Friday, September 03, 2010
German tyre maker Continental AG is planning to venture into the domestic passenger car tyre market, with the country being seen as a major market for growth in this segment High demand for vehicles in the country is not only benefiting auto makers, but the same is also providing a fillip to the allied auto industriestyre industry being one of them. After, French tyre giant Michelin had expressed ....
More
High import duty on power equipment: A debatable issue
Posted On Friday, September 03, 2010
Players in the power equipment manufacturing industry are divided on the issue of imposing higher import duty on power equipment to prevent the influx of Chinese equipment and protect the domestic players It seems that the governments stand to levy 14% customs duty on the import of power equipment to safeguard the domestic industry against the influx of Chinese equipment has not satisfied domest....
More
Santa Fe to soon hit the Indian SUV market
Posted On Thursday, September 02, 2010
With the launch of Santa Fe just ahead of the festive season, Hyundai Motor India will again try its luck in the Indian SUV market, which has witnessed demand stir of late The Indian sports utility vehicle (SUV) market,which has undergone a tremendous metamorphosis in the last few years with launch of several premium vehicles such as Tata Sumo, Tata Safari, Mahindra Scorpio and Maruti Suzuki Grand....
More
Competition to intensify in the Indian superbike market
Posted On Monday, August 30, 2010
Harley-Davidson is planning to start its fifth dealership in Bengaluru in September and depending on the response will introduce more models in India The Indian superbike market is set to witness intense competition in the coming months with superbike giant Harley-Davidson planning to foray into more Indian cities and expand its existing product profile. Industry insiders believe that the initia....
More
Auto exports curtailed to quench domestic consumers’ thirst
Posted On Thursday, August 26, 2010
In order to meet the surging consumer demand for vehicles in the domestic market, auto majors are reducing exports Consumers concerned about long waiting periods while purchasing their favourite vehicles can now heave a sigh of relief. Top auto makers in the country such as Maruti Suzuki and Hyundai Motor India Ltd, among others have decided to curtail exports, to meet increasing demand for vehicl....
More
Competition to intensify in the Indian truck market
Posted On Tuesday, August 24, 2010
Saturation of global markets is luring Chinese and Japanese truck makers to foray into the Indian commercial vehicle segment The Indian commercial vehicle segment, particularly the truck market is set to witness an intense competition in the coming months with the entry of Chinese and Japanese companies such as Foton, Hino Motors, Isuzu etc in the Indian auto market. In this context, Sugato Sen, s....
More
TVS Gold Bharat has new Indian rupee symbol
Posted On Thursday, August 19, 2010
TVS Electronics has become the first company to launch a keyboard, which carries the Indian rupee symbol TVS Electronics (TVS-E), one of the oldest and most trusted business groups in India engaged in IT hardware manufacturing, has launched a new keyboard named TVS Gold Bharat, whose unique feature is the new Indian rupee symbol on the ~ key.Speaking during the launch of the keyboard, S S Raman, m....
More
Manufacturing sector on a growth trajectory, states CII
Posted On Wednesday, August 18, 2010
A survey conducted by the Confederation of Indian Industry reveals that the countrys manufacturing sector is likely to maintain the growth trajectory in the second and third quarters of 2010-11 The countrys manufacturing sector that has been going great guns is expected to remain robust and maintain the growth trajectory in the second and third quarters of 2010-11 (July-September and October-Decem....
More
Proposed import duty on foreign power equipment to have dual impact
Posted On Wednesday, August 18, 2010
Imposing 14% import duty to procure power equipment from foreign countries may adversely affect private players and have cascading impact on tariff rates, while the same will work in favour of domestic manufacturers The Association of Power Producers (APP), a 12-member body comprising major private sector power players have filed a petitioned to Prime Minister Dr Manmohan Singh against the propose....
More
Govt to set up National Automotive Authority
Posted On Monday, August 16, 2010
The National Automotive Authority to be set up by the Indian government will encourage RD activity in the auto sector, thereby making it more competitive RD activity in the countrys auto sector is expected to witness dynamic changes with the Government of India (GoI) planning to set up the National Automotive Authority (NAA) under the Department of Heavy Industry. Speaking on the sidelines of th....
More
Jobs galore in the Indian manufacturing sector
Posted On Tuesday, August 10, 2010
With capacity expansion being undertaken by manufacturing firms, coupled with setting up of manufacturing plants in India by foreign firms, the domestic manufacturing sector is throwing up huge employment opportunities Youngsters willing to make a career in Indias manufacturing sector now have a reason to rejoice. The sector that contributes significantly to the countrys GDP will create nearly 30 ....
More
Domestic manufacturing sector upbeat, states KPMG report
Posted On Monday, August 09, 2010
The Global Business Outlook Survey released by KPMG International suggests surge in revenues and profits for domestic manufacturers in the next 12 months According to a report titled Global Business Outlook Survey brought out by KPMG International, the manufacturing fraternity in the country holds an optimistic business outlook for this year, with an increase in output and new orders. The report s....
More