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Agriculture And Allied Industries

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Jewellery, tractor makers to gain from revised GST

Mumbai: Indian jewellery and tractor makers to benefit from revised rate of Goods and Services Tax (GST). The rate on jewellery making has been cut to 5 per cent from 18 per cent a...

June 13, 2017

PE investments in auto parts up 607% in the first five months of 2017

Chennai: Private equity (PE) investments in India's automobile components sector grew 607 per cent year-on-year to US$ 90.2 million in January-May 2017.

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June 12, 2017

Natural rubber production surges 23% in 2016-17

Chennai: Indian natural rubber production increased 23 per cent year-on-year to 690,000 tonnes in 2016-17, owing to improved market price and initiatives taken by the Rubber Board ...

April 25, 2017

Indian auto-component aftermarket to touch Rs 75,705 crore by 2019-20

New Delhi: The Indian automotive component aftermarket segment is expected to grow at a CAGR of 10.5 per cent to reach Rs 75,705 crore (US$ 13 billion) by 2019-20, according to a s...

March 24, 2017

Tata Motors, Volkswagen to jointly develop auto parts, vehicle concepts

New Delhi: Tata Motors Ltd and Volkswagen Group signed a memorandum of understanding (MoU), which will be joined by Volkswagen's Skoda Auto AS, for exploring long-term cooperat...

March 14, 2017

GST to provide US$ 39bn auto ancillary industry fuel for growth

Jaipur: The implementation of The Goods and Services Tax (GST) is expected to reduce the effective tax rate for auto ancillary industry from the existing 28-30 per cent to 18 per c...

March 01, 2017

Sundaram Clayton to invest in US plant; expand in India too

Chennai: Sundaram Clayton, part of the TVS group, plans to invest US$ 50 million in US and Rs 400 crore (US$ 59.76 million) in India over the next three years.

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February 13, 2017

Gestamp invests Rs 260 crore in hot stamping plant in Pune to meet future light weighting needs of car makers

Mumbai: Gestamp, the Spain-based auto components manufacturer, has invested around Rs 260 crore (US$ 38.8 million) for setting up its new hot stamping plant in Pune, and plans to e...

February 09, 2017
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