IBEF: India Brand Equity Foundation
India Brand Equity Foundation DCXXIV April 18, 2017
In this issue
- What's NewIBEF
- Poll
- Conversations on Brand India
- Did You Know?
- Economy & Policy Snapshots
- They Said It
- Exclusive
- Focus: Industry
- Media: Interview
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India was ranked as the second fastest growth market for passenger vehicles among top five global nations with a growth of 7 per cent during the year 2016. Passenger vehicle sales stood at 2.9 million units during the year 2016, as compared to 2.77 million units in 2015, according to the data released by the Organisation Internationale des Constructeurs d’Automobiles (OICA). India maintained its position as the fifth largest market for passenger vehicles in the world in 2016.

In another important development from the automobile sector, the Lok Sabha has recently approved the Motor Vehicle (Amendment) Bill, 2016. The bill is an amendment to the Motor Vehicle Act 1988 and includes important changes like 100 per cent e-governance and capping of maximum liability for third party insurance at Rs 10 lakh (US$ 15,493) in case of death in a motor accident. 

Warm regards

Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)
What's new@IBEF
APLF, Hong Kong
IBEF executed the branding plan for India's participation at APLF Hong Kong. The event was held from March 29-31, 2017 in Hong Kong. Do visit the page for an overview about the IBEF activities at the India Leather Show.
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Poll Will renewable energy sources overtake traditional energy sources in India's total installed power generation capacity by 2025?

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Past polls
Conversations on Brand India
"Indian exports registered a significant growth of 27.59 per cent in March 2017 at US$ 29.23 billion..."

Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)

Indian exports: On a strong footing

Did You Know?
India's onion exports tripled to a record 3 million tonnes (MT) in 2016-17 compared to 2015-16: APEDA
Economy & Policy Snapshots
India solar transactions top global fund raise of US$ 3.2 billion so far in 2017: report
Mumbai: Renewable energy companies in India raised almost half of the global solar sector funding at US$ 1.62 billion during January-March 2017, as per Mercom Capital Group Llc.
  At 7% in 2016, India second fastest growing passenger vehicles market globally
New Delhi: India recorded the second fastest annual growth rate of 7 per cent in passenger vehicles (PV) globally to 29,66,637 units in 2016, as per data from Organisation Internationale des Constructeurs d’Automobiles (OICA).
Lok Sabha passes Motor Vehicle Act to bring reforms in transport sector
New Delhi: The Lok Sabha has approved the Motor Vehicle (Amendment) Bill, 2016, which aims to bring radical reforms in transport sector by increasing the fines for traffic violations as well as raising the compensation limits for victims of road accidents.
  India nears second spot as world steel producer on record output
Mumbai: India is expected to surpass Japan to become the second largest producer of steel in the world by the year 2019, supported by rising local demand and the heavy growth in steel exports, as per the Government of Australia.
India climbs to fourth spot in 2016 global air traffic rankings
New Delhi: The number of departures from India increased 20 per cent year-on-year to touch 131 million in 2016, thereby climbing to fourth rank in the 2016 global air traffic rankings, according to the data by the International Air Transport Association (IATA).
  Horticulture exports jump in Apr-Feb
New Delhi: Fresh fruits and vegetables export volume have increased 21 per cent and 60 per cent year-on-year respectively during April 2016-February 2017, according to APEDA.
They Said It
"I think India is a huge and important country and there is a strong appetite here for Indian content."
Roy Price
Vice President
Amazon Studios
Exclusive   Focus: Industry
Innovation: Vortex
With unwavering focus on low operating cost and high efficiency, Vortex Engineering has developed a reliable and secure range of ATMs that have changed the face of banking in India. Read more about this innovation in this exclusive article from IBEF's India Now Business & Economy magazine.
The Indian automobile industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's Gross Domestic Product (GDP). The two wheelers segment with 81 per cent market share is the leader of the Indian automobile market owing to a growing middle class and a young population.
Media: Interview
Media: Interview   "MDI should be known as an institute of innovation and hub for intellectual property"
Prof. M P Jaiswal, Dean (Research & Accreditations), MDI Gurgaon shares perspective on the research work being done at MDI and the vision for the research arm in an exclusive interaction with IBEF

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