Trade Analytics

Indian Economy News, Latest News on Indian Economy, Today, Current

Sort by:

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 study by Automotive Component Manufacturers Association of India (ACMA)...

IBEF 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 cooperation in clearly-defined fields and for developing a new range of produc...

Livemint 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 cent, and also remove the necessity to set up units near the Original E...

Times of India 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....

Times of India 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 employ 130 people by the end of 2017....

Economic Times February 09, 2017
 1 2 3 4 5 6 NEXT >