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Manufacturing
India’s automobile exports dip 28% in Q1 as monetary crisis hit markets
India's automobile exports dip 28% in Q1 as monetary crisis hit markets
Overall exports stood at 10,32,449 units in the first quarter ended on June 30, 2023 as compared with 14,25,967 units in the same period of last year.
Automobile…
Automobile exports from India dip 28 pc in Q1 as several markets hit by monetary crisis
Automobile exports from India dip 28 pc in Q1 as several markets hit by monetary crisis
Synopsis
Automobile exports from India fell 28% in the April-June quarter of this year, due to currency devaluations and monetary crises in Africa and…
Govt plans to double turnover of automobile industry to Rs 15 lakh crore: Nitin Gadkari
Govt plans to double turnover of automobile industry to Rs 15 lakh crore: Nitin Gadkari
Synopsis
"The turnover of the automobile industry is Rs 7.55 lakh crore, and four and a half crores have got jobs in the sector. This industry gives…
Audi India posts 97% jump in sales in first half of 2023
Audi India posts 97% jump in sales in first half of 2023
The company said its pre-owned car business 'Audi Approved: plus' grew by 53 per cent in the first six months of 2023 and will continue to expand it further in the country.
German…
Automobile sales register double digit growth in May
Automobile sales register double digit growth in May
Synopsis
As many as 334,247 cars, sedans and utility vehicles were dispatched from factories to dealerships in May, an increase of 13.5% from a year earlier and the highest dispatches…
Premium Electric Motorcycle Startup, Raptee Opens Its First Manufacturing Plant in Chennai
Premium Electric Motorcycle Startup, Raptee Opens Its First Manufacturing Plant in Chennai
With a total proposed investment of Rs 85 crore, Raptee factory will generate employment for 470
Production to commence in H2 2023
State…