Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Dhruv Shringi, co-founder and chief executive officer (CEO) at Yatra, tells Ajay Modi that Indian online travel market is definitely moving into a duopoly situation.
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
Increased price control over branded generic medicines has affected its profitability
Brands in India are finding newer, more innovative ways to engage with a wider audience during festivals. But they still have a long way to go before they match global campaigns.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
Maruti Suzuki is set to steer its fourth brand into 2 million club. The numbers convey a sense of the contribution that WagonR makes to Maruti Suzuki.
Initially it will procure only e-rickshaws and e-autos for leasing to operators
'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
Most say they will review their Make in India plans as prices may top pre-GST level
Facing capacity constraint, firm is yet to take a call on setting up a new manufacturing unit in India.
Roland Folger, managing director and chief executive officer at Mercedes Benz India calls the calendar year (CY) 2016 a year of 'lost opportunities' as NCR diesel ban and demonetisation led to a flat performance.
While Maruti leads with 30% volume growth, Hyundai sold 18,337 vehicles in rural markets during April-June
India saw 4.2 million foreign tourists till May mainly thanks to visitors from Bangladesh
Car makers see a dip in demand from their biggest buyers, Ola and Uber. Demand from aggregators weakened for a number of reasons after a strong growth last year.
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