International automakers have supported the Hyundai Motor's demand for a two-year notice period before any changes are made by the Indian government with regard to excise or custom duties for the auto sector.
Pitting itself directly against Maruti Swift Diesel, Tata Motors plans to launch a 1.3 litre diesel variant of its small car Indica with a common rail direct injection (CRDi) engine developed in-house in the next few months.
In what signals an emerging battle among small car manufacturers, Hyundai Motors India Ltd has asked the country's apex auto association to act against moves by "some pressure groups" to change the definition of a small car.
Hyundai Motors India has flown in over 90 robots from Korea to work on assembly lines in its factory near Chennai. The results are better than expectations
A Nasscom report estimates that the outsourcing industry will face a shortage of 262,000 professionals by 2012.
Small cars corner 77% of Indian roads, top four models grab 60%.
Indian CEOs just want to drive a Mercedes-Benz, despite the bevy of luxury cars that have hit the roads in the recent past.
Although diesel vehicles currently account for 30 per cent of the 1.2 million sold in India, the share is expected to climb to 45 per cent of the projected 2 million market by 2010.
Automaker plans a variant priced between Gypsy and Grand Vitara.
DiamlerChrysler, Volvo, Renault plan to hit roads with their high-capacity trucks soon.
The Ministry of Surface Transport and Highways will set up a road safety fund with an initial corpus of Rs 120 crore (Rs 1.20 billion).
They are all foreign clothing brands who are bullish about the Indian retail market and have been making a beeline towards Indian shores. The reasons for the gold rush are apparent.
Delhi-based tractor maker Sonalika Group and Kolkata-based Global Automobiles have already announced their decision to take on the Tatas
The company's second largest retail presence is in Japan with 23 stores. China currently has only 2 stores, both in Hong Kong.
Having brought its entire Mercedes Benz line to India, DaimlerChrysler is now contemplating bringing its Chrysler range of vehicles as well.
The existing players say that their traditional advantages will propel the two-wheeler industry against any threat from Tata's car.
After Reliance Industries, Tata, Bharti and the AV Birla group, the Hero group is all set to enter the Indian retail sector.
The US retailer hopes to triple its sourcing from India by 2010 and touch the $1 billion mark. The retailer has been running a sourcing operation, Target Sourcing Services/AMC, in India since 1975.
Call it novelty value or the increasing appetite of the Indian customer.
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