In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
It can give a peek into your personality.
Summary of sports events and persons who made news on Friday
Fuel efficiency was the platform that had been built by the market leader in the segment, fun was the Discover domain. By diluting the message, the brand lost its old customers and pushed potential buyers into the leader's fold.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
It is the global leader in car sales but in India, is a distant fifth.
This is the first decline since June this year when car sales declined by 11%.
FIFA says it 'strongly rebukes' Argentina great Diego Maradona's comments that England's win over Colombia was a robbery
Known for its fuel efficient vehicles, car market leader Maruti Suzuki India is pushing it further to enhance mileage of its refreshed models.
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
India is adopting a 'wait and watch' approach after the installation of the new government in Pakistan, the minister of state for external affairs told reporters in New Delhi.
Red Bull, drivers' and constructors' champions for four years in a row from 2010, have fallen out with underperforming Renault and are casting around for a replacement engine provider with Ferrari their only real option given Honda's woes.
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
French carmaker Renault is developing an even smaller sport utility vehicle Captur after the successful launch of the Duster in 2012.
Declining motorcycle sales remained a cause of worry.
Experts suggest that it's best to go for the bundled product that has only one-year own damage cover.
Advertising industry watchdog ASCI upheld complaints against 82 campaigns in June for misleading ads, including those of Flipkart, Uber, Snapdeal, Vodafone.
Car sales in India surged by 12.87 per cent in December.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
The passenger car segment, in comparison, remained sluggish and grew a modest 1.9 per cent to 162,566 units in April
Maruti Suzuki, Tata Motors and Hyundai stand to gain the maximum, given their large portfolio of products in the sub-4 meter segment.
Vehicle sales across categories registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013.
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Bajaj Auto's margins are expected to expand 100 basis points, as volumes have recovered.
Modi is courting Japanese investment in an ambitious industrial "corridor" to run between Delhi and Mumbai.
In first 9 months of FY18, scooter sales grew by 18.5%, the number may jump further as more women join workforce
The industry players couldn't hide their disappointment.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Sabarmati railway station is the venue for the ground-breaking ceremony, be chaired by Modi and Abe, of the Rs 98,000-crore Ahmedabad-Mumbai high-speed rail project.
The new Scorpio came after a gap of 24 months since its last launch, during which the competition launched a slew of products.
Android M would be built directly into cars allowing drivers to enjoy all the benefits of the internet without even plugging in their smartphones.
This is the seventh straight month of growth
Arun Mohan Nadar was impressed with this indigenously developed bike
A summary of sports events and persons who made news on Tuesday
A record number of 85 products will be launched.
Ciaz, the mid-sized sedan, was launched in October 2014.
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