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
The company had started test runs for engines at its Pune facility in September after it work was stopped indefinitely at its Singur plant from August 29, leading to the abandoning of the Singur project site on October 3.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
In Uttarakhand, the speculation is rife that Bajaj-Renault is trying to explore the possibility of the small car establishment at various places including the industrial hub of Pantnagar.
Industrialisation in India is increasingly acquiring the characteristics of crony capitalism in which states are perceived to be ganging up with businessmen at the cost of the aam aadmi
At least a dozen officers from Gujarat are handling key assignments in various important central positions
The redi-GO will take on Maruti Suzuki's best-seller Alto, Hyundai's Eon, and Renault's Kwid
The price differential has been upwards of 20%.
American car maker General Motors on Thursday said it has shelved plans to launch small car in India that was planned to take on Tata Motors' 'Nano', citing viability issues.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
Does the French automaker's insignia help the cleverly packed Kwid to be on the premium side compared to Datsun's humble redi-GO? Both the vehicles underpin the same platform which is pulled by a similar 0.8-litre petrol motor and are made by the same alliance. Read on to find out more!
Both the warring sides claim they are keen to see industry come up in Singur -- the abandoned site of the Nano factory near Kolkata. But nine months after the decision to relocate the Nano factory, there has been no forward movement on setting up an industry in Singur.
Railway Minister and Trinamool Congress chief Mamata Banerjee gave Singur, the erstwhile site for Tata Motors' Nano that made her popular, a miss.
According to a senior Tata Motors official, the company is taking aggressive steps to correct its product portfolio, with a more 'cleverly defined and targeted strategy'.
High interest rates and lack of retail finance, coupled with rising input costs, threw plans out of gear for automakers and in November the industry saw the worst ever monthly vehicle sales with a decline of 17.98 per cent.
High interest rates and lack of retail finance, coupled with rising input costs, threw plans out of gear for automakers and in November the industry saw the worst ever monthly vehicle sales with a decline of 17.98 per cent.
The Simulia madrassa, on the outskirts of Bardhaman town in West Bengal, allegedly had links with Gulshana Bibi and Amina Bibi, the women arrested after the October 2 blast in the town. The NIA alleges the madrassa trained poor Muslim women in jihad. The madrassa had an unwritten convention: The women trained there would be married only to men who were on the same 'mission.'
Tata Motors Managing Director Ravi Kant spoke to reporters on the problems in Singur, the production site for the Nano, soon after announcing the company's quarterly results.
Every three minutes, in some corner of the country, two Altos are being sold.
China's First Automobile Works and Ural India might get the Singur land to set up an automobile manufacturing plant.
Gujarat Chief Minister Narendra Modi dreams of making Gujarat an automobile hub.
"The small car will be our new model and it will be rolled out by early 2010," Ford India Executive Director Nigel E Wark told reporters in Kolkata. He said the company is yet to decide on the target segment of the small car, but added that it would not compete with small cars like Nano from Tata Motors' stable.
'We want to make Bengal an automobile hub.'
For Buddhadeb Bhattacharjee, the transition from a 'people's man' to corporate India's preferred chief minister was rapid, albeit with a cataclysmic effect.
The Trinamool Congress chief sounded almost desperate to take land for setting up industry.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
When the world's cheapest car was launched to global fanfare at the 2008 Delhi Auto Expo, a Singaporean journalist asked Ratan Tata whether he had considered the traffic implications once the Nano hit the roads.
The author tries to separate the hyperbole from reality in the Gujarat model.
These risks would be significantly reduced if the cars had to comply with the UN test regulation for frontal and side impact.
Some 100 component makers worked with Tata Motors for over 3 yrs.
NRI businessman Prasoon Mukherjee, chairman, Universal Success Enterprises, said that the West Bengal chief minister, Buddhadeb Bhattacharjee was briefed about the status of the projects in the state. Universal Success is also investing in the projects. The main projects were the housing project under Kolkata West International City, the chemical hub of NKID, the power project of Universal Success and the motorcycle project to be undertaken by Mahabharat Motors.
Chief Minister Mamata Banerjee's emphasis on a rigid land policy has pleased the farming community but not the industry.
Last year it was the transfer of Nano project and this year it is the scrapping of the IT park. Bengal's pre-Puja economic scene turned gloomy once again this time with the West Bengal government deciding to give up the ambitious information technology township plan at Rajarhat in Greater Kolkata.
Irked by constant intimidation of its workforce by agitating party workers, the company had yesterday evacuated the manpower from Singur. "There has been no improvement in the ground situation so far, hence the conditions are still not conducive for resuming work today," a Tata Motors spokesperson said. "We continue to assess the situation closely," he said.
Following the re-entry of French car maker PSA Peugeot Citroen, the erstwhile sleepy town -- already home to Tata Motors' manufacturing plant for small car Nano -- finds itself along the country's prominent auto hubs like Pune in Maharashtra and Sriperumbudur in Tamil Nadu.
Tata Motors owns 1,000 acres in this rapidly industrialising town in the prosperous terai region of the state. About 30 per cent of it is learnt to be vacant.
Industry minister hints at inviting Mistry to the upcoming annual industrial meet.
'There is a certain irony embedded in this asymmetric geographical distribution of FDI because most state leaders have shed their inhibitions about promoting 'business' and have understood its virtues as a more cost-effective way of replacing the mai-baap welfarism that passed for economic policy till the early nineties', says Kanika Datta.
If India cannot industrialise, it will never be prosperous
With prospects of Nano rolling out from Singur becoming bleak with each passing day, Tata Motors Limited, however, has not yet asked the vendors to wind up operations there.
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