Tata Motors, India's largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.
Automobile dealers' body FADA has urged the government to formulate a task force to monitor the compensation structure being worked out by Ford India for its dealer partners across the country. In a letter to Heavy Industries Minister Mahendra Nath Pandey, FADA president Vinkesh Gulati also requested the government to instruct Ford India to keep the industry body in the loop regarding the compensation structure for the dealerships. "We humbly request your Ministry's intervention... Create a task force which takes day-to-day updates from Ford India to monitor the compensation plan for automobile dealers and dealership employees," Gulati said in the letter.
It was Bharatiya Janata Party's turn to face revolt from a section of the party leaders on Friday who failed to get nominations in the first list of 84 party candidates announced Thursday night.
Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.
Even as Tauktae's intensity weakened, it left behind a trail of destruction with as many as 13 people losing their lives in different parts of Gujarat, including Bhavnagar, Rajkot, Patan, Amreli and Valsad, officials said.
Sanand produced only 515 Nanos in January, and sold even less, just around 391 units.
Tata Motors will distribute all Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution
For Make in India's success, Modi govt msut remove policy paralysis.
Domestic and foreign companies pour in a slew of investments in Gujarat.
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.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
Figo Aspire will be the company's first ever sub-4 meter sedan.
Three expert members -- Rajendra Singh, Ravi Chopra and Rashid Siddiqui -- have resigned from the National Ganga River Basin Authority.
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
The author tries to separate the hyperbole from reality in the Gujarat model.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
Tata Nano will have to improve sales in order to get Gujarat government's support.
It's going to be an 800cc twin cylinder diesel engine with a rated power of 40.2 bhp.
The company did not clarify if the software error affects only domestic sales or exports from the plant as well
Thirteen years after their small car project was forced out of West Bengal following the anti-land acquisition movement in Singur, Industry and IT Minister Partha Chatterjee has said talks are on with the Tatas for big-ticket investments in the state. Underscoring job creation as the TMC government's top priority, Chatterjee also said incentives to companies will depend on ability to generate employment. He said the Mamata Banerjee dispensation wants two large manufacturing units to be set up by any prominent industrial house at the earliest. "We never had any enmity with the Tatas, neither we fought against them. "They are one of the most respected and biggest business houses of this country and also abroad. "You can't blame the Tatas (for the Singur fiasco).
He will address meetings at Sanand in Ahmedabad in central Gujarat and at Jamnagar and Amreli in Saurashtra regions.
Agarwal was admitted to hospital on Wednesday after he even gave up drinking water.
Rahul Gandhi attended thee public speeches in Jamnagar, Amreli and Sanand on Tuesday, but his careful attitude made them bland, says Sheela Bhatt.
India can become one of the world's automotive export hubs of the 21st century.
One of the Nano vendors lays off 75 workers, others on wait-and-watch mode.
Bosch Rexroth (India) Ltd, part of German automation firm Bosch Group, is expecting completion of its drives and control systems production facility in Sanand, Gujarat, by November or December this year, according to V K Viswanathan, managing director of Bosch Ltd.
While the carmaker still has another 300-odd acres to set up the proposed plant, state government officials said the government might sell the remaining land, too, if the demand came up in future.
Nestle India, the subsidiary of Swiss dairy major Nestle, is all geared to set up its ninth plant in the country. The company had acquired about 50 acres of land at Sanand, nearly 30 kilometres from Ahmedabad, for a manufacturing plant, said Gujarat government officials.
Except for laws pertaining to the payment of minimum wages, following safety norms and adequate compensation for workers in case of industrial accidents, no other provisions of the labour law would apply to all new companies that wish to operate in the state for at least 1,200 days, and for those that have already been operational for that period.
Twenty-four people, including eight children, were killed on Thursday while 15 others injured when their truck overturned on the Sanand-Viramgam Highway in the district.
When set up in 1993 by the Ranka family's Modern Group, this was the first terry towel manufacturing unit in the whole of Asia, to be followed by Welspun and Trident.
'Industry realises we cannot overly depend on imports from anywhere including China.'
The agreement was signed by Gujarat principal secretary Maheswar Sahu and PSA Peugeot vice-president (emerging market and India) Fredic Fabre in the presence of Gujarat Chief Minister Narendra Modi in Ahmedabad.
Farmers from three talukas of Ahmedabad district on Monday alleged that 'massive corruption' in the construction of the Narmada Irrigation System, built by the government, has lead to faulty construction of minor and sub-minor canals.
If all goes well, Ford India will park its second manufacturing unit right next to Tata Motors' Nano factory at Sanand.
Here's a recap of moments captured in India in the past 48 hours.
Gujarat Chief Minister Narendra Modi dreams of making Gujarat an automobile hub.
The model will be assembled at its 4,000-acre facility coming up at Sanand in Gujarat.
The United States carmaker Ford on Thursday said it will invest Rs 4,000 crore (Rs 40 billion) to set up its second manufacturing facility in India with an initial installed capacity of 2.4 lakh (240,000) units annually.
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