American automaker Ford on Thursday said that it had withdrawn plans to manufacture electric vehicles (EVs) in India and it won't invest in the country under the performance-linked incentive (PLI) scheme. "After careful review, we have decided to no longer pursue EV manufacturing for exports from any of the Indian plants. "We remain grateful to the government for approving our proposal under the PLI and for being supportive while we continued our exploration. "Ford India's previously announced business restructuring continues as planned, including exploring other alternatives for our manufacturing facilities.
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US Secretary of State John Kerry on Monday visited auto major Ford India's upcoming manufacturing plant in Gujarat.
The Gujarat government admitted in the Assembly that it had paid Rs 456.79 cr.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
In 2013-14, Tata Motors produced 21,358 Nano models against the plant capacity of 250,000 vehicles.
'It is creditable that the BJP builds the organisation set-up and then looks for leaders.' 'The Congress on the other hand has to care for the leaders more than the organisation.'
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.
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.
Railway employees including station masters, engine drivers, ticket checkers, etc too have been selected for vaccination and their list is being compiled for the exercise.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
Sanand produced only 515 Nanos in January, and sold even less, just around 391 units.
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.
Tata Motors will distribute all Nano cars from Pantnagar through its new subsidiary, Tata Motors Distribution
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.
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.
For Make in India's success, Modi govt msut remove policy paralysis.
Domestic and foreign companies pour in a slew of investments in Gujarat.
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.
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.
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.
The author tries to separate the hyperbole from reality in the Gujarat model.
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
Tata Nano will have to improve sales in order to get Gujarat government's support.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
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
He will address meetings at Sanand in Ahmedabad in central Gujarat and at Jamnagar and Amreli in Saurashtra regions.
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.
Agarwal was admitted to hospital on Wednesday after he even gave up drinking water.
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.
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.
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.
