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India Auto Policy

Intel, Mobileye to work for Karnataka on Automotive Safety project

Automotive Safety Innovation project

Technology giant Intel with its recently acquired Israel-based company Mobileye, a vision and data analysis solution provider for Advanced Driver Assistance Systems (ADAS) and autonomous driving, will work for the Karnataka government as a technology advisor on the ‘Automotive Safety Innovation Project’. Karnataka state in India is known as IT …

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SIAM welcomes early availability of BS VI fuel in Delhi

Petrol Diesel

  Society of Indian Automobile Manufacturers (SIAM), the apex Industry body representing leading Indian vehicle and vehicular engine manufacturers, welcomed the announcement of the Petroleum Ministry for early introduction of BS VI Gasoline and Diesel fuel in the National Capital Territory of Delhi from April 2018, instead of April 2020. …

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ASSOCHAM says Karnataka tops in manufacturing excellence

Karnataka has emerged numero uno amongst the mainstream states across India in manufacturing excellence, said apex industry body ASSOCHAM. The state is also the third top in terms of attracting investments in manufacturing sector thereby leaving frontline states like Gujarat behind. “Karnataka has the best manufacturing process ratio of 2.63 …

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SIAM says Indian auto industry ready to take worldwide challenges

SIAM

Society of Indian Automobile Manufacturers (SIAM), the apex of body of the Indian automotive sector, said it is ready to take on global challenges while reducing dependence on a single technology. The speakers who addressed at 57th Annual Convention titled “Building the Nation, Responsibly” highlighted new challenges evolving globally concerning …

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Tata Motors CEO says regulatory uncertainties caused disruptions in market

India’s leading auto maker Tata Motor said regulatory uncertainties have caused disruptions in the automotive market. Speaking at the SIAM Annual Convention 2017, Guenter Butschek, CEO & MD, Tata Motors during his address in the session focusing on Regulatory Policies: Analysis of Impact said, “While an array of policies and …

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Indian luxury cars, SUVs to cost more on 25% cess jolt

Luxury cars and Sports Utility Vehicles (SUVs) will be costlier in India as the central government has cleared an ordinance to hike the maximum cess on vehicles from 15 percent to 25 percent. In fact the price of both luxury cars and SUVs became cheaper under the new Goods and …

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Passenger Vehicle sales grew by 7.29% in April-July 2017

SIAM

Indian automobile industry produced a total of 9,315,809 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-July 2017 as compared to 8,599,803 units in April- July 2016, recording a growth of 8.33 percent over the same period a year ago.  According to Society of Indian …

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SIAM welcomes GST rates on Indian automobiles

SIAM

The Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, has welcomed the new GST rates on automobiles. “The rates are as per the expectations of the industry and almost all segments of the industry have benefited by way of a reduced overall tax burden …

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