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Indian auto sector could touch a whopping $300 bn mark by 2026

Sep 15, 2014

Indian auto sector could touch a whopping $300 bn mark by 2026

Revenues of the Indian auto industry can rise 5-fold to hit the $300 billion mark, and volumes can log in over 3-fold increase to around 76 million units by 2026, according to a report.
#BRICs #auto sector #ICRA Management Consulting Services
Honda targets 25 percent of Asia-Pac sales from India

Jul 23, 2014

Honda targets 25 percent of Asia-Pac sales from India

Honda plans to raise the number of dealers in India to 230 by March 2015 from 179 now, said Hironori Kanayama, president and chief executive officer, Honda Cars India Ltd.
#Honda #Asia-Pacific #auto sector #Honda India
Here are the goodies for auto sector from this year's Budget

Feb 17, 2014

Here are the goodies for auto sector from this year's Budget

There is something for everyone; from two wheelers to cars to commercial vehicles. Who will be the key beneficiaries? Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Ashok Leyland for sure. Small cars sales as a segment has not been performing very well compared to the growth in sub 4 meter sedans and compact sports utility vehicles. #Maruti #Mahindra and Mahindra #auto #auto sector #Budget2014
Vote on account: Auto industry still hoping for a surprise from FM

Feb 17, 2014

Vote on account: Auto industry still hoping for a surprise from FM

Expectations are running high that despite limitations, Finance Minister P Chidambaram would make one last ditch attempt to revive the manufacturing sector when he presents the vote on account on Monday. #auto sector #excise duty #Vote on account #Budget2014
'Will meet bankers soon on lowering interest rates': Chidambaram

Oct 03, 2013

'Will meet bankers soon on lowering interest rates': Chidambaram

Finance Minister P Chidambaram will soon meet heads of public sector banks to impress upon them the need to lower interest rates in select sectors, including auto, to boost demand and promote sagging growth #P. Chidambaram #RBI #Interest rates #Raghuram Rajan #public sector banks #PSU banks #auto sector #Arvind Mayaram #Demand #growth rates
M&M's Pawan Goenka promoted as Executive Director

Sep 23, 2013

M&M's Pawan Goenka promoted as Executive Director

Goenka has been responsible for the development of several new products including the Scorpio SUV, Mahindra and Mahindra said. #Anand Mahindra #M&M #Mahindra and Mahindra #Pawan Goenka #auto sector #Scorpio
Cost cutting, new launches: How Maruti attained record profits in Q4

Apr 26, 2013

Cost cutting, new launches: How Maruti attained record profits in Q4

By relentless focus on driving down costs, making further inroads into rural markets and by hedging currencies to lessen the impact of yen movement on its bottomline, Maruti managed to post record profits. #Business #CorporateStrategy #EarningsShow #Maruti Suzuki #auto sector #Q4Results
Will FinMin exempt low-cost SUVs from excise hike?

Mar 21, 2013

Will FinMin exempt low-cost SUVs from excise hike?

If Finance Minister P Chidambaram does go ahead with the exemption, M&M's Bolero, Tata Sumo & GM's Tavera stand to gain. #Chidambaram #SUV #auto sector #excise duty #CNBC-TV18Exclusive
After Budget 2013 blow, auto sector faces more challenges

Mar 03, 2013

After Budget 2013 blow, auto sector faces more challenges

Domestic annual car sales are set to be in the negative territory for the first time in a decade with industry body SIAM saying its growth forecast of 0-1 percent for this fiscal #HowThisWorks #SIAM #auto sector #Naukri.com
Budget wishlist: Auto cos want lower excise on large cars

Feb 07, 2013

Budget wishlist: Auto cos want lower excise on large cars

Now that the Government has reduced poor man's subsidies such as that on diesel pricing and on LPG cylinders, will it consider the industry's plea to tax the 'rich' man's cars less? Seems unlikely. #SUV #auto sector #taxes #Budget Expectations #lower excise duty