Mercedes Benz India Limited wants the government to tweak its Rs 26,000cr production linked incentive (PLI) scheme so that low volume manufacturers can avail themselves of the scheme. Such a suggesti...

In a previous opinion piece, I pointed to two, often ignored, underlying trends that are responsible for the slowdown. However, friends from the industry pointed out that these may be applicable only ...

Auto component manufacturers have warned that around 10 lakh people could be laid off if the prolonged slowdown in the industry continues and have asked the government to stimulate demand by reducing ...

Paint firms are cautiously optimistic on improving their margins amid favourable raw material prices. While the decorative paints business is set to do well, the growth in the industrial segment will ...

Tata Motors on Friday reported a 33.58 per cent decline in total sales at 41,354 units in October.The company had sold a total of 62,264 units in the same month last year, Tata Motors said in a statem...

The Indian automotive industry is apprehensive about the coronavirus outbreak disrupting component supplies from China, but a clear picture will emerge only in the next few days after factories in the...

For a spoilt-by-growth industry that last saw a dip, albeit a very slight one, in 2013, the last 12 months have turned out to be a nightmare, and with no end in sight. Like usual, whenever we see a de...