The firm has reinforced its commitment to support the government's 'Make in India' vision with more than 5,000 export units for May, the automaker said

The company's operations in the ASEAN region will see substantial changes as part of the plan. Nissan would shut down its factory in Indonesia and rely on Thailand as its sole production base while it will also exit the South Korean market

Singapore emerged as the largest source of FDI in India during the last fiscal with USD 14.67 billion investments

India can be 'world's office' if China is 'world's factory': Uday KotakManaging Director of Kotak Mahindra Bank Uday Kotak on Sunday stressed on the cost-competitiveness of India's professionals across sectors and said that the country has potential to become the world's office. \"China is the world's factory, India can be its office!\" Kotak tweeted. The comment comes on the backdrop of the reports that a number of global giants are looking to shift their manufacturing facilities...

Coronavirus impact: Using existing infrastructure in factories such CCTV cameras and employee ID chips, 'Industy.AI' has come up with new solutions to address social distancing concerns and smart  monitoring of employees on shop floors  

Hyundai, which restarted operations at the plant on May 8, said the three employees started showing mild symptoms of coughs and colds in the first week of restarting and were tested positive

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After the Rs 20 lakh crore Atma Nirbhar Bharat stimulus pacakage largely ignored the auto industry, the sector is now expecting some relief by way of GST reduction and scrappage policy

\"The Prime Minister in his speech on May 12 had mentioned five pillars as the focus area of the relief package and one of the them was demand. But nothing has been specifically done to address that,\" says R C Bhargava

For the full fiscal 2020, Maruti Suzuki India's profits registered a 24.7 percent decline at Rs 5,650.6 crore while net sales were down 13.7 percent at Rs 71,690.4 crore

Most corporate houses are in the process of suspending their capital expenditure plans for this fiscal; it is a growing concern for industry

There is an opportunity for India to emerge stronger in manufacturing from this coronavirus crisis and the success in mobile phone manufacturing is a good example to follow, says a senior official from DPIIT

The Activa registered a steeper near 14 per cent decline in sales in 2019-20 at 25,91,059 units; Splendor witnessed a 12.4 per cent decline at 26,32,800 units

Indian manufacturing companies plan value-added products, entry into export markets to kickstart business

BMW, MINI and BMW Motorrad dealerships across the country would resume production adherence to local government directives

Bharatiya Mazdoor Sangh (BMS) put forward the demands in a meeting with Union Labour Minister Santosh Kumar Gangwar

With most auto-stocks down by nearly 40-70% since February 2020, the post-COVID-19 scenario might see consumers move away from all forms of shared mobility to more personal forms of transport

Panel in offing to grant clearances to businesses within 3 months: Nitin GadkariUnion MSME Minister Nitin Gadkari on Sunday said that the central government will set up a panel to provide necessary clearances needed by businesses within three months in a bid to attract foreign investment in micro, small and medium enterprises (MSMEs). He said that a Joint Secretary-level officer has already been appointed to look after foreign investments in the MSME sector.Roche wins U.S. nod for...

Auto industry wants the entire value chain, which includes factories of all component makers, vehicle and two-wheeler manufacturers, as well as dealerships, across the country to be allowed to open in one go

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