Taking leaf out of industrial success of countries like China, South Korea and Vietnam, the DPIIT has mooted a slew of proposals to make Indian manufacturing globally competitive. The key areas chosen for giving thrust include defence, pharma, leather, automobiles and food-processing

He said even though presently the prices of Chinese goods are attractive and Indian electric vehicle companies are earning good profits by importing parts, in the long-term, the country should produce everything locally

As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade

Of the electric two-wheelers sold in FY19-20, 97 per cent were electric scooters and a very small volume of motorcycles and electric cycles that accounted for the remaining 3 per cent

SoftBank, which last month said it was donating 1.4 million masks to New York state, will supply the masks without taking a profit

Once the current crisis is over, auto companies expect sops to make parts in India. The aim is to diversify sourcing away from a single destination like China

The new subsidiary would be led by the current president of the EV business, Shailesh Chandra from April 1 while the current managing director of the PV business unit Mayank Pareek will retire from the company in February next year

While auto manufacturers have started looking for alternatives, it would a long time to reach stable production scale as these components will need regulatory testing

Stocks to watch today on March 2: RIL,Adani Gas, Maruti, HPCL, M&M, Dr Reddy's Labs, Motherson Sumi, Sudarshan Chemicals among others are the top stocks to watch out for in Monday's trading session

Tata Motors' CEO talks about what the future holds for the industry and his plans for localisation of electric vehicles

Most leading Tata companies, including Tata Power, Tata Steel and Tata Motors, are burdened by debt, making the group overdependent on TCS, its sole money spinner

The disruption due to coronavirus in China has put Indian industry in a jam

As footfalls decline at Auto Expos globally, what is the way forward?

In China, where the virus originated, automotive manufacturers have halted production in order to limit the congregation of people and reduce the exposure of its population to possible infection

Tata Motors is set to continue its product offensive that also now includes a slew of electric vehicles. It has already launched two new cars - the Altroz premium hatchback and the Nexon EV, this calendar year

Great Wall is the second major Chinese auto manufacturer to enter India after MG Motor's debut last year; its first offering, H9 SUV, which will go head to head with Toyota Fortuner, will be launched in 2021

Auto Expo 2020: The diesel engine is mated to a new 8 Speed automatic transmission and has a peak power of 185PS and torque of 410 NM

Auto expo 2020 India: Bookings for Mahindra eKUV100 will open in March and the deliveries will begin in April. It comes with an electric motor that delivers 54hp and 120Nm of peak torque and has an automatic transmission

The Volkswagen-owned Czech carmaker has been tasked with helping its German parent achieve a 2025 target of a 5% market share in India

The overwhelming presence of world's largest electric vehicle market China, will also see a smattering of small and big electric cars including the cute looking Great Wall Ora R1 that has a range of 300 kilometer on a single charge