New Delhi, April 2 (IANS) The domestic automotive metal forming market of India is projected to nearly double to $90-95 billion by FY30, growing at around 12 per cent annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said.As per Avendus Capital analysis, India’s auto component industry — casting, forging, stamping and machining — crossed $80 billion in size in FY25 and turned a net exporter during the year, with exports reach…
Latest Internal Combustion Engine News & Updates
New Delhi, Feb 10 (IANS) The Society of Indian Automobile Manufacturers (SIAM) President Shailesh Chandra on Tuesday said that innovation in the automotive industry must be done within the boundaries of privacy and security for the customers’ data.In electric vehicles – and even in the traditional ICE (Internal Combustion Engine) vehicles – a lot of data flows from the customer to multiple stakeholders in the ecosystem.“These may be the video feed coming from your dashcam, phone numbers …
New Delhi, Dec 22 (IANS) The Commission for Air Quality Management (CAQM) in NCR and adjoining areas on Monday directed enforcement agencies to take coercive action against End-of-Life (EoL), polluting BS-III and lower emission standard vehicles, an official said. The Commission also permitted delivery service providers and e-commerce entities to induct BS-VI petrol 2-wheelers in existing fleets up to December 31, 2026, said a statement.The meeting under Rajesh Verma, Chairperson, CAQM, maintain…