Auto Sector

Cabinet may soon approve revised production-linked incentive scheme for auto sector

Last year, the government had announced a PLI scheme for the automobile and auto components sector with an outlay of Rs 57,043 crore, earmarked for five years.

published on : 8th September 2021

Nissan India starts exports of SUV Magnite to Indonesia, South Africa, Nepal

The carmaker, in a statement, said it has produced over 15,010 units of the Magnite till May, including 1,220 units for exports to Indonesia, South Africa and Nepal.

published on : 21st June 2021

Auto sales fall sharply in May, no major recovery expected in June

The country's largest carmaker Maruti Suzuki India (MSIL) reported a 71 per cent sequential decline in total sales during the month at 46,555 units, compared to 1,59,691 units in April.

published on : 2nd June 2021