The Auto Industry has been following the initiative of Make in India long before the Prime Minister started going gaga about it. Exports play a major role in gauging how things are for the initiative and auto industry, which is also a major contributor to GDP, has a pivotal role to play in it. So … Read more
Ever wondered how many vehicles were registered last year? 1.96 crores! Yes, that my friend is a huge number. Want to guess where the number stood in the early 90s? Less than 10 lakhs a year. The rising income capacity of urban middle class and the chain reaction of ever increasing options has been a … Read more
In a price-conscious Indian market, manual transmissions have been ruling the roost. Yes, in comparison to the previous decade, the market share of automatic transmissions have increased. Things though are still in a very nascent stage. However, folks at ICRA approximately 15 percent of new car sales will have automatic gearbox by 2020. While 90 … Read more
The tale for Ford India has never been a cakewalk. However, the EcoSport and before that the previous generation Figo hatchback have been a saving grace for them. Both the new Figo hatch and the notchback Figo Aspire look great and are wonderful offerings to drive but customers for some reason have failed to shower … Read more
Goods and Service Tax. GST. A lot has been written about the tax scheme. In case of the automotive industry it has mostly been in favour. Well who wouldn’t like the idea of a simple tax regime which is applied once where the product is actually sold. The older system, which comprised of (if i … Read more