Automobile Sector Current Affairs, GK & News
CII Report: “Exit from Lock Down”
The Confederation of Indian Industries recently published its report “Exit from Lock Down”. Under the report, the confederation suggests slow and staggered approach of reopening of industrial sectors. Key Highlights of the report The Report suggests classification of geographies as red, amber and green. This should be done based on the incidence of COVID-19 cases. ..
Month: Current Affairs - April, 2020
Category: Reports & Indexes Current Affairs
Topics: Agriculture • Automobile Sector • CII • Confederation of Indian Industries • E-commerce • Food Processing Sector • labour intensive sector • lock down • manufacturing
CCI approves joint venture between Mahindra & Mahindra and Ford Motor
The Competition Commission of India (CCI) has recently approved the formation of Joint Venture (JV) between Mahindra & Mahindra and Ford Motor and the transfer of automotive business of Ford India to the JV. The new venture to be formed would acquire the automotive business of Ford India Pvt Ltd (FIPL), which is a wholly-owned ..
Topics: Automobile Sector • Mahindra & Mahindra • manufacturing sector in India
2019 Witnessed Worst-Ever Decline in Automobile Sector
The sales of the Automobile Sector declined 13 percent in every category with segments such as passengers’ cars, two-wheeler, and commercial vehicles. On a yearly basis, the sales across all the counters have declined by around 14 percent to 2,30,73,438 units as against 2,67,58,787 in the previous year quarter. According to the Society of Indian ..
Month: Current Affairs - January, 2020
Topics: Automobile Sector • BS-VI • Government of India • Society of Indian automobile manufacturers • Vehicles
NuGen Mobility Summit 2019 to be held in Manesar, Haryana
The three-day NuGen Mobility Summit 2019 will be held in Manesar, Haryana from November 27 to 29, 2019. It will be organized by International Centre for Automotive Technology (ICAT), Manesar based on the theme “Smart & Green Mobility” to find alternative mobility solutions to problems like pollution emanating from vehicular emissions. It will be inaugurated ..
Month: Current Affairs - November, 2019
Topics: Automobile Sector • Haryana • International Centre for Automotive Technology • Nitin Gadkari • NuGen Mobility Summit 2019
NITI Aayog’s concerns on Vehicle Scrappage Policy
The Ministry of Road and Transport Highways recently released Draft Guidelines for Vehicle Scrapping Facility. The guidelines include land requirements, scrapping procedures, criteria for scrapping of vehicles. It applies to all automobile collection centers, vehicle owners, required audits and finances. The federal policy think tank on November 21, 2019, raised concerns on implementation of the ..
Month: Current Affairs - November, 2019
Topics: Automobile Sector • Economic growth • Ministry of Road Transport & Highways • NITI Aayog • Policy • Vehicle • Vehicle Scrappage Policy