The Indian Auto Industry is in a really bad shape right now as cars have plummeted over 30% year on year and this has to lead to manufacturers to cut back on production. A cut-back means that job-losses are inevitable. As per Industrial estimates, over 3.5 lakh jobs have been lost in the downturn and ..
Automobiles: GK, Current Affairs, Questions, Trivia and News
The Indian auto industry, which is one of the world’s largest (4th largest) with annual sales increasing 9.5% year-on-year to 4.02 million units (excluding two-wheelers) in the year 2017. It also was the 7th largest manufacturer of commercial vehicles in 2018. Current Situation The Two Wheelers segment dominates the Indian market segment in terms of ..
India is an oil deficient country. It is thus forced to import most of the crude oil it uses ( nearly 80%) from other countries. This creates a problem for India, both fiscally and for domestic security. The government is exploring various methods like ethanol blending, improved oil recovery from Indian Oil fields and adding ..