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October 17, 2025, 04:41 PM - 4 min read
Union Minister of Road Transport and Highways, Nitin Gadkari, addressed the ASSOCHAM Annual Conference 2025 virtually on Friday, where he spoke about the importance of growth in agriculture to boost India’s GDP, bringing down logistics cost to 9 per cent, and reducing dependence on fossil fuels for automobiles
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December 10, 2024, 06:17 PM - 3 min read
"First is the USA—Rs 78 lakh crore; the second-largest automobile industry is in China—Rs 47 lakh crore, and now India is at Rs 22 lakh crore. I am confident that within 5 years, we want to make the Indian automobile industry number 1 in the world," Union Minister Gadkari said while speaking at the Amazon Smbhav Summit.
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October 20, 2024, 02:06 PM - 3 min read
India's automobile exports rose 14% in the first half of the fiscal year, driven by increased shipments of passenger vehicles and two-wheelers, with total exports reaching 2,528,248 units, despite a decline of 5.5% .
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August 6, 2024, 04:38 PM - 2 min read
Retail sales of passenger vehicles in India rose 10% in July to 320,129 units, driven by new models and discounts. Two-wheeler sales grew 17%, while commercial vehicles increased by 7%. However, high inventory levels pose a risk to dealer sustainability, and tractor sales declined by 12%.
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April 14, 2024, 01:12 PM - 2 min read
While commercial vehicle, two-wheeler, and three-wheeler shipments saw declines, passenger vehicle exports managed a marginal growth of 1.4% in FY24. Maruti Suzuki led the passenger vehicle segment with significant exports, followed by Hyundai Motor India, Kia Motors, Volkswagen India, Nissan Motor India, and Honda Cars.
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