With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger players with deep pockets eventually closing in on financially weak but potentially viable smaller firms.
Tag: Automobiles
Post
Post
Vibrant Gujarat will benefit the entire country
There are many sectors on which we are focusing on like automobiles, petrochemicals, textiles, etc., then now we have this new area, defence, because the government has opened up this sector.
Post
The Post GST Logistics of BIGGER WAREHOUSING
India´s burgeoning logistics and warehousing sector is set for an explosive growth trajectory, in the wake of the implementation of the Goods and Services Tax (GST) regime.
Post
Automobiles to drive Make in India
Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that the Government of India aims to make automobiles manufacturing the main driver of the ´Make in India´ initiative, as it expects the passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.
Post
Government begins review of ´Make in India´ targets
Twenty months after the launch of the Make in India campaign, the government has begun assessing the impact of PM Narendra Modi´s flagship programme and is looking to even tweak some of the elements.
Post
15 electric buses to hit roads in 6 months
As many as fifteen electric buses, based on economically viable battery technology are being developed in collaboration with Indian Space Research Organisation (ISRO). These will hit the roads in six months on a pilot basis, Road Transport and Highways Minister Nitin Gadkari said.
Post
Chinese firm to partner with Mah
Chief Minister Devendra Fadnavis recently said Shandong Hi-Speed Group company had agreed to enter a partnership with MSRDC and MMRDA
Post
Government plans big push for coastal shipping
The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.