manufacturers association

Fiat not to leave Italy amid sales plunge


September 19th, 2012 - 12:44 pm ICT by IANS
Turin, Sep 19 (IANS/AKI) Amid a Europe-wide decline in car sales, Italian automobile giant Fiat said it does not intend to leave Italy or close any of its Italian plants."The ... Read more...

Posted in Business |

Bike sales in August down first time in three years


September 10th, 2012 - 3:30 pm ICT by IANS
New Delhi, Sep 10 (IANS) Motorcycle sales in India shrunk for the first time since 2009, data furnished Monday by the Society of Indian Automobile Manufacturers (SIAM) showed.India, which is ... Read more...

Posted in Business |

237 lives lost in cracker unit accidents in Sivakasi


September 5th, 2012 - 7:56 pm ICT by IANS
Chennai, Sep 5 (IANS) During the last 12 years, a total of 237 lives have been lost due to accidents in 88 fireworks units located in Sivakasi. The government has ... Read more...

Posted in Uncategorized |

Indian automobile industry turnover $145 bn by 2016: Patel


September 5th, 2012 - 6:00 pm ICT by IANS
New Delhi, Sep 5 (IANS) Heavy Industries Minister Praful Patel Wednesday said the Indian automobile and auto component industry turnover will reach $145 billion by 2016 to account for more ... Read more...

Posted in Uncategorized |

Hero MotoCorp expects sales to pick up in festive season


September 5th, 2012 - 5:54 pm ICT by IANS
New Delhi, Sep 5 (IANS) Hero MotoCorp Wednesday said it expects motorcycles sales to grow during the festive season after two straight months of fall in demand in line with ... Read more...

Posted in Business |

Shree Cement penalized Rs.397.51 crore for monopolistic practices


July 30th, 2012 - 8:20 pm ICT by IANS
New Delhi, July 30 (IANS) The Competition Commission of India (CCI) Monday found 11 cement manufacturers and the Cement Manufacturers Association contravening the provisions of the Competition Act through monopolistic ... Read more...

Posted in Business |

Don’t scrap wind power banking: Manufacturers tell Tamil Nadu


June 28th, 2012 - 12:46 am ICT by IANS
Chennai, June 27 (IANS) The Indian Wind Turbine Manufacturers Association (IWTMA) has asked the Tamil Nadu government to call a meeting of stake-holders in wind energy sector in the state ... Read more...

Posted in Business |

Rs.6,000 crore penalty on 11 cement firms for price fixing (Lead)


June 21st, 2012 - 8:52 pm ICT by IANS
New Delhi, June 21 (IANS) The Competition Commission of India (CCI) Thursday imposed a hefty penalties amounting to over Rs.6,000 crore ($1.1 billion) on 11 cement companies including Ambuja Cements, ... Read more...

Posted in Business |

Competition panel levies Rs.6,000 crore penalty on cement firms


June 21st, 2012 - 6:29 pm ICT by IANS
New Delhi, June 21 (IANS) The Competition Commission of India (CCI) Thursday imposed penalties amounting to over Rs.6,000 crore ($1.06 billion) on 11 cement companies including Ambuja Cements, ACC, Ultratech ... Read more...

Posted in Business |

Windmill makers in Tamil Nadu accused of opaque pricing


June 15th, 2012 - 12:44 pm ICT by IANS
Chennai, June 15 (IANS) The Tamil Nadu Spinning Mills Association (TASMA) has decided to approach the Competition Commission of India if windmill makers failed to provide the capital expenditure break-up ... Read more...

Posted in Business |

Maharashtra orders crackdown on illegal sex tests


June 7th, 2012 - 10:52 pm ICT by IANS
Mumbai, June 7 (IANS) Maharashtra Chief Minister Prithviraj Chavan Thursday ordered a state-wide crackdown on unregistered or illegal sonography centres conducting sex determination tests of foetuses.While the drive is at ... Read more...

Posted in Health |

Slowdown hits electrical equipment industry


May 11th, 2012 - 5:09 pm ICT by IANS
New Delhi, May 11 (IANS) The growth of India's electrical equipment industry fell to 6.6 percent in 2011-12 as compared to 13.7 percent in the previous year, industry data showed ... Read more...

Posted in Uncategorized |

Cycling to work? Growing movement to tackle mobility crisis (Feature)


March 25th, 2012 - 11:18 am ICT by IANS
New Delhi, March 25 (IANS) Cycling to work may soon become a reality in Delhi, and not just for the poor. With pollution and shrinking roadspace, the capital is under ... Read more...

Posted in Uncategorized |

‘Use of IT for subsidy transfers to drive industry growth’


March 17th, 2012 - 3:53 pm ICT by IANS
Bangalore, March 17 (IANS) Use of technology for transferring subsidies directly to beneficiaries and other social initiatives envisaged in the 2012-13 budget will drive growth of IT hardware and ... Read more...

Posted in Sci-Tech |

Pakistan vehicle sales up


February 11th, 2012 - 10:43 am ICT by IANS
Islamabad, Feb 11 (IANS) Vehicle sales in Pakistan rose by 17 percent to 96,900 units in the first seven months of the current fiscal year compared to 82,767 units in ... Read more...

Posted in South Asia |

West Bengal cable TV equipment makers seek tax holiday


January 12th, 2012 - 6:12 pm ICT by IANS
Kolkata, Jan 12 (IANS) Cable TV equipment makers and traders Thursday sought tax holiday from the West Bengal government for paving the way for digitisation of cable TV network ... Read more...

Posted in Business |

Big events attract huge crowds: Auto Expo organisers


January 7th, 2012 - 8:45 pm ICT by IANS
New Delhi, Jan 7 (IANS) Organisers of the 11th Auto Expo Saturday tried to ward off criticism of poor crowd management at the event saying that big events ... Read more...

Posted in Business |

Maruti Suzuki cars to cost more


January 5th, 2012 - 5:11 pm ICT by IANS
New Delhi, Jan 5 (IANS) Automobile major Maruti Suzuki Thursday said all its cars will cost more from next week due to a hike in commodity input prices and the ... Read more...

Posted in Business |

Nissan unveils multi-purpose vehicle Evalia


January 5th, 2012 - 3:23 pm ICT by IANS
New Delhi, Jan 5 (IANS) Nissan unveiled its multi-utility vehicle Evalia Thursday the first day of the 11th Auto Expo here."We want to show India the depth of Nissan's ... Read more...

Posted in Business |

Indian machine tools industry upbeat on demand growth


January 3rd, 2012 - 10:00 pm ICT by IANS
Bangalore, Jan 3 (IANS) The fledgling Indian machine tools industry remains upbeat on demand growth as economic slowdown during this fiscal had no bearing on orders from the manufacturing sector, ... Read more...

Posted in Business |

Hyundai to showcase multi-purpose vehicle HND-7 at Auto Expo


December 29th, 2011 - 9:41 pm ICT by IANS
New Delhi, Dec 29 (IANS) Automobile major Hyundai Thursday said it will showcase its multi-purpose vehicle HND-7 at the Auto Expo beginning here Jan 5."We are showcasing some very exciting ... Read more...

Posted in Business |

Mahindra to launch Duro DZ scooter at Auto Expo


December 27th, 2011 - 10:10 pm ICT by IANS
Mumbai, Dec 27 (IANS) Auto major Mahindra will launch its new Duro DZ scooter model and unveil its MGP30 racing motorcycle at the Delhi Auto Expo next month. "The Mahindra ... Read more...

Posted in Business |

Fifty new vehicle launches at Auto Expo 2012


December 21st, 2011 - 7:13 pm ICT by IANS
New Delhi, Dec 21 (IANS) Fifty new two-wheelers, cars, buses and trucks would be launched at the Auto Expo 2012 beginning here Jan 5."This year's auto expo will have 50 ... Read more...

Posted in Business |

South Korean automakers’ exports to slow down in 2012


December 8th, 2011 - 2:01 pm ICT by IANS
Seoul, Dec 8 (IANS) Output and exports of automobiles manufactured by South Korean automakers are expected to grow at a slower pace in 2012 than this year due to global ... Read more...

Posted in Business |

Sabyasachi Patra is new MAIT executive director


December 6th, 2011 - 6:02 pm ICT by IANS
New Delhi, Dec 6 (IANS) Hardware manufacturers' association for information technology (MAIT) Tuesday appointed Sabyasachi Patra as its executive director.Patra succeeds Ashwini Aggarwal. He will help the association in implementing ... Read more...

Posted in Business |

Japan’s auto output went up in October


November 30th, 2011 - 3:51 pm ICT by IANS
Tokyo, Nov 30 (IANS) Japanese automobile production climbed 20.3 percent in October from a year earlier, the Japan Automobile Manufacturers Association (JAMA) said Wednesday.According to the industry body's latest figures, ... Read more...

Posted in Business |

IT components supply chain disrupted by Thai floods: MAIT


November 22nd, 2011 - 10:49 pm ICT by IANS
New Delhi, Nov 22 (IANS) Seeking the IT industry and consumers' support and patience in the severe shortage of hardware products, a manufacturers body Tuesday said that unprecedented rains and ... Read more...

Posted in Business |

JBM to enter bus business in India by 2012-13


September 6th, 2011 - 7:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) Auto component major JBM Group Tuesday said that it will foray into the bus manufacturing business in the country by the next fiscal."By the end ... Read more...

Posted in Business |

Fiat to open stand-alone showrooms in 20 cities


September 6th, 2011 - 6:40 pm ICT by IANS
New Delhi, Sep 6 (IANS) Italian automobile major Fiat's Indian subsidiary said Tuesday it will set-up stand-alone showrooms for its cars in 20 cities within one-and-a-half years but its co-manufacturing ... Read more...

Posted in Business |

Lumax investing Rs.150 crore on new plants, capacity


September 6th, 2011 - 5:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) Automobile lighting component manufacturer Lumax Industries Tuesday said that it will invest about Rs.150 crore to set up three new facilities by next year."We are ... Read more...

Posted in Business |

General Motors to source 95 percent of components locally


August 30th, 2011 - 6:49 pm ICT by IANS
Faridabad, Aug 30 (IANS) General Motors said Tuesday it plans to source about 95 percent of its components from local manufacturers for its newer models."The percentage of locally sourced parts ... Read more...

Posted in Business |

Auto component sector demands labour reforms


August 30th, 2011 - 6:09 pm ICT by IANS
New Delhi, Aug 30 (IANS) Delay in labour reforms hampers employment generation in the automobile component sector, the nodal agency for the Indian auto component industry said Tuesday."We believe that ... Read more...

Posted in Business |

Traders’ strike affects Kashmir Valley


August 9th, 2011 - 3:10 pm ICT by IANS
Srinagar, Aug 9 (IANS) Life across Kashmir Valley was adversely affected Tuesday by a strike called by local traders and transporters against increase in taxes charged from them by the ... Read more...

Posted in National |

Tamil Nadu’s wet grinder industry grinds to a one day halt


July 21st, 2011 - 11:24 pm ICT by IANS
Chennai, July 21 (IANS) Wet grinder manufacturers and their component suppliers in Coimbatore downed their shutters Thursday, demanding the state government bar importers from participating in a massive Tamil Nadu ... Read more...

Posted in Business |

Ice cream manufacturers seek tax reduction


July 11th, 2011 - 9:31 pm ICT by IANS
Ahmedabad, July 11 (IANS) The Indian Ice Cream Manufacturers Association (IICMA) Monday urged the government to reduce taxes on ice cream, "which is a health and happiness food, not a ... Read more...

Posted in Business |

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