BYD India, a subsidiary of the world’s leading New Energy Vehicles (NEV) manufacturer BYD, has inaugurated its second passenger vehicle showroom in Mumbai, Maharashtra. This luxurious showroom is managed by Landmark BYD and is strategically located in Worli, South Mumbai. The showroom was inaugurated by Mr. Sanjay Thakker, Chairman of Group Landmark and Mr. Rajeev […]
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– By Saket Mehra (Partner and Auto & EV Industry Leader, Grant Thornton Bharat ) The Union Budget 2024 has introduced several measures that are set to have a significant impact on the automotive and electric vehicle (EV) industry in India. Aligned with the government’s strategic priorities, the budget focuses on enhancing manufacturing capabilities, supporting […]
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The two companies leverage a long history of collaboration of more than two decades to jointly serve customers in IndiaBrakes India, a TSF Group company and India’s leading braking systems manufacturer together with ADVICS, an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to design, develop and […]
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The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]
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