Weeks in the wake of pronouncing stoppage of vehicle production in India, American auto significant Ford on Friday reported an administration change in its activities in the country with Anurag Mehrotra, as of now President and Managing Director of Ford India, set to leave the organization before the month’s over. Post declaration of change of […]
Business
Outlook for manufacturing in Q2 increases essentially; price of working together with business ascents: FICCI study
The outlook for expanded manufacturing activities in the second quarter of this fiscal has been altogether improved, however the expense of working together and production is ascending, as indicated by an overview by industry chamber FICCI. According to FICCI’s most recent quarterly survey (Q2) on manufacturing, industry respondents have attributed the hike in production costs […]
Auto wholesales plunge 11% in August because of proceeded with chip shortage, high commodity costs
Upwards of 1,08,508 units of traveler vehicles were sold in August 2021, car industry body SIAM (Society of Indian Automobile Manufacturers) information on vehicle wholesale shows. PV sales declined in August 2021, when contrasted with August last year when auto firms sold 1,24,715 units. The semi-conductor deficiency and high commodity costs are the essential drivers […]