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Mahindra Electric Automobiles Limited (MEAL), a subsidiary of Mahindra & Mahindra, the pioneer of the SUV segment in India, today unveiled the audacious “Vision Thar.e” at its signature Futurescape event in Cape Town, South Africa. The Thar.e is more than an electric evolution of the legendary off-roader; it's a daring, distinct design transformation that continues to embody the spirit of Mahindra’s authentic SUV. Veejay Nakra, President – Automotive ...
Owing to the severe impact on the overall sales of automobiles in India, following the spread of Covid-19 pandemic, the Indian automotive sector is pinning its hopes on the long-awaited Vehicle Scrappage Policy to spur the growth of the sector. While the policy is expected to be before the Union Cabinet for approval, industry experts believe that the benefits of the policy can only be achieved by incentivizing purchase of new vehicles in exchange for scrapping older ones. However, despit...
With a torrent of technological advancements in the 21st Century, it sure is a tremendously exciting time for the auto industry. On National Technology Day, here’s what movers and shakers from the world of auto and tech, both, legacy and new-age, have to say about emerging technologies and the way the future of everything auto is shaping up. All of these point in one direction – that of technological transformation – which is taking over our lives and how! Rand...
Union Budget 2025-26: A Boost for India's Automotive Sector
TheBudget 2025-26, presented by Finance Minister Nirmala Sitharaman, has laid out a transformative roadmap to strengthen India's manufacturing sector and its journey toward becoming a global manufacturing hub, with a particular focus on the automotive and electric vehicle (EV) industries. As the country continues its push towards sustainability and self-reliance, this budget introduces several measures that will significantly impact the sector’s growth traje...