It is the first time Indian car makers have backed such cuts, caving to pressure from a government that wants them to give up their protectionist position and lower entry barriers, sources with direct knowledge of the matter told Reuters.
India’s automotive landscape has always been rich, right from the turn of the 20th century. But it is independent India whose automotive trajectory has shot-up skyward going from a barren landscape filled with colonial relics to a becoming a bonafide manufacturing powerhouse known for robust, frugal runabouts and now, heavy-duty luxury cars. As one of the key markets of the 21st century, India’s car market has witnessed evolution at a steadily rapid rate, with the best yet to come. Here are 75 landmark vehicles that defined the country’s automobile manufacturing sector and mobility as we know it.
With business magnate Elon Musk launched an Indian subsidiary aiming to create a much-awaited manufacturing plant and R&D unit in India, the electric vehicles market gained momentum in the Indian auto sector arena. Here's a look at some pocket-friendly EVs expected to be launched this year.