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Hero Motocorp - smooth ride Digital retail transactions stabilise at higher level… Chola MS launches motor app People Flow Day- Safety Murugappa- a year of consolidation Durga - India’s largest blast furnace; now operational Nothing to hide... TiE applauds innovative entrepreneurs Business Breif Chennai to get a roundabout Metro Apple maps – finding its way Strategy war escalates between Hero and Honda Steel loses its sheen Placing the right shoe forward... Make way for the new and dynamic railways Changing dynamics in human resource management Brand leaders come forward... Holiday Inn opens in OMR Chennai IFCI to raise NCDs upto Rs 2000 crore Reality bytes Is Indian telecom industry heading for a monopoly? Connecting the unconnected Pharma market dozes Striking cords for 25 years… Techies trip to India ECGC expands operations Carrefour’s quick exit TII-challenging year with flat growth TII’s single largest investment at Thiruthani Realty sector takes a break... Inclusive and forward moving... Tata Steel commence operations at Kalinganagar ALL – truck industry is recovering from degrowth Secured NCDs from Shriram City Automotive Vision Plan II... World labour laws at a glance Purdue and IIT-M sign the dotted line OBO Bettermann for better lightning protection Economic issues take a back seat at G20 summit Innovation that helped Chennai port Four daughters and a proud father Backpack laboratory ALL to launch electric busses WABCO’s second Chennai plant Chennai will soon get its World Trade Centre Climate change may change the way businesses work... Veritas Finance- financing the unfinanced The new look- 4s Verna Airlines wage price war Nigeria comes nearer Need to focus on ease of doing business... Industry-well poised to invest on expansion Three more leather clusters… An aerospace-defence cluster in Tamil Nadu… Economic, business and social sustainability Celebrating 180 years of relevance Auto test tracks launched at GARC Oragadam campus Housing Innovation Challenge, 2015 Flexible labour laws… Investor friendly Japan LVB gears to become a financial supermarket Curbing steel imports will hurt small business... Dynamic e-commerce scenario More gensets and diesel engines from TAFE BRICS development bank Big-ticket investments march towards Punjab Waste, a gold mine AirAsia India infuses funds to fight out competition Adding Zest to Scooty Towards peace of mind TOP 10 CEO Compensation SumInfra- corridor based development... Hyundai excites again STFC raises money Chola MS net crosses 100 crores CUB: towards card-less withdrawal An American alliance in the chemical industry? Well-refined – RIL’s refinery margins zoom TVS Logistics – another acquisition to sharpen the business model Indigo stays leader with 40 per cent share Blue Star plans a new plant in south On the ‘milky’ way Sun Edison launches solar pumps Chennai Port is at last decongested! - Smart controls for cooling large multi-zone spaces ... Rating of states to be released soon TN budget pragmatic and moderate on fiscal deficit Focus on self-certification and third party inspection TCS’ revenues cross Rs 100,000 crore Applauding enterprise... Indian Bank – global businesses crosses Rs 3 lakh crore... Gem of social service... Illicit markets a concern to growing economy Ridley marathon to India Research needs more funding Bridging the skill deficit in pharma industry Downsizing spree... Time to fast-pace the logistics sector A global plastic event in India Scoot offers just Rs.13,500 to ANZ... ISRO's 100th mission European crisis is a global crisis! ALL-two launches in a row Celebration time at MS Chola Business Briefs Creating Tamil Nadu Banana brand Realising double digit growth in Tamil Nadu Schwing Stetter India joins hands with US-based Gomaco When Centre visits the state
 
Automotive Vision Plan II...

With the Automotive Vision Plan I that envisaged a 145 billion USD turnover, 35 million employment and a 10 per cent of GDP by 2016, the auto industry stands midway in achieving these plans by 2016. “We have reached 78 billion USD turnover, around 29 million in employment and it contributes around 7.5 per cent to GDP. Recession and a staggering rupee have affected the expected growth,” said Ambuj Sharma, Additional Secretary, Department of Heavy Industry, Government of India. The National Automotive Testing, a state-of-the-art facility is under construction at Oragadam at a cost of Rs 700 crore. This will facilitate the testing of safety and speed of powertrains. Another high speed track is to come at Indore in 2 years which can test upto 250 km/hr and will be used mainly for R&D. The government is to unveil the electric mobility policy by 01 April 2015 that will provide several incentives to fully electric or hybrid vehicles. The Indian market is expected to expand to 6-7 million electric vehicles by 2022.

 

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