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