Stating that this GPD year has brought the slowest growth, Kavan Muktyar, in his keynote address pointed at the challenges faced by the CV industry. As part of the Apollo CV Awards 2020 ceremony, the Keynote address saw Karan stress on a weak consumer sentiment. He touched upon factors like demonetisation and structural changes, and stated that fixed capital formation has stagnated. Mentioning that the fall in domestic as well as international investments in the country is a matter of worry, Mukhtyar opined that the government is investing by driving key projects like the development of road infrastructure. He drew attention towards industrial production by stating that it is stagnant. Touching upon the sharp decline in motor vehicle sales, Kavan said that the CV industry has had a big impact on the slowdown due to its proximity to the economy.
Denne historien er fra March 2020-utgaven av Commercial Vehicle.
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Denne historien er fra March 2020-utgaven av Commercial Vehicle.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Tesla Robotaxi plans face scrutiny
Tesla’s investors are set to question CEO Elon Musk on the company’s robotaxi plans during its quarterly earnings report, after a hyped reveal without key details led to a dip in shares.
Open Telematics software
Cummins has partnered with Bosch Global Software and KPIT to launch Eclipse CANought, an open-source project for commercial vehicle telematics under the Eclipse Software Defined Vehicle initiative.
SML Isuzu Annual Dealer Conference 2024
From 13th to 17th September 2024, SML Isuzu Ltd hosted its Annual Dealer Conference in Dubai. The event brought together 70 pan-India domestic and Internal dealers, creating a platform for strategic discussions and unveiling the Annual Operating Plan (AOP).
District Version of PMGatiShakti National Master Plan for 27 aspirational districts
Union Minister of Commerce and Industry, Piyush Goyal, launched the district version of the PM GatiShakti National Master Plan for 27 aspirational districts, marking the third anniversary of the PM GatiShakti initiative.
The Best Of Automechanika Frankfurt 24
The 27th edition of Automechanika Frankfurt got underway, marking the return of the largest B2B aftermarket trade fair for the global automotive industry, writes Ashish Bhatia.
64th SIAM Annual Convention
The 64th SIAM Annual Convention focused on mobility strategies for advancing the industry. The eyes are on a sustainable future by 2047, writes Richa Tyagi.
Commercial Playsets
Even as the Indian automobile industry touches new heights and innovations, it is the commercial mobility play sets that continue to be a major draw. It is a good starting point for the next generation, writes Prajakta Chavan Rane from her plant sojourn.
Transforming India's Roads - The Urgent Need For Commercial Vehicle
The CV sector, a cornerstone of India's economy plays a pivotal role in driving growth and serving as the backbone of the logistics industry, writes Chidambaram Balaji, Regional Product Line Leader (India) Chassis Control, ZF India.
NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS
The Nagpur-Mumbai Samruddhi Expressway, a transformative project in Maharashtra, promises to enhance connectivity and spur economic growth. Upendra Kasbekar checks the on ground progress.
Elevating Customer Value Proposition
Guru Ram Das Body Builders has significantly evolved to enhance the customer value proposition. It has adeptly adjusted to the changing commercial vehicle market, writes Ashish Bhatia.
