Tag: Government

Mandatory for existing two-wheelers to retrofit ABS or CBS before April-2019

The Ministry of Road Transport and Highways declared ABS to be mandatory in two-wheelers from April-2018. This means that any two-wheeler launched here from this-year onwards comes equipped with an ABS (Anti-lock Braking System) or a CBS (Combined-Braking System), as standard. As per a report by the Ministry of Road Transport and Highways, approximately 36,000 people lost their …

Mahindra keen on bringing 3 new UV’s in India

Mahindra and Mahindra will look to expand its footwork in the growing electric vehicle (EV) segment. The auto maker currently sells the e20 and eVerito in that segment, but given the government’s plant to electrify cars by 2030, the company will surely look to be a part of it. Launchers are scheduled to take place here in 2019-20. …

Ford India Announces Rs.4000 Crores Plant in Gujarat

Ford India has officially signed an agreement with the Government of Gujarat, to set-up manufacturing facility and an engine plant in Sanand, Gujarat. With 7 new models to hit the road in the next 4 years, Ford has decided to hike its capacity significantly. The manufacturing operation will be built on a 460-acre site, with adjacent land protected …

Govt Makes ISI a Must For All Tyres

  The Ministry of Commerce and Heavy Industries of the Government of India has made it mandatory for tires to bare ISI mark on them. The new rule will become effective from 9th May, 2011 This initiative from Government will lead the end user to get the best and quality tires without any defects.. However imported tires will …

Government of Indian clears CKD duty confusion

The confusion about duty on automobiles imported as completely knocked down (CKD) units which rose after the 2011 Union Budget has been cleared thanks to a clarification by the government. According to the budget announcement all cars and two-wheelers which were assembled in India using imported engines and transmission were to attract 60% customs duty which is equal …