Indian Automotive Industry one of the largest in the world contributes around 7% to Indian GDP and enjoys 100% FDI through automatic approval route. The industry is also set to become an production hub for other countries. Its exports have been growing up - with significant contributions from Hyundai, Maruti, Ford and Nissan. Now General Motors is also planning to invest exclusively for export market. The industry is also evolving to move from IC engines to electric and hybrid vehicles, stricter anti-pollution norms and tougher measures on parking space. However, it is set and growing at 10% to 12% over the past years.
Indian automotive industry is present as clusters in North - Gurgaon, Tapukara in Rajasthan, Uttaranchal, Pithampur belt in Madhya Pradesh, Pune in Maharasht
Seat-belts and airbags are safety features available in most current generation cars. However, unfortunately these are not available for kids and expose them to danger. To provide them safety, Maxi-Cosi and mobile airbag company Helite has launched the first child seat with built-in airbags, branded as AxissFix Air. The airbag is suitable for children aged between four months and four years and it has Isofix tethers, a 360-degree rotating base and two small airbags (which could be triggered by sensor in 0.05 sec) mounted in the shoulder pads of the seat.
Automotive industry - facing onslaught from various directions like anti pollution measures, tectonic shift to electric vehicles has ended the FY 2017-18 on a positive note. The industry produced a total 29,075,605 vehicles including Passenger Vehicles, Commercial Vehicles, Three wheelers, Two Wheelers registering a growth of 14.78 percent over the same period last year. Its domestic sales grew by 7.89 percent in April-March 2018 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 3.33 percent, 20.97 percent and 5.78 percent respectively in April-March 2018 over the same period last year.
The overall Commercial Vehicles segment grew by 19.94 percent in April-March 2018 as compared to the same period last year. Medium
IRDAI - Insurance Regulatory Authority of India has proposed reduction in premium on insuring small private cars and certain types of two-wheelers. However, it has plans to raise the same for several categories of goods vehicles. The authority has released exposure draft on premium rates for motor third-party (TP) insurance covers for 2018-19 fiscal and has invited stakeholders comments till March 22. The draft proposes to increase the premium on e-rickshaw from the existing Rs 1,440 to Rs 1,685 in the next financial year starting April 1. The regulator has proposed to lower the premium for third-party insurance, which is mandatory, on cars with engine capacity of less than 1,000 cc to Rs 1,850 from the existing Rs 2,055.
TVS Motor Co has showcased three concept vehicles in Auto Expo 2018. It has unveiled its electric scooter concept 'Creon' and a 220cc single-cylinder engine bike 'Zeppelin' . The company has also showcased its ethanol-powered motorcycle, Apache RTR 200 Fi Ethanol, aimed at reducing carbon footprint on the environment. The two wheeler - Creon has a range of 0-60 kmph and will reach the project speed under 5.1 seconds. It also has rapid charging time of 60 minutes for 80 per cent of charge. The vehicle is powered by lithium ion battery capable of delivering 12kw of instantaneous power. Another concept vehicle TVS Zappelin, will be loaded with a 220cc engine coupled with integrated starter generator (ISG) and has a 48V lithium ion battery for powerful performance. The ethanol-powered TVS Apa
Government of India is aiming to make roads safer for people, is set to introduce stringent safety norms under which all new cars will have to undergo mandatory crash tests from October 2017. All new cars will have to comply strict crash test norms, while for upgrades of existing models, the deadline will be from October 2018. New minimum safety norms, including frontal and side crash tests, will apply to all cars - entry level, small and cheaper models. As per the new order, cars would be tested for frontal crash norms at 56 kmph, while for the side crash test, it will be at 50 kmph,. The new test facility offers a range of crash tests like full-frontal impact, side impact and offset-frontal impact etc. From now on, all these tests can be carried out under one roof for the first time
Volkswagen India has launched a limited edition of its Polo GT hatchback and priced it at Rs 9.21 lakh. The limited edition, Polo GT Sport will be available across both petrol and diesel variants of Polo GT, while the petrol variant powered by a 1.2 litre engine is priced at Rs 9.11 lakh, the diesel option with a 1.5 litre engine costs Rs 9.21 lakh (ex-showroom Delhi). The Polo GT Sport has new exterior and interior updates such as glossy black spoiler, 16 inch alloy wheels and leatherette finished seat covers.
India plans to have seven world class automotive design and testing centres being set up by National Automotive Testing and R&D Infrastructure Project (NATRiP) by the end of this year. The centers will have infotronics laboratory and crash testing labs. The high-speed testing track will come up in two years. The centers are coming up at Manesar, Bangalore, Rai Bareli, Silchar, Indore, Pune and Chennai under NATRiP. Currently, NATRiP is carrying out all safety tests including frontal and side crash test for vehicles. Since most of our vehicle manufacturers were drawn from Europe and were the earliest in the industry, we have followed their method of testing for prototypes and the subsequent COP
Hyundai Motor has launched an automatic variant of its premium hatchback Elite i20 priced at Rs 9.01 lakh (ex-showroom Delhi). The new variant comes with 1.4 litre petrol engine with four speed automatic transmission besides additional safety features like six airbags, speed sensing auto door lock and height adjustable front seat belts. It may be noted, the car i20 has so far sold more than 1 million units in India and still going strong.
Automotive Testing Facilities in India developed across India under the central government?s National Automotive Testing and R&D Infrastructure Project (NATRiP) are to be unified under the Automotive Regulatory Board, an umbrella body. These centres are located in Pune, Ahmednagar, Manesar, Chennai, Indore, Silchar and Rae Barelli, with work on only the last not yet started. ARAI Board will come into existence soon after all the seven facilities are complete and will work under the Ministry of Heavy Industries. The setting up the seven specialised testing facilities under NATRiP were expected to cost Rs 1,800 crore, but as these could not be completed on time, the cost has escalated to Rs 3,800 crore.