Tata Motors, one of the big automobile companies, has requested the Central Government not to give tax exemption on hybrid cars. Toyota, the leading company in the hybrid car segment, had demanded a tax cut on hybrid vehicles. Tata Motors has its presence in both the Internal Combustion Engine (ICE) and Electric Vehicles (EV) segments….
Hyundai Motor, one of the big automobile companies, has offered discounts on many of its models this month. This includes Exter SUV, Grand i10 Nios, i20 and sub-compact SUV Venue. There is no discount on the company’s Creta which is sold in large numbers. a media Report According to , the highest discount is being…
German luxury car maker Mercedes-Benz expects sales growth in India to be double-digital in the current financial year. Mercedes-Benz holds the first position in the country’s luxury car market. It plans to take advantage of the increasing demand for premium cars. This week the company has launched Maybach GLS 600 4MATIC SUV and AMG S…
From next year, companies will have to get approval from the central government again for importing laptops and tablets in the country. Guidelines for this will be issued soon. Import management system was started in the country about two years ago. In this, companies have to register the quantity and value of their laptops and…
Sales in the country’s luxury car market have grown rapidly in the last few years. In the first half of this year, Germany’s Mercedes-Benz ranks first in this market. The company’s sales grew by about nine percent to 9,262 units. BMW is in second place, selling 7,089 units. Mercedes has got a large share of…
Import of laptops, personal computers, and tablets has been banned in the country. The central government has taken this decision to increase local manufacturing. This may have a big impact on the import of laptops and personal computers from China. The import of electronics in the country during April to June was around $ 19.7…
Apple, Samsung and HP, among the major companies making devices, have stopped importing laptops and tablets into India. The central government on Thursday banned the import of these devices without a license. Its aim is to increase local manufacturing of electronics. However, this decision of the government has affected the personal computers, Laptop And tablet…
South Korean consumer electronics company Samsung has prepared to increase manufacturing in India. The company’s smartphones are already being produced in the country. Samsung may also manufacture laptops in its factory in Greater Noida, Uttar Pradesh from next month. This will give a boost to the Make in India scheme of the Central Government. Under…
HP, which makes devices such as personal computers and laptops, has partnered with technology company Google to manufacture Chromebook laptops in India. Chromebooks will be manufactured at HP’s factory near Chennai in Tamil Nadu. The company has been manufacturing desktops and laptops in this factory for about three years. American devices maker Apple and South…
Licensing will not be implemented for import of computers and laptops in the country. However, shipments of these devices will be monitored. Earlier in August, the central government had announced the implementation of licensing requirement for import of some products including computers, laptops and tablets from November 1. Commerce Secretary Sunil Barthwal told reporters told“We…
