INDIA CHINA AUTO
For American brands worried about China, Is India the future?
The surge of multinational brands in India's manufacturing sector signals a shift towards diversification and job creation. Companies like Shree Krishna are fulfilling substantial orders for global retailers, highlighting India's growing importance in the global supply chain.
Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
Skoda Auto's CEO Klaus Zellmer highlights India's pivotal role in the company's global strategy, noting it as the most attractive and competitive auto market. With a robust development base in Pune, Skoda plans to leverage India's potential for expansion into ASEAN and the Middle East.
Tailwinds are winning, beneficiaries of strong OEM & replacement demand from auto sector: 5 tyre stocks with upside potential of up to 38%
It is a well known fact that if demand is growing at a fast pace, higher input cost can be easily passed on to the consumer. That is probably what the tyre industry is going through currently. Recently there was an increase in natural rubber prices and fears were expressed that margins might come under pressure. But two things happened just recently, the natural rubber prices corrected and the whole of the tyre stocks witnessed a sharp rally. While the risk of headwind in terms of higher input cost stays, will the OEM and replacement demand act as tailwinds and continue to power the stocks.
We are balancing our focus on both ICE as well as EV: Anish Shah, Mahindra Group
So, all three businesses or segments will be self-funding and the numbers we have given for the auto business in terms of capex will essentially come from within the auto segment and that is something we feel is required for growth and something that will drive future growth of the company.
Diversion ahead? For Chinese EVs, the road may fork out to India
The European Union's decision to hike tariffs on cheap electric vehicles made by Chinese companies has sparked concerns about unfair competition and the impact on the global auto sector. The move could lead to a reshuffling of the market dynamics, with potential consequences for both Chinese and European automakers.
Here's why Gurmeet Chadha is bullish on Bharti Airtel
It is difficult to put incremental money in these pockets and so ABB is 50 times EV by EBITDA, 80-90 times earnings and probably the next four-five-year order book is probably in the price.
- Go To Page 1
View: Manufacturing isn’t about jobs but key to balancing trade deficits, securing geopolitical security
In a famous barnstorming speech, then-US senator Richard Nixon, battling charges of embezzlement of election funds, made an emotional appeal to voters by invoking his modest background and declaring his intention to retain his dog Checkers. This speech, known as the Checkers Speech, is a storied instance of the straw man phenomenon in the US political history.
FMCG and consumer durables poised for growth : Trideep Bhattacharya
I think the market has taken comfort over the last few days since the election result has come out, until yesterday that the ministries have been announced that broadly speaking the policy directive is likely to remain the same.
Chinese-Indian JVs may get Govt nod, but with a rider
Government might consider permitting new Chinese-Indian JVs only if the Indian entity holds a majority stake. Several manufacturing initiatives, particularly in auto and electronics components, have faced delays over the past few years. However, with the government's revised stance and the successful conclusion of the JV between MG Motor India and JSW, discussions between these firms and Chinese counterparts have resumed.
Utpal Sheth on key megatrends that can shape India's future growth
“Even one megatrend will create multiple types of opportunities, multiple types of companies and business models that you will be able to participate in. I think the way the financial savings in the country will get channelised will be another megatrend,” says the CEO of Rare Enterprises.
India remains best market for long term alpha generation: Vikas Pershad
In some areas we were taking some profits. Defence was one of them. And we were adding to some of our other holdings, some in hospitals, healthcare broadly defined. Sanjiv mentioned a good point about IT services. There has not been a broad-based recovery in earnings in that sector yet. But I think investors are making a mistake by overlooking that sector.
Leasing takes off as Make in India settles
The government's focus on Make in India and production linked incentive (PLI) schemes to promote local manufacturing has started to yield results as seen in rising leasing demand for light manufacturing and warehousing. The growth is further evidenced by a 4.5 times surge in leasing activity for light manufacturing spaces in 2023, compared to 2020.
India has a great story going for it; market levels very sustainable: Prateek Agrawal
We believe over the next month or so as that market tapers off, that bit of selling and the confusion that you see there would also subside.
Supply chain realignments position India, SE Asia as manufacturing hubs, beyond China
The government’s focus on Make in India programme and the production linked incentive (PLI) schemes to promote manufacturing has started to yield results as indicated by leasing demand for light manufacturing and warehousing. This robust growth is further evidenced by a notable 4.5 times increase in leasing activity for light manufacturing spaces in 2023, as compared to 2020, with projected year -on year growth of over 25% in 2024, shows a JLL study.
India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura
India and Vietnam are emerging as key beneficiaries of the China plus one strategy, with Nomura predicting significant growth opportunities for Asian economies. According to a report by Nomura, India's exports are projected to skyrocket to $835 billion by 2030 from $431 billion in 2023, driven by its vast domestic market attracting companies seeking supply chain diversification away from China.
Industrial policy is back. Is this what India needs for an ‘atmanirbhar’ economy?
Mere rise in GDP growth numbers are not enough. What India needs to become a global manufacturing powerhouse is a well-outlined policy that gets the wheel spinning on job creation, skills and holistic growth — especially as the world tilts towards protectionism.
India's market-cap crosses $5-trillion milestone
At the close of Thursday's trading, the market-cap of all BSE-listed companies stood at $5.05 trillion (or ₹420.22 lakh crore). India is the fifth country after the US, China, Japan, and Hong Kong whose market capitalisations have crossed the $5-trillion mark.
Lower shipments of iron & steel dragged down engineering exports in April by 3.2%
Engineering exports are expected to rise on the back of global trade pick-up in coming months, says EEPC India Chairman.
New e-car norms on way as India looks to build a China Wall on EV street
The development comes weeks after Tesla chief Elon Musk cancelled his much-hyped visit to India in April. Tesla is yet to communicate its India plans to the government under the new EV policy, the official said. Musk, who was scheduled to visit India April 21-22, postponed his visit at the last moment, citing “very heavy Tesla obligations”.
Markets moving away from consumption themes to investment themes: Manish Sonthalia
But otherwise, automobiles, banks, pharmaceuticals, capital goods they have all delivered on numbers. Metals and oil and gas was again supposed to be muted. So, I think all in all, the expectation of the result season from where we began the earnings season was a 5% to 6% earnings growth for this quarter.
Will China become the cat among India's EV pigeons?
Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellantis is considering manufacturing Leapmotor's electric vehicles in India to avoid tariffs.
Dipan Mehta gives a hard pass to specialty chemicals; will bet on agrochem stocks
Dipan Mehta discusses the cautious outlook on chemicals, interest in agrochemical plays, auto sector trends, high PE ratios in capital goods, potential investments post-election, mixed earnings season results, and concerns about overvalued EMS companies. Mehta also says: "If the government comes back with a stable majority, then the best stocks to buy would be the defence stocks, PSUs. It could be PSU banks or the PSU engineering companies."
Bullish on smaller and midcap auto ancillaries and capital goods companies: Daljeet Singh Kohli
Daljeet Singh Kohli, of Vasuki India Fund, advises diversified investment in auto theme through ancillaries to avoid overexposure. Emphasizes on mid-sized capital goods companies for growth potential amidst market volatility. Kohli says: "We are not doing anything in our portfolio, we are just sitting tight looking at day-to-day activity in the market."
Japanese auto giant Toyota posts record net profit
Helped by a weak yen and strong hybrid vehicle sales, the Japanese giant's bottom line doubled to 4.94 trillion yen ($31.9 billion) in the year to March while revenues rose 21.4 percent to 45.1 trillion yen, also an all-time high.
New sectors to take GDP trajectory higher; a large part of allocations should be in midcaps: Harendra Kumar
Harendra Kumar anticipates GDP growth over the next five to ten years to come from sectors that traditionally never existed in India. For example, EMS players are doing really well. A huge semiconductor ecosystem is going to come. We are going to see a listing of EV players. Midcaps show greater growth potential. Auto sector expected to yield big returns.
India 'shocked' as Elon Musk's surprise China visit leaves them spurned
Elon Musk's visit to China sparked controversy in India after he cancelled a scheduled trip there, prompting accusations of snubbing. Musk's China visit raised eyebrows, as he was expected to meet Modi in India and announce a major investment. The move underscores the geopolitical rivalry between the two Asian giants.
What is Tesla's Full Self Driving and why its China rollout matters
Tesla CEO Elon Musk made an unannounced visit to Beijing to discuss the rollout of Full Self-Driving (FSD) software and data transfer permissions. Musk met with Premier Li Qiang, sharing a photo on social media. Tesla cleared regulatory hurdles for FSD in China, potentially boosting competition in the auto market. The move could also help Tesla navigate regulatory challenges and declining EV sales, while aligning with China's push for technological innovation and competition in the autonomous driving sector.
China's share in India's industrial goods imports jump to 30% from 21% in last 15 years: GTRI
India's reliance on Chinese industrial products like telecom, machinery, and electronics has increased in the last 15 years. China's share in India's imports imports of these goods has surged from 21 percent to 30 percent. Beyond economic concerns, the rise raises concerns about potential impacts on national security, broadening the scope of the issue beyond purely economic dimensions.
China is charging ahead with EVs. Why is the world worried?
Concerns over China's EV dominance in Western markets are rising, with Chinese automakers like BYD offering cheap electric vehicles that undercut Western prices, leading to fears of a future market takeover. The threat of Chinese EVs has prompted global automakers to join forces and consider manufacturing partnerships to stay competitive.
Load More
