Ashwin Patil, an expert in the automotive industry, believes that Tata Motors’ passenger vehicles have the potential to bridge the gap with Maruti Suzuki in the Indian market. Read more on the Economic Times.
Tamil Nadu is targeting to become a $1 trillion economy by 2030 and has set a roadmap for growth in sectors such as sustainable mobility, semiconductors, electronics, renewable energy, and GCCs. The state’s automotive industry is transitioning to alternative fuel technologies, while the focus on semiconductors aims to contribute 40% of India’s electronics exports. Tamil Nadu’s home-grown talent and historical leadership in renewable energy are additional drivers for growth.
Maruti Suzuki, M&M, and Audi are planning to raise their prices in January.