Great online shopping festival (GOSF) was first hosted in 2012 with 90 merchants. This year that number has increased to 450. As customers shopping online grows in India, over the last few weeks, 5+ million users have visited the site.
Indian auto industry sales across vehicle segments on the mend in November 2014: SIAM reveals official data
Indian auto industry production in November 2014 stood at 1,994,248 vehicles (passenger vehicles, commercial vehicles, three wheelers and two wheelers), over 1,774,474 in Nov ’13 equating to 12.39% growth.
ZyFin Researchâ€™s Vehicle Purchase Sentiment Index points to Reserve Bank of Indiaâ€™s (RBIâ€™s) expected postponement of a rate cut, which in theory hinders auto sales recovery.
Indian auto industry production stood at 1,991,669 vehicles (passenger vehicles, commercial vehicles, three wheelers and two wheelers) in October 2014 down from 2,088,003 in October 2013 equating to 4.61% decline.
Indian auto industry has reacted positively to diesel price deregulation. The Indian government’s move benefits customers who can now choose car type based on preference and utility.
Through September 2014, Indian auto industry has produced 2,227,140 vehicles over 1,818,753 units in September 2013 to register 22.45% growth driven largely by two wheelers. Total production units include passenger vehicles, commercial vehicles, three wheelers and two wheelers.
ZyFin Researchâ€™s Vehicle Purchase Sentiment Index reveals buying uptrend since April this year. In September 2014, index increase was noted at 2.5 points to 17.5 to reflect moderate positives in consumer willingness to purchase a two- or four-wheeler.
6th edition of Frost & Sullivan Growth, Innovation and Leadership Award for Visionary Innovation, GIL India 2014 saw Ratan Tata receive Frost & Sullivan Growth, Innovation and Leadership (GIL) Award for Visionary Innovation.