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India eyes Bangladesh as a major auto hub

India eyes Bangladesh as a major auto hub

As Sri Lanka is engulfed by its economic crisis, the new destination for Indian auto companies seems to be Bangladesh which is on the brink of a major economic boom, spurring auto majors to look eastwards.

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Domestic demand to drive 3W market growth

Domestic demand to drive 3W market growth

After subdued 2016-17, the three-wheeler (3W) market is headed for robust growth in 2017-18 as permit restrictions for 3W removed in states such as Maharashtra and Gujarat.

In June last year, following the footsteps of Gujarat, Maharashtra decided to end the Permit Raj in the autorickshaw and taxis service segment in the cities across the state. This brought cheers to 3-wheeler makers, who were still then facing subdued growth.