Electric Vehicles share to be 15% of total vehicles in India in next 5 years

The PMO (Prime Minister’s Office) has approved at least 12 measures proposed by a committee of secretaries to help achieve 15% share of EVs in total vehicle sales in next 5 years. However the govt has not formulated a separate comprehensive policy on electric mobility as was being discussed earlier. The objectives of these clearances is to hasten rollout of respective decisions by ministries to provide incentives to manufacturers, buyers as well as electric mobility infrastructure creators. In this regard on 29th Jan-19 the department of revenue had calibrated basic custom duty and GST rates on EVs to make them competitive in domestic and global markets, as well as lowered duties on raw material imported for manufacturing components. The power ministry has issued guidelines for facilitating setting up of charging stations across cities and highways, while the housing and urban affairs ministry has notified an amendment to building code and town planning rules for provisioning of EV charging stations in private and commercial buildings.

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Microdots technology to make car almost theft proof

To counter car thefts, Indian govt has decided to adopt microdots technology which is widely used in several counties including South Africa and the US. The vehicles stolen go untraced since auto-lifters take out the engines & other valuable parts before destroying the vehicles. Microdots is a technology in which thousands of micro dots are sprayed over the body of vehicle. These small laser-etched dots contain nano-size (0.5 mm) particles that carry information like unique number and vehicle identification number. These dots can be seen by using UV light and since the dots are sprayed throughout the vehicle body, it becomes easy to trace the vehicle as even a small part of the dismantled car can be used to trace the stolen vehicle. The government plans to roll out the technology as an optional system initially and the price of this feature is likely to be around Rs 1,000. The car, truck or bus would require at least 10,000 microdots, while at least 5,000 such dots would be neede

Gulf Oil enters into partnership with Mahindra Logistics to strengthen its supply chain

In order to achieve efficiencies in total cost the automobile lubricants maker Gulf Oil has announced that it is getting into partnership with Mahindra Logistics Ltd (MIL) to strengthen it supply chain. In today’s world of business logistics is a key service differentiator for efficient and on-time delivery, in a cost-effective manner to end users. An efficient logistics management ensures a robust yet compact distribution system, which will give operational advantage to companies to meet their customer demand in totality. It also helps in saving cost on warehousing , inventory management, free up the working capital and save on freight cost. A Central Distribution Centre (CDC) has been set up in Chennai with Warehouse Management Systems (WMS) to serve the entire product portfolio of Gulf Oil. MLL is the first 3PL company to work with Gulf Oil and will handle this fully compliant warehouse, the first CDC of its kind for them. Gulf Oil has plans to open similar large format warehouses

Honda Civic makes a come-back in Indian Market

One of best product from stable of Honda which was discontinued years back is all set to make its comeback in India with new looks, style and performance. Honda has recently announced to close it plant in Swindon (its only car factory in European Union) by 2021 where it builds 1,60,000 Honda Civic a year. At its Greater Noida plant in India, the company has commenced the production of the 10th generation of the Civic and is all set to launch it on Mar 7, 2019. The big addition is that the new Civic comes with a diesel heart and is far more superior over its predecessors on performance and tech wizardry. The pre-launch bookings in 3 weeks has already exceeded company’s expectations and Honda expects to capitalise on the outstanding pre-launch response. #autojobs4u #Honda #IndianMarket #automobileindustry #Automotiveupdates

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