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News and Views About the Auto Sector in IndiaWeekly news updates on trends and happenings in the Indian Automobile IndustryFinally, the F1 in Delhi will become a reality in 2009. The other major news is that Renault is planning to launch a Rs1.5 lakh car in India and this is sure to be competition for the small Tata car on anvil. An interesting trend is better association between industry-academia with car manufacturers tapping young engineers for design. - Chillibreeze Business Research Team
Automotive player ETAS enters India To begin with, ETAS will focus on Test and Validation Division and the Measurement and Calibration Division. Renault's small car to cost less than Rs 1.5 lakh This is sure to be competition for the Rs 1 lakh car of the Tata group. Auto cos on catch 'em young mission The first BAJA (pronounced Baha) SAE India 2007 will be held at Pithampur near Indore from December 21-23. Mahindra and Mahindra, Ford India, JK Tyres, Bharat Forge, Emitec, Lucas TVS, M&M and Charutar Vidya Mandal are sponsors to the event. The organizers are hopeful that other companies would join. Each of the teams will be supplied with transmissions from M&M and 9 HP petrol engines by Lombardini India. sponsors will shell-out a cheque of Rs 2 lakh per team, to be backed strictly against bills of expenditure. Truck sales slowdown may not impact tyre cos in Q1 This is primarily due to replacement demand during the summar months (March-June) IOA signs deal for F1 race in Delhi Malaysia (Sepang International Circuit in Kuala Lumpur), Bahrain (Bahrain International Circuit in Sakhir), Japan (Fuji Speedway in Oyama) and China (Shanghai International Circuit in Shanghai) are the other four Asian countries where F1 races take place. Honda plans India-only 100 cc bike
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