Sunday, May 5, 2024

Mahindra, Tata Motors receive record patent approvals in FY24

M&M's patents cover a range of functions, such as powertrain (ICE & EV), vehicle mechanical systems, electronics, manufacturing processes, electric tractors, and advanced engineering, among others. Tata Motors also received its highest-ever grant of 333 patents during the last fiscal, taking its total tally of granted patents to over 850.

from Auto-Industry-Economic Times https://ift.tt/CwckRNX

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...