Many of the changes occurring within the automotive market immediately, including tightened credit score markets in a capital-intensive industry and elevated authorities involvement are the latest world challenges. In 1897, Frank Shuman , a US inventor, engineer and photo voltaic power pioneer constructed a small demonstration solar engine that labored by reflecting solar power onto square containers full of ether, which has a decrease boiling point than water and have been fitted internally with black pipes which in flip powered a steam engine. In 1908 Shuman shaped the Solar Power Company with the intent of constructing bigger solar power plants. He, along together with his technical advisor A.S.E. Ackermann and British physicist Sir Charles Vernon Boys , quotation wanted developed an improved system utilizing mirrors to replicate photo voltaic energy upon collector packing containers, growing heating capability to the extent that water might now be used as a substitute of … Read More
The Indian unit of the world’s largest auto-parts supplier is grappling with a severe shortage of imported components, hampering its ability to cater to the automotive market demand in Asia’s third-largest economy.
“Imports of Bosch India Ltd. has been impacted with severe supply shortage for imported microprocessors (semiconductors), leading to reduced ability to deliver to the automotive market demand in India,” the company said in an exchange filing on Tuesday.
Bosch, which is a key supplier to most Indian automakers, said the steep escalation of demand in consumer electronics industry driven by safety and hygiene sentiments, coupled with the rise of 5G connectivity, has led to surge in global demand of semiconductors.
The supply crunch will have implications for India’s auto industry. “For a lot of OEMs (original equipment makers), they are the single-part vendors, and they have a lot of monopoly in the Indian market,” Puneet Gupta, associate director
The coronavirus pandemic’s hurting the industry real bad.
The new coronavirus pandemic has been a menace to the world ever since the disease started to spread early this year. As of date, there are 3.34-million tallied cars worldwide, resulting in around 240,000 casualties.
With strict lockdowns and preventive measures in place, mobility is absent and businesses have been hampered. One of the biggest industries that are getting pummeled is the automotive industry, of course. With a drastic drop in demand, as well as the complete closure of dealerships, auto sales have been taking a hard hit. That’s the exact case that has been happening in India.
India’s Business Today reported that the country sold zero passenger cars for the month of April. Yes, that isn’t a typo – India’s $120 billion automotive industry registered zero sales last month amid lockdowns and astringent measures to curb the spread of coronavirus,
By Sankalp Phartiyal
NEW DELHI (Reuters) – India has ordered all public and private sector employees use a government-backed contact tracing app and maintain social distancing in offices as it begins easing some of its lockdown measures in districts less affected by the coronavirus.
Prime Minister Narendra Modi’s government said on Friday India, with the world’s second-largest population after China, would extend nationwide curbs for another two weeks from Monday, but allow “considerable relaxations” in lower-risk areas.
India last month launched the Aarogya Setu (Health Bridge) app, a Bluetooth and GPS-based system that alerts users who may have come in contact with people who later test positive for COVID-19.
“Use of Aarogya Setu shall be made mandatory for all employees, both private and public,” the Ministry of Home Affairs said late on Friday.
Company heads will be held responsible “to ensure 100% coverage” among employees.
Officials at the technology ministry