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Avishek Banerjee

The author is a Senior Correspondent at BW Businessworld. He has have close to 9+ years of experience in journalism in the B2B space

Latest Articles By Avishek Banerjee

Auto Dealers Saddled With BS-III Vehicles Worth Rs 5,000 Crore: FADA

Avishek Banerjee

With the implementation of BS-IV norms across the country starting 1 April 2017, many automobile manufacturers still have unsold vehicles worth Rs 4,500 crore lying at their dealership outlets that are no longer compliant with the latest emission norms

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Commercial Vehicle Makers Bank On Hi-Tech Powertrains To Stay Competitive

Avishek Banerjee

While carmakers were already selling BS-IV compliant vehicles in Tier I cities, many bus and truckmakers were adopting a wait-and-watch approach as most of their customers were buying vehicles from Tier II and Tier III cities

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Orix Auto Anticipates 300% Growth In Its Self-drive Car Rental Biz

Avishek Banerjee

Orix Auto Infrastructure, the Indian arm of the Japanese car leasing firm Orix Corporation, is anticipating a 300% growth in ‘MYChoize Self Drive Cars division, wherein it will be pumping in $20 million to ramp up its operations

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Ride-Hailing Services Will Change The Face Of Urban Mobility In India: SIAM

Avishek Banerjee

In an exclusive chat with BW Businessworld, Vishnu Mathur, director general, Society of Indian Automobile Manufacturers, said ride-hailing services offered by Ola, Uber, etc, will change the face of urban mobility in India

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Hyundai India Rolls Out All New Xcent, To Pump In Rs.5,000 Crore By 2021

Avishek Banerjee

Close on the heels of presenting the 2017 edition of its Grand i10 hatchback, Hyundai Motor India has launched the refreshed version of its Hyundai Xcent sub-compact sedan that will co-exist with its older variant earmarked for fleet operators

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Automakers Toeing Make In India Initiative With Robust Exports

Avishek Banerjee

Indian automobile industry exported a total of 758,830 units of passenger vehicles in FY 2016-17 as against 653,053 units in FY 2015-16, thereby registering a growth of 16.2 per cent

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'Droom Targets Rs 7,500 Crore GMV By FY 2017-18'

Avishek Banerjee

The e-commerce company is aiming at a gross merchandise value of Rs 7,500 crore and net revenues worth Rs 120 crore by FY 2017-18, Droom founder and chief executive officer Sandeep Aggarwal told BW Businessworld in an interview

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Indigenously-Built Jeep Compass To Hit Indian Roads Soon

Avishek Banerjee

FCA India, a wholly-owned subsidiary of Fiat Chrysler Automobiles, is all set to roll out the Jeep Compass from its Pune manufacturing facility by June 2017

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SIAM Projects Modest Sales Growth Of 7-9% In PVs During FY 2017-18

Avishek Banerjee

Despite clocking record domestic sales of 3 million units (at 9.23 per cent growth) in the PV segment during FY 2016-17, the Society of Indian Automobile Manufacturers (SIAM) is anticipating a modest sales growth of 7-9 per cent in FY 2017-18

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