Automotive Industry

Business News

MediaTek Plans To Expand Its India Presence

After smartphones, the new growth engine for MediaTek's India market is the automotive sector. To cater to the new segment, the company is increasing its engineering presence and R&D development in India, says Anku Jain, MD, MediaTek India.
Business News

Luxury Cars: Need For Speed In Tier II, Tier III Cities

Companies such as BMW, Mercedes-Benz, Audi, Lexus, Lamborghini and others see potential in emerging markets of Tier II and Tier III cities. Ludhiana, Udaipur, Kanpur, Mysore, among others, where there are high numbers of NRIs and HNIs have seen high penetration of luxury cars
Business News

Lexus: Getting the ‘Luxe’ Factor Right For Luxury Cars

From clocking a significant amount of revenue from smaller towns to navigating the macroeconomic headwinds, Lexus has cracked the code for the Indian market. However, it is vigilant. "We need to carefully watch as we go towards the second or maybe the third quarter of 2023," says Naveen Soni, president, Lexus India
Business News

Woman on the Wheel

Myles has added 11,622 new customers in the last two years. There was an increase in overall customer requests by 84% in 2021