Market News

Maruti Suzuki India clocks 15 lakh vehicle exports
Maruti Suzuki India clocks 15 lakh vehicle exports
1 October 2016

 Passenger vehicles market leader Maruti Suzuki India has clocked cumulative exports of 15 lakh (1.5 million) vehicles. These vehicles have been exported to over 100 countries including Europe, Latin America and Africa, the company said in a statement. Early this year, the company's premium ha . . .

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Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry
Ethiopia: Ministry Says Govt Committed to Develop Automotive Industry
24 September 2016

 The Ministry of Industry said that though the metal and engineering industry is at infant stage, it is playing crucial role in building the country's economy and advancing the technological capability of the nation.   Speaking at the signing of automotive assembly partnership agreement . . .

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Tanzania pushes for gas-powered vehicles to save cost
Tanzania pushes for gas-powered vehicles to save cost
23 August 2016

 In the abundance of natural gas deposits in Tanzania, the public is advised to convert their petrol or diesel-fueled vehicles to natural gas so as to save cost and reduce carbon emissions.   With an initial investment of 65 million dollars, the Tanzanian government implemented a project . . .

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Tanzania: Government Plans to Build New Tyre Factory
Tanzania: Government Plans to Build New Tyre Factory
18 August 2016

Dodoma — The government plans to put new tyre plant that deploys modern technology in order to meet the present market demands and standards.   Permanent Secretary in the Ministry of Industry, Trade and Investment Dr Adelhem Meru, briefed the Public Accounts Committee (PAC) in Dodoma ye . . .

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Tanzania: U.S.$110 Million Tractor Factory to be Financed by Poland
Tanzania: U.S.$110 Million Tractor Factory to be Financed by Poland
23 July 2016

Dar es Salaam — Tanzania has secured a $110-million soft loan from Poland to establish a tractor assembling factory that will enhance the agriculture sector, the government has confirmed.   The Permanent Secretary in the Ministry of Industry, Trade and Investment, Dr Adelhem Meru, said . . .

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