Auto Makers Report Strong Growth in January 2024 Sales

02 Feb 2024 CW Team

Several prominent auto manufacturers, spearheaded by Hyundai Motor India, have begun the year 2024 on a positive note, showcasing substantial growth in their January sales figures. Hyundai Motor India specifically reported an impressive surge in sales, marking a significant increase compared to the same period in the previous year.

The automotive industry's positive momentum is indicative of a buoyant market, with consumers showing a keen interest in new vehicle purchases. Hyundai Motor India's notable performance adds to the optimism, underscoring the brand's popularity and the appeal of its vehicle lineup.

This encouraging start to the year bodes well for the overall health of the automobile sector, suggesting a robust demand that is propelling sales upward. The positive trend in January sales not only reflects consumer confidence but also hints at the industry's resilience amid changing economic dynamics.

As the automotive landscape continues to evolve, the strong sales performance in the initial month of 2024 sets a promising tone for the industry, fostering anticipation for continued growth and innovation in the coming months.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..