CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company planning to invest 1.1 billion in India for Car manufacture?
A
Tata group
B
Kia Motors
C
Mahindra group
D
Skoda group
Explanation: 

Detailed explanation-1: -BENGALURU, Dec 14 (Reuters)-Indian automaker Mahindra and Mahindra Ltd (MAHM. NS) said on Wednesday it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.

Detailed explanation-2: -Our list of upcoming new car brands comprises of 5 car manufacturers – MG Motors, Kia, Tesla, Genesis and Peugeot. All these car brands are expected to launch here by 2022.

Detailed explanation-3: -1. Maruti Suzuki. Maruti Suzuki or Maruti Suzuki India Limited was founded back in 1981 and is the leader in manufacturing cars in India. In 2020, Maruti Suzuki had a market share of 54.16 percent, however, due to the pandemic, that market share dropped to 45.61 percent in March 2021.

Detailed explanation-4: -Gurgaon and Manesar, in Haryana, are where the country’s largest car manufacturer, Maruti Suzuki, is based.

Detailed explanation-5: -Maruti Suzuki It is the largest car manufacturer in India with a market share of over 50%.

There is 1 question to complete.