MUMBAI: Times Internet (TIL), India’s leading online network, continued its expansion into various niche verticals with the launch of ETAuto.com. The Economic Times Auto or ETAuto.com will provide the most comprehensive and in-depth coverage of news apart from being a platform for knowledge on automotive industry.
Honourable Union Minister for Heavy Industries & Enterprises, Shri Praful Patel while unveiling the portal said, "Digital media is going to be the future. I am delighted to launch the ETAuto.com and I think it is going to set a trend for serious business journalism online.”
ETAuto.com has received widespread support and encouragement from top industry bodies like Society of Indian Automobile Manufacturers Association (SIAM), Automotive Component Manufacturers Association of India (ACMA), Federation of Automobile Dealers Association (FADA) and Automotive Tyre Manufacturers Association (ATMA) among others.
Speaking on this occasion, Satyan Gajwani, Chief Executive Officer, Times Internet, said, “We hope that ETAuto.com will become the most preferred platform to read real time developments in the automotive industry in the form of news, views, blogs and interviews. We are happy to get associated with all the major auto industry associations. This initiative will serve as a platform for all the stake holders to exchange ideas and best practices.”
The new venture envisages various segments of automotive business including components, OEMs, policy, Aftermarket and auto technology.
Vishnu Mathur, Director General, SIAM said: “We are delighted to extend our support to ETAuto.com. Being a digital platform it will have the advantage of offering information in the most convenient form for the readers.”
ETAuto.com also reaches to its readers through a comprehensive daily E- Newsletter, summarising day’s news and analysis and has got over 10,000 pre-launch readership of decision makers, policy makers, investors and professionals from automobile industry in India. “The daily E-Newsletter is a great source of information and helps us update with all the developments, this is something we always wanted," said Nikunj Sanghi, Director International Affairs & Global Relations, FADA.
The industry currently accounts for almost 7% of country’s GDP and employs about 19 million people both directly and indirectly. Mr Vinnie Mehta, Executive Director, ACMA wished ETAuto.com all the success and said, “ACMA is indeed happy to have associated itself and supported this initiative from the beginning.”
ETAuto.com deems to play pivotal role in facilitating B2B transactions by publishing relevant data, information, survey, reports and other material on the automotive industry in association with Knowledge Partner Ernst & Young.
Rakesh Batra, Partner & National Leader - Automotive practice, E & Y said, "We at E & Y are privileged to be associated with ETAuto.com as the knowledge partner. Together, we shall strive to provide valuable industry updates with insightful analysis in developing a world-class automotive industry in India.”