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Indian automobile sector sees mixed growth in Q2 2023-24

According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales in India experienced a 1.87% year-on-year increase, reaching 3,61,717 units last month.Read more

VinFast Auto explores Indian manufacturing, eyes entry into EV market

VinFast Auto proceeds with this investment plan, it would mark a significant milestone as the first Vietnamese automaker to establish a presence in India.Read more

Maruti Suzuki targets record exports and expands electric portfolio

Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more

UAW escalates strikes, shuts down Ford's key plant, threatens Stellantis

In an unexpected move on, 8,700 union members at Ford's Kentucky truck plant in Louisville left their jobs. Union President Shawn Fain hinted at further action against Stellantis, expressing hope for more productive talks.Read more

Yaskawa unveils Motoman GP20: Redefining precision in automation

Far beyond a mere machine, the GP20 epitomises cutting-edge technology, unmatched precision, and unparalleled speed.Read more

Wipro Pari acquires majority stake in Italy's Ferretto Automation

This acquisition will help Wipro to expand its offerings beyond the in-factory automation solutions to both industrial, CPG (Consumer Products Group), retail and e-commerce warehousing, storage and automation solutions.Read more

Rajnath Singh to inaugurate the India Manufacturing Show, 2023

Laghu Udyog Bharati-Karnataka in association with IMS Foundation is hosting a three-day 6th Edition of India Manufacturing Show 2023 scheduled for November 2-3-4, 2023 at BIEC in Bangalore.Read more

Indian Auto retail surges: Record sales propel optimism despite inventory concerns

Indian automobile retail sales in September showed a 20% increase compared to the same period last year, reaching a total of 1.89 million units.Read more

Exporter Status certificates to be issued automatically on available data

Under the new system, introduced during a meeting with Commerce and Industry Minister Piyush Goyal and Export Promotion Councils, exporters no longer need to apply to the Directorate General of Foreign Trade (DGFT) for a Status Certificate.Read more

Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore

The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more

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