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Budget 2025: Auto industry highlights and reactions

MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more

Tata Power EZ Charge shows EV charging solutions at Bharat Mobility 2025

The stall featured innovative solar-powered chargers and advanced charging solutions that emphasise renewable energy utilisation.Read more

Govt approves Rs 2.46 billion PLI incentive for M&M, Tata Motors

The PLI scheme, launched on September 15, 2021, is designed to strengthen India’s manufacturing capabilities in AAT products, improve cost competitiveness, and develop a robust supply chain. Read more

SIAM holds Automotive Sourcing Conclave 2024

The sessions explored innovative solutions to enhance supply chains for EVs, adopt emerging technologies in sourcing, and harmonise regulatory compliance with operational resilience for a competitive edge.Read more

Slowing demand to curb auto component revenue growth to 6-8%

Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more

Mahindra debuts electric origin SUVs named XEV 9e and BE 6e

The SUVs will premiere globally at UNLIMIT INDIA, on November 26, 2024, in Chennai.Read more

India's automobile exports rise 14% in April-September; Driven by PVs and e2W

In FY24, India’s automobile exports declined 5.5%, totalling 45,00,492 units, compared to 47,61,299 units in FY23, due to global financial pressures. Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

Ford to resume manufacturing in India for export markets

With engine manufacturing operations in Sanand, India remains Ford's second-largest salaried workforce globally.Read more

China orders automakers to avoid investing in India to safeguard EV technology

The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more

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