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Lumax Auto sees 36% revenue surge in Q1 FY26 on strong automotive demand
Lumax Auto Technologies posts Rs 1,026 crore revenue in Q1 FY26, up 36% YoY, with PAT rising 30% to Rs 54 crore, supported by strong OEM, aftermarket, and subsidiary growth.Read more
Varroc Engineering’s PBT rises 54% in Q1 FY26 on strong auto components demand
Varroc Engineering posts Rs 20.3 bn revenue in Q1 FY26, PBT before exceptional and JV profit up 54% YoY to Rs 822 million, driven by robust India and overseas operations.Read more
Ammann India Expands ABG Paver Production and Aftermarket in Gujarat
Ammann India rolls out its first ABG Paver and launches a high-tech parts warehouse in Gujarat, boosting local manufacturing, service support, and exports for road construction equipment.Read more
US tariff puts Indian auto components, tyre exporters on edge
A 25 per cent US tariff on Indian imports strains tyre and auto component exports, while domestic sales in June 2025 show mixed trends across passenger, commercial, and two-wheeler segments.Read more
Path to Component Independence
India’s electronics sector is on an impressive growth trajectory. According to Commerce Ministry data, electronics exports surged 47 per cent during April–June this fiscal to $12.41 billion. Read more
Tata Motors acquires Italy-based Iveco Group for EUR 3.8 billion
The agreement, which excludes Iveco's defence business, aims to create a commercial vehicles group with the reach, product portfolio and industrial capability to be a global champion in this dynamic sector.Read more
WIN sets up Wipro Electronic Materials to Boost India’s PCB manufacturing
Wipro Infrastructure Engineering (WIN) has set up Wipro Electronic Materials, India’s first copper-clad laminate facility with an investment of Rs 5 billion, to strengthen PCB manufacturing, create jobs, and enhance the country’s electronics ecosystem.Read more
Rigol Technologies Launches DG5000 Pro Series Waveform Generator in India
Rigol Technologies has introduced the DG5000 Pro Series in India, an advanced multi?channel waveform generator with up to 8 isolated channels, 500?MHz output, and high?precision testing features.Read more
SamridDHI Hosts Rotating Machinery Bootcamp at Pune's COEP Tech University
SamridDHI, under FSID and backed by the Ministry of Heavy Industries, held a three?day Rotating Machinery Bootcamp at COEP Tech University to train students in turbines, compressors, and pumps.Read more
Can the new RDI scheme be a game-changer for R&D in India?
India spends just 0.64 per cent of its GDP on R&D (compared to global average of above 2 per cent). The new Research Development and Innovation (RDI) scheme, with a corpus of Rs 1 trillion, can change this equation, says Rakesh Rao.Read more