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"Tata Motors aims to make EVs more accessible for customers"
Tata Passenger Electric Mobility Ltd (TPEML) - a division of Tata Motors – is working on a proactive strategy to drive the mainstreaming of electric vehicles in India with plans to launch multiple models by March 2026. Read more
EV startup River to open Rs 10 billion manufacturing facility in Telangana
The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more
Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India
Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more
Volvo: Despite fluctuations, EVs to be the future
In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year growth, while hybrid car sales increased by 38% to 22,300 units.Read more
Abhinava Rizel to launch hybrid EV motors for passenger and cargo 3-wheelers
In September 2022, MM Forgings put Rs 158.4 billion for an 88% stake in Abhinava Rizel.Read more
EV demand increasing rapidly in Indian cities; BloombergNEF
In 2023, Rajasthan’s capital Jaipur accounted for more than 79% of all electric cars sold in the state’s five tier 2 cities that were analysed. Read more
Indian pharmaceutical industry to expand by 9%; surpass $70 billion by FY27
Between FY13 and FY18, Indian pharma companies faced severe regulatory challenges that adversely impacted their operations and ability to launch new products in regulated markets. Read more
Indian automakers seek exemption from Chinese PCB anti-dumping duty order
Indian PCB makers say the auto industry hasn't given them firm commitments of volume, thus preventing them from investing in building capacity. Read more
Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector
Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more
PV sale volumes to grow 3%-5% in FY25; CareEdge
The industry is expected to exhibit moderate volume growth on account of a high base effect of FY24, shrinking order book and expectation of persistently subdued demand for entry-level variants in FY25. Read more
