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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

LAPP launches first bio-cable in series production for sustainable connectivity

LAPP is now working intensively on the sustainable optimisation of sheath materials and is further promoting the use of bio-based plastics. Read more

India can achieve net-zero emissions by phasing out fossil-fuel cars by 2038

In the base case ETS, passenger electric vehicle (or electric car) sales continue to rise globally, even though growth has slowed in the US and Europe as a result of regulatory and political changes, and some automakers pushing back their EV targets. Read more

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