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Isuzu doubles production, rolls out 100,000 vehicles in two years

Isuzu’s journey in India began in 2016 with the establishment of its Sri City facility.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

Riding the Trump triumph wave!

Riding the Trump triumph wave!Read more

Gulf Oil and Piaggio India renew lubricant partnership for commercial vehicles

The partnership will cover the full spectrum of lubricants, including advanced BS VI oils and new EV fluids, developed to meet the evolving needs of Piaggio India’s growing customer base.Read more

Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Indian drone industry is witnessing rapid expansion: Rama Krishna

In this exclusive interview with Rakesh Rao, Rama Krishna, Co-founder & CEO, EndureAir Systems, elaborates on the evolution of drone technology in India and their utilities in modern-day warfare and other applicationsRead more

Atul Greentech and Jio Platforms partner to drive innovation in EVs

This collaboration leverages Jio's advanced IoT mobility technology, integrating cutting-edge hardware, software, and connectivity to provide real-time telematics data and high reliability for users.Read more

Kinetic Green appoints Manav Mehra as senior executive VP of 2-wheeler SBU

His focus will be on expanding the dealer network, boosting market penetration, towards service and sales excellence, and strengthening brand presence across the country.Read more

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