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Euler Motors enters 4-wheeler SCV segment with over 1000 kg payload capacity

The SCV segment in India is expected to reach a market value of Rs 349 billion by FY2027, with internal combustion engine (ICE) vehicles currently leading the market.Read more

ZF Group targets €2 billion annual sourcing by 2030

The company’s growth in India will be supported by its three core areas: commercial vehicles, wind transmissions, and other advanced technologies.Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

Carraro India files draft papers for Rs 18.11 billion IPO with SEBI

The company generated 64.82% of its revenue from domestic sales last year.Read more

Danfoss stays the course in H1 2024; India remains the fastest-growing region

After three years of significant growth, the first half of 2024 has proven to be challenging for Danfoss due to lower demand in select key markets. Strong double-digit growth in H1 in India supported the Danfoss Group’s ambitious plans to double sales in the country by 2025.Read more

Škoda Auto Indiaunveils new compact SUV- Kylaq

The all-new compact SUV is Škoda Auto India’s first ever foray into the compact SUV segment.Read more

India Inc. to invest $45-50 billion annually over next 1-2 years

Moody’s projects that rated Indian companies will invest approximately $45 billion to $50 billion annually in new capacity over the next one to two years.Read more

German industrial orders fall sixth consecutive month amid weak foreign trade

The most affected sectors were mechanical engineering and the automotive industry, with orders down 0.9% and 0.7%, respectively, from May. Read more

General Motors lays off over 1,000 software and services employees globally

The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more

India's automotive sector can help reach the $1 trillion export goal

As of FY 2023, India leads globally in manufacturing three-wheelers and tractors, ranks second in two-wheelers and buses, and third in passenger vehicles and heavy-duty trucks. Read more

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