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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

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

India is a key pillar in BorgWarner’s global growth strategy: C Krishnamurthy

In this interview, Chandrasekar Krishnamurthy, Global Director of Product Management at BorgWarner, discusses the company’s expanding footprint in India and its pivotal role in the nation’s electric vehicle (EV) transformationRead more

Minda Corporation, Qualcomm partner to Develop Advanced Smart Cockpit Solutions

Two companies will collaborate to develop next-gen cockpit domain controllers using the Snapdragon Cockpit Platform, enhancing in-vehicle experiences and connectivity for Software-Defined Vehicles.Read more

Sixth Edition of Mitsubishi Electric Cup for automation innovation launched

This national-level competition, hosted by Mitsubishi Electric India, challenges engineering and technical students to apply industrial automation technologies to solve real-world problems.Read more

Pricol Partners with Italy's Domino to Advance Two-Wheeler Control Technologies

Pricol Limited joins hands with Italy’s Domino S.r.l. to deliver advanced two-wheeler handlebar control systems across India and Southeast Asia, reinforcing its innovation-driven growth strategy.Read more

China’s Rare Earth Elements Curb Jolts Indian Auto Sector into Action

While Rare Earth Elements (REE) based components are utilised in traditional ICE vehicles, the production of EVs is fundamentally reliant on them—without REEs, manufacturing an EV is virtually impossible, says CareEdge Ratings’ report.Read more

Can Academia-Industry Ties Power India’s Manufacturing?

India's industrial sector has exhibited tremendous resilience and appetite for growth. However, the academia-industry collaboration will be crucial for India to become a worldwide manufacturing powerhouse, writes Yogesh Pandit, Director of Product Acceleration, FSID, IISc.Read more

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