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Indian Cabinet approves 4 new semiconductor projects worth Rs 46 bn

India clears four semiconductor plants worth Rs 46 billion in Odisha, Punjab, and Andhra Pradesh, boosting defence, automotive, and electronics sectors under ISM.Read more

Japan's TDK Ventures invests in Indian electric 2W maker Ultraviolette

Ultraviolette secures $21M funding led by Japanese deep-tech investor TDK Ventures to accelerate electric two-wheeler innovation, expand retail network, and advance battery technology for global markets.Read more

Jitendra EV partners with MET’s Institute to advance electric mobility skills

Jitendra EV signs MoU with MET’s Institute of Engineering to link academic learning with real-world EV innovation through joint research, product development, and student exposure.Read more

SIAM advances India’s green mobility goals at 4th World Biofuel Day

SIAM’s 4th International Conference on World Biofuel Day highlights India’s achievements in ethanol blending, advanced biofuels, and sustainable feedstock strategies for clean mobility.Read more

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

A&D, auto businesses drive Raymond's Q1 growth with Rs 5.24 bn revenue

Raymond posts Rs 5.24 billion Q1 FY26 revenue, up 17 per cent YoY, led by strong aerospace & defence (A&D) and precision technology growth; signs key deals with Pratt & Whitney and Safran Engines.Read more

BN Group to build India’s largest oleo chemical plant; eyes Rs 250 bn revenue

Through its subsidiary, Epitome Industries India Limited, the company is setting up a state-of-the-art manufacturing plant near Kandla Port, Gujarat, with an investment of Rs 12 billion – which will be one of the largest planned investments in India’s specialty chemical sector.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

ZF Group to Supply Electric Park Brake System for EV Platform in India

ZF will supply its Electric Park Brake (EPB) system to a leading Indian OEM for its new EV platform, marking ZF's first-ever SOP for EPBs in India's passenger vehicle market, enhancing safety and efficiency.Read more

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