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Tariff impact may cost Indian auto exporters Rs 27-45 billion: ICRA

The Indian auto component industry demand continues to benefit from a diversified mix of end-user segments and geographies, with over 70% of its revenues coming from domestic sales. Read more

Auto industry safety in reverse gear: ICRA study

The automobile industry recorded a 33% increase in Total Recordable Work-Related Injuries (TRWRI) among workers, a 42% rise in Lost Time Injury Frequency Rate (LTIFR), and no reduction in High-Consequence Work-Related Injuries (HCWRI). Read more

India’s Li-ion battery sector to see investments over ?750 billion by 2030: ICRA

By FY2025, demand for Li-ion battery cells in India is expected to reach 11-13 GWh.Read more

Trump 2.0 may boost Indian pharma opportunities

Experts highlight that higher tariffs on Chinese goods might enable Indian firms to fill supply gaps in the US generic drug market, a critical region that accounts for 30% of Indian pharma sales and 40% of global volume share.Read more

Sales of Indian MCE industry to fall by 5-7% in FY2025: ICRA

Road construction accounts for 35-45% of MCE sales in India, followed by mining (20-30%), real estate (10-20%) and other sectors (railways, water supply, power etc.).Read more

India's MCE industry set for 70-80% expansion in 5 years: ICRA

The MCE industry, driven by the country’s infrastructure-led growth, has already witnessed a compound annual growth rate (CAGR) of 12% over the past decade (FY2015-FY2024), reaching 136,000 unit sales in FY2024.Read more

MCE component localisation levels to rise 70% in 5-7 years; ICRA

The Indian mining and construction equipment (MCE) industry is the third largest in the world in terms of volumes sold, however, it imports nearly 50% of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others.Read more

AICRA to host world’s biggest robotics championship - TechnoXian; August 24-27

The 8th edition of the event will bring together over 2,500 teams from 46 countries, with 12,000+ participants, setting a new world record for participation.Read more

India’s API industry expected to grow 7-8% in FY25

The operating profit margin (OPM) is forecasted to rise to 12-14%, up from 11-13% in the previous fiscal year.Read more

Indian MCE industry reports 5% Y-o-Y growth in Q1 FY2025: ICRA

Road construction drives 35-45% of MCE sales in India followed by mining (20-30% share), real estate (10-20%), and othersRead more

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