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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
SKH collaborates with Magna International for automotive innovations
This alliance is set to enhance product offerings, broaden market reach, and push technological boundaries in the automotive industry.Read more
TVS Motor to invest Rs 22 billion in FY2; 50% to capex
TVS Motor's recent acquisition, Norton Motorcycles, will see the launch of six new products over the next three years. Read more
SIAM hosts 10th automotive logistics conclave on enhancing automotive logistics
The conclave explored the most recent advancements and strategies that are expected to influence the future of the automotive logistics sector in India.Read more
Nitin Gadkari announces expansion in ethanol vehicle production
Toyota has recently committed to investing Rs 200 billion in a new plant in Aurangabad, Maharashtra, for manufacturing flex-fuel cars.Read more
Tyre manufacturer Continental might spin off automotive-electronics division
The potential move is aimed at enhancing flexibility and allowing the company to adapt more effectively to dynamic market conditions and the evolving software-driven technology landscape.Read more
Bangladesh crisis causes major losses to Indian auto manufacturers
Data from the Ministry of Commerce and Industry shows that Indian two-wheeler exports to Bangladesh were 3.6% by value in FY24, down from 3.69% in FY23 and 3.72% in FY22.Read more
Minda Corporation reports consolidated revenue of Rs 11.92 billion for Q1 24
During the quarter, the company signed a Joint Venture Agreement with HCMF for Automotive Sunroof Solutions and Closure Systems. Read more
Tata Motors launches India’s first SUV Coupe-Curvv.ev
The car is priced at an attractive starting price of Rs 1.749 million with a long driving range of 585 km.Read more
BorgWarner receives BEV electric orders from global OEMs
BorgWarner’s eXD technology is applicable to all architectures, including front and rear drive units for electric, hybrid and ICE vehicles, and offers a wide range of selectable modes depending on vehicle performance needs.Read more