The auto sector has seen muted demand in recent months, with April–July registrations rising only 2–3 per cent year-on-year for two-wheelers and passenger vehicles. The Indian automobile industry is poised for a demand revival with optimism building around a potential Goods and Services Tax (GST) rate reduction, according to a report by Jefferies. The rationalisation,… Continue reading GST cut likely to rev up auto demand; two-wheelers and small cars to gain most: Report
Author: Economic Times of India Online News
Co-create to accelerate: Building agility and speed with supplier collaboration
Platforms like Dassault’s 3DEXPERIENCE make this collaboration seamless by providing a single, secure digital environment where OEMs, suppliers and engineering teams can co-develop. India’s automotive industry is in the midst of rapid transformation, shaped by electrification, connected systems and stringent regulations. In such a high-velocity environment, reducing time-to-market has become not just a competitive edge… Continue reading Co-create to accelerate: Building agility and speed with supplier collaboration
Maharashtra, Uttar Pradesh lead state-wise auto sales in Q1 FY26: SIAM
ICRA anticipates modest passenger vehicle industry growth with 1-4 per cent wholesales increase in FY26, post 1.1 per cent contraction in the April–July period. Maharashtra and Uttar Pradesh emerged as frontrunners in state-wise vehicle sales in the first quarter of financial year 2025-26 (Q1 FY26), according to data released by the Society of Indian Automobile… Continue reading Maharashtra, Uttar Pradesh lead state-wise auto sales in Q1 FY26: SIAM
Delhi, Norway explore collaboration on EV policy, adoption
A member of the Norwegian team noted that the 9-metre electric buses in Delhi were particularly suited for last-mile connectivity and appeared convenient for passengers. Delhi Transport Minister Pankaj Singh on Thursday held discussions with a delegation from Norway on electric vehicle (EV) policy and adoption, with both sides agreeing to share knowledge and best… Continue reading Delhi, Norway explore collaboration on EV policy, adoption
GST cut: Jefferies upgrades Hero Motocorp but bearish on Hyundai and Tata Motors
Jefferies says a possible GST cut could boost auto demand, upgrading Hero Motocorp while retaining cautious views on Hyundai and Tata Motors. Global brokerage Jefferies has said that a potential cut in Goods and Services Tax (GST) rates could provide a major boost to auto demand, particularly in two-wheelers and small passenger vehicles, and has… Continue reading GST cut: Jefferies upgrades Hero Motocorp but bearish on Hyundai and Tata Motors
India’s auto sector accelerates in EV segment
Maruti Suzuki rolls out its first made-in-India EV, the e-Vitara SUV, from its upgraded Gujarat plant, projected to reach one million units annual capacity. The country’s largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle – the e-Vitara SUV – in a major boost to the green segment from its… Continue reading India’s auto sector accelerates in EV segment
Zypp Electric appoints former Airtel Africa Executive Mukesh Singla as CFO
Mukesh Singla as its Chief Financial Officer Zypp Electric, India’s leading tech-enabled EV rental platform, on Thursday said it has appointed Mukesh Singla as its Chief Financial Officer (CFO), effective 1 August 2025. According to the official press release, in his new role at Zypp, Singla will oversee financial strategy, operations, fundraising, investor relations, and… Continue reading Zypp Electric appoints former Airtel Africa Executive Mukesh Singla as CFO
India, Africa must deepen economic partnership to unlock growth: CII conclave
CII noted that bilateral trade between India and Africa touched $100 billion in FY24, making India one of Africa’s largest trading partners. India and Africa must strengthen their economic cooperation to unlock new growth opportunities across trade, investment, and industrialisation, industry leaders and policymakers said at the 19th CII–EXIM Bank Conclave on India–Africa Growth Partnership.… Continue reading India, Africa must deepen economic partnership to unlock growth: CII conclave
IIT Madras’ cost-effective seawater electrolyser to enable hydrogen production
IIT Madras researchers develop low-cost seawater electrolyser to produce hydrogen without rare metals. Researchers at the Indian Institute of Technology (IIT) Madras have developed a cost-effective and indigenous alkaline seawater electrolyser that can produce hydrogen without relying on hard-to-find rare metals. The advancement addresses both the cost of current technologies as well as the pressing… Continue reading IIT Madras’ cost-effective seawater electrolyser to enable hydrogen production
Trump administration is investing in US rare earths in a push to break China’s grip
US ramps up critical mineral production to reduce dependence on China and strengthen supply chains for EVs, smartphones, and defence. US production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in… Continue reading Trump administration is investing in US rare earths in a push to break China’s grip