Avik Chattopadhyay, Chairperson of XADM and Founder of INDEA The Indian School for Design of Automobiles (INDEA), part of XLRI’s Centre for Automobile Design & Management (XADM), showcased its vision for a premier automotive design school at the Bharat Mobility Global Expo 2025. INDEA aimed to connect with industry professionals and future students, gathering insights… Continue reading INDEA showcases its vision for India’s first dedicated school for automotive design at Bharat Mobility Global Expo 2025
Author: Economic Times of India Online News
Gartner reveals key automotive trends influenced by emission regulations and trade tensions for 2025
Chinese automakers possess a competitive advantage in software and electrification, due to vertical integration and efficient development processes. Gartner predicts that software and electrification will continue driving the automotive industry’s transformation in 2025, but uncertainties around emission regulations and trade tensions, particularly with China, will present challenges. Gartner anticipates a 17% growth in electric vehicle… Continue reading Gartner reveals key automotive trends influenced by emission regulations and trade tensions for 2025
Aerome partners with MG Select to introduce luxury fragrances for enhanced customer experience
Aerome’s signature fragrance for MG Select showrooms and service centers is called Amber Trail. Aerome, a premium ambient scenting company, has partnered with MG Select, MG Motor’s premium retail chain, to create signature fragrances for MG’s newest vehicles and retail spaces. This collaboration aims to enhance the customer experience through bespoke scents designed to reflect… Continue reading Aerome partners with MG Select to introduce luxury fragrances for enhanced customer experience
1.5k exhibitors in Bharat Mobility Global Expo 2025
Maruti Suzuki India unveiled its first battery electric vehicle e VITARA, which will be exported to over 100 countries, while Hyundai Motor India launched Creta Electric. Bharat Mobility Global Expo 2025 came to a close on Wednesday after witnessing around 200 product unveils across automotive, components and technology, with the government planning to seek industry… Continue reading 1.5k exhibitors in Bharat Mobility Global Expo 2025
‘Simple tax and more push’: What the EV industry expects from Finance Minister Nirmala Sitharaman
“Streamlined tax policies could also bridge affordability gaps for consumers. Initiatives such as reduced interest rates on EV loans and targeted subsidies would make EVs more accessible.” The Union Budget 2025 is a pivotal moment for India’s electric vehicle (EV) industry. With the government aiming for 30per cent EV penetration by 2030, there is a… Continue reading ‘Simple tax and more push’: What the EV industry expects from Finance Minister Nirmala Sitharaman
Essar Renewables lines up INR 8,000 crore green push in Maharashtra
This collaboration represents a crucial milestone in our renewable energy projects and also establish us a formidable player in the sector,” the statement quoted company CEO Ankur Kumar as saying. Essar Renewables Ltd (ERL) has signed an MoU with the Maharashtra government envisaging an investment of Rs 8,000 crore in a mix of projects in… Continue reading Essar Renewables lines up INR 8,000 crore green push in Maharashtra
Green fuel, EV unit, renewable energy projects coming to Vidarbha
Total investments in Vidarbha are to be INR 94,000 cr. A major MoU for an investment worth INR 16,000 cr for a green fuel project at Nagpur was signed by Hezero Industries with potential to create 10,000 jobs. The project is expected to come up at Butibori. Ceat Industries also signed an MoU for making… Continue reading Green fuel, EV unit, renewable energy projects coming to Vidarbha
Relief for rupee expected to be short-lived amid weak Asian peers
Uncertainty on the form and extent of tariffs that Trump will impose has meant choppy price action on the dollar index. The Indian rupee, after a small relief rally, is poised to decline on Thursday, tracking declines in Asian peers on lingering worries over U.S. President Donald Trump’s trade policies. The 1-month non-deliverable forward indicated… Continue reading Relief for rupee expected to be short-lived amid weak Asian peers
JSW Group invests INR 3 lakh crore in Maharashtra: Major boost for steel, renewable energy, and EVs
Infrastructure and cement production will also receive a boost, further contributing to the state’s development. JSW Group has committed to investing INR 3 lakh crore in Maharashtra across various sectors like steel, renewable energy, electric vehicles, and cement. This investment, announced at the World Economic Forum in Davos, is facilitated by a Memorandum of Understanding… Continue reading JSW Group invests INR 3 lakh crore in Maharashtra: Major boost for steel, renewable energy, and EVs
Hyundai Steel actively considering building US plant
Hyundai Steel is considering investing in a steel plant using the “electric arc furnace” production process in the U.S. Southeast, a company spokesperson said on Wednesday. South Korea’s Hyundai Steel, an affiliate of automakers Hyundai Motor and Kia, said on Wednesday it is actively considering building a steel plant in the United States. The move… Continue reading Hyundai Steel actively considering building US plant