This strategic series delivers actionable insights on digital transformation, operational excellence, and sustainable growth shaping the future of Indian manufacturing. New Delhi, August 4, 2025: As India races toward its ambitious $5 trillion economy target, a critical question emerges: How can the manufacturing sector, currently contributing 17 per cent to GDP, unlock its potential to… Continue reading The Economic Times and Dassault Systèmes India launch ‘India Leadership Talks’ to accelerate manufacturing transformation
Author: Economic Times of India Online News
Trump will slow, but may not stop the rise of electric vehicles
For consumers, the most visible change is the elimination of tax credits of up to $7,500 for electric vehicle purchases and leases. Sales of Teslas are plunging. General Motors and other automakers are increasing production of big pickups and SUVs. Republicans have killed incentives for electric vehicle purchases. Electric vehicles have clearly lost momentum in… Continue reading Trump will slow, but may not stop the rise of electric vehicles
Centre proposes uniform speed limits, steeper penalties for uninsured vehicles
Under the current system, while the Centre officially sets maximum speed limits for NHs and expressways, states usually impose lower limits for these highways. In a bid to address the longstanding confusion over speed limits, the road transport ministry has proposed that the Centre set the speed limits for NHs and expressways while states can… Continue reading Centre proposes uniform speed limits, steeper penalties for uninsured vehicles
Mahindra to pursue engineering actions to address rare earth magnet shortage issue: CFO Amarjyoti Barua
The company has taken steps to build inventory through alternative sources to take care of the problem, CFO Amarjyoti Barua stated. Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue ‘engineering efforts’ to address the raw material shortage situation amid growing product… Continue reading Mahindra to pursue engineering actions to address rare earth magnet shortage issue: CFO Amarjyoti Barua
India has 29,277 EV charging stations, Karnataka leads: Minister
The PM E-DRIVE scheme was launched in October 2024 to accelerate the adoption of EVs through demand incentives and expand EV charging infrastructure nationwide. There are now a total of 29,277 electric vehicle (EV) charging stations across the country, the Parliament was informed on Friday. Karnataka leads with 6,097 EV charging stations, followed by Maharashtra… Continue reading India has 29,277 EV charging stations, Karnataka leads: Minister
Surat targets 50% EV share on roads by 2030
Subsidies will vary by vehicle type and segment, making adoption economically viable. Incentives also include exemption from vehicle tax. Taking a step towards environment-friendly transport in Diamond City, the Surat Municipal Corporation (SMC) on Friday launched its Green Vehicle Policy (GVP) 2025 on Friday, setting an ambitious target of at least 50 per cent of… Continue reading Surat targets 50% EV share on roads by 2030
July auto despatches: PVs in lower gear, two-wheelers hold firm
Growth during the month was largely led by the compact segment, comprising models such as the Baleno, Celerio, Dzire, Ignis, Swift, and WagonR. New Delhi: Passenger vehicle wholesales remained sluggish in July 2025 as OEM despatches to dealerships reflected weak market sentiment and lack of fresh demand. While most carmakers reported flat or declining wholesales,… Continue reading July auto despatches: PVs in lower gear, two-wheelers hold firm
Tesla to launch first charging station in India, begins rollout from Mumbai
To support home charging, Tesla will also offer a complimentary wall connector installation with every new car purchase, the company added. American electric vehicle major Tesla is set to inaugurate its first charging station in India next week, marking a significant step in its formal entry into the Indian market, PTI reports. Located in Mumbai,… Continue reading Tesla to launch first charging station in India, begins rollout from Mumbai
From shopfloor to C-suite: Mahindra offers Diwali Esops to 14,000 employees
The Esop shares will be granted to employees on permanent payrolls with at least 12 months’ tenure in the group as of the announcement date. The Mahindra Group has announced a one-time employee stock ownership plan (Esop) grant for 12,000-14,000 employees, including shop floor workers for the first time ever. The move across three core… Continue reading From shopfloor to C-suite: Mahindra offers Diwali Esops to 14,000 employees
ICRA projects modest growth across Indian auto segments in FY26 amid mixed demand trends
India’s auto sector is set for moderate growth in FY26, driven by festive demand and economic recovery, despite supply chain and sentiment concerns, says ICRA. India’s automotive sector is expected to witness moderate growth across key segments in FY26, aided by improving macroeconomic conditions, festive demand and infrastructure push, even as concerns persist over supply… Continue reading ICRA projects modest growth across Indian auto segments in FY26 amid mixed demand trends