Mahindra Secures Record 35,000-Unit Export Order for Indonesia Cooperative Project

Indian multinational automaker Mahindra & Mahindra has announced a landmark export deal to supply 35,000 Scorpio Pik Up vehicles to Indonesia in 2026, marking the company’s largest-ever export order. The vehicles will be delivered to Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, as part of the Koperasi Desa/Kelurahan Merah Putih (KDKMP) Project. The order exceeds… Continue reading Mahindra Secures Record 35,000-Unit Export Order for Indonesia Cooperative Project

India’s Rare Earth Strategy: Building Domestic Magnet Production Capacity

India has unveiled a comprehensive strategy to develop domestic rare earth permanent magnet manufacturing, announcing dedicated corridors across four states in the Union Budget 2026-27. The budget identified Odisha, Kerala, Andhra Pradesh, and Tamil Nadu as sites for rare earth corridors focused on mining, processing, research, and manufacturing activities. The initiative builds upon a ₹7,280… Continue reading India’s Rare Earth Strategy: Building Domestic Magnet Production Capacity

Cybersecurity Flagged as Key Challenge for Smart Mobility at SIAT 2026

Cybersecurity has emerged as one of the major challenges in the development of smart mobility solutions, experts said at the recently concluded Symposium on International Automotive Technology (SIAT) 2026. Speaking at the closing ceremony, Dr Reji Mathai, Director, Automotive Research Association of India (ARAI), said cybersecurity was identified as a critical concern during expert discussions… Continue reading Cybersecurity Flagged as Key Challenge for Smart Mobility at SIAT 2026

Sonalika Tractors Records Fastest-Ever 1.51 Lakh Unit Sales in 10 Months

Sonalika Tractors has reported its fastest year-to-date sales performance, recording 151,604 tractor units during the April 2025 to January 2026 period, marking a significant achievement as the company enters its 30th anniversary year. The sales performance reflects sustained demand for agricultural mechanization amid favorable rabi sowing conditions and ongoing rural infrastructure investment. Sonalika, India’s largest… Continue reading Sonalika Tractors Records Fastest-Ever 1.51 Lakh Unit Sales in 10 Months

Yokohama India Expands Bengaluru Presence with New Madhus Tyre Centre Partnership

Yokohama India has expanded its retail footprint in Bengaluru by inducting Madhus Tyre Centre into its exclusive Yokohama Club Network (YCN). The partnership aims to meet growing demand for premium tyres and professional service solutions in one of India’s key automotive markets. Madhus Tyre Centre, a long-standing Yokohama India partner, brings established retail presence and… Continue reading Yokohama India Expands Bengaluru Presence with New Madhus Tyre Centre Partnership

Kinetic Engineering Reports 33% Revenue Growth in Q3

Kinetic Engineering Ltd. (KEL) reported a 33% year-on-year increase in consolidated revenue from operations for the quarter ended December 2025, supported by higher manufacturing activity and rising traction in its electric vehicle (EV) business. Consolidated revenue from operations stood at ₹38.37 crore in the December quarter, compared with ₹28.90 crore in the corresponding period last… Continue reading Kinetic Engineering Reports 33% Revenue Growth in Q3

KPIT Deploys Vehicle Relationship Management Solution on Salesforce Platform

KPIT Technologies announced an Outsourcing Service Provider partnership with Salesforce on February 3, 2026, to deploy its Vehicle Relationship Management solution on Salesforce’s CRM platform for global automotive OEMs and mobility providers. The partnership addresses aftersales transformation challenges in the passenger car, trucks and off-highway industries, where manufacturers face demands for exceptional customer experiences, revenue… Continue reading KPIT Deploys Vehicle Relationship Management Solution on Salesforce Platform

Castrol India Posts Highest-Ever Revenue in FY25; Volumes Rise 8%

Castrol India Limited on Tuesday reported its highest-ever annual revenue for FY25, supported by sustained volume growth for the eighth consecutive quarter, expansion of its industrial business and deeper penetration into rural markets. The lubricant maker’s revenue from operations rose 7% year-on-year to ₹5,722 crore in the calendar year ended December 31, 2025, while EBITDA… Continue reading Castrol India Posts Highest-Ever Revenue in FY25; Volumes Rise 8%

Eurogrip Tyres Opens 11th Signature Store in New Delhi

Eurogrip Tyres, India’s leading two and three-wheeler tyre brand from TVS Srichakra Limited, has inaugurated its 11th branded signature store in West Delhi, advancing the company’s national expansion strategy. The retail outlet, which opened on January 29, strengthens Eurogrip’s presence in the national capital, identified as a high-potential automotive market with significant vehicle density and… Continue reading Eurogrip Tyres Opens 11th Signature Store in New Delhi

Varroc Engineering Secures Contract for AC Bi-Directional Wall Chargers

Varroc Engineering announced on 3rd February 2026 that it has secured a contract with a leading global electric vehicle OEM for the supply of AC bi-directional wall chargers for electric vehicles, marking a significant expansion in the company’s electric mobility ecosystem. The strategic partnership reinforces Varroc’s position as a trusted global partner for advanced automotive… Continue reading Varroc Engineering Secures Contract for AC Bi-Directional Wall Chargers