TVS Sells Over 2 Million Two-Wheelers for the First Time in Fiscal First-Half

TVS Motor Co is on a roll in the current fiscal year. The Chennai-based two-wheeler major, which manufactures scooters, motorcycles and mopeds, has registered wholesales of 2 million units for the first time ever in the first-half of a fiscal year (April-September). As per the latest two-wheeler industry data, TVS sold 20,04,807 scooters, bikes and… Continue reading TVS Sells Over 2 Million Two-Wheelers for the First Time in Fiscal First-Half

Maruti Baleno Turns 10 Years Old, Sells Over 2 Million Units

The Maruti Baleno, launched on October 26, 2015, has turned a decade old. Over the past 10 years, the stylish premium hatchback sold exclusively from the carmaker’s Nexa showrooms, has clocked sales of over 2 million units. This comprises 16,98,014 units in the domestic market till end-September 2025 and 396,999 units as exports till August… Continue reading Maruti Baleno Turns 10 Years Old, Sells Over 2 Million Units

UK Government Backs £1.5bn Loan Guarantee for Jaguar Land Rover

The UK Government has directed UK Export Finance (UKEF) to provide a guarantee for a commercial loan of up to £1.5 billion to Jaguar Land Rover (JLR), despite the transaction falling outside the export credit agency’s standard underwriting criteria. Secretary of State for Business and Trade Peter Kyle issued formal instructions to UKEF Chief Executive… Continue reading UK Government Backs £1.5bn Loan Guarantee for Jaguar Land Rover

ECMA Concludes 16th International Conference on Emission Control Technologies in New Delhi

The Emission Controls Manufacturers Association (ECMA) successfully concluded its 16th International Conference on “Driving Innovations in Emission Control for a Sustainable Tomorrow” at Hotel Taj Vivanta, Dwarka, on October 7-8, 2025. The conference drew participation from over 360 delegates representing government agencies, industry leaders, original equipment manufacturers, emission system suppliers, test agencies, and NGOs from… Continue reading ECMA Concludes 16th International Conference on Emission Control Technologies in New Delhi

Govt of India Approves 7 Projects with ₹5,500 Crore Investment Under Electronics Manufacturing Scheme

The Government of India has approved the first tranche of seven projects under the Electronics Components Manufacturing Scheme (ECMS), marking a significant advancement in the country’s electronics manufacturing capabilities. Union Electronics and IT Minister Ashwini Vaishnaw announced the approvals, stating that the projects represent a combined investment of ₹5,532 crore and are expected to generate… Continue reading Govt of India Approves 7 Projects with ₹5,500 Crore Investment Under Electronics Manufacturing Scheme

Sona Comstar Puts China JV Plans with Jinnaite Machinery on Hold

India’s auto component major Sona BLW Precision Forgings Ltd (Sona Comstar) has decided to keep its proposed joint venture with China-based Jinnaite Machinery Co. Ltd. (JNT) in abeyance, citing geopolitical factors. Both companies had been in discussions to finalize definitive agreements following the signing of a binding term sheet on July 20, 2025. However, Sona… Continue reading Sona Comstar Puts China JV Plans with Jinnaite Machinery on Hold

Sona Comstar Puts China JV Plans with Jinnaite Machinery on Hold

India’s auto component major Sona BLW Precision Forgings Ltd (Sona Comstar) has decided to keep its proposed joint venture with China-based Jinnaite Machinery Co. Ltd. (JNT) in abeyance, citing geopolitical factors. Both companies had been in discussions to finalize definitive agreements following the signing of a binding term sheet on July 20, 2025. However, Sona… Continue reading Sona Comstar Puts China JV Plans with Jinnaite Machinery on Hold

JK Tyre Reports 54% Rise in Q2 Net Profit on Strong Volume Growth

JK Tyre & Industries Limited reported a 54% year-over-year increase in net profit to Rs 223 crore for the second quarter of fiscal year 2026, driven by volume growth across domestic and international markets. The New Delhi-based tire manufacturer posted consolidated revenues of Rs 4,026 crore for the quarter ended September 30, 2025. The company’s… Continue reading JK Tyre Reports 54% Rise in Q2 Net Profit on Strong Volume Growth

JK Tyre Reports 54% Rise in Q2 Net Profit on Strong Volume Growth

JK Tyre & Industries Limited reported a 54% year-over-year increase in net profit to Rs 223 crore for the second quarter of fiscal year 2026, driven by volume growth across domestic and international markets. The New Delhi-based tire manufacturer posted consolidated revenues of Rs 4,026 crore for the quarter ended September 30, 2025. The company’s… Continue reading JK Tyre Reports 54% Rise in Q2 Net Profit on Strong Volume Growth

Sona BLW Precision Forgings Reports 24% Revenue Growth in Q2 FY26

Sona BLW Precision Forgings Limited (Sona Comstar) reported revenue of ₹11,435 million for the second quarter of fiscal year 2026, representing a 24% increase compared to ₹9,251 million in the same quarter last year. The company’s EBITDA grew 13% to ₹2,891 million, while profit after tax increased 20% to ₹1,728 million. The growth was partially… Continue reading Sona BLW Precision Forgings Reports 24% Revenue Growth in Q2 FY26