Automotive Manufacturers Private Limited (AMPL), a prominent automobile retail group in India, has inaugurated a new Mahindra dealership in Vijayawada. Located at Enikepadu on Eluru Road, the new facility is AMPL’s 135th Mahindra outlet and is described as the largest Mahindra dealership in South India. The centre has been developed with an investment of ₹15… Continue reading AMPL Inaugurates Mahindra’s Largest Dealership in South India at Vijayawada
Author: Autocar_Professional India Online News
JBM Auto Reports 20% Rise in Q4 Net Profit, Secures Major Electric Bus Order
JBM Auto Limited, one of India’s prominent automotive and electric vehicle manufacturers, has reported a consolidated net profit of ₹66 crore for the fourth quarter of FY25, marking a 20.21% increase over the ₹54.90 crore recorded in Q4FY24. The company’s total sales, including other operating income, grew by 10.75% to ₹1,645.70 crore in Q4FY25, compared… Continue reading JBM Auto Reports 20% Rise in Q4 Net Profit, Secures Major Electric Bus Order
India Projected to Have 123 Million EVs on the Road by 2032: IESA-CES Report
India could have up to 123 million electric vehicles (EVs) on its roads by 2032 under the National EV Targets (NEV) scenario, according to a new report by the India Energy Storage Alliance (IESA) and Customized Energy Solutions (CES). The report, titled India Electric Vehicle Charging Infrastructure Market Overview, outlines the nation’s rapidly expanding EV… Continue reading India Projected to Have 123 Million EVs on the Road by 2032: IESA-CES Report
Three-wheelers Lead India’s EV Push With Over 60% Market Share in April
India’s shift from petrol, diesel, and CNG vehicles to electric mobility is picking up pace, with three-wheelers leading the charge. According to April 2025 retail data from the Federation of Automobile Dealers Associations (FADA), electric vehicles have gained over 60% market share in the three-wheeler market, marking the strongest EV adoption across all vehicle categories.… Continue reading Three-wheelers Lead India’s EV Push With Over 60% Market Share in April
Sundaram Clayton Posts Growth in Profit, Expands Operations with New Mega Casting Facility in Chennai
Sundaram Clayton Limited (SCL), a prominent player in the aluminium die-casting sector, has reported a rise in profitability for the financial year 2024–25, along with significant operational milestones including the launch of a new mega casting facility in Chennai. For the year ended March 2025, SCL recorded a revenue of ₹2,109.14 crore, slightly up from… Continue reading Sundaram Clayton Posts Growth in Profit, Expands Operations with New Mega Casting Facility in Chennai
Daewoo Lubricants’ Expansion Plans in the Indian Market
In this video interview, Vineet Singh, Director, Strategy and Growth, Daewoo Lubricants (India) outlines the company’s roadmap to capture a 2% market share by FY26 with its range of highly advanced and localised products. On April 29, Korea’s Daewoo partnered India’s Mangali Industries to foray into the area of automotive lubricants in India. Daewoo Lubricants… Continue reading Daewoo Lubricants’ Expansion Plans in the Indian Market
Tenneco Names Arvind Chandra as New India CEO
Tenneco, a global automotive supplier, has appointed Arvind Chandra as Chief Executive Officer of its India operations, the company announced Tuesday. Chandra will oversee all divisions under Tenneco India, including Clean Air, Monroe Ride Solutions, Champion Ignition, and Powertrain businesses. The appointment comes as Tenneco continues to position India as a strategic growth market within… Continue reading Tenneco Names Arvind Chandra as New India CEO
Fuel-Tech Platform Nawgati Secures $2.5 Million in Pre-Series A Funding
Nawgati, an Indian fuel-tech platform, has secured $2.5 million in pre-series A funding led by stock market investor Ajay Upadhyaya. The round included participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and several angel investors including former Accenture MD Sanjay Sharma. The company plans to use the funds to expand globally while… Continue reading Fuel-Tech Platform Nawgati Secures $2.5 Million in Pre-Series A Funding
Ather Energy Lists at Premium of 2%
Ather Energy Ltd today listed at premium of 2.18% at Rs 328 on the National Stock Exchange, lull. On BSE the stock was listed at a premium of 1.6% at Rs 326.05, before giving up the gains to trade at around Rs 310, down 3% over the issue price. Ather Energy entered the public markets… Continue reading Ather Energy Lists at Premium of 2%
Ather Energy IPO: What Are the Prospects for the Stock?
Bengaluru-based Ahter Energy has got off to a muted start to its life as a listed entity, with the stock trading flat compared to the issue price of Rs 321. We examine the strengths and weaknesses of this R&D-focused EV maker, and assess the stock’s long-term prospects. The Bull Case On the positive side, Ather… Continue reading Ather Energy IPO: What Are the Prospects for the Stock?