The Automotive Tyre Manufacturers’ Association (ATMA) has welcomed the landmark Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom, calling it a transformative development for the Indian tyre industry. Under the pact, all customs duties on tyres and rubber products exported from India to the UK have been abolished with immediate effect.… Continue reading India-UK CETA Boosts Tyre Exports with Duty-Free Access, Says ATMA
Author: Autocar_Professional India Online News
India-UK CETA to Boost Tyre Exports with Duty-Free Access, Says ATMA
The Automotive Tyre Manufacturers’ Association (ATMA) has acknowledged the recently signed Comprehensive Economic and Trade Agreement (CETA) between India and the United Kingdom, citing its potential to support Indian tyre exports. Under the agreement, customs duties on tyres and rubber products exported from India to the UK have been removed with immediate effect. The move… Continue reading India-UK CETA to Boost Tyre Exports with Duty-Free Access, Says ATMA
DPIIT Partners with Ather Energy to Support Electric Vehicle Manufacturing Under ‘Build in Bharat’ Initiative
The Department for Promotion of Industry and Internal Trade (DPIIT) signed a memorandum of understanding with Ather Energy Limited on July 29, 2025, to strengthen India’s electric vehicle manufacturing capabilities and clean mobility ecosystem. The partnership operates under the Startup Policy Forum’s ‘Build in Bharat’ initiative, which represents a coalition of over 50 innovation-focused startups.… Continue reading DPIIT Partners with Ather Energy to Support Electric Vehicle Manufacturing Under ‘Build in Bharat’ Initiative
Isuzu Motors and Volvo Group Expand Strategic Alliance with 20-Year Platform Development Deal
Isuzu Motors and Volvo Group have signed an expanded strategic alliance agreement that will see the companies jointly develop a common platform for medium heavy-duty trucks targeting Japan and other Asian markets over the next two decades. The new deal builds upon the original strategic partnership framework established between the companies in October 2020, extending… Continue reading Isuzu Motors and Volvo Group Expand Strategic Alliance with 20-Year Platform Development Deal
Indian Tractor Industry Records 10.5% Growth in June, Moderate Expansion Expected
The Indian tractor industry reported wholesale volume growth of 10.5% year-on-year in June 2025, with retail volumes increasing 8.7% during the same period. The sector recorded 9.3% growth in the first quarter of fiscal year 2026, according to industry data. The growth comes as the India Meteorological Department forecasts above-normal monsoon rainfall at 106% of… Continue reading Indian Tractor Industry Records 10.5% Growth in June, Moderate Expansion Expected
Market Leader VECV Aims to Chill Higher with Air-Conditioned Pro Plus Series in LMD Segment
Volvo Eicher Commercial Vehicles (VECV), a joint venture between Sweden’s Volvo Group and India’s Eicher Motors, is sharpening its competitive edge in the country’s bustling light and medium-duty (LMD) truck market. On Tuesday, Eicher Trucks and Buses, VECV’s key business unit, unveiled its next-generation Eicher Pro Plus Series targeting freight carriers in the ever-intensifying world… Continue reading Market Leader VECV Aims to Chill Higher with Air-Conditioned Pro Plus Series in LMD Segment
Helios Climate Invests in SUN Mobility for Africa Battery Swapping Network Expansion
Helios Climate, Africa’s climate-focused investment platform, has announced an investment in SUN Mobility to launch battery swapping networks across Africa. The funding is part of a $135 million capital raise completed by the Indian electric vehicle infrastructure company over the past year. SUN Mobility operates battery swapping technology that allows electric vehicle users to exchange… Continue reading Helios Climate Invests in SUN Mobility for Africa Battery Swapping Network Expansion
Quest Global Partners with Andretti Formula E for Multi-Year Engineering Collaboration
Quest Global has entered into a multi-year partnership with Andretti Formula E, becoming the team’s official Engineering Technology Partner. The collaboration, which launched at the 2025 London E-Prix on July 29, marks Quest Global’s entry into Formula E motorsport. Under the three-year agreement, Quest Global will support Andretti Formula E’s remote operations room in Banbury,… Continue reading Quest Global Partners with Andretti Formula E for Multi-Year Engineering Collaboration
Eicher Trucks and Buses Launches Pro Plus Series for Light and Medium Duty Segments
Eicher Trucks and Buses unveiled its next-generation Pro Plus Series on July 29, 2025, at Pithampur, Madhya Pradesh. The new range of light and medium duty trucks includes six models designed for various commercial applications, from intra-city delivery to long-haul transportation. The Pro Plus Series builds on the existing Pro Series platform with factory-installed air… Continue reading Eicher Trucks and Buses Launches Pro Plus Series for Light and Medium Duty Segments
Musashi India Establishes R&D Centre in Bengaluru After 23 Years of Operations
Musashi India, the wholly owned subsidiary of Japan’s Musashi Seimitsu Industries, announced the establishment of the Musashi Technology Excellence Centre (MTEC) in Bengaluru on July 29, marking 23 years since the company began operations in India. The facility, located at Atria University Campus, represents a ₹100 million investment in the first year and focuses on… Continue reading Musashi India Establishes R&D Centre in Bengaluru After 23 Years of Operations