The Indian Racing League (IRL) conducted its first official driver draft at the Taj Lands End in Mumbai, selecting 24 drivers across six franchises for the 2025 season. Each team selected four drivers following a structured format: one international driver, one emerging international or Indian-origin talent, one domestic Indian driver, and one female driver. The… Continue reading Indian Racing Festival 2025 Begins with Driver Draft in Mumbai
Author: Autocar_Professional India Online News
Himadri Speciality Chemical to Set Up Wholly Owned Subsidiary in UAE; Appoints New KMP
Himadri Speciality Chemical Ltd. (HSCL), a leading Indian speciality chemicals manufacturer, has announced the incorporation of a wholly owned subsidiary in Dubai, United Arab Emirates (UAE), to support its global expansion strategy. The decision was taken during the Board of Directors meeting held earlier today. The proposed subsidiary, tentatively named “Alliance Worldwide LLC” (subject to… Continue reading Himadri Speciality Chemical to Set Up Wholly Owned Subsidiary in UAE; Appoints New KMP
Uno Minda’s Vietnam e-Drives Asset Acquisition from Friwo Still Underway, Completion Expected by July 22
Uno Minda Limited has provided an update regarding its ongoing acquisition of e-Drives business assets in Vietnam from Friwo. In a regulatory filing addressed to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the company stated that the transaction is still underway and is on track for completion by or before July… Continue reading Uno Minda’s Vietnam e-Drives Asset Acquisition from Friwo Still Underway, Completion Expected by July 22
Zurich Kotak General Insurance Introduces EV Protect Add-On Cover for Electric Vehicles Including Tesla
Zurich Kotak General Insurance has introduced EV Protect, a new add-on cover under its car insurance product Car Secure, designed specifically for electric vehicles (EVs), including Tesla. The add-on aims to address key insurance concerns related to EV components such as batteries, motors, and chargers. With electric mobility becoming increasingly common in India, the EV… Continue reading Zurich Kotak General Insurance Introduces EV Protect Add-On Cover for Electric Vehicles Including Tesla
Truck Rentals Fell 3-4% On Key Routes During First Half Of July: IFTRT
India’s vast trucking sector is navigating a challenging mid-July, facing significant declines in truck rentals and sales. According to the Indian Foundation of Transport Research and Training (IFTRT), truck rentals on trunk routes dropped by 3-4% during the first half of July. This downturn is largely attributed to a 10-15% fall in dispatches from Micro,… Continue reading Truck Rentals Fell 3-4% On Key Routes During First Half Of July: IFTRT
Liberty General Insurance Introduces EV Insurance Solutions for Tesla Owners in India
Liberty General Insurance Ltd. (LGI) has announced the launch of customized electric vehicle insurance plans for Tesla owners in India. This move positions Liberty as one of Tesla’s preferred insurance partners in the country, aligning with the automaker’s official entry into the Indian market. The insurance plans have been developed to meet the specific needs… Continue reading Liberty General Insurance Introduces EV Insurance Solutions for Tesla Owners in India
India’s Auto Industry Faces Uneven Impact from Rare Earth Delays
The ongoing challenge in securing rare earth materials from China is creating a diverse and unpredictable impact across India’s automotive sector, with the severity of the issue varying among vehicle manufacturers and for specific models. While some automakers currently boast comfortable stock levels, others face imminent production hurdles, underscoring the critical need for diversified supply… Continue reading India’s Auto Industry Faces Uneven Impact from Rare Earth Delays
Expect Strong Export Trend Across All Categories to Continue: Shailesh Chandra
Amidst varying domestic market sentiments and persistent supply chain challenges, India’s automotive export sector is emerging as a significant bright spot, demonstrating robust growth across all categories. Overall exports are expected to grow in double digits in the current fiscal year. Shailesh Chandra, President of SIAM, indicated a strong and optimistic outlook, suggesting that the… Continue reading Expect Strong Export Trend Across All Categories to Continue: Shailesh Chandra
Why Tesla’s India Entry is More Symbol Than Substance
Tesla has finally touched down in India. With the launch of the Model Y at a starting price of ₹60 lakh and the opening of its first showroom in Mumbai, the electric icon’s long-anticipated entry into the country has begun—but not with the market disruption many had hoped for. Premium Debut in a Price-Sensitive Market… Continue reading Why Tesla’s India Entry is More Symbol Than Substance
TAFE and ICRISAT Establish Agricultural Research Center in Hyderabad
Tractors and Farm Equipment Limited (TAFE) signed a Memorandum of Understanding with the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) on July 11, 2025, to establish the “JFarm Adaptive Agriculture Research & Extension Centre” at ICRISAT’s campus in Patancheru, Hyderabad. The partnership between the world’s largest tractor manufacturer and the international agricultural research… Continue reading TAFE and ICRISAT Establish Agricultural Research Center in Hyderabad