Battery and energy storage players also see the Budget as reinforcing confidence for manufacturers investing in future-ready technologies. India’s electric mobility and auto component industry has broadly welcomed the Union Budget 2026–27, calling it a timely policy push towards strengthening domestic manufacturing, accelerating clean mobility adoption and building resilience across critical supply chains. With measures… Continue reading Budget 2026: EV, auto component industry welcomes push for localisation, batteries and clean mobility supply chains
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Budget 2026 signals long-term tailwinds for auto sector with infra push; luxury gets no direct boost
Union finance minister Nirmala Sitharaman The Union Budget 2026 has delivered a largely positive signal for India’s automotive industry, with a clear thrust on infrastructure expansion, green mobility and policy stability. While the budget stops short of offering direct, segment-specific incentives for luxury automakers, industry leaders see the announcements as supportive of long-term growth and… Continue reading Budget 2026 signals long-term tailwinds for auto sector with infra push; luxury gets no direct boost
Budget 2026: Allocation for auto PLI doubled despite lower utilisation in FY26
Nirmala Sitharaman The outlay for the Production Linked Incentive (PLI) scheme for automobiles and auto components has been almost doubled in the Union Budget for 2026-27 to ₹5940 crore. Not only is the outlay a substantial increase from the budget estimates for the current fiscal (₹2974.61 crore), it has also come despite a large portion… Continue reading Budget 2026: Allocation for auto PLI doubled despite lower utilisation in FY26
The telephoto is the only phone camera that really matters
Phone manufacturers are throwing everything they have at long-distance lenses in order to stand out. by Dominic Preston Feb 1, 2026, 1:00 PM UTC Dominic Preston is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. This is The Stepback, a weekly newsletter breaking down… Continue reading The telephoto is the only phone camera that really matters
TVS Motor Posts 29% YoY Growth in Total January Sales
TVS Motor Company on Sunday reported a 29% year-on-year growth in its total dispatches for January 2026, aided by strong demand across two-wheeler and three-wheeler segments, including electric vehicles. TVS Motor Company said its overall sales stood at 5,11,766 units in January 2026, compared with 3,97,623 units in the same month last year. Two-wheeler sales… Continue reading TVS Motor Posts 29% YoY Growth in Total January Sales
Heavy Truck Demand Fuels 30% Sales Surge for Tata Motors
Tata Motors Limited reported a 29.9% year-on-year increase in commercial vehicle sales for January 2026, a performance driven by a sharp rebound in heavy industrial hauling and a burgeoning international presence. The company, which serves as a primary barometer for industrial activity, moved 41,549 units during the month, compared to 31,988 units in the same… Continue reading Heavy Truck Demand Fuels 30% Sales Surge for Tata Motors
Kia India Reports 10.3% Sales Increase in January 2026
Kia India sold 27,603 vehicles in January 2026, representing a 10.3% increase compared to 25,025 units sold in the same month last year, the automaker announced on Saturday. The January performance follows a strong 2025 for the South Korean manufacturer, which reported annual sales of 280,286 units in India last year—a 15% increase over 2024.… Continue reading Kia India Reports 10.3% Sales Increase in January 2026
India’s PV Market Estimated To Have Clocked Record January Sales With 4.5 Lakh Units
India’s passenger vehicle market is estimated to have clocked about 4.5 lakh units in January 2026 wholesales, marking the highest-ever performance in any January, and the second-highest for any month. Record dispatches come on the back of strong retail demand and lean inventory management at dealerships, which helped carry the post-GST cut and festival season… Continue reading India’s PV Market Estimated To Have Clocked Record January Sales With 4.5 Lakh Units
Budget FY27: Allocation estimate for PM E-Drive Scheme at Rs 1,500 Cr
The Union Budget for 2026-27 (FY27) has allocated Rs 1,500 crore for the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme under the Ministry of Heavy Industries, which has been a key driver of electric vehicle demand in the country. Budget documents show that the allocation for the PM E-Drive scheme stood… Continue reading Budget FY27: Allocation estimate for PM E-Drive Scheme at Rs 1,500 Cr
Budget 2026-27: Sitharaman Proposes 4,000 E-Buses for East India Industrial Corridor
Finance Minister Nirmala Sitharaman announced on February 1, 2026, the deployment of 4,000 electric buses across five eastern states as part of a major infrastructure push under the “Purvodaya” initiative in the Union Budget 2026-27. The proposal includes development of an Integrated East Coast Industrial Corridor with Durgapur designated as a primary node, alongside creation… Continue reading Budget 2026-27: Sitharaman Proposes 4,000 E-Buses for East India Industrial Corridor