TVS Motor Company is reviewing a fresh expansion of its electric two-wheeler manufacturing capacity as rising demand pushes the company closer to an annual EV output of nearly 5 lakh units, according to a senior company official. Speaking to analysts after the company’s Q3 FY26 earnings, KN Radhakrishnan, CEO and director of TVS Motor Company,… Continue reading TVS Motor Looks at EV Capacity Expansion as Output Inches Towards 5 Lakh Units Annually
Category: US Motoring Press
TVS Motor Revises FY26 Investment Plan Upwards to Rs 2,900 Crore
TVS Motor Company has revised its total investment guidance for FY26 upwards to around Rs 2,900 crore, from an earlier plan of about Rs 2,000 crore, reflecting stronger-than-expected growth momentum and increased strategic investments across businesses, according to KN Radhakrishnan, CEO and director of the company. Speaking to analysts after the company’s Q3 FY26 earnings,… Continue reading TVS Motor Revises FY26 Investment Plan Upwards to Rs 2,900 Crore
TVS Motor Sees 2W Industry Growing 15% in Q4, 9% in FY26 with GST Boost, Strong Rabi Output
The sharp revival in two-wheeler demand seen in the third quarter of FY26, driven by the GST reduction, is expected to sustain into the final quarter of the fiscal year, supported by healthy rabi output, improving rural sentiment, and easier credit conditions, according to KN Radhakrishnan, CEO and director of TVS Motor Company. The two-wheeler… Continue reading TVS Motor Sees 2W Industry Growing 15% in Q4, 9% in FY26 with GST Boost, Strong Rabi Output
Exide Industries Invests ₹50 Crore in Wholly-Owned Subsidiary for Lithium-Ion Battery Manufacturing
Exide Industries Limited has made an additional equity investment of ₹50 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited, through subscription of equity shares on a rights basis. The investment maintains the company’s 100 percent shareholding in the subsidiary, with no change in ownership structure. Exide Energy Solutions Limited allotted 1.25 crore equity shares… Continue reading Exide Industries Invests ₹50 Crore in Wholly-Owned Subsidiary for Lithium-Ion Battery Manufacturing
ASK Automotive Announces ₹35 Crore Capacity Expansion for Advanced Braking Systems
ASK Automotive Limited has announced a significant capacity expansion for its advanced braking systems division, targeting the two-wheeler segment. The company’s Board of Directors approved the establishment of two new manufacturing plants in Rajasthan at leased properties, designed to produce brake shoes and disc brake pads. The expansion will add 6 crore pieces per annum… Continue reading ASK Automotive Announces ₹35 Crore Capacity Expansion for Advanced Braking Systems
Montra Electric Delivers India’s First PM E-DRIVE Certified Heavy-Duty Electric Truck
Montra Electric, the electric commercial vehicle business vertical of the Murugappa Group, has achieved a landmark milestone by becoming the first heavy-duty electric truck manufacturer in India to receive certification under the Government of India’s PM E-DRIVE Scheme. The company delivered the country’s first PM E-DRIVE certified electric heavy truck, the Rhino 5538 EV 6×4… Continue reading Montra Electric Delivers India’s First PM E-DRIVE Certified Heavy-Duty Electric Truck
Volkswagen India Announces Five Product Launches for 2026
Volkswagen India has unveiled an aggressive product strategy for 2026, announcing five product interventions scheduled across all four quarters of the year. The German automaker revealed its first offering, the Tayron R-Line, while confirming four additional launches designed to maintain market momentum and customer engagement throughout the calendar year. The company’s 2026 lineup will span… Continue reading Volkswagen India Announces Five Product Launches for 2026
Maruti Suzuki Posts 29% Revenue Jump in Q3, Net Profit Up 3.7%
Maruti Suzuki India Limited reported net sales of ₹47,534 crore in Q3 FY2025-26, up 29.2% from ₹36,802 crore in Q3 FY2024-25. Net profit for the quarter rose 3.7% to ₹3,794 crore compared to ₹3,659 crore in the year-ago period, despite being impacted by a one-time provision of ₹594 crore related to the New Labour Codes.… Continue reading Maruti Suzuki Posts 29% Revenue Jump in Q3, Net Profit Up 3.7%
Yamaha Motor India Announces Organizational Restructuring to Streamline Operations
Yamaha Motor India has announced a strategic restructuring initiative designed to simplify its organizational framework and improve operational efficiency. The company currently operates through four separate entities in India. Under the new structure, Yamaha Motor India Sales and Yamaha Motor India will be consolidated into India Yamaha Motor. This merger will bring sales, marketing, finance, administrative… Continue reading Yamaha Motor India Announces Organizational Restructuring to Streamline Operations
Schaeffler India to Showcase Next-Generation Mobility Solutions at SIAT 2026
Schaeffler India Limited will participate in SIAT 2026, presenting a range of automotive technologies designed for India’s evolving vehicle market. The company’s exhibition space is located at Hall Zone D, Booths 341 and 348. The display will feature electrification solutions including drives, motors, and modules, alongside powertrain technologies for internal combustion engines and hybrid vehicles.… Continue reading Schaeffler India to Showcase Next-Generation Mobility Solutions at SIAT 2026