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
Category: US Motoring Press
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
Budget 2026-27: Govt Offers Tax Holiday Till 2047 to Global Cloud Firms
The Union Budget 2026-27 has unveiled a sweeping set of tax incentives aimed at attracting global cloud service providers, and electronics manufacturers. Presenting the Budget in Parliament on Tuesday, Finance Minister Nirmala Sitharaman announced a tax holiday until 2047 for any foreign company that provides cloud services to customers worldwide using data centre infrastructure located… Continue reading Budget 2026-27: Govt Offers Tax Holiday Till 2047 to Global Cloud Firms
Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing
Announcing the Budget 2026-2027 speech, Finance Minister Nirmala Sitharaman introduced a new Scheme for Enhancement of Construction and Infrastructure Equipment (CIE), which will help in the industry moving closer towards self reliance. An amount of Rs 200 crore has been proposed for the scheme for 2026-2027. The centerpiece of the industrial proposal is the CIE… Continue reading Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing
Budget FY27: Allocation estimates for PLI Auto at Rs 5,940 crore
The Union Budget for 2026-27 (FY27) has allocated Rs 5,940 crore for the Production Linked Incentive (PLI) Scheme for Automobiles and Auto Components under the Ministry of Heavy Industries. The Rs 25,938-crore output-linked incentive scheme was launched in 2021 and will run till March 31, 2028 (FY28). Budget documents show that in FY25, the scheme… Continue reading Budget FY27: Allocation estimates for PLI Auto at Rs 5,940 crore
Toyota Kirloskar Motor Begins 2026 with 15% Rise in January 2026 Sales
Toyota Kirloskar Motor (TKM) has started calendar year 2026 on a positive footing, posting a 15 percent year-on-year increase in sales in January, as steady demand for its core MPV and SUV portfolio helped offset a largely flat export performance.The company sold 33,880 vehicles in the month, compared with 29,371 in January 2025. Domestic sales… Continue reading Toyota Kirloskar Motor Begins 2026 with 15% Rise in January 2026 Sales
Budget Slashes Excise Burden on Bio-CNG Mix
Finance Minister Nirmala Sitharaman during her Union Budget 20226 announcements, declared that when calculating central excise duty on biogas-blended CNG, the entire biogas value will now be excluded, making blended fuel cheaper without the tax drag on its green component. Biogas, made from farm waste like crop stalks and garbage, mixes with regular CNG to… Continue reading Budget Slashes Excise Burden on Bio-CNG Mix
Trucks and CVs may gain the most from Budget 2026–27
Union Budget 2026–27 may not have announced a dedicated scheme for trucks or commercial vehicles, but its strong emphasis on infrastructure expansion, freight corridors, waterways and state-backed transport deployment lays the foundation for sustained demand across the commercial vehicle ecosystem. Presenting the Budget, Finance Minister Nirmala Sitharaman underlined the government’s continued reliance on infrastructure-led growth.… Continue reading Trucks and CVs may gain the most from Budget 2026–27