Credifin Limited, a non-banking financial company (NBFC) listed on the Metropolitan Stock Exchange of India, has announced its entry into Gujarat, marking the state as its 14th operational market. The company, formerly known as PHF Leasing Limited, plans to commence operations in August 2025, initially launching services in five key cities: Ahmedabad, Gandhinagar, Rajkot, Surat,… Continue reading Credifin Limited to Launch Operations in Gujarat, Expand eVehicle Financing Footprint
Category: US Motoring Press
High Stakes For a New Bee: Can Everta Plug Into India’s EV Ambitions?
Everta, a new entrant in India’s growing EV charging space with a strategic partnership with Epsilon Advanced Materials, a leading battery material solution provider, has bold plans and bigger confidence. The leadership, Benny Parihar and Manasvi Sharma, describe their new venture as a high-tech manufacturing bet poised to capture a significant share of the EV… Continue reading High Stakes For a New Bee: Can Everta Plug Into India’s EV Ambitions?
High Stakes For a New Bee: Can Everta Plug Into India’s EV Ambitions?
Everta, a new entrant in India’s growing EV charging space with a strategic partnership with Epsilon Advanced Materials, a leading battery material solution provider, has bold plans and bigger confidence. The leadership, Benny Parihar and Manasvi Sharma, describe their new venture as a high-tech manufacturing bet poised to capture a significant share of the EV… Continue reading High Stakes For a New Bee: Can Everta Plug Into India’s EV Ambitions?
Montra Electric Opens New e-SCV Dealership in Gurugram with SOL Automotive as Partner
Montra Electric, the electric mobility division of the Murugappa Group, has launched a new dealership for its electric small commercial vehicles (e-SCVs) in Gurugram, marking an expansion into the Delhi-NCR region. The facility, operated by SOL Automotive India Pvt. Ltd., will serve as a 3S center offering sales, service, spare parts, and charging solutions. Located… Continue reading Montra Electric Opens New e-SCV Dealership in Gurugram with SOL Automotive as Partner
JSW MG Motor India Opens First MG Select Experience Centre in Mumbai
JSW MG Motor India has launched its first MG Select Experience Centre in Worli, Mumbai, as part of its strategy to expand in the premium automotive segment. The centre, located at Atur House, is the brand’s only authorised luxury showroom in the city and marks the beginning of a phased rollout of 14 such centres… Continue reading JSW MG Motor India Opens First MG Select Experience Centre in Mumbai
India-UK CETA Boosts Tyre Exports with Duty-Free Access, Says ATMA
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
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