The United States is pressing India to eliminate tariffs on car imports as part of a proposed trade deal, but India remains cautious about an immediate reduction to zero, according to a Reuters report. India’s high auto tariffs, which can reach up to 110%, are expected to be a key issue in the forthcoming trade… Continue reading US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters
Category: US Motoring Press
US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters
The United States is pressing India to eliminate tariffs on car imports as part of a proposed trade deal, but India remains cautious about an immediate reduction to zero, according to a Reuters report. India’s high auto tariffs, which can reach up to 110%, are expected to be a key issue in the forthcoming trade… Continue reading US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters
Greaves Cotton Announces Senior Management Change
Greaves Cotton Limited has announced that Jaganmohan Rao Medisetti has ceased to be a Senior Management Personnel, effective immediately. The company cited changes in its organizational structure as the reason for this development, according to a regulatory filing submitted to the stock exchanges on March 5, 2025. The announcement comes as a follow-up to the… Continue reading Greaves Cotton Announces Senior Management Change
SKF Unveils Brand Refresh to Enhance Market Position and Stakeholder Value
Swedish bearing and seal manufacturer SKF has launched an updated brand identity aimed at increasing stakeholder value and better reflecting its current business operations. The company, known for products that reduce friction, is now positioning itself as actively fighting friction to advance industry and sustainability. The brand refresh includes subtle but significant changes, featuring a… Continue reading SKF Unveils Brand Refresh to Enhance Market Position and Stakeholder Value
Maruti Suzuki Partners with Gurugram Authorities for Traffic Management System
Maruti Suzuki India Limited (MSIL) has announced a partnership with the Gurugram Metropolitan Development Authority (GMDA) and Utkrisht Society for Safe Haryana, a Haryana State Police affiliate, to implement an Integrated Traffic Management System (ITMS) in Gurugram. The initiative, funded under MSIL’s Corporate Social Responsibility (CSR) program, involves the installation of approximately 400 cameras and… Continue reading Maruti Suzuki Partners with Gurugram Authorities for Traffic Management System
Amid Sluggish Sales, Can Classic Legends’ Aggressive Expansion Strategy Deliver Growth?
Launched in 2018, Classic Legends, backed by Mahindra and Mahindra, has spent the past six years reviving iconic motorcycle brands like Jawa, Yezdi, and BSA. Despite a rich legacy, the company’s sales have been hovering around an average of 3,000 units per month. Amid fierce competition in the premium motorcycle segment, Sharad Agarwal, Chief Business… Continue reading Amid Sluggish Sales, Can Classic Legends’ Aggressive Expansion Strategy Deliver Growth?
Lohum Pioneers India’s First Battery-Grade Lithium Refinery
Lohum Corporation has announced the establishment of India’s first battery-grade lithium refinery with an annual production capacity of 1,000 metric tonnes. The expansion comes at a crucial time when global lithium supply chains face increasing pressure from China’s market dominance. In January 2025, China imposed restrictions on exporting lithium refining technology and equipment for the… Continue reading Lohum Pioneers India’s First Battery-Grade Lithium Refinery
Marquardt Opens New Production Plant in Talegaon, India
German mechatronics specialist Marquardt officially opened a new production plant in Talegaon near Pune, India, on March 5, 2025. The facility replaces the company’s previous production site in Mumbai and represents an investment of more than 180 crore rupees (approximately $21.5 million USD) in building, machinery, and equipment. The new plant will primarily manufacture mechatronic… Continue reading Marquardt Opens New Production Plant in Talegaon, India
Sonalika Tractors Reports Strong February Sales, Achieves Record Domestic Performance
Sonalika Tractors, India’s leading tractor export brand, has reported robust sales figures for February 2025, with 10,493 tractors sold across all markets. The company announced today that it has achieved its highest-ever domestic year-to-date (YTD) sales through February 2025, with 113,279 tractors delivered to Indian farmers. This performance has outpaced the broader industry growth according… Continue reading Sonalika Tractors Reports Strong February Sales, Achieves Record Domestic Performance
Ducati Unleashes 2025 Panigale V4 in India
Italian luxury motorcycle manufacturer Ducati has officially unveiled its highly anticipated 2025 Panigale V4 in the Indian market, setting new benchmarks in the premium superbike segment. The completely redesigned model represents the pinnacle of Ducati’s engineering excellence, bringing race-derived technology directly to enthusiasts across the country. The new Panigale V4 emerges from Ducati’s dominant racing… Continue reading Ducati Unleashes 2025 Panigale V4 in India