The Ministry of Heavy Industries is actively engaging with companies that have the potential to manufacture rare earth elements domestically, Additional Secretary Hanif Qureshi, IPS, announced at the India EV Conclave on Tuesday, marking a significant push toward self-reliance in critical EV components. The announcement comes amid an ongoing supply crisis triggered by China’s export… Continue reading India Accelerates Rare Earth Manufacturing Push, MHI in Talks with Potential Producers
Tag: Suzuki
R&D, Scale Key to Making Indian Automotive Sector Globally Competitive: MHI’s Qureshi
Innovation, research and development, and economies of scale represent the biggest challenges facing India’s automotive sector as it seeks to compete globally, Hanif Qureshi, IPS, Additional Secretary at the Ministry of Heavy Industries, said at the India EV Conclave on Tuesday. In a candid assessment of India’s automotive competitiveness, Qureshi emphasized that “the real challenge… Continue reading R&D, Scale Key to Making Indian Automotive Sector Globally Competitive: MHI’s Qureshi
Second Phase of EV Manufacturing Scheme May Face Delays Amid India-EU Trade Talks: Hanif Qureshi
The second phase of India’s scheme to promote electric vehicle manufacturing could face delays as the country remains engaged in free trade agreement (FTA) negotiations with the European Union, Hanif Qureshi, IPS, Additional Secretary at the Ministry of Heavy Industries, revealed at the India EV Conclave on Tuesday. Speaking at the two-day event at Hyatt… Continue reading Second Phase of EV Manufacturing Scheme May Face Delays Amid India-EU Trade Talks: Hanif Qureshi
India Makes Strides in EV Component Localization, Green Manufacturing Taking Root: Hanif Qureshi
India is witnessing significant progress in localizing electric vehicle components, with most green powertrain parts now being manufactured domestically, Hanif Qureshi, IPS, Additional Secretary at the Ministry of Heavy Industries, announced at the India EV Conclave on Tuesday. Speaking at the event organized by Autocar Professional, Qureshi emphasized the government’s “substantial focus on localisation” and… Continue reading India Makes Strides in EV Component Localization, Green Manufacturing Taking Root: Hanif Qureshi
Government in Active Discussions on ICE Vehicle Phase-Out Timeline, Says MHI’s Qureshi
The Indian government is actively discussing a timeline for phasing out internal combustion engine (ICE) vehicles as part of its commitment to promoting green powertrains, Hanif Qureshi, IPS, Additional Secretary at the Ministry of Heavy Industries, revealed at the India EV Conclave on Tuesday. Speaking at the two-day event organized by Autocar Professional at Hyatt… Continue reading Government in Active Discussions on ICE Vehicle Phase-Out Timeline, Says MHI’s Qureshi
Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
The first week of November was packed with milestones for India Auto Inc. Bajaj Auto dominated headlines with a sweeping FY27 roadmap spanning new Pulsars, a fresh ICE brand, the next-gen Chetak EV, and sub-350cc motorcycles co-developed with KTM and Triumph. Back home, October retail sales hit an all-time high of 40.2 lakh units, as… Continue reading Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
The first week of November was packed with milestones for India Auto Inc. Bajaj Auto dominated headlines with a sweeping FY27 roadmap spanning new Pulsars, a fresh ICE brand, the next-gen Chetak EV, and sub-350cc motorcycles co-developed with KTM and Triumph. Back home, October retail sales hit an all-time high of 40.2 lakh units, as… Continue reading Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
The first week of November was packed with milestones for India Auto Inc. Bajaj Auto dominated headlines with a sweeping FY27 roadmap spanning new Pulsars, a fresh ICE brand, the next-gen Chetak EV, and sub-350cc motorcycles co-developed with KTM and Triumph. Back home, October retail sales hit an all-time high of 40.2 lakh units, as… Continue reading Weekly News Wrap: Bajaj Auto 2027 Roadmap, Auto Retails Hit Record Highs, EICMA 2025 Showcases India’s Global Ambition
Lumax Auto Technologies Reports 37% Revenue Growth in Q2 FY26
Lumax Auto Technologies Limited has announced its financial results for the second quarter and half-year ended September 30, 2025, reporting significant growth across key performance metrics. The automotive component manufacturer recorded consolidated revenue of ₹1,156 crore in Q2 FY26, marking a 37% year-on-year increase from ₹842 crore in the corresponding period last year. For the… Continue reading Lumax Auto Technologies Reports 37% Revenue Growth in Q2 FY26
Lumax Auto Technologies Shifts Accessory Operations to New Uttarakhand Site
Lumax Auto Technologies Ltd. is relocating its automotive accessories business to a new facility within Pant Nagar in Uttarakhand’s Udham Singh Nagar district, according to a regulatory filing. People familiar with the matter said the company plans to set up new assembly lines for door visors and body molding components at the site. The move… Continue reading Lumax Auto Technologies Shifts Accessory Operations to New Uttarakhand Site