Amid recent disruptions in the global automotive supply chain, Commerce Secretary Rajesh Agrawal on Thursday highlighted the need for the Indian automobile industry to take the lead in building resilient supply chains and work with developed economies to anchor global value chains in the country. “For growth to take place, we not only need investments,… Continue reading Commerce Secretary Calls for Resilient Supply Chains, Anchoring Global Value Chains
Tag: Manufacturing
Jaguar Land Rover Faces Mounting Costs from Global Cyber Attack, BBC Reports
Production shutdown at multiple JLR facilities could cost automotive manufacturer approximately £5 million daily in lost profits, according to BBC analysis of former industry executive estimates, as cyber security teams work to restore systems. Jaguar Land Rover (JLR) continues to grapple with the financial and operational impact of a cyber attack that has paralysed production… Continue reading Jaguar Land Rover Faces Mounting Costs from Global Cyber Attack, BBC Reports
GST 2.0 Can Spark ‘Festive Mayhem’, Says Hyundai’s Tarun Garg
Hyundai Motor India COO Tarun Garg believes the government’s GST 2.0 tax reform has set the stage for what could be one of the strongest festive seasons in recent memory, calling the coming months “a mayhem” for car sales. The sharp GST reduction — 11–13% on small cars and 3–10% on larger models — is… Continue reading GST 2.0 Can Spark ‘Festive Mayhem’, Says Hyundai’s Tarun Garg
GST 2.0 Can Spark ‘Festive Mayhem’, Says Hyundai’s Tarun Garg
Hyundai Motor India COO Tarun Garg believes the government’s GST 2.0 tax reform has set the stage for what could be one of the strongest festive seasons in recent memory, calling the coming months “a mayhem” for car sales. The sharp GST reduction — 11–13% on small cars and 3–10% on larger models — is… Continue reading GST 2.0 Can Spark ‘Festive Mayhem’, Says Hyundai’s Tarun Garg
India’s Automotive Sector Eyes Global Expansion Through Self-Reliance and Export Growth
India’s automotive industry must leverage self-reliance and export capabilities to strengthen its position in the evolving global market, according to discussions at the 65th Annual Convention of the Society of Indian Automobile Manufacturers (SIAM). During the Special Plenary Session titled “Changing Global Dynamics: Implications for India in Evolving Landscape,” government officials and industry leaders outlined… Continue reading India’s Automotive Sector Eyes Global Expansion Through Self-Reliance and Export Growth
Chinese EV Firm Nio Raises $1 Billion in Share Sale
The NIO Inc. logo. (Bloomberg) — Nio Inc. raised about $1 billion through a share sale, as the Chinese electric-vehicle maker takes advantage of a recent stock rally to fund its growth. The Shanghai-based EV maker sold about 181.8 million new shares at HK$43.36 ($5.57) the company said in a statement. Nio said it will… Continue reading Chinese EV Firm Nio Raises $1 Billion in Share Sale
BYD steps up its European expansion strategy
BYD announced stepped up strategy for Europe at IAA Mobility 2025. China’s largest automaker, BYD Auto, announced at this year’s IAA Mobility 2025 show in Munich, Germany, that it is stepping up its expansion in Europe by strengthening its sales network in the region and increasing local production. Shenzhen-based BYD, the world’s largest battery electric… Continue reading BYD steps up its European expansion strategy
uLab and Biolux Partner to Accelerate Clear Aligner Treatment with Light Therapy
MEMPHIS, Tenn., Sept. 11, 2025 /PRNewswire/ — uLab Systems®, a leader in digital orthodontic innovation, and Biolux Technology, creator of the OrthoPulse® near-infrared (NIR) light therapy device, announce a strategic partnership that bundles uSmile™ aligners with the OrthoPulse device as an option on the uDesign® Cloud platform. This landmark alliance brings together two disruptive technologies… Continue reading uLab and Biolux Partner to Accelerate Clear Aligner Treatment with Light Therapy
Appspace Acquires Igloo Software, Expanding Its Global Leadership in Employee Communications
Acquisition expands Appspace’s customer base and deepens its leadership in workplace communication, intranet, and employee experience solutions TAMPA, Fla., Sept. 11, 2025 /PRNewswire/ — Appspace, the workplace experience platform that keeps everyone in the know, today announced it has signed an agreement to acquire Igloo Software, a leading modern intranet provider. This strategic move strengthens Appspace’s… Continue reading Appspace Acquires Igloo Software, Expanding Its Global Leadership in Employee Communications
California’s Kitchens and Restaurants at Risk: Imminent Vote to Ban Non-Stick Cookware Threatens Jobs, Local Businesses, and Choice
Proposed ban would strip Californians of safe and affordable cookware, cost households hundreds, and wipe out at least 6,500 jobs SACRAMENTO, Calif., Sept. 12, 2025 /PRNewswire/ — At some point this week, California lawmakers will vote on SB 682, which bans the sale of non-stick cookware and corded kitchen appliances across the state. The proposal… Continue reading California’s Kitchens and Restaurants at Risk: Imminent Vote to Ban Non-Stick Cookware Threatens Jobs, Local Businesses, and Choice