After starting the production of Maruti Suzuki’s first global battery electric vehicle (BEV), eVitara, and Suzuki’s first lithium-ion battery, cell and electrode manufacturing in the Gujarat plant, Chairman RC Bhargava said the absence of domestic cell manufacturing is a major obstacle for India’s electric vehicle industry and heavy reliance on imports of raw materials is pulling… Continue reading Maruti Suzuki’s RC Bhargava warns of “very high risk” from EV battery import dependence
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Maruti Suzuki’s RC Bhargava warns of “very high risk” from EV battery import dependence
After starting the production of Maruti Suzuki’s first global battery electric vehicle (BEV), eVitara, and Suzuki’s first lithium-ion battery, cell and electrode manufacturing in the Gujarat plant, Chairman RC Bhargava said the absence of domestic cell manufacturing is a major obstacle for India’s electric vehicle industry and heavy reliance on imports of raw materials is pulling… Continue reading Maruti Suzuki’s RC Bhargava warns of “very high risk” from EV battery import dependence
SIAM Automotive Taxation Conference: Experts call for stability in tax regime
The industry leaders also called for the need to streamline indirect and direct tax policies to improve sectoral competitiveness. The Society of Indian Automobile Manufacturers (SIAM) held its second Automotive Taxation Conference with discussions on the role of tax policy in supporting the sector’s growth and contribution to the economy. The event brought policy and… Continue reading SIAM Automotive Taxation Conference: Experts call for stability in tax regime
Popular Vehicles and Services Ltd Completes Divestment of Vision Motors Private Limited
Popular Vehicles and Services Ltd (PVSL) has announced the completion of the divestment of its step-down subsidiary, Vision Motors Private Limited (VMPL), effective August 25, 2025. In a regulatory filing made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that the sale of 100% of the… Continue reading Popular Vehicles and Services Ltd Completes Divestment of Vision Motors Private Limited
Suzuki to invest Rs 70,000 crore in India by 2031: Toshihiro Suzuki
Japanese auto maker Suzuki Motors Corporation will invest Rs 70,000 crore in its largest market – India – over the next 5–6 years. The investment plan comes as Suzuki has chosen India as a hub for global EV production. “Suzuki will invest over 70 thousand crore rupees in India over the next 5 to 6… Continue reading Suzuki to invest Rs 70,000 crore in India by 2031: Toshihiro Suzuki
Suzuki to invest Rs 70,000 crore in India by 2031: Toshihiro Suzuki
Japanese auto maker Suzuki Motors Corporation will invest Rs 70,000 crore in its largest market – India – over the next 5-6 years. The investment plan comes as the Suzuki has choosen India as a hub for global EV production. “Suzuki will invest over 70 thousand crore rupees in India, over the next 5 to… Continue reading Suzuki to invest Rs 70,000 crore in India by 2031: Toshihiro Suzuki
Maruti Suzuki starts production of eVitara from Gujarat plant
India’s largest carmaker, Maruti Suzuki, on Tuesday kicked off the production of its first electric vehicle — the eVitara — at its Hansalpur facility in Gujarat. The production launch was flagged off by Prime Minister Narendra Modi. The eVitara, unveiled at the Bharat Mobility Global Expo last year, is the first of four battery electric… Continue reading Maruti Suzuki starts production of eVitara from Gujarat plant
Ola Electric Achieves Full PLI Certification for Gen 3 Scooters, Promises Enhanced Profitability
Ola Electric Mobility today announced that it has secured Production Linked Incentive (PLI) certification for its entire Gen 3 scooter portfolio, completing the company’s journey towards full PLI compliance across its current product lineup. The certification, granted by the Automotive Research Association of India (ARAI), positions Ola Electric to receive substantial government incentives that could… Continue reading Ola Electric Achieves Full PLI Certification for Gen 3 Scooters, Promises Enhanced Profitability
SIAM Hosts 2nd Automotive Taxation Conference, Focuses on Policy Reforms and Ease of Compliance
The Society of Indian Automobile Manufacturers (SIAM) today convened the 2nd SIAM Automotive Taxation Conference 2025 under the theme “Drive with Policy Reforms and Innovation to Build Viksit Bharat.” The event brought together government officials, industry leaders, and tax experts to discuss key challenges and opportunities in automotive taxation, with an emphasis on policy stability,… Continue reading SIAM Hosts 2nd Automotive Taxation Conference, Focuses on Policy Reforms and Ease of Compliance
Maruti e-Vitara series production starts tomorrow
Maruti Suzuki is set to commence series production of its much-anticipated e-Vitara born-electric SUV at Suzuki’s Hansalpur plant in Gujarat from tomorrow. The event will be see presence of Indian Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel and Keiichi Ono, the Ambassador of Japan, among other dignitaries. The made-in-India e-Vitara will not only… Continue reading Maruti e-Vitara series production starts tomorrow