The Survey held the automobile industry as a core engine of economic growth, pointing out that India is the world’s largest market for two-wheelers and three-wheelers. Automakers operating in the country exported 5.3 million vehicles last fiscal year, indicating growing acceptance of India-made cars, commercial vehicles, two-wheelers and three-wheelers in international markets, the Economic Survey… Continue reading India exports 5.3 million vehicles in FY25 as global demand for made-in-India autos grows: Survey
Tag: Mobility
Economic Survey 2026 flags auto sector’s rising exports, EV push and GST reforms as growth drivers
India’s automobile industry continues to strengthen its position as a key pillar of economic growth, with rising exports, robust production expansion and sustained policy support reinforcing its global competitiveness, according to the Economic Survey 2025–26 tabled in Parliament on Thursday. The Survey said India has emerged as the world’s largest market for two-wheelers and three-wheelers,… Continue reading Economic Survey 2026 flags auto sector’s rising exports, EV push and GST reforms as growth drivers
Greaves Electric Mobility appoints Samarpita Banerjee as CHRO
Samarpita Banerjee, CHRO, GEML New Delhi: Greaves Electric Mobility has appointed Samarpita Banerjee as its Chief Human Resources Officer (CHRO), strengthening its leadership team at a time when the company is scaling operations and preparing for its next phase of growth. In her new role, Banerjee will lead the company’s overall human resources strategy, focusing… Continue reading Greaves Electric Mobility appoints Samarpita Banerjee as CHRO
Economic Survey 2026: Rising automobile exports reflect growing global acceptance of India-made vehicles
New Delhi: India’s automobile exports are increasingly reflecting the growing acceptance of vehicles manufactured in the country across global markets, the Economic Survey 2025–26 said. According to the Survey, the industry exported more than 53 lakh vehicles across passenger, commercial, two- and three-wheelers in FY25 and recorded double-digit growth in exports in the first half… Continue reading Economic Survey 2026: Rising automobile exports reflect growing global acceptance of India-made vehicles
BMW India Crosses 1,000 BMW i7 Electric Sedan Deliveries
BMW India has delivered 1,000 units of its flagship electric sedan, the BMW i7, since the model was launched in the country, marking a milestone for the company’s luxury electric vehicle (EV) portfolio . The BMW i7 is the brand’s first all-electric luxury sedan and sits at the top of its India line-up. According to… Continue reading BMW India Crosses 1,000 BMW i7 Electric Sedan Deliveries
German Auto Supplier Aumovio to Cut Up to 4,000 Jobs Globally: Reuters
German automotive supplier Aumovio announced plans on Tuesday to eliminate up to 4,000 positions worldwide by year’s end as part of a restructuring of its research and development operations, according to Reuters. The job cuts will affect employees across six countries: India, Singapore, Romania, Serbia, Germany, and Mexico, Reuters reported, citing a company statement. In… Continue reading German Auto Supplier Aumovio to Cut Up to 4,000 Jobs Globally: Reuters
Tata Motors Q3 Profit Down 48%; Revenue Up 17%
Tata Motors Limited reported a consolidated net profit of ₹705 crore for the third quarter of fiscal year 2026, compared to a loss of ₹867 crore in the previous quarter (Q2FY26). On a year-on-year basis, however, the profit declined 48% from ₹1,355 crore in Q3FY25, impacted by exceptional items totaling ₹1,647 crore related to labor… Continue reading Tata Motors Q3 Profit Down 48%; Revenue Up 17%
India and Canada Hold Talks on Clean Mobility and Critical Minerals
India and Canada held high-level bilateral discussions on clean mobility and critical minerals, with both nations agreeing to continue structured dialogue and cooperation in strategic industrial sectors. The meeting on January 29, 2026, at Udyog Bhawan brought together Union Minister for Heavy Industries and Steel H.D. Kumaraswamy and Canadian Minister of Natural Resources Tim Hodgson.… Continue reading India and Canada Hold Talks on Clean Mobility and Critical Minerals
Economic Survey Highlights Competition for Critical Minerals
The Economic Survey 2025-26 has documented intensifying international competition for critical minerals required for electric vehicle batteries and other advanced technologies, noting that countries are “securing critical minerals and technological resources in a manner reminiscent of a new colonial scramble.” The Survey, released on January 28, discusses critical minerals as part of its broader analysis… Continue reading Economic Survey Highlights Competition for Critical Minerals
Economic Survey Flags Import Dependence Risk in Electric Vehicle Push
The Economic Survey 2025-26 has issued a pointed warning about the “very high” import intensity of electric vehicle production, particularly from countries with whom India has “persistent and large trade deficits.” The Survey, released on January 28, states that “the extent to which electric mobility is incentivised in the short run needs to keep this… Continue reading Economic Survey Flags Import Dependence Risk in Electric Vehicle Push