The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
Major Indian automobile manufacturers Tata Motors Passenger Vehicles Limited and Hyundai Motor India Limited reported a surge in their sales figures for January 2026, according to the company's regulatory filings. Both companies achieved substantial year-on-year growth in domestic and total
A speeding container truck collided with two passenger-filled auto-rickshaws on the Nagla Chandan Jalesar Road in the Khandauli police station area of Agra on Saturday afternoon, leaving six people dead and six others injured.
Kolkata (West Bengal) [India], January 31: Exide Industries Limited, India's leading storage battery manufacturer, today announced the launch of Exide AGMi, an advanced Absorbent Glass Mat (AGM) battery range for the Indian aftermarket, designed to meet the growing power demands of modern, h
Pune (Maharashtra) [India], January 30: DATASMITH AI, a Pune-based enterprise AI company, has announced a strategic Memorandum of Understanding (MoU) with TCS Pace, Netherlands, alongside the introduction of TenderGenie, its outcome-driven Tender & RFP decision intelligence platform enabling
New Delhi [India], January 30: ACMA Automechanika New Delhi 2026, India's largest ever sourcing expo for aftermarket and auto components, will take place from 5-7 February 2026 at Yashobhoomi (IICC), Dwarka, marking its largest edition to date with over 870+ exhibitors from 20 countries.
Speaking on the impact of the India-EU tariffs on the Indian automobile sector, the minister said, "The Indian auto industry is doing exceptionally well. We haven't opened up the market for cars that sell for up to 25-30 lakh rupees. We have protected the auto industry completely." "If we
Speaking to ANI on whether the carbon tax could offset the benefits of the India-EU FTA, Goyal emphasised that the agreement includes a "most favoured nation" clause, which ensures that if the EU grants any concessions on carbon tax to other countries, India will automatically benefit fro
Santa Clara (California) [USA]/ Noida (Uttar Pradesh) [India], January 30: HCLSoftware (NSE: HCLTECH.NS) (BSE: HCLTECH.BO), a global leader in enterprise software solutions, unveiled its Tech Trends 2026 report this month. Grounded in 8 months of structured research and insights from 173 ent
The collaboration brings together ProXpense's advanced expense automation and AI-powered travel workflows with EaseMyTrip's extensive travel inventory and corporate travel capabilities.
Chairman John Moolenaar of the Select Committee on China has written a letter to Ford Motor Company CEO Jim Farley about the automaker's plans to produce data centre batteries using technology from CATL, a Pentagon-designated Chinese military company, according to a release by the Select Com
Gurugram (Haryana) [India], January 29: DroneVerse Aviation Pvt. Ltd., an Indian defence technology company, announced the strategic deployment of their indigenous AI Gunshot Detection and Autonomous Drone Response System by the Indian Army. This evaluation and deployment aims to bolster ope