Search For "automotive sector"
Mahindra reports 18% growth in SUV's and 14% overall growth in June (YoY)
Updated : 8 months, 2 weeks ago IST
A major highlight was the SUV segment, where the company sold 47,306 units in the domestic market -- a strong 18 per cent year-on-year growth.
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Two-wheeler and tractor sales set to grow, but cars and trucks may see slo
Updated : 8 months, 2 weeks ago IST
The automotive sector is expected to perform well in the coming years, especially in the two-wheeler (2W), tractor, and SUV segments, according to Nuvama report.
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Shortage of rare earth magnets can decelerate India's automotive ride, Cri
Updated : 9 months ago IST
Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for India's automotive sector if China's export restrictions and delays in shipment clearances persist, according to a report by Crisil Ratings.
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Minda Corporation Forms Joint Venture with Toyodenso of Japan for Advanced
Updated : 9 months, 1 week ago IST
Delhi NCR [India], June 11: Minda Corporation Limited ("Minda Corp" or the "Company"; NSE: MINDACORP, BSE: 538962), the flagship company of the Spark Minda Group, today announced a Joint Venture with Japan-based Toyodenso Co. for Advance automotive switches for the Indian market.
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UST and T-Works Sign MoU to Accelerate Industry 4.0 Solutions for Manufact
Updated : 9 months, 4 weeks ago IST
Hyderabad (Telangana) /Thiruvananthapuram (Kerala) [India], May 21: UST, a leading digital transformation solutions company, has signed a Memorandum of Understanding (MoU) with T-Works, India's largest prototyping center, established by the Government of Telangana, to accelerate product inno
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Tech uncertainty is leading to decline in R&D investments by auto OEMs
Updated : 11 months, 1 week ago IST
Enhanced uncertainties in the technological space is leading to decline in research and development (R&D) activities, as original equipment manufacturer (OEMs) have indicated some taper-off in investments from elevated levels in Calendar Year 2024.
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EV Boom and Auto Industry Growth Poised to Transform Car Care Sector - Viv
Updated : 11 months, 1 week ago IST
Bangalore (Karnataka) [India], April 12: As India's automotive sector experiences significant expansion, driven by the surge in electric vehicles (EVs) and supportive government policies like the FAME II scheme, the demand for car care products is set to rise. Each new vehicle owner represen
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Maruti Suzuki Appoints Head of Digital Enterprise and Cybersecurity
Updated : 11 months, 2 weeks ago IST
New Delhi [India], March 31: Maruti Suzuki India Limited has announced the appointment of Dr. Tapan Sahoo as the Head of Digital Enterprise (DE) and Information & Cyber Security, effective April 1, 2025. The company's board of directors has approved this strategic move to accelerate digi
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Raft Motors Pvt Ltd Introduces Reliable Manufacturing and Assembly Process
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 12: With an ever-increasing cutting edge competitive and escalating rise in electric vehicle manufacturing sector, it requires a reliable and trustworthy market player that caters to all customer segments and delivers impeccable outcomes. Raft Motor follow
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Bajaj Auto, Ashok Leyland, Eicher Motors and Hero MotoCorp showed mixed re
Updated : 1 year ago IST
In February, leading players in India's automotive sector reported mixed results across their sales performance.
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A Historic Move by TEXSPIN®: Dipen Makwana Is Poised to Announce a Ga
Updated : 1 year ago IST
New Delhi [India], February 17: Since its inception in 1961, TEXSPIN® has evolved into a cornerstone of the automotive industry. Renowned for delivering cutting-edge, innovative solutions, the company has established itself as a trusted name not only in the automotive sector but also
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Fueling a greener future: How PHINIA is powering India's transition to cle
Updated : 1 year, 1 month ago IST
New Delhi [India], January 31: India's automotive sector is undergoing a remarkable transformation as it adopts cleaner fuel options. CNG, in particular, has been gaining momentum as a popular alternative to petrol and diesel due to its affordability and lower emissions. Sales of CNG-powered
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