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AUTOMOTIVE INDUSTRY GROWTH
India's auto component industry targets $200 bln turnover by FY30 amid rising risks: BCG-ACMAIndia's auto component sector aims for $200 billion turnover by FY30. Achieving this goal requires greater resilience against rising costs ...- India needs to build advanced tech capabilities, reduce import dependence: Hyundai CEO Tarun GargHyundai Motor India MD and CEO Tarun Garg urged India to develop advanced technology capabilities. He stated the nation must move beyond ma...
- Auto industry must turn disruption into strength, says Maruti Suzuki CEOThe auto sector must become stronger due to disruption in the next decade. Deep localization, people development, collective learning, and ...
- Auto sector must focus on building global leadership with scale: Industry leadersIndian auto leaders urge a shift from resilience to global competitiveness and technology leadership. The sector aims to become a leading a...
- Auto PLI scheme draws Rs 45,477 crore investment, creates 67,000 jobs: Union Minister HD KumaraswamyThe auto PLI scheme has attracted Rs 45,477 crore investment and created over 67,000 jobs. Government enhanced electric two-wheeler scheme ...
- Maruti Suzuki CEO flags global supply risks, calls for deeper localisation across automotive supply chainMaruti Suzuki's MD urged deeper localisation for India's manufacturing growth. Global supply chains are reconfiguring, creating opportuniti...
- Two-wheelers, passenger vehicles to drive 8-10% auto volume growth in FY27: ReportIndia's automotive sector anticipates robust growth in FY27, driven by two-wheelers and passenger vehicles. August 2026 saw double-digit vo...
- Race is On! India set to put 5 million cars on the road soonIndian car sales are expected to exceed five million units this fiscal year. This milestone positions India as the third nation globally to...
- Car sales jump 36% in August, companies gear up for festive boomIn India, passenger vehicle sales achieved impressive double-digit growth last month, spurred by automakers ramping up factory dispatches t...
- India’s passenger vehicle sales jump 35% to 4.5 lakh in August as Maruti, M&M drive growthPassenger vehicle sales in India soared by 35 percent in August, reflecting a thriving automotive market. Leading manufacturers such as Mar...
- GST 2.0 gives auto, economy a fresh gear; India car market seen at 6.3 million by 2031: Maruti ChairmanMaruti Suzuki Chairman RC Bhargava credits GST reforms for economic impetus and growth. The Indian car industry is projected to reach 6.3 m...
- Silver rebounds from correction: Can the recovery gain momentum?Silver has rebounded sharply from its recent correction, supported by gold’s rally, a weaker US dollar and expectations of stronger industr...
- TVS Motor names global biz head Peyman Kargar as next chief executiveKargar will take over as director and CEO from K N Radhakrishnan on January 27, 2027, TVS Motor said on Friday. Radhakrishnan will continue...
- From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
- TVS Motor names insider Peyman Kargar as CEO, replacing RadhakrishnanPeyman Kargar will become TVS Motor's new Chief Executive Officer in 2027. He brings over three decades of global automotive industry exper...
- Semiconductor GCCs set to add 10,000 jobs in IndiaAbout 80% of the expected headcount growth will come from existing GCCs and 20% from new centres, said Pareekh Jain, chief executive of EII...
- The smartphone king Apple killed is back, but not in your pocketBlackBerry has completed a remarkable corporate turnaround after its smartphone business collapsed. The company now thrives by providing se...
- Auto ancillary sector: Time for another re-rating? 5 stocks from the auto ancillary space with upside potential of up to 30%Auto ancillaries are in a very different situation from three years ago. At that time, it was all about who will be able to make the transi...
- Gabriel India forms JV with South Korea's HL Klemove for autonomous driving technologyGabriel India has formed a joint venture with South Korea's HL Klemove. This partnership aims to expand presence in autonomous driving solu...
- Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investmentCommerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade ...
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