The Indian automotive sector is grappling with supply chain hurdles, primarily due to restrictions on shipments of rare earth magnets from ...

To reach the ambitious goal of a $5 trillion economy, the government aims for $300 billion in electronics production, including $100 billio...

India aims to become a global leader in the electric vehicle (EV) sector by 2030, with the two-wheeler segment expected to achieve this goa...

The Indian government is considering legal action against seven electric two-wheeler companies for not complying with the FAME II scheme no...

Seven electric two-wheeler companies in India have collectively lost over Rs 9,000 crore ($1.2bn) in unpaid dues and market loss after thei...

The government is probing 12 automakers, including Hero Electric and Okinawa Autotech, for alleged misappropriation of subsidies under the ...

With the increasing share of the warehousing model, the company’s inventory days are elevated. In the previous three fiscal years, it had i...

Sources indicated that large auto players such as Hyundai, Tata Motors, Maruti Suzuki have already started studying their production plan k...

The auto parts industry has urged the government to come up quickly with the production-linked incentive scheme (PLI) for electric and elec...

Deepak Jain, president of the Automotive Component Manufacturers Association (ACMA), said with the government committing itself to a phased...

The current five-year PLI scheme has now been extended to ten more sectors to support domestic manufacturing and promote the country as an ...

ET had last week reported that India would soon extend the PLI scheme to at least eight more sectors to support domestic manufacturing and ...

Those under discussion include battery manufacturing, auto components, network products, textiles, food processing, solar photovoltaic cell...

The transaction would be EPS accretive to the shareholders of Pricol and the profitability is expected to further improve upon integration ...

The acquisition will give Pricol access to manufacturing locations in Europe and North America, where it does not have any footprint.

The 40 Indian companies that got the tax demand include Credit Suisse, Godrej Properties, Kohinoor Infrastructure and Carat Media, accordin...

Close on the heels of the sale of Piramyd Retail, the Ashok Piramal group is planning a restructuring of its business.