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SOCIETY OF INDIA AUTOMOBILE MANUFACTURERS
Akums to acquire Oriflame India's manufacturing businessAkums Drugs and Pharmaceuticals will acquire Oriflame India's manufacturing business. This significant deal is valued at fifty-six crore ru...- India needs income-centric agri policies, greater Centre-state coordination: EAC-PM chairmanIndia must transition agriculture towards income generation, emphasizing crop diversification and market reforms, said S Mahendra Dev, Chai...
- Parliament watch: Surge in ITIs since 2014; PMKVY improves job outcomes & moreIndustrial Training Institutes have seen significant growth in numbers and capacity. Ethanol blending has not caused widespread vehicle eng...
- Indian seamless pipe manufactures add USD 1.4 bn in forex annually: Industry bodyIndian seamless pipe manufacturers contribute USD 1.4 billion annually in foreign exchange. This significant contribution comes from import...
- Sona Comstar to form 2 JVs with Japanese Denso Corp for electric, hybrid powertrain systemsSona Comstar and DENSO Corporation are forming two joint ventures for electric and hybrid powertrain systems. These partnerships will focus...
- NAN MagneTech to invest Rs 1,250 crore in Andhra Pradesh for rare earth magnet plantNAN MagneTech will invest Rs 1,250 crore in Andhra Pradesh for a new facility. This plant will be India's first integrated rare earth magne...
- Seven boys widened India's door to South Korea and everything changedSouth Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This cultural wave now fuels substanti...
- Maruti Suzuki to hike car prices by up to Rs 30,000 from AugustMaruti Suzuki will increase prices across its entire model range. This price adjustment will take effect starting in August 2026. The compa...
- PLI schemes attract ₹2.4 lakh crore investments, create over 14 lakh jobs till March 2026Production Linked Incentive schemes attracted over ₹2.40 lakh crore in investments and created 14.15 lakh jobs. These schemes have also ena...
- Global Market: Euro zone banks tighten credit standards amid geopolitical risks, ECB survey showsEuro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, ...
- No decision yet on petrol blending beyond 20% ethanol, says ministerThe government has not decided to increase ethanol blending in petrol beyond twenty percent. Any future increase will follow scientific stu...
- India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
- CAFE III norms signal faster EV shift in India while balancing automakers concerns: NomuraCAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or COâ‚‚ emissions across thei...
- India identifies $51 billion in critical imports for domestic manufacturing pushIndia seeks to increase domestic production for $51 billion in imports. This initiative targets critical manufacturing inputs across variou...
- India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehiclesNew fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms wil...
- India key EU partner for semiconductors due to skilled talent pool: European Commission VPThe European Union considers India a vital partner for semiconductor supply chain resilience. India's skilled talent pool makes it importan...
- India's passenger vehicle dispatches hit record high in Q1 as demand powers auto sales: SIAMDomestic passenger vehicle dispatches hit an all-time high in the first quarter of FY27. Two-wheeler and three-wheeler dispatches also saw ...
- Car sales jump 24% in June as auto demand stays strongIndia's passenger vehicle sales rose 24% year-on-year to 388,144 units in June, marking the third consecutive month of strong double-digit ...
- Anupam Rasayan signs USD 300 mn LOI with Spain's BasqueVolt for battery chemical supplyAnupam Rasayan India Ltd has signed a preliminary agreement with BasqueVolt SA. This non-binding letter of intent could generate USD 300 mi...
- SIAM urges govt to increase import duties to 40% on commercial tractors and prime moversThe Society of Indian Automobile Manufacturers seeks higher import duties on tractors. They want a 40% duty to prevent dumping from China. ...
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