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AUTOMOTIVE INDUSTRY LOCALIZATION
India targets $1 trillion exports this year, urges auto sector to go global: Piyush GoyalIndia aims for one trillion dollars in exports this year, seeking automotive industry growth. The government encourages companies to increa...- Critical minerals race: India looks to UK, EU for supply chainsIndia is discussing partnerships with the UK and EU for critical mineral processing. The nation collaborates with the US on resilient suppl...
- 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 ...
- 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...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and...
- 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...
- Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
- Do long-term investors need some unconventional thinking? 5 large-caps from different sectors with upside potential of up to 25%It is rare for bulls and bears to agree on anything. At this juncture, however, they seem to agree on one point: That the Indian stock mark...
- China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
- Commerce minister Piyush Goyal asks Japanese companies to deepen localisation in IndiaCommerce and Industry Minister Piyush Goyal has urged Japanese auto and capital goods companies to increase localisation, set up R&D and Gl...
- US stocks today: S&P 500, Nasdaq decline as tech sector falls, US prepares to impose more Iran sanctionsWall Street’s S&P 500 and Nasdaq declined on Monday, dragged down by a sharp sell-off in technology and semiconductor stocks.Investors reac...
- Chinese visa impact hits Indian physical AI startupsBeijing's move to refuse visas to Indian executives is also impacting other sectors such as automotive parts and electronics, which have st...
- Beyond assembly: Why India may need to move from scale to finesse in manufacturingIndia’s manufacturing opportunity is shifting from scale and assembly to deeper capabilities, engineering and innovation.
- Independence Day 2026: 79 years of an India on the rise as its households dream biggerIndependence Day 2026: Today's Indian consumers are transforming their financial habits, with a declining focus on food expenditure within ...
- Ola Electric gets two-year extension on cell-manufacturing PLI milestonesThe revised timeline secures Ola Electric a five-year PLI window through 2031 and could unlock up to Rs 7,240 crore in cumulative incentive...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- Honda outsources new vehicle program to Tata Tech to cut costsHonda has outsourced a new vehicle platform development to Tata Technologies. This move aims to significantly reduce costs and accelerate i...
- Kazakhstan positions itself as key logistics hub linking Europe with Asia & regional AI hubKazakhstan is expanding its transport infrastructure to link Europe and Asia. New highway construction and corridor expansions aim to boost...
- Eicher Motors leases 4 lakh sq ft in Sriperumbudur industrial parkEicher Motors secured nearly 400,000 sq ft on lease in Sriperumbudur. This expansion supports Royal Enfield's growing manufacturing footpri...
- Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production"We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India m...
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