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FUTURE READINESS OF AUTO SUPPLIERS
AI boom lifts Foxconn August sales to USD 29.14 billionFoxconn's August sales surged significantly, reaching the second-highest monthly total in its history. This growth was fueled by strong dem...- Auto component suppliers sit on Rs 98,000 cr inventory, says reportIndian auto component firms hold significant inventory, potentially releasing billions through better management. Many MSMEs need to invest...
- Electronics to make up 50-55% of car cost by 2030, signalling major localisation opportunity: BCG-ACMAElectronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles...
- Govt floats fresh IT tenders at higher pricesGovernment departments are revising IT hardware tenders with higher pricing. Many previous tenders lapsed as brands refused outdated price ...
- Sales didn't move, the profit went up. Here's the trick which is used to do thisHere is one that should make you look twice at any company you own. A company paid a supplier Rs. 394 crore, described in its accounts as a...
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Maharashtra govt aims to make Mumbai slum free in 10 years: CM FadnavisMaharashtra aims to make Mumbai slum-free within the next decade. The state is pushing for 10,000 homes in Dharavi by January 2029. Redevel...
- Canadian PM Mark Carney ready to strike trade deal with US as tariff deadline loomsCanada is ready to negotiate a trade deal with the United States. Washington imposed significant tariffs on Canadian goods, prompting retal...
- Raymond's Defence and Aerospace Push Positions It as a High-Conviction Engineering PlatformAs of September 3, 2026, Raymond's market capitalisation stood at approximately ₹5,012 crore. FY26 total income rose 10% to ₹2,312 crore, E...
- EV subsidies to end in coming years, auto companies must prepare: Heavy Industries SecyAs stated by officials, government subsidies for electric vehicles will phase out in the coming years. It is imperative for automobile comp...
- India’s auto parts makers face a new race: Localise, innovate, leadIndian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain...
- US-India partnership can help reshape global auto supply chains, says Sergio GorThe United States views India as a vital partner for global automotive supply chains. This relationship now extends beyond component trade ...
- From claims to evidence: Why your university's AI readiness needs to be measurableAs universities increasingly talk about becoming AI-ready, the more important question is how that readiness can actually be demonstrated. ...
- 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 ...
- 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...
- Honda tells suppliers to cut costs in $9 billion push to fend off ChinaHonda plans to cut more than $9 billion in costs by 2030 and has asked suppliers to sharply reduce prices as it struggles with rising compe...
- Trump aims at Canada. Toyota and Honda could pay the billProposed US tariffs could significantly impact Canadian auto production lines. Japanese automakers Toyota and Honda face potential producti...
- Mindtree cofounder Subroto Bagchi to head Karnataka Skill Development Vision GroupThe Vision Group has been set up under the Karnataka State Skill Policy 2025-32 and brings together leaders from industry, academia, civil ...
- India sees Canada export opening as US trade tensions reshape imports: ReportIndia sees new export chances in Canada as economic ties strengthen. Bilateral trade aims for fifty billion dollars by twenty thirty, with ...
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