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LOCALISATION IN AUTOMOTIVE INDUSTRY
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...- 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...
- Auto industry must focus on design, domestic value addition for e-mobility transition: H D KumaraswamyUnion Minister H D Kumaraswamy urged the automotive industry to prioritize design and domestic value addition. He emphasized that India's e...
- 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...
- Ola Electric gets Rs 95.81 crore PLI incentive for second straight yearOla Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore...
- 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...
- Jefferies raises Belrise Industries target price, sees 18% upside on strong demand, business expansionJefferies retained its Buy rating on Belrise Industries and raised its target price to Rs 280, citing strong automotive orders, two-wheeler...
- 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.
- Optimized builds satellites to focus on Earth, space trafficThe group has started building satellites after working for more than two decades on space payloads, testing infrastructure, electronic ass...
- Parliament Watch: India-US BTA push, EPFO relief, highway slowdown among key updatesA parliamentary panel has recommended the swift conclusion of the India-US Bilateral Trade Agreement, emphasizing the need for safeguards a...
- Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goodsThe panel suggested the commerce department prepare a time-bound roadmap to achieve the objectives of the Mission 500 initiative by promoti...
- Uzbekistan invites Indian firms for mining, minerals push ahead of PM Modi's visitIn a bid to enhance economic ties, Uzbekistan is inviting Indian investments into its mining and metallurgy sectors, highlighting lucrative...
- EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
- India, Uzbekistan could explore FTA, says Piyush Goyal; Uzbekistan invites Indian investment in mining, rare earthsIndia and Uzbekistan aim to double bilateral trade to three billion dollars within three years. Businesses are urged to increase investment...
- EV powertrain maker Matel raises Rs 130 crore in UC Impower-led roundFounded in 2017 by Sunil Patel, the former head of Bajaj Auto's Chetak EV development programme, and Netaji Patro, a former R&D leader at M...
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