Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Stellantis appoints Aditya Jairaj as Deputy MD, Head of Jeep India operations

The Stellantis Group has appointed Aditya Jairaj as the Deputy Managing Director of Stellantis India, effective May 4. Jairaj will also lead the Jeep brand’s operations in the country.

Honda Motorcycle & Scooter India commences all India despatches of Shine motorcycle

Honda Motorcycle & Scooter India (HMSI) has commenced all India despatches of Shine from its 3rd Factory in Narsapura (Karnataka).

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Metalverse, India’s first DIY motorcycle accessories production company

Bandidos Group, South India's leading retailer of mid-range and premium motorcycle accessories, has launched its own manufacturing unit with first-of-its-kind technologies in India's motorcycle accessories industry.

Ceat Limited achieves five-star safety grading for Chennai Plant

Ceat Limited, a leading tyre manufacturer, has successfully completed a best practice Five Star Occupational Health and Safety Audit conducted by British Safety Council demonstrating its commitment towards the conti...

Mahindra Bolero SUV surpasses 1 lakh sales in FY 2023

Mahindra & Mahindra announced that its iconic Bolero SUV has crossed the 1 lakh mark in sales in FY 2023, marking a significant milestone. Since its introduction in 2000, the Bolero has sold over 1400000 units

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

ZF Aftermarket continues expansion in Indian market

ZF Aftermarket is expanding its product offering in India with the launch of three new TRW products. With the new products,

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

Tsutsumu Otani is new President, CEO, MD of Honda 2 Wheelers

Honda Motor Co., Ltd. announced the new top management in Honda Motorcycle & Scooter India (HMSI). Tsutsumu Otani will be taking on new responsibility as the President, CEO & Managing Director of Honda Motorcycle &...

Suzuki Motorcycle India appoints Kenichi Umeda as new Managing Director

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Kenichi Umeda as the new Managing Director of the company. Umeda succeeds Sato...

Rajan Mittal is new President at Isuzu Motors India

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

Sun Mobility to power 50000 food delivery vehicles for Zomato

Sun Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has entered into an association with Zomato, an online ordering and food delivery platform, to power 50,000 elect...

BPCL electrifies more than 5,000 kilometers highway stretches

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of 19 EV Fast-Charging stations at 110 fuel stations along 15 highways in Karnataka, Kerala and Tamil...

BYD India celebrates 16th year anniversary

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer, is celebrating 16th Year Anniversary in India. In the past 16 years, the company has played a significant role in accelerating NEV adop...

Guruprasad Mudlapur appointed President, Bosch India & MD, Bosch Limited

Effective July 1, 2023, Guruprasad Mudlapur will be appointed President of the Bosch Group in India and Managing Director of Bosch Limited. In his new role, Guruprasad will be responsible for the strategic growth an...

Al-Abdullah Group invests $50 million in Kabira Mobility

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...

TVS HLX series clocks3 million global sales milestone

TVS Motor Company has announced that the TVS HLX series has achieved a milestone of 3 million sales across 54 countries. This is the fastest million milestone that the brand has achieved in 17 months and it represen...

India should make 2, 3 wheelers sales 100% electric in next 5 years: Kant

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

Rajan Amba appointed Managing Director of Jaguar Land Rover India

Jaguar Land Rover has announced that Rajan Amba has been appointed as Managing Director of Jaguar Land Rover India, with effect from March 1, 2023. Rajan will join Jaguar Land Rover from Tata Motors Passenger Vehicl...

Pinnacle Industries announces EvolutioNARI recruitment drive for women

In a big push towards widening the pool of women workforce in the automotive manufacturing sector, Pinnacle Industries has announced one of the largest women-only recruitment campaigns christened as ‘EvolutioNARI’.

MG Motor India delivers a single-day shipment of 108 Hectors to Orix

MG Motor India announced that it has delivered 108 Hector SUVs over a single business day to Orix India for its Rent-a-Car division. Orix, one of the largest car leasing and rental companies in India, is part of Ori...

DriveX launches two-wheeler refurbishment centre in Coimbatore

Asia’s first multi-brand affordable mobility platform and India’s first and only digital-first two wheeler platform, DriveX has launched its first state of the art DriveX Technical Centre, a highly developed service...

BorgWarner announces Brady Ericson, Chris Gropp  as Phinia senior management

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Skoda Auto Volkswagen India increases its solar rooftop capacity to 18.5MW

As India targets net zero emissions by 2070 and plans to meet 50 percent of its electricity requirements from renewable energy sources by 2030, Skoda Auto Volkswagen India has taken another significant step towards ...

Kabira Mobility, Al-Abdulla Group to make Rs 300 cr Investment in EV plant

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

Hero Electric, Dhoot Transmission partner for wiring harness solutions

Hero Electric, India’s largest electric vehicle company, has partnered with Dhoot Transmission Pvt. Ltd for new wiring harness solutions. Under the partnership, Hero Electric’s products will be equipped with the lat...

Record year for Lamborghini sales globally; India sees 33pc jump at 92 units

The year 2022 saw Automobili Lamborghini break records with best sales figures ever. The company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Continental Automotive is making Indian 2 wheelers safer, tech savvy

Matthias Matic, Head of Safety and Motion Business Area, Continental Automotive Technologies GmbH, Germany noted, “Globally most of our business comes from four wheelers, but in India a big portion of our business c...

Rohit Suri, Jaguar Land Rover India, Tata Group, Tata Motors.

Jaguar Land Rover has announced that Rohit Suri, President and Managing Director, Jaguar Land Rover India, after spending over 14 years with the business is retiring from his position w.e.f. March 31, 2023. Suri jo...

Maruti Suzuki commences exports of Grand Vitara

India’s leading passenger vehicle exporter Maruti Suzuki has commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port r...

Mercedes-Benz hosts first Sustainability Dialogue in India

Mercedes-Benz hosted the first edition of its Sustainability Dialogue in India. The 2023 edition of the dialogue focused on ‘Sustainable Mobility – Accelerating Towards a Green, Inclusive and Safe Future’ to emphasi...

MG Motor India to upskill over 25,000 students in four years under MG Nurture

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

Manasi Tata takes over as Vice Chairperson of Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

BorgWarner electric propulsion engineering centre in Bengaluru

BorgWarner has opened a 95,000 square foot electric propulsion engineering centre in the Whitefield neighborhood of Bangalore, India. The team there will work on inverters, DC/DC converters, on-board chargers, integ...

Maharashtra alliance to build $2.5 billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Maharashtra alliance to build $2.5billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Gestamp showcases latest innovations for present, future mobility

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

59 products launched, unveiled on Day 1 of Auto Expo 2023

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

SEG Automotive introduces high voltage machines for Indian market

With the focus on clean mobility, the electric powertrain is adopted across major vehicle segment globally. In India, Light Electric Mobility has already gained big momentum based on local driving and usage patterns...

Rosmerta to showcase road safety digital solutions at Auto Expo 2023

Rosmerta, in association with SIAM, is all set to host the most promising awareness initiative on road safety. As a market leader in the mobility solutions, Rosmerta pioneers the innovation led products and solution...

EV startup Weber Drivetrain partners with Wuxi Lingbo Electronic Technology

Weber Drivetrain, a technology-driven EV startup for sustainability has announced a strategic Technology Transfer (TT) partnership with China-based Wuxi Lingbo Electronic Technology. Under this collaboration, Weber ...

Altair leads seed funding for Xscape Photonics with $10 Million investment

Altair, a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwid...

Indian Auto Component Industry grows 34.8pc in first-half of 2022-23

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry has announced the findings of its Industry Performance Review for the first ha...

Kalyani Group green steel under the brand Kalyani Ferresta

Saarloha Advanced Materials Private Limited (Saarloha), a Kalyani group company, has launched first of its kind in India, green steel under the brand “Kalyani Ferresta” in the presence of Jyotiraditya Scindia, Union...

Cummins to unveil Destination Zero product range at Auto Expo 2023

Cummins Group in India, a leading power solutions technology provider, said it would present its Destination Zero decarbonisation strategy and product range at the 16th Auto Expo in the Indian capital New Delhi next...

Mahindra to locate EV manufacturing plant in Pune, Maharashtra

Mahindra & Mahindra (M&M Ltd.), one of India’s leading automotive companies, has announced that their investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industr...

HYM Drive Systems inaugurates manufacturing facility in Ludhiana

HYM Drive Systems, a joint venture between Hero Motors Ltd. and Yamaha Motors Co. (Japan), has inaugurated its plant at Hero E-Cycle Valley in Ludhiana. Pankaj Munjal, Chairman of Hero Motors Company, inaugurated th...

Brussels plant kicks off production for new Audi Q8 e-tron

On December 14, the first Audi Q8 e-tron drove off the production line at the Brussels plant. It marks the beginning of an era for the new top model in Audi’s electric SUV range. The plant has been a role model for ...

Tata Motors, Everest Fleet MoU for delivering 5000 XPRES-T EVs

Keeping the vision of a clean and green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, signed an MoU with Everest Fleet Private Limited for the ...

As wedding bells ring, auto sales see overall growth of 26pc: FADA

Auto retail in November’22 saw an overall growth of 26 per cent, according to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA).

Wedding season gives an impetus to passenger vehicle sales in Nov 2022: FADA

Passenger vehicles retail sales in November’22 saw an overall growth of 21pc YOY, according to sales data released by the Federation of Automobile Dealers Associations (FADA). The sales were aided by the Great Indi...

Two wheelers retail sales grow by 24pc in Nov 2022: FADA

According to Nov 2022 sales data released by the Federation of Automobile Dealers Associations (FADA), the Indian 2W segment showed a huge growth of 24% YoY but fell marginally by 0.9%, when compared to Nov’19, a pr...

Apollo Tyres inaugurates advanced R&D tyre testing facility

Apollo Tyres has inaugurated an advanced tyre testing facility, which is housed at its Global R&D Centre, Asia in Chennai, India. The new facility will help improve upon the efficiency and effectiveness of product d...

Spark Minda inaugurates 28th plant in India

Minda Corporation Limited, the flagship company of Spark Minda inaugurated a state-of-the-art wiring harness plant in Chakan, Pune on December 6, 2022. The new greenfield facility takes the count of plants across th...

Marquardt Group expands in India, launches global R&D Centre in Pune

Marquardt India, a leading manufacturer of electromechanical and electronic switches and switching systems for automobiles and other sectors opened its global R&D centre in Pune. The centre with skilled engineers is...

Lectrix EV plans 300 dealerships by mid-2023

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its network in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, ...

Eaton celebrates success of flagship event EnnovATiON 3.0

Power management company Eaton celebrated the success of its flagship event – EnnovATiON3.0.This first-of-its-kind event is a combination of the words Eaton & Innovation. It is annually hosted by Eaton’s Global Supp...

Vikram Kirloskar of Toyota Kirloskar Motor dies of heart attack

Leading Indian industrialist and Vice Chairperson of Toyota Kirloskar Motor Vikram Kirloskar died of a heart attack late Tuesday Nov 29, 2022. He was 64.

Uber introduces new tech features, strengthens safety support

App based taxi service provider Uber has announced the launch of new and expanded technology-led safety features and strengthened customer support in India. The company that celebrates ‘standing for safety’ as its c...

Skoda Auto Volkswagen India’s Aurangabad Plant switches to 100% Green Energy

Global auto leader Volkswagen Group’s Aurangabad facility has transitioned to 100% ‘green’ energy, well ahead of its 2025 target. With this achievement, Skoda Auto Volkswagen India Private Limited (SAVWIPL), which m...

Schaeffler Group inaugurates software technology centre in India

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Mahindra Rise Sustainability Champion Awards announced

Mahindra & Mahindra has announced the winners of the inaugural edition of ‘Mahindra Rise Sustainability Champion Awards’.

Honda Cars India signs agreement with MSTI for vehicle scrapping

Honda Cars India Ltd. (HCIL) has announced that it has signed an agreement with Maruti Suzuki Toyotsu India Private Limited (MSTI) to offer its customers, an end-to-end solution for scrapping their End of Life Vehic...

Ultraviolette gets further funding from Qualcomm Ventures, Lingotto (Exor)

Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, has announced investments from Qualcomm Ventures and Lingotto to expand the Series D round.

Grupo Antolin opens Global Design and Business Services office in Pune

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Lance Bennett is VP, Sales & Marketing for Mercedes-Benz India

Mercedes-Benz India announced an organisational change in its Sales & Marketing function effective from February 1, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Ben...

EV startup EVeium to open 100 plus showrooms pan India by 2023 end

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

Skoda Auto India marks new peaks with India as growth hub

Skoda Auto India celebrated the last quarter of 2022 with an international congregation in the picturesque backdrop of the Himalayas in Dehradun. The peak-to-peak drive showcased the achievements of the company and ...

Rs 14 crore gift from TVS Motor Company for WMG, University of Warwick

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

Tata Motors celebrates production milestone of 50,000 EVs

India has embraced the EV revolution and this has driven Tata Motors, India’s leading automotive brand to a key milestone – the rollout of 50,000th EV in the country. The company rolled-out its 50000th EV, from its ...

Honda Cars India reaches 2 million production milestone in India

Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, announced that the company has reached the 2 million-unit milestone in cumulative production of Honda cars in India.

Lanxess, Kautex Textron develop safe battery enclosures for EVs

Technical plastics such as polyamide 6 offer numerous benefits for the design of battery enclosures for electric vehicles – in terms of sustainability, manufacturing costs, weight savings and economical functional i...

Filipino distributor Terrafirma Motors of Columbian Group inks deal with Hero MotoCorp

Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...

PM inaugurates DefExpo22 in Gandhinagar, Gujarat

Prime Minister, Narendra Modi inaugurated the DefExpo22 at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat.

Gadkari launches pilot project on Flexi-Fuel Strong Hybrid EV

Union Minister for Road Transport and Highways Nitin Gadkari launched Toyota’s first of its kind pilot project on Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV) in India which would run on 100% petrol as well...

Advik Hi-Tech, Nikki Co sign tech collaboration for CNG regulators

Advik Hi-Tech Private Limited (Advik) and Nikki Co. Ltd. have signed a Technology Collaboration for CNG regulators in their efforts to bring sustainable innovations in Compressed Natural Gas (CNG) mobility solutions...

Total vehicle retail for September’22 sees 11% growth, says FADA

The Federation of Automobile Dealers Associations (FADA) has stated that except tractors which decreased by -1.5%, all the other categories were in green. The two wheeler, three wheeler, passenger vehicle and commer...

Honda leads in 2 wheeler sales; Ola emerges leader in e-2wheelers: FADA

According to the Federation of Automobile Dealers Associations (FADA), the 2W segment is yet to show signs of any revival as it remains a drag by falling as much as -14% in retail sales for the month of September 20...

Passenger vehicles sales up by 10pc YoY: FADA

On YoY basis, total passenger vehicle retail sales for the month of September’22 saw a growth of 10%, according to the data released by Federation of Automobile Dealers Associations (FADA).

Isuzu Motors India set to deliver 25000 vehicles in FY22-23

Isuzu Motors India Private Limited (IMI), a subsidiary of Isuzu Motors Limited, Japan, celebrated its 10-year anniversary of its operations in India. The celebrations marked the 1st formal get-together of all the co...

ASDC Annual Conclave emphasises on building a skilling ecosystem

Speakers and participants at the Annual Conclave of the Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, urged upon the need to reinvent people, places, and practices to embrace...

BorgWarner opens new plant in India

BorgWarner has inaugurated another plant in Thiruvallur District near Chennai, India, which provides extensive manufacturing, assembly and storage space. Having two sites operating in close proximity is expected to ...

PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Kalyani Powertrain to drive growth at Bharat Forge

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded i...

Schaeffler India flags off Repxpert Mobile Aftermarket Technical Training Van

Leading industrial and automotive supplier, Schaeffler India Limited announced the flag-off of the second leg of Repxpert Mobile Aftermarket Technical Training Van.

Delta emerges as a major player in e-mobility sector worldwide

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

Audi India bolsters EV charging infrastructure

Audi India has successfully installed 100+ chargers across 60+ cities in the country – this includes all Audi India dealerships, workshop facilities and select SAVWIPL Group brand dealerships located across strategi...

Honda Amaze crosses 5 lakh cumulative sales milestone

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, pres...

TVS SCS to train 2000 rural youth every year to be ‘employment ready’

TVS Supply Chain Solutions (TVS SCS), one of the largest and fastest growing supply chain solutions providers in India, announced the inauguration of its Training Academy at Oragadam, industrial corridor, near Chenn...

Cyrus Mistry, former Tata Sons Chairman, dies in car accident near Mumbai

Industrialist Cyrus Mistry, 54 years old and former chairman of Tata Sons, was killed in a road accident when he was travelling from Ahmedabad to Mumbai in a Mercedes car, according to official reports. He was kille...

Santosh Iyer is new Managing Director, CEO of Mercedes-Benz India

Mercedes-Benz today made an important organisational announcement. After an extremely successful stint in India, Martin Schwenk will assume the responsibility as the President and Chief Executive Officer, Mercedes-B...

PM lays foundation stone for Suzuki electric vehicle battery plant

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

BLive partners with Elocity, Canada to boost EV charging network

BLive, India’s first multi-brand electric vehicle (EV) selling platform, and Elocity, a leading Canada-based pioneer in EV charging technology solutions have signed a Memorandum of Understanding (MoU) to partner on ...

Ultraviolette raises series D investment from European investor Exor Capital

Ultraviolette Automotive Pvt. Ltd announced that it has raised a fresh round of capital from a fund managed by Exor Capital. This investment is part of an ongoing (Series D) round of funding, with Exor Capital as th...

Indian Auto Component Industry clocks highest-ever turnover of Rs. 4.2 lakh crore

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.




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