Auto Industry

Vector Consulting Group, India's fastest-growing management consulting company, unveils an in-depth research-based report on the Indian auto manufacturing industry.

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

Prime Minister Narendra Modi inaugurated India's first automobile in-plant railway siding at Suzuki Motor Gujarat Private Limited, a wholly-owned subsidiary of Maruti Suzuki India Limited (MSIL) via video conferenci...

Revent Precision Engineering, in collaboration with ECS Mobility, has announced the establishment of a new state-of-the-art manufacturing facility in Dharuhera, Haryana.

On International Women’s Day 2024, Madhumita Agrawal, Founder and CEO of Oben Electric noted that the Indian auto industry faces a critical challenge: a significant lack of female representation, particularly in lea...

ZF, the third largest supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, has inaugurated its manufacturing plant in Oragadam, Tamil Nadu.

Bharat Petroleum Corporation Limited (BPCL), a leading player in the energy sector, marked a significant milestone at the India Energy Week 2024 in Goa. Prime Minister Narendra Modi reviewed the operation of the fir...

Automotive Skill Development Council (ASDC), operating under the Ministry of Skill Development and Entrepreneurship, made a remarkable presence at India's inaugural Bharat Mobility Global Expo – 2024.

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

HMC HIVE, a Hero Motors Company, from its integrated e-cycle manufacturing facility at Hero Cycle Valley in Ludhiana, announced its partnership with Belgian Cycle Factory, a leading cycling company in Europe and own...

Hyundai Motor India Limited (HMIL) released a behind-the-scenes glimpse into manufacturing of the new Hyundai Creta at its state-of-the-art production facility in Sriperumbudur, Tamil Nadu.

Hyundai Motor India has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and...

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

Honda Motorcycle & Scooter India(HMSI) inaugurated a new3rd assembly line at its fourth two-wheeler plant at Vithalapur in the state of Gujarat (India)adding a capacity of 6.5 lakh units

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

In a significant milestone, e-Sprinto, an electric two-wheeler manufacturer, has successfully sold over 8000 electric scooters since its inception in March 2022.

Continental announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV).

Stellantis India announced the appointment of Aditya Jairaj as CEO and Managing Director with effect from Jan 01, 2024. Aditya currently Deputy Managing Director, Stellantis India and Head – Jeep India, will succeed...

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another ...

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, announced the appointment of Shradha Suri Marwah, Chairperson & Managing Director, Subros Limited as Pr...

Hero Electric, India's leading electric two-wheeler company and a leader in city speed e-mobility, shared its plans to create differentiated brands for market categories. In line with that strategic vision, the comp...

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Wardwizard Innovations and Mobility Ltd., a pioneering electric vehicle manufacturer in India under the brand 'Joy e-bike', has taken a progressive step in the vision of establishing its EV Ancillary Cluster by sign...

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

The government is continuing with the FAME subsidy to bridge the price difference in EV

Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda fo...

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

iGowise Mobility (iGo), a leading deep-tech smart-mobility startup based in Bengaluru, has announced its initiative to transform the electric vehicle (EV) industry by providing a comprehensive holistic offering for ...

Valeo, the global automotive technology provider, has set-up a second line in Sanand, Gujarat, to manufacture Ultrasonic Sensors in India.

A 2,00,000+ strong Hunter 350 community across the globe … and still counting! Royal Enfield, global leader in the mid-size motorcycle segment (250cc - 750cc), has crossed the 2,00,000 sales mark for its compact and...

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Global leading industrial and automotive supplier, Schaeffler India Limited announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat.

Orxa Energies, a high-performance electric vehicle, and energy systems startup based out of Bengaluru, has inaugurated its new facility at Bommasandra Industrial area spread across 1 acre. The new facility accommoda...

Quantum Energy, a leading electric vehicle (EV) company specialising in the design, development, and manufacturing of electric scooters, has increased its footprint in Hyderabad with the opening of its 3rd outlet in...

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility spa...

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

Simple Energy, India's leading electric vehicle and clean energy start-up, commenced deliveries of its revolutionary product, the Super EV - Simple One.

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

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...

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 ...

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, 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...

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 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 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...

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...

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...

“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...

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’.

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...

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 ...

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, 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...

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...

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...

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...

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, 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 ...

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 ...

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...

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, 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...

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 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...

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, 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...

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.

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilities. Its Suzhou facility produced i...

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...

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.

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...

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...

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...

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...

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 ...

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 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...

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...

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.

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant...

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab.

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

Toyota Kirloskar Motor [TKM] announced the signing of a Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) and Automotive Skill Development Council (ASDC) to enhance student skill w...

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

Integrated automotive and industrial supplier, Schaeffler India has inaugurated its first aftermarket experience centre in Pune. The Aftermarket division of Schaeffler is responsible for the spare parts business of ...

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

Hero Electric announced the rollout of its first batch of electric scooters from Mahindra Group’s Pithampur plant in Madhya Pradesh. Earlier this year, Hero Electric had announced its 5-year partnership with Mahindr...

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...