Plastic Omnium expects to double sales from India to Euro 400 million in 5 years  

By Kiran Murali 05 Mar 2024

Plastic Omnium is a key player in the car module space with its bumpers and tailgates, and exterior systems as well as...

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XLRI to set up India’s first dedicated automobile design institute

By Kiran Murali 04 Mar 2024

The institute, named INDEA, will not be for profit and is expected to be operational by the end of 2025.

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Tata Motors to demerge its businesses into two separate listed companies

By Kiran Murali 04 Mar 2024

The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of Tata Motors Limited sha...

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Demand for small cars likely to come back in second half of 2026, says Maruti Suzuki

By Kiran Murali 01 Mar 2024

Maruti Suzuki’s Senior Executive Officer for Sales and Marketing Shashank Srivastava said improvement in affordability...

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Govt approves three semiconductor plants; Investment pegged at Rs 1.26 lakh crore

By Kiran Murali 29 Feb 2024

The semiconductor fab in Dholera (Gujarat), will have a capacity of 50,000 wafers per month, while assembly, testing, ...

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Volvo Car India expects 33% of its sales to be EVs in 2024

By Ketan Thakkar and Kiran Murali 27 Feb 2024

The company sold 690 electric vehicles in 2023 – from its total sales of 2423 cars.

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India’s battery manufacturing capacity seen at 110-120 GWh by 2027-28, says Heavy Ind Secy

By Kiran Murali 26 Feb 2024

The government has awarded 30GWh capacity under the PLI scheme for ACC battery manufacturing to three companies and is...

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Govt keen on accelerating component exports to USD 100 billion by 2030, says ACMA President

By Kiran Murali 26 Feb 2024

“Whilst our industry is on a growth path, the government would like us to be much more aggressive on the export front ...

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How Bharat Mobility Global Expo aims to bring excitement into Auto Shows

By Kiran Murali 21 Feb 2024

By drawing the participation of every key player in the automobile and component sector, as well as major industry ass...

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India’s tyre industry expects to double exports by 2030: ATMA

By Kiran Murali  16 Feb 2024

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