India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi, Jul 1 (PTI) Maruti Suzuki India on Tuesday reported a 6 per cent year-on-year decline in total sales to 1,67,993 units in June. The country's largest carmaker had sold a total of 1,79,228 units in June 2024. Its total domestic passenger vehicle dispatches to dealers stood at 1,18,906 units last month compared to 1,37,160 units in the year-ago period, a dip of 13 per cent, Maruti Suzuki India (MSI) said in a statement. "The slowdown in passenger vehicle sales is largely due to a sharp decline in the smaller segment cars. Historically, passenger vehicle sales used to grow at 1.5 times the GDP growth. But now, even after 6.5 per cent GDP growth, the car market is nearly flat," MSI Senior Executive Officer Rahul Bharti said. This is because the once mass small car segment is not participating in the growth at all, he added. "This is clearly an affordability issue," Bharti said. Since 2019, the entry-level price point in the industry has jumped by over 70 per cent, largely driven by stricter regulations, and sales of smaller cars have fallen by over 70 per cent. Sales of mini-segment cars Alto and S-Presso declined to 6,414 units against 9,395 units in the same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, also fell to 54,177 units from 64,049 units in June 2024. Utility vehicles Grand Vitara, Brezza, Ertiga, XL6, and Jimny clocked sales of 47,947 units last month compared to 52,373 units earlier. Sales of Eeco van stood at 9,340 units against 10,771 units. Light commercial vehicle Super Carry sales fell to 2,433 units from 2,758 units earlier. MSI said its exports last month stood at 37,842 units compared to 31,033 units in June 2024. PTI MSS MSS BAL BAL
Maruti Dzire Pros And Cons: Maruti Suzuki Dzire, the 4th best-selling car in India to date, has entered its 4th generation with enhanced styling, a youthful design, updated features, and a new Z-series engine. It is priced between Rs 6.79 lakh and Rs 10.14 lakh (introductory, ex-showroom, pan-India). Now, the question is: should you buy the new Maruti Dzire? To answer this, I took the Maruti Dzire for a spin to understand it from the driver's seat and through real-world experience. Based on my experience, here are the top 10 pros and cons of the Maruti Dzire, to help you make an informed decis ...Read More >
New Delhi, Jul 2 (PTI) Hyundai Motor India Ltd on Wednesday said its popular SUV model Creta has emerged as the best-selling passenger vehicle in the domestic market in June this year. Creta was the highest-selling model in the country for June 2025 with 15,786 units sold in the month, Hyundai Motor India Ltd (HMIL) said in a statement. Maruti Suzuki India's compact sedan Dzire was the second-best-selling model with 15,484 units in June followed by its compact SUV Brezza with 14,507 units in third, according to industry sources. "Over the last decade, brand Creta has consistently redefined ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the report, e-commerce also rose significantly, led by increased shopper penetration and spending, especia ...Read More >
New Delhi [India], April 1 (ANI): India's leading automobile manufacturers reported strong sales momentum in March and the fourth quarter of FY2025-26, with companies such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Ashok Leyland and Eicher Motors registering growth across key segments, including SUVs, commercial vehicles and exports. The performance reflects continued demand for passenger vehicles and steady growth in commercial vehicle sales as the financial year closed on a positive note for the automotive industry. Hyundai Motor India reported its highest-eve ...Read More >
An Ertiga made at its Manesar factory in Haryana is the 2 millionth vehicle to roll out from Maruti Suzuki's stables An Ertiga, its popular multi-purpose vehicle manufactured at its Manesar facility in Haryana, drove Maruti Suzuki India Ltd to new milestone -- two million vehicles manufactured in a calendar year, making India's largest car manufacturer the only company to achieve the feat in the passenger vehicle space. Of the two million vehicles, almost 60 percent were manufactured in Haryana ...Read More >
New Delhi, Apr 1 (PTI) Car market leader Maruti Suzuki India on Wednesday reported a 16.72 per cent rise in total sales at 2,25,251 units in March 2026 as compared to 1,92,984 units in the same month last year. Total domestic passenger vehicle sales were at 1,66,219 units last month as compared to 150,743 units in March 2025, a growth of 10.27 per cent, Maruti Suzuki India said in a regulatory filing. Sales of min cars comprising Alto and S-Presso were at 11,741 units as compared to 11,655 units in the year-ago month. Compact car, including Baleno, Celerio, Dzire, Ignis, Swift, WagonR sales ...Read More >
MUMBAI: Maruti Suzuki has once again steered straight into the record books, delivering its strongest sales performance ever in a financial year. In March 2026, the company sold a total of 225,251 units, taking its full-year FY 2025-26 sales to a record 2,422,713 units. This marks the highest-ever annual sales figure for India's largest carmaker. Domestic sales in March stood at 169,428 units, comprising 166,219 passenger vehicles and 3,209 light commercial vehicles. Sales to other OEMs added 8,783 units, while exports contributed a robust 47,040 units. For the entire financial year 2025-26, ...Read More >
TRICHY: AIADMK candidate Leema Rose Martin, wife of lottery baron Santiago Martin, contesting in Lalgudi assembly constituency in Trichy district has declared her total assets worth Rs 1,049.5 crores in the poll nomination papers. She is the richest candidate in Tamil Nadu election, outnumbering all chief minister candidates in the state. The 58-year-old female candidate with a pass in class VI as the education qualification from a govt higher secondary school at Thiruvadanai near Ramanathapuram district has declared her income for the financial year 2024-25 at Rs 9.8 crores. Her husband Santi ...Read More >
Noida: Traffic police have issued challans totaling Rs 1.2 lakh to two car owners after videos circulating on social media showed youngsters performing dangerous stunts with these two vehicles in Greater Noida's Knowledge Park.A 15-second clip on social media shows one youngster sitting on the window of a car and waving a lathi, while the driver's door is open. It cuts to another car, which is seen zigzagging on a road while a passenger sits on the vehicle's window.As the video sparked outrage among online users, Noida police swung into action and tracked down the vehicles, both registered wit ...Read More >
New Delhi, Oct 1 (PTI) Maruti Suzuki India on Wednesday reported a 3 per cent year-on-year increase in total sales at 1,89,665 units in September. The auto major sold a total of 1,84,727 units in the same month last year. "The GST reform has significantly improved the customer sentiment as reflected in the highest-ever deliveries of 1,65,000 units (first 8 days) during the ongoing Navratri festive period," Maruti Suzuki India (MSI) said in a regulatory filing. Total domestic passenger vehicle dispatches to dealers were at 1,32,820 units compared to 1,44,962 units in the year-ago month, a di ...Read More >
Hyderabad: Honda Cars India Limited (HCIL) has launched the most awaited facelift of the Amaze today at an introductory price of Rs 7,99,990 (ex-showroom, Delhi). With new styling along with segment-first ADAS suite, Honda Connect, and features packed in, the third-generation Amaze will directly rival the recently launched Maruti Suzuki Dzire in the Indian market. 2025 Honda Amaze: Design The most noticeable feature of the sedan is its updated design. The front grille has a honeycomb design and a set of Bi Projector LED headlights and fog lamps at the bottom, similar to Honda Elevate. Coming ...Read More >
Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch."Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy ...Read More >
Toyota Kirloskar Motor (commonly known as TKM) has reportedly rolled out a region-specific 'Awesome Toyota Service Campaign' this July 2025, targeting car owners who are based in South India. With monsoons bringing risks like low visibility, slippery roads and water damage, the campaign has been focusing on offering preventive maintenance that ensures safety and smooth driving during the rainy season. Key offers for Toyota owners The campaign includes a range of service benefits and discounts, such as: Toyota's commitment to hassle-free driving Mr. Wiseline Sigamani, the Vice President and ...Read More >
New Delhi, Sep 3 (PTI) Maruti Suzuki India is looking to roll out more sports utility vehicles, including one for the premium segment, as it aspires to lead the robustly growing vehicle segment, its MD and CEO Hisaschi Takeuchi said on Wednesday. The success in the SUV segment would also play a key role in the company regaining market share in the overall domestic passenger vehicle market, he noted. SUVs now account for around 55 per cent of the overall passenger vehicle sales in the country. For Maruti Suzuki, India's largest carmaker, SUVs now account for 28 per cent of the overall sales. ...Read More >
Mumbai: Indian equity markets ended the week on a positive note after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 5.25 percent. The Monetary Policy Committee, led by Governor Sanjay Malhotra, also maintained a neutral policy stance. The central bank delivered a double surprise-cutting rates and sharply lowering the FY26 inflation forecast to 2 percent from 2.6 percent, while raising the growth projection to 7.3 percent from 6.8 percent. Analysts said these moves reflect strong confidence in the economy and improving price stability. Se ...Read More >
India's love for small cars is under pressure. Demand for hatchbacks has fallen sharply in the last two years, forcing the industry to rethink. Now reports suggest the government might soften fuel efficiency norms after automakers, especially Maruti Suzuki, raised concerns. If this change goes ahead, it could revive interest in compact cars. Maruti Suzuki remains one of India's top-selling brands, with bestsellers like Alto and WagonR ruling city roads for years. Earlier, these smaller models contributed nearly two-thirds of Maruti's total sales, but that share has now fallen below fifty perc ...Read More >
MUMBAI: Small car prices may decrease by up to 10% if the applicable tax slab is reduced from 28% to 18%. As part of the wider reforms to boost economic growth, the centre has proposed moving from four tax slabs to a simplified two-rate system: 5% for essential items and 18% for most other goods. Luxury and sin products are likely to face a steeper levy of around 40%. "Cars currently are under the 28% GST band and if GST is rationalised to 18% then prices for entry-level cars can come down by 8-10%. Players like Maruti, Hyundai and Tata Motors which have a strong entry-level portfolio are li ...Read More >
India's auto industry is suddenly having a blast. After months of lacklustre sales, the world's third-largest car market is experiencing a revival, thanks to the government's decision to reduce GST. To add to that, the cuts also came ahead of the festive season, which typically contributes to about 40 percent of the annual sales. "The GST cut has created a genuine affordability kicker just ahead of the festive window. Passenger cars, two-wheelers, and parts moving from 28 percent to 18 percent GST translates to an effective 7-8 percent relief in on-road prices," says Harshvardhan Sharma, the ...Read More >
New Delhi, Apr 1 (PTI) Passenger vehicle sales in India scaled a new high of 47 lakh units in 2025-26, riding on record performance by automakers such as Maruti Suzuki India, Tata Motors and Mahindra & Mahindra with GST 2.0 revving up sales in the second half of the fiscal. While the industry is looking forward to carrying forward the sales momentum in the new fiscal, it is closely monitoring the West Asia war to mitigate potential supply-side risks and the possibility of impact on demand due to price hikes taken to offset rise in commodity prices. The year 2025-26 was a year of two halves w ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 GW of renewable projects, while exploring new opportunities in other states. The Group has already e ...Read More >
New Delhi, December 17: Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. The automaker also became the first among Suzuki Motor Corporation's global automobile manufacturing facilities to reach this landmark. Of the 2 million vehicles, almost 60 per cent were manufactured in Haryana and 40 per cent in Gujarat. "The 2 million production milestone is a testament to India's manufacturing potential and our dedication to 'Make in India' initiative," said Hisashi Takeuchi, Managing Director and CEO, Maruti Su ...Read More >
New Delhi, Dec 1 (PTI) With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust growth in sales in November as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at 2,29,021 units, a year-on-year growth of 26 per cent as compared to November last year. Total domestic passenger vehicle dispatches to dealers were at 1,70,971 units compared to 1,41,312 units in the year-ago month, an increase of 21 per cent. Overall sales, including LCV ...Read More >
New Delhi [India], April 1 (ANI): India's leading automobile manufacturers reported strong sales momentum in March and the fourth quarter of FY2025-26, with companies such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Ashok Leyland and Eicher Motors registering growth across key segments, including SUVs, commercial vehicles and exports. The performance reflects continued demand for passenger vehicles and steady growth in commercial vehicle sales as the financial year closed on a positive note for the automotive industry. Also Read | NASA Begins Fueling Rocket To La ...Read More >
Speaking at the CII Smart Manufacturing Summit in New Delhi, Huddar said, "The vision of Viksit Bharat targets manufacturing contributing 25 percent of GDP by 2047, but under current trajectories India would fall short by about USD 5.1 trillion." New Delhi: India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning th ...Read More >
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Thursday said the state government is committed to making Himachal a self-reliant economy by 2027 and a prosperous state by 2032, asserting that structural reforms initiated during the recently concluded Budget Session would accelerate growth. Addressing the media on the final day of the assembly session, Sukhu said that despite presenting a relatively smaller budget compared to the previous year, there was no financial crisis. "We have c ...Read More >
Chennai: Maruti Suzuki India Limited ("Maruti Suzuki") today announced that it achieved its highest-ever export volume of over 4.47 lakh vehicles in FY 2025-26. This is a robust growth of more than 34 per cent over FY 2024-25. With this feat, the Company is expected to continue its position as India's No. 1 passenger vehicle exporter* for the fifth consecutive year. FY 2025-26 marked the commencement of export of the Company's first Battery Electric Vehicle (BEV), the e VITARA. Following the flag-off by Hon'ble Prime Minister of India, at the Company's Hansalpur facility in August 2025, expor ...Read More >
New Delhi, December 17: Maruti Suzuki is reportedly testing a new Grand Vitara 7 seater SUV. Reports indicate that a new SUV has been spotted undergoing testing with camouflage, which suggests that it is still in the development phase. Design clues observed on the vehicle hint that it may be inspired from the upcoming Maruti Suzuki e-Vitara electric SUV. Multiple reports suggest that the SUV spotted in camouflage is believed to be the upcoming 7-seater version, codenamed Y17. Spy photos circulating online show the vehicle undergoing testing, providing a glimpse of its design. Despite the test ...Read More >
New Delhi [India], June 6 (ANI): Maruti Suzuki India Limited (MSIL) announced on Friday that its mid-size SUV, Grand Vitara, has surpassed a milestone of 3 lakh cumulative sales within 32 months of launch. "The Grand Vitara has been a catalyst in strengthening Maruti Suzuki's position in the mid-SUV market, and achieving this monumental milestone in such a short period of time is a new benchmark for the industry," said Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, according to a release. Also Read | Fecal Transplants: Study is a 'wake-up Call' f ...Read More >
Mumbai, October 27 (Monday): Hyundai Motor India Limited (HMIL) has unveiled the advanced technology and safety features of the upcoming second-generation Hyundai Venue, ahead of its official market debut on November 4, 2025. The compact SUV is set to redefine the segment with a major leap in connectivity, automation, and safety. Bookings are now open across Hyundai dealerships and online platforms for a token amount of ₹25,000. The next-gen Hyundai Venue, already one of India's most popular compact SUVs, is expected to attract tech-savvy buyers seeking advanced connectivity and safety in a c ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contractual appointment system for junior teachers in schools. "We are getting a monthly salary of Rs 16,000 ...Read More >