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.
Ultraviolette Automotive has taken a significant step in its global expansion strategy by entering Central and Eastern Europe through a new partnership with Elektrorider. The Bengaluru-based company has appointed Elektrorider as its official importer and distributor across Hungary, Croatia, Slovakia, Romania, Slovenia and the Czech Republic, further strengthening its presence across 19 European countries. This strategic alliance marks a key milestone in Ultraviolette's ambition to position itse
Bengaluru, 4th December 2024- PURE EV, one of India's leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the house-hold brand space. Dr. Nishanth Dongari, Founder & MD of PURE EV, ...Read More >
New Delhi: Ola Electric on Tuesday unveiled a special edition of Roadster X+, to mark the milestone of one-millionth vehicle roll-out from its Future Factory in Krishnagiri, Tamil Nadu. The special edition has been launched in a midnight blue finish with sporty red accents on the dual-tone seat, rims, and battery pack. The celebratory model also incorporates badges made from recycled copper waste and electroplated bar ends, highlighting the brand's sustainability focus. Ola Electric's growth has been driven by its popular S1 electric scooter line-up and the recently launched Roadster X motor ...Read More >
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, An ...Read More >
According to the official press release, the offer includes a price benefit of ₹20,000 already reflected in the pricing, cashback of up to ₹10,000, and an assured gold coin with every purchase. In addition, one customer will receive an iPhone through a lucky draw. Expansion plans Oben Electric currently operates more than 50 showrooms in cities including Bengaluru, Delhi, Pune, Kochi, Jaipur, Amritsar, Hyderabad and Lucknow. The company has said it intends to expand to over 150 showrooms ac ...Read More >
Bengaluru : Numeros Motors is entering its next phase of growth with a new Chief Executive Officer at the helm. The Bengaluru-based EV manufacturer has appointed Arun Srivastava as CEO, effective 2nd April 2026. He succeeds Shreyas Shibulal, who will continue as Founder and Member of the Board, working closely with Mr. Srivastava on strategy and expansion. Mr. Srivastava brings over two decades of strategy and leadership experience in the automobile and industrial sectors. An alumnus of the Indian Institute of Technology, Kharagpur, he has a proven track record of incubating businesses from t ...Read More >
NEW DELHI: TDK Corporation has announced that its corporate venture capital arm, TDK Ventures, Inc., has invested $21 million in Ultraviolette, a Bangalore-based innovator in high-performance electric motorcycles. The funding, part of Ultraviolette's latest investment round, underscores TDK Ventures' commitment to advancing sustainable mobility worldwide. India's electric two-wheeler market presents a massive opportunity to cut emissions and deliver cleaner urban transport. While electric scooters have reached 18% market penetration in just four years, electric motorcycles remain below 0.1%. ...Read More >
New Delhi, July 15 (SocialNews.XYZ) India's passenger vehicle sales crossed the one million mark in the April-June quarter (Q1) of 2025-26 with exports registering a double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. "Passenger Vehicles, comprising utility vehicles and cars, saw their highest ever exports in Q1 of 2025-26 of 2.04 Lakh units, registering a growth of 13.2 per cent over Q1 of 2024-25," according to the SIAM statement. Export growth in this segment was driven by stable demand across most markets, with strong perfo ...Read More >
Mumbai, Dec 4 (PTI) Electric two-wheeler maker PURE EV on Wednesday announced plans to open 250 dealerships pan-India over the next 30 months as part of a roadmap to strengthen its presence nationwide and expand globally. The expansion will be driven by the growing demand for long-range scooters, electric motorcycles, large B2B contracts, and the company's entry into the household brand space, the Hyderabad-based firm said. Besides, the company said expanding beyond India, it plans to commence exports to the Middle East and Africa by March next year, marking a significant step in its journey ...Read More >
Gurugram : Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan concluded FY 2025-26 with its highest-ever annual sales of 14,39,415 units, registering a double-digit growth of 15% over 12,56,155 units sold in FY 2024-25. Domestic sales stood at 11,74,874 units in FY 2025-26, up from 10,45,662 units in the last financial year, reflecting a 12% increase. Export performance remained robust with 2,64,541 units, as against 2,10,493 units in FY 2024-25, marking a significant 26% growth. MARCH 2026 SALES PERFORMANCE In March 2026, SMIPL recorded ...Read More >
Royal Enfield Flying Flea C6 Royal Enfield launched its first electric motorcycle, named the Flying Flea C6, in India at a starting price of Rs 2.79 lakh (ex-showroom). With battery-as-a-Service (BaaS), the electric motorcycle costs Rs 1.99 lakh (ex-showroom). This launch represents a significant advancement in the company's entry into the electric vehicle segment. Moreover, this event will pave the way for the future electric motorcycles that the brand has already announced. Flying Flea C6: Ra ...Read More >
Hyderabad, Dec 4 (PTI) Electric two-wheeler manufacturer PURE EV announced plans on Wednesday to expand its dealership network to over 320 outlets across India by mid-2027. The company plans to launch PuREPower in 2025, leveraging its vehicle battery and powertrain platform. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind Nagpur Being State's Winter Capital. "Over the next 30 months, we aim to add 250 new dealerships, expanding our network to over 320 across India. This growth will be fueled by increasing demand for long-range scooters, ...Read More >
Ola Electric Mobility today announced that it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for its Roadster X+ 11 kW 4.5 kWh from the Global Automotive Research Centre (GARC) under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). With this, Roadster X+ 4.5 kWh becomes the first motorcycle in the Roadster portfolio to receive PLI certification, marking a sig ...Read More >