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Mumbai, Apr 8 (PTI) Bosch Group's flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a preferential basis. The move positions Bosch with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of the domestic automotive sector, the company said. Bosch Chassis Systems India Private Limited represents the business of ...Read More >

"Materials are key enablers, whether for systems, weapons, or sensors. If you want capabilities beyond what you currently possess, you must develop materials that can provide that capability," the DRDO chairman said. He cautioned India against depending on foreign countries for material development technology. "You are not going to get it. They will give you the technology only once they have used it in their systems. And, when they move to the next generation technologies... when they give yo ...Read More >

NEW DELHI: The Bureau of Civil Aviation Security (BCAS) and Rashtriya Raksha University (RRU) on Monday inked a memorandum of understanding (MoU) to set up a dedicated indigenous testing centre to conduct trials and certification of full-body scanners and other security screening equipment for all airports in India. An official release from the Ministry of Civil Aviation said the MoU was signed in New Delhi in the presence of Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, Aviation Sec ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >

New Delhi, Apr 4 (PTI) The defence ministry has initiated the process for the indigenous design and development of a 1000-kg aerial bomb akin to Mk-84 for the IAF, aiming to boost India's 'Aatmanirbharta' in the sector, according to senior officials. The project is structured in two phases. The first involves design and development of six prototypes (live and inert), including associated tail units and equipment, they said. The second is the procurement phase, which will commence with the issu ...Read More >
New Delhi: Retail automobile sales in India surged to an all-time high of 29.67 million units in the just-ended fiscal year, growing 13%, with five of six vehicle categories setting new annual records. Passenger vehicle sales grew by 13% at 4.7 million units while two-wheeler sales clocked a 13% rise at 21.4 million units, per data collated by Federation of Automobile Dealers Associations (Fada) from the government's Vahan portal. Commercial vehicle sales grew by 12% at 1.06 million units, tra ...Read More >

Average salary increments across India Inc. are expected to remain largely stable at 9.1 per cent in 2026, marginally higher than the 9 per cent increase recorded in 2025, according to the "Deloitte India Talent Outlook 2026" report released by Deloitte on Monday. The survey, conducted between January and February 2026, gathered responses from organisations across seven sectors and 27 sub-sectors in India, primarily from chief human resources officers and senior HR leaders. The report also rec ...Read More >

New Delhi: The defence ministry has initiated the process for the indigenous design and development of a 1000-kg aerial bomb akin to Mk-84 for the IAF, aiming to boost India's 'Aatmanirbharta' in the sector, according to senior officials. The project is structured in two phases. The first involves design and development of six prototypes (live and inert), including associated tail units and equipment, they said. The second is the procurement phase, which will commence with the issuance of a com ...Read More >

New Delhi: India's passenger vehicle industry growth is expected to moderate to 4-6 per cent in FY27, largely due to the high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, GST rate cuts and multiple new model launches, ICRA said in a statement. "The industry continues to witness structural shifts, with utility vehicles accounting fo ...Read More >

New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday. The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA. The report expects growth across India's passenger vehicle (PV) and tract ...Read More >

NEW DELHI: Tractor sales surged sharply in the financial year 2026, with major OEMs posting double-digit volume growth. This growth momentum, however, may hit a roadblock as analysts forecast FY27 growth slowing to 0-3% amid high base effects and emerging El Niño risks. Ratings agency Crisil stated that tractor sales growth is projected to slow sharply to 0-2% year-on-year to about 1.2 million units in FY27. This follows an estimated 22% on-year rise in FY26, primarily driven by rationalisation ...Read More >
A high base, along with inflation risks and interest rate movements, will likely temper demand, while the tractor outlook remains tied to the monsoon and rural incomes India's passenger vehicle (PV) industry growth is expected to moderate to 4-6 per cent in FY27, mainly due to a high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the PV industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, ...Read More >

New Delhi [India], April 3 (ANI): Wholesale volume prints for the month of March 2026 came in healthy, as passenger vehicle (PV) & Tractor space outperformed. A steady growth trend was witnessed in the two-wheeler (2W) and commercial vehicle (CV) space. "OEM wholesale sales volume for March 2026 came in healthy with PV & Tractors segments outperforming peers," according to an ICICI Direct Research report. It further noted that "FY26 ends on a high note with healthy growth across all vehicle cat ...Read More >

New Delhi: The domestic automotive metal forming market of India is projected to nearly double to $90-95 billion by FY30, growing at around 12 per cent annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said. As per Avendus Capital analysis, India's auto component industry -- casting, forging, stamping and machining -- crossed $80 billion in size in FY25 and turned a net exporter during the year, with exports reaching approxima ...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 fl ...Read More >
NEW DELHI: Delhi Public Works Department (PWD) Minister Parvesh Singh Sahib, from Wednesday, has initiated a staggered removal of Chinese Hikvision's 1.4 lakh CCTV cameras installed citywide. These will be replaced with modern and secure cameras, complying with data security norms, and supported with a robust supply and service network. The PWD has installed a total of 2,74,389 CCTV cameras across the national capital: 1.4 lakh units in the first phase, between September 2020 and November 2022 ...Read More >

Pune : EKA Mobility, a leading electric vehicles and technology company, today announced an exceptional 5X year-on-year volume growth in FY 2025-26. The company sold 1,143 units and produced 1,344 electric commercial vehicles. This milestone comes on the back of the company's widest and most comprehensive range of electric vehicles across segments. The company entered the M&HCV truck segment this year, in addition to its existing bus and SCV portfolio. EKA Mobility is a Champion OEM under the Au ...Read More >

Pune (Maharashtra) [India], April 2: EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Aut ...Read More >

PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under t ...Read More >
New Delhi: Tata Motors Passenger Vehicles Ltd on Wednesday reported a 29 per cent rise in total sales at 66,971 units in March 2026 as compared to 51,872 units in the same month last year. Passenger vehicle (PV) sales in the domestic market stood at 66,192 units as compared to 51,616 units in the same month last year, a growth of 28 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. International business PV sales jumped over three-fold at 779 units last month as against ...Read More >

New Delhi, Apr 1 (PTI) Tata Motors Passenger Vehicles Ltd on Wednesday reported a 29 per cent rise in total sales at 66,971 units in March 2026 as compared to 51,872 units in the same month last year. Passenger vehicle (PV) sales in the domestic market stood at 66,192 units as compared to 51,616 units in the same month last year, a growth of 28 per cent, Tata Motors Passenger Vehicles Ltd said in a regulatory filing. International business PV sales jumped over three-fold at 779 units last mont ...Read More >

On the other hand, Bengaluru led home sales with 17991 units, followed by Pune with 16144 units and Thane with 15959 units. "Housing sales continued to moderate in the first quarter of 2026, with Delhi-NCR and Bengaluru emerging as outliers. This reduction is due to low supply across most cities. Close to 22,000 fewer units were supplied in Q1 2026 as compared to the same period last year," Samir Jasuja, founder and CEO, PropEquity, said. While Bengaluru led with 17,991 units sold, followed by ...Read More >

New Delhi, Apr 1 (PTI) Auto components maker Kay Jay Forgings Ltd has filed draft papers with markets regulator Sebi to raise Rs 360 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters, taking the total issue size to Rs 360 crore, according to the draft red herring prospectus (DRHP). The company may also consider a pre-IPO placement of up to Rs ...Read More >

New Delhi [India], April 1 (ANI): India's auto components industry is poised for structural growth as global supply chains realign, with process-led manufacturers expected to emerge as key beneficiaries, according to a report by Avendus. The report highlighted that the global automotive sector is undergoing a "structural reset," driven by electrification, cost pressures, and geopolitical shifts, which is prompting original equipment manufacturers (OEMs) to rethink sourcing strategies. "Cost opt ...Read More >

New Delhi [India], April 1 (ANI): India's export growth shall remain positive for most OEMs despite a hit on Middle East exports and container availability issues, as per a report by Nuvama Institutional Equities. "We maintain our constructive view on the automobile sector with healthy sales growth prospects for FY26-28E," the report said. The wholesale uptrend is expected to continue in Mar-26 despite production constraints. This momentum is largely driven by enduring positive customer sentim ...Read More >

New Delhi, March 30 (SocialNews.XYZ) Industry leaders on Monday welcomed the government's strong push on design capability and quality standards under the Electronics Component Manufacturing Scheme (ECMS), calling it critical for scaling India's electronics ambitions. Industry participants at an event hosted by the India Cellular and Electronics Association (ICEA) to mark the fourth tranche of ECMS approvals said that the ECMS scheme reflects India's shift from policy intent to on-ground execut ...Read More >

New Delhi, Dec 17 (PTI) Medical devices firm Healthium Medtech on Wednesday announced acquisition of a controlling stake in Paramount Surgimed Ltd. Paramount Surgimed is one of India's largest manufacturers and exporters of surgical blades, scalpels and dermal biopsy products. The non-surgical business of Paramount, including its lifestyle and hygiene business will be carved out prior to the transaction and retained with its promoter Grover family, Healthium Medtech said in a statement. The a ...Read More >
The swivel seat can be ordered as a retrofitment kit at Maruti Suzuki Arena dealerships and installed either in new WagonR models or in existing vehicles. Maruti Suzuki India on Wednesday announced the launch of the WagonR with an optional swivel seat, marking a step towards improving accessibility in mass-market passenger vehicles. The feature is aimed at enhancing convenience for senior citizens and persons with disabilities, extending mobility solutions to a wider customer base. The swivel ...Read More >
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