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Exclusive: JSW Group Eyes Majority in Proposed JV with Skoda Auto Volkswagen; Non-Binding MoU Likely Within Two Months

Exclusive: JSW Group Eyes Majority in Proposed JV with Skoda Auto Volkswagen; Non-Binding MoU Likely Within Two Months

autherKetan Thakkar     calendar05 Aug 2026

Proposed venture to fund Skoda Auto Volkswagen India's EV plans, expand localisation and become a key part of JSW Group's Make in India export plans.

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SIAM withdraws communication on E20 petrol contamination
SIAM withdraws communication on E20 petrol contamination

autherKiran Murali calendar04 Aug 2026

The industry body acknowledged that the figures referred to in the communication were not authenticated.

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Hyundai India says OEM Localisation Reaches 83% in FY26
Hyundai India says OEM Localisation Reaches 83% in FY26

autherKiran Murali calendar04 Aug 2026

The automaker said its domestic sourcing of steel increased by 10.5%.

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Ardee Industries Eyes Brownfield Expansion as Capacity Utilization Nears Trigger Point
Ardee Industries Eyes Brownfield Expansion as Capacity Utilization Nears Trigger Point

autherShahkar Abidi calendar04 Aug 2026

Lead recycler targets debottlenecking and adjacent land buildout while raising Rs 320 Crore fresh capital in Rs 426 Cr...

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Hyundai Sees India Becoming HMC's Second-Largest Market by 2030
Hyundai Sees India Becoming HMC's Second-Largest Market by 2030

autherKiran Murali calendar04 Aug 2026

Carmaker plans 26 product launches, Pune plant expansion to 1.1 million unit capacity, and Genesis luxury brand entry ...

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Castrol India Reports 43% Surge in Net Profit to ₹348 Crore in Q2CY26
Castrol India Reports 43% Surge in Net Profit to ₹348 Crore in Q2CY26

autherDev Vadchhedia calendar04 Aug 2026

Lubricant manufacturer posts Rs 1,871 Crore operational revenue.

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Sundram Fasteners Revenue Rises to Rs 1,846 Crore in Q1FY27, Plans ₹400 Cr Capex
Sundram Fasteners Revenue Rises to Rs 1,846 Crore in Q1FY27, Plans ₹400 Cr Capex

autherDev Vadchhedia calendar04 Aug 2026

Automotive component maker reports Rs 168.69 Crore net profit and plans Rs 400 Crore capital expenditure for capacity ...

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Simple Energy Expands Siemens Software Stack for Electric Vehicle Engineering
Simple Energy Expands Siemens Software Stack for Electric Vehicle Engineering

autherAutocar Professional Bureau calendar04 Aug 2026

Indian electric two-wheeler maker adopts Teamcenter X and Designcenter X to streamline complex variant design and spee...

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Michelin Says India Tyre Manufacturing Is About Market Access, Not Lower Costs
Michelin Says India Tyre Manufacturing Is About Market Access, Not Lower Costs

autherDarshan Nakhwa calendar04 Aug 2026

The new passenger car tyre line will initially carry higher production costs as Michelin depreciates its investment, b...

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If China can do it, why can’t we, is the new mindset: Siemens India MD
If China can do it, why can’t we, is the new mindset: Siemens India MD

autherMukul Yudhveer Singh calendar04 Aug 2026

The VP and MD of Siemens Digital Industries Software India says the next leap in vehicle development will come as mech...

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POLL OF THE MONTH

Has the US-Iran war given a structural boost to EV adoption in India?

Has the US-Iran war given a structural boost to EV adoption in India?

Yes

 

73.06%

No

 

26.94%

Total Votes : 412