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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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Exclusive: If China Can Do It, Why Can’t We, is the New Mindset: Siemens India CEO
Exclusive: If China Can Do It, Why Can’t We, is the New Mindset: Siemens India CEO

autherMukul Yudhveer Singh calendar04 Aug 2026

The Siemens India CEO says the next leap in vehicle development will come as mechanical, electrical, electronics and s...

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Amid Reports on E20 Contamination, Govt says OMCs Monitoring Fuel Quality Regularly
Amid Reports on E20 Contamination, Govt says OMCs Monitoring Fuel Quality Regularly

autherKiran Murali calendar04 Aug 2026

The oil ministry said two cases of chloride contamination have been found till now and sales from those pumps were sus...

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Michelin Plans to Make India Global Hub for Manufacturing, R&D, and Sourcing
Michelin Plans to Make India Global Hub for Manufacturing, R&D, and Sourcing

autherDarshan Nakhwa calendar04 Aug 2026

The French tyre maker plans to expand Chennai as a manufacturing and export base while increasing Pune’s role in tyre ...

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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

 

72.99%

No

 

27.01%

Total Votes : 411