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Targeting Minimum 70% Localisation for All New Models, Says JSW MG’s Anurag Mehrotra

Targeting Minimum 70% Localisation for All New Models, Says JSW MG’s Anurag Mehrotra

autherKiran Murali     calendar29 May 2026

The automaker will enforce a 70% domestic component baseline for future models while deploying a 3,000 to 4,000 crore rupee investment to expand plant capacity and supply chain resilience.

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SAVWIPL Launches Volkswagen Brand in Sri Lanka with Taigun and Virtus
SAVWIPL Launches Volkswagen Brand in Sri Lanka with Taigun and Virtus

autherArunima Pal calendar29 May 2026

Partnership with Continental Cars marks Volkswagen’s entry into Sri Lanka as SAVWIPL expands its regional export footp...

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Exports, Agri Demand Drive Carraro India’s Strong Q4
Exports, Agri Demand Drive Carraro India’s Strong Q4

autherDarshan Nakhwa calendar29 May 2026

The automotive component manufacturer posted a 41.7 crore rupee net profit for the quarter on the back of broad-based ...

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China’s SAIC Plans to Divest Another 10% Stake in Indian JV to Partner JSW: Reuters
China’s SAIC Plans to Divest Another 10% Stake in Indian JV to Partner JSW: Reuters

By Autocar Professional Bureau  calendar29 May 2026

SAIC Motor will sell an additional 10% stake in JSW MG Motor India to JSW Group, deepening localisation amid continued...

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TVS Srichakra Approves Rs 220 Crore Capex for Capacity Expansion at Madurai Plants
TVS Srichakra Approves Rs 220 Crore Capex for Capacity Expansion at Madurai Plants

autherDev Vadchhedia calendar29 May 2026

The tyre manufacturer will scale up production capacities for both its two wheeler and off highway tyre segments to ad...

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Omega Group Expands Nitin Khindria's Remit to Unify HR Across All Business Units
Omega Group Expands Nitin Khindria's Remit to Unify HR Across All Business Units

autherShruti Shiraguppi calendar29 May 2026

The Group CHRO will now oversee Human Resources for Omega Bright Steel Pvt Ltd in addition to Omega Seiki Mobility and...

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Varroc Engineering Q4 PAT More Than Triples To ₹70.5 Crore 
Varroc Engineering Q4 PAT More Than Triples To ₹70.5 Crore 

autherDarshan Nakhwa calendar29 May 2026

Revenue from operations rose 12.8% year-on-year to ₹2,368.1 crore in the quarter, which the company said was its highe...

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Cummins India Q4 PAT Rises 25% To ₹650 Crore On Strong Domestic Sales 
Cummins India Q4 PAT Rises 25% To ₹650 Crore On Strong Domestic Sales 

autherDarshan Nakhwa calendar29 May 2026

The company said strong customer demand, cost discipline and operating efficiencies supported its earnings performance...

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Toyota Kirloskar Motor Sets Price for All-Electric Urban Cruiser Ebella at Rs. 23.60 Lakh
Toyota Kirloskar Motor Sets Price for All-Electric Urban Cruiser Ebella at Rs. 23.60 Lakh

autherAngitha Suresh calendar29 May 2026

The single-variant BEV entry marks Toyota's first locally manufactured electric car in India as competition in the pre...

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Toyota Urban Cruiser Ebella E3 Priced At Rs 23.6 Lakh Ex-Showroom
Toyota Urban Cruiser Ebella E3 Priced At Rs 23.6 Lakh Ex-Showroom

By Eshisha Java calendar29 May 2026

Toyota has announced pricing for the Urban Cruiser Ebella E3 electric SUV, featuring a 61kWh battery pack, ADAS featur...

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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

 

70.57%

No

 

29.43%

Total Votes : 299