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Five Vehicle Makers Corner Nearly All Auto PLI Payouts: Report

Darshan Nakhwa and Shahkar Abidi     calendar13 Jul 2026

Top five automakers secure over 99% of total capital disbursements as sub-component manufacturers await pending value addition claims.

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Mercedes-Benz India Reshuffles Sales & Marketing Leadership News
Mercedes-Benz India Reshuffles Sales & Marketing Leadership

autherSarthak Mahajan calendar13 Jul 2026

Nandita Godbole named Head of Marketing as Mercedes-Benz India realigns its sales and marketing team, with three other...

Hero Motocorp Warns Impact on Cost, Competition From Abrupt Cafe Rollout News
Hero Motocorp Warns Impact on Cost, Competition From Abrupt Cafe Rollout

autherKiran Murali calendar13 Jul 2026

The automaker said it is in talks with policymakers through SIAM for targets that are realistic and technically feasib...

India’s EV Component Market Seen Crossing ₹3 Lakh Crore by 2032: Report News
India’s EV Component Market Seen Crossing ₹3 Lakh Crore by 2032: Report

By Darshan Nakhwa and Shahkar Abidi calendar13 Jul 2026

IESA report values the market at ₹41,000 crore in 2025 and expects batteries, motors and power electronics to drive it...

Ashok Leyland Wins ₹222.65 Crore Arbitral Award Against Delhi Transport Corporation News
Ashok Leyland Wins ₹222.65 Crore Arbitral Award Against Delhi Transport Corporation

autherSarthak Mahajan calendar13 Jul 2026

Arbitral Tribunal in New Delhi ruled in favour of Ashok Leyland's claim over bus supply contracts from 2009-2011, reje...

JBM Electric Vehicles Signs MoU with Drivn to Supply 500 Electric Buses News
JBM Electric Vehicles Signs MoU with Drivn to Supply 500 Electric Buses

autherSarthak Mahajan calendar13 Jul 2026

The deal covers ultra-modern electric luxury buses for intercity fleet operators, bundled with financing, maintenance ...

BikeWo, KlikAir Sign MoU to Evaluate Air Cargo Logistics Platform News
BikeWo, KlikAir Sign MoU to Evaluate Air Cargo Logistics Platform

By Eshisha Java calendar13 Jul 2026

The partnership will assess pilot air cargo operations and multimodal freight solutions, with an initial focus on heal...

Steelbird to Set Up Seventh Manufacturing Plant in Baddi, Targets 2.5 Crore Helmet Capacity by 2032 News
Steelbird to Set Up Seventh Manufacturing Plant in Baddi, Targets 2.5 Crore Helmet Capacity by 2032

By Eshisha Java calendar13 Jul 2026

The new 22-acre facility in Himachal Pradesh will add 1 crore units of annual production capacity and support Steelbir...

Automotive Deal Volumes Drop, Investment Remains Focused on EVs and Mobility Tech News
Automotive Deal Volumes Drop, Investment Remains Focused on EVs and Mobility Tech

By Eshisha Java calendar13 Jul 2026

Grant Thornton Bharat says automotive deal volumes fell to their lowest level since Q2 2023, as investors focused on s...

Zelio E-Mobility Opens Coimbatore Plant to Expand in South India News
Zelio E-Mobility Opens Coimbatore Plant to Expand in South India

autherSarthak Mahajan calendar13 Jul 2026

Electric two-wheeler maker Zelio E-Mobility has launched a new manufacturing facility in Coimbatore, adding 60,000 uni...