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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, but retail prices will depend on product performance rather than where the tyre is made.

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If China can do it, why can’t we, is the new mindset: Siemens India MD News
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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Michelin Plans to Make India Global Hub for Manufacturing, R&D, and Sourcing News
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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Dhoot Transmission Sets IPO Price Band at Rs 829 to Rs 871 Per Share News
Dhoot Transmission Sets IPO Price Band at Rs 829 to Rs 871 Per Share

autherDev Vadchhedia calendar04 Aug 2026

Electrical component manufacturer targets August 10 launch for Rs 1,400 crore fresh issue alongside promoter share sal...

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Dhoot Transmission Weighs In on Passenger Vehicle Wiring Harnesses News
Dhoot Transmission Weighs In on Passenger Vehicle Wiring Harnesses

By Anurag Chaturvedi & Shahkar Abidi calendar04 Aug 2026

The Aurangabad-based supplier has gone from Chetak harnesses to being Volvo's only Indian electrical supplier in two d...

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Belrise Industries Buys Hyva India Tipper Business for $5.65 Million News
Belrise Industries Buys Hyva India Tipper Business for $5.65 Million

autherDev Vadchhedia calendar04 Aug 2026

Automotive component manufacturer expands commercial vehicle footprint with acquisition of manufacturing units in Pune...

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Dhoot Transmission Builds Ahead of Demand with Four Plants Under Construction News
Dhoot Transmission Builds Ahead of Demand with Four Plants Under Construction

By Shahkar Abidi and Anurag Chaturvedi calendar04 Aug 2026

Component supplier to construct new wiring harness plants in Haryana and Tamil Nadu to boost production capacity.

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Exide Flags Delay in Hyundai-Kia Battery Cell Localisation Project News
Exide Flags Delay in Hyundai-Kia Battery Cell Localisation Project

autherKiran Murali calendar03 Aug 2026

Battery maker confirms Hyundai-Kia joint localization project will not launch in FY27 as work continues on separate cu...

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Gulf Oil Lubricants Reports 32.5% Revenue Growth in First Quarter News
Gulf Oil Lubricants Reports 32.5% Revenue Growth in First Quarter

autherDev Vadchhedia calendar03 Aug 2026

Gulf Oil achieves standalone revenue of Rs 1,320.4 crore and 31.9% profit increase despite raw material cost inflation...

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Matel Motion Secures Rs 130 Crore in Series B Funding Round News
Matel Motion Secures Rs 130 Crore in Series B Funding Round

autherAutocar Professional Bureau calendar03 Aug 2026

UC Impower leads investment alongside Catamaran and Transition VC to scale manufacturing facilities and expand motor R...

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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

 

73.27%

No

 

26.73%

Total Votes : 419