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India Used-Car Market To Hit $70 Bn By FY31: Redseer Report

India Used-Car Market To Hit $70 Bn By FY31: Redseer Report

Darshan Nakhwa and Mugdha Mishra     calendar15 May 2026

The report says India’s used-car market could reach 9-10 million units by FY31, expanding at 8-11% CAGR by volume, and making India third largest globally.

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Emerson Expands NI Nigel AI Across Test Software Portfolio News
Emerson Expands NI Nigel AI Across Test Software Portfolio

By Eshisha Java calendar15 May 2026

The company said the expanded AI capabilities will support prompt-based code generation and cross-platform intelligenc...

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Petrol and Diesel Prices Increase by Rs 3/Litre; CNG Prices Up by Rs 2 News
Petrol and Diesel Prices Increase by Rs 3/Litre; CNG Prices Up by Rs 2

autherKiran Murali calendar15 May 2026

A litre of petrol in Delhi now costs Rs 97.77, while diesel is priced at Rs 90.67 per litre.

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TVS Motor Company Appoints Ravindran Shanmugam as Independent Director News
TVS Motor Company Appoints Ravindran Shanmugam as Independent Director

autherShruti Shiraguppi calendar14 May 2026

Shanmugam, co-founder of AI-enabled platform Mablle and an Oxford alumnus, joins the board for a five-year term subjec...

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C40 Cities and The Climate Pledge Propose Framework for Zero Emission Trucking in India News
C40 Cities and The Climate Pledge Propose Framework for Zero Emission Trucking in India

autherDev Vadchhedia calendar14 May 2026

The blueprint targets the electrification of 20 priority routes by 2027 and outlines a phased expansion to establish a...

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BGauss Unveils BG-PinkE Scooter Concept Through Rajasthan Royals IPL Partnership News
BGauss Unveils BG-PinkE Scooter Concept Through Rajasthan Royals IPL Partnership

By Eshisha Java calendar14 May 2026

The EV two-wheeler maker has introduced the ‘BG-PinkE’ scooter concept and dealership activations as part of its lates...

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Honda To Launch Sub-4-M Product In India From 2028 News
Honda To Launch Sub-4-M Product In India From 2028

autherKiran Murali calendar14 May 2026

According to the management, the brand’s focus areas for new car launches will be the high-volume sub-4-metre category...

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Honda Pivots Back to Hybrids as EV Slowdown Forces Strategy Reset News
Honda Pivots Back to Hybrids as EV Slowdown Forces Strategy Reset

autherKiran Murali calendar14 May 2026

The company said it will launch 15 next-generation hybrid models globally by FY30, with a major focus on North America...

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Honda’s India Rethink: Redefining Strategy with Market-Specific Product Approach News
Honda’s India Rethink: Redefining Strategy with Market-Specific Product Approach

autherKiran Murali calendar14 May 2026

From 2028, the automaker will start offering strategic models in two categories - sub-4-meter and mid-size.

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After Steering DeMerger, Iveco Bid, Tata Motors CHRO Kandi Moves On; Nambiar to Lead Next Phase News
After Steering DeMerger, Iveco Bid, Tata Motors CHRO Kandi Moves On; Nambiar to Lead Next Phase

autherKetan Thakkar calendar14 May 2026

Sitaram Kandi exits Tata Motors after leading HR through the demerger and Iveco acquisition process, with DP Nambiar s...

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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

 

53.85%

No

 

46.15%

Total Votes : 13