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India Launches ₹7,280 Crore Scheme to Build Domestic Rare Earth Magnet Manufacturing Capacity

autherSarthak Mahajan     calendar07 Apr 2026

The Ministry of Heavy Industries held a pre-bid conference on April 7 attracting at least 25 companies, with bids due by May 28, 2026.

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India's Electric Passenger Vehicle Market Nearly Doubles in FY2026 News
India's Electric Passenger Vehicle Market Nearly Doubles in FY2026

autherSarthak Mahajan calendar07 Apr 2026

Total electric PV retails surged 83.63% to touch 1,99,923 units in FY2026, with Mahindra, MG, and Tesla marking the se...

Mahindra and Swaraj Tractors Announce Price Hikes, Citing Rising Input Costs News
Mahindra and Swaraj Tractors Announce Price Hikes, Citing Rising Input Costs

autherSarthak Mahajan calendar07 Apr 2026

Both tractor brands, operating under the Mahindra Group umbrella, will implement separate price revisions within days ...

India's E2W Market Surges 21.81%, Crosses 14 Lakh Units in FY2026 News
India's E2W Market Surges 21.81%, Crosses 14 Lakh Units in FY2026

autherSarthak Mahajan calendar07 Apr 2026

India's electric two-wheeler retail market recorded robust growth in FY2026, reaching 14,01,818 units against 11,50,79...

India's Truck Rentals Hold Firm in March as Rising Costs Reshape Logistics Outlook News
India's Truck Rentals Hold Firm in March as Rising Costs Reshape Logistics Outlook

autherSarthak Mahajan calendar07 Apr 2026

Year-end freight demand steadied trucking activity across key corridors, even as tyre price hikes, toll increases, and...

'US Section 301 Probe Could Lead to Penalty Tariffs Above 10%’: Vinnie Mehta News
'US Section 301 Probe Could Lead to Penalty Tariffs Above 10%’: Vinnie Mehta

By Mukul Yudhveer Singh and Kiran Murali calendar07 Apr 2026

After a strong FY25 and a resilient run through most of FY26, India’s auto component industry faces fresh uncertainty ...

Excelfore Powers Tata Sierra with OTA Update and Remote Diagnostics Platform News
Excelfore Powers Tata Sierra with OTA Update and Remote Diagnostics Platform

autherSarthak Mahajan calendar07 Apr 2026

The deployment brings standards-based software lifecycle management and remote diagnostics to the Tata Sierra, marking...

Tata Motors Launches Electric Pickup Truck at Rs. 11.95 Lakh, Expanding EV Commercial Fleet News
Tata Motors Launches Electric Pickup Truck at Rs. 11.95 Lakh, Expanding EV Commercial Fleet

autherSarthak Mahajan calendar07 Apr 2026

The Intra EV Pickup offers a 211 km certified range, 1,750 kg payload capacity, and over 25,000 charging points across...

Sona Comstar Hits 500 Million Differential Gears and 10 Million Differential Assembly Marks News
Sona Comstar Hits 500 Million Differential Gears and 10 Million Differential Assembly Marks

autherShruti Shiraguppi calendar07 Apr 2026

The Gurugram-based auto components maker has nearly doubled its global market share in differential gears over six yea...

Gujarat Launches Cybersecurity-Audited Electric Bus Fleet in Ahmedabad News
Gujarat Launches Cybersecurity-Audited Electric Bus Fleet in Ahmedabad

autherSarthak Mahajan calendar06 Apr 2026

GlobalLogic and IRCLASS completed India's first structured cybersecurity assessment of connected electric buses before...