News Updates

Tata Motors has rolled out exciting finance offers for its passenger vehicle customers in collaboration with IndusInd Bank for making its New Forever range of Tata Motors cars and UVs more affordable.

The partnership intends to revolutionise the Indian manufacturing ecosystem using advanced additive manufacturing technologies. They will target manufacturing companies in India and outside as well.

India Ratings and Research (Ind-Ra) expects tractor sales volumes to grow in low-mid single digits of 3%-6% yoy in FY22, mainly on a higher base following the 27% yoy growth witnessed in FY21.

Vitesco Technology, a leading international provider of drive technologies and electrification solution, exhibited its new generation of highly integrated electric axle drive for the first time.

Ampere Vehicles, the e-mobility business of Greaves Cotton Limited, announced a significant price cut on its electric scooters post EV Policy 2021 announced by the Gujarat state government.

Bajaj Auto announced a price of Rs 1,54,176 for its Dominar 250, which now costs INR 16,800 less. The newly announced price is expected to grow the franchise further.

Jaguar Land Rover said that the chip shortage was dynamic and difficult to forecast and expected it to continue for a long time. It said that sales would be affected with deliveries in the second quarter being 50% worse.

After two years of contraction, the Indian tyre industry's demand is poised to grow by 13%-15% in the original equipment manufacturer (OEM) segment this fiscal, according to ratings agency ICRA.

Gadkari shared his vision to achieve a 50% reduction in road accident deaths by 2025 and zero accidents and deaths by 2030. He mandated safety audits at all stages of road development to reduce accidents.