As Sri Lanka is engulfed by its economic crisis, the new destination for Indian auto companies seems to be Bangladesh which is on the brink of a major economic boom, spurring auto majors to look eastwards.

According to the report generated by India Ratings (Ind-Ra), the domestic auto sector is facing a tough time because of the shortages of semiconductor chips.

KPIT Technologies announced the signing of an agreement to acquire a stake in Pathpartner Technology. The deal is expected to close in Q2 FY 2021-22.

The Madras High Court has ordered an audit at the Sriperumbudur factory of Renault-Nissan. The order was followed after allegations by workers regarding Covid-19 protocols being flouted.

As per ICRA, India can work on electrifying its two-and three-wheeler segment. This segment is favourable for the benefits of economies of scale due to the huge volume and total cost of ownership.

As India is reeling under the COVID-19 second wave, the ever-increasing demand for medical oxygen across the country has forced the Centre to impose restriction on its industrial use.

Speakers - which included Vinnie Mehta (Director General, ACMA), B B Gupta (President Business Head Auto Components, JBM Group), etc - highlighted trends in robotic applications in the manufacturing sector at Robotomation - hosted by German Mechanical Engineering Industry Association (VDMA)

Capgemini Invent report says that opening up the connected services portfolio to include third-party applications would be a way for auto manufacturers to regain pole position against their digital native counter parts.

Automobile revolution in India has been perfectly matched by enhanced capacities and R&D in tyre manufacturing. India produces one of the largest categories of tyres produced anywhere in the world.