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Union Minister H D Kumaraswamy on Monday urged India's automobile industry to play its part in job creation saying the challenge of providing employment to even educated graduates is a "ground reality". Creating employment opportunities for the country's youth is critical to achieving the Viksit Bharat 2047 goal stated by Prime Minister Narendra Modi. "Let us work together for an automotive workforce ready for the next generation of mobility and contribute to the larger vision of a Viksit Bharat 2047," Kumaraswamy said while addressing the Automotive Skills Development Council (ASDC) Annual Conclave 2026 here. The minister noted that the challenge faced by the younger generation in the country regarding the employment is a "ground reality". "If we look into it, it is very difficult to get an employment, even educated graduates. I am regularly seeing youngsters who are approaching me every day. My personal request to all our automobile industry friends -- please look after the ...
Total automobile retail sales in India grew by 25.89 per cent year-on-year to 25,91,138 units in July, continuing with the demand momentum that set in after rationalisation of GST in the latter part of last year, the Federation of Automobile Dealers Associations said on Thursday. In July last year, total automobile retail sales in India were at 20,58,325 units, Federation of Automobile Dealers Associations (FADA) said in a statement. Passenger vehicles (PV) retail sales were at 4,16,555 units last month as compared to 3,49,674 units in July 2025, a growth of 19.13 per cent, it added. Sales of two-wheelers were at 18,18,289 units in July this year compared to 14,17,767 units in the same month a year ago, up 28.25 per cent, it added. Three-wheeler sales stood at 1,33,778 units last month as compared to 1,15,166 units in July 2025, a growth of 16.16 per cent, FADA said. Commercial vehicles also witnessed a 24.04 per cent rise in retail sales at 99,666 units last month as compared to
India on Monday invited the first round of applications for the allocation of 2026 import quotas for fully-built passenger cars and goods vehicles under the duty concession provisions of the India-UK free trade agreement. Under the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect from July 15, New Delhi has allowed the import of a total of 3.78 lakh units of conventional-engine passenger cars, including those in the mass segment, from the UK at a concessional customs duty during the first 15 years of the implementation of the trade pact between the two countries. Under the pact, tariffs on automotive imports will fall from about 110 per cent to 10 per cent, with quotas on both sides. Importers seeking to import vehicles from the UK under the quota-based duty concessions (tariff rate quota - TRQ) provided under the agreement can submit their applications from July 21 to August 4, the directorate general of foreign trade (DGFT) said in a ...