Automotive Industry

Vehicle launches are running 9-15 months behind schedule despite significant spending on digital product development tools, according to a Vector Consulting Group study

Helmet maker Steelbird Hi-Tech India has said the premium segment is expected to account for 20 per cent in the company's overall topline by 2032 as it sees demand growing for its niche brands. In the last fiscal year, the company clocked a revenue of Rs 869 crore, with the premium segment contributing less than 5 per cent, said SteelBird Hi-Tech Managing Director Rajiv Kapoor. He also said the company is aiming to double its helmet production capacity to 2.5 crore in the next five years, along with a topline of Rs 2,500 crore, besides plans to invest Rs 500 crore in the capacity expansion over this period. Steelbird Hi-Tech has seven manufacturing facilities in Himachal Pradesh besides three in Noida (Uttar Pradesh) and an R&D facility besides an office in Italy. It serves the helmet market under various brands and across segments, including premium range. "Premium segment (currently) is not so big. It will not be even 5 per cent of the total market. But it is growing and I think

Ravi Pandit co-founded KPIT Technologies with Kishor Patil in the 1990s and helped build the firm into a global automotive software and mobility solutions company

India's automotive metal forming market is expected to grow at a compound annual growth rate (CAGR) of 12 per cent to reach USD 90-95-billion by FY30, driven by cost competitiveness, engineering talent and supplier ecosystem, a report said. The industry has crossed a critical threshold in recent years, surpassing USD 80 billion in size in FY25 and transitioning from being a net importer to become a net exporter, according a report by investment bank Avendus Capital. The report highlights a structural shift in global automotive supply chains that is driving value concentration toward process-led manufacturing segments, particularly metal forming. The industry, which involves key manufacturing processes such as casting, forming, stamping and machining, has achieved exports of around USD 23 billion in the financial year ended March 2025. This reflects not just scale expansion, but a structural upgrade in manufacturing complexity, quality standards, and global integration, the report .

The ministry has also urged companies to shift factory operations from oil-based fuels to electricity and to use recycled aluminium or alternative materials as shortages and costs rise

Ministry advises automakers to cut oil-based fuel use, optimise production and explore alternatives amid supply constraints triggered by West Asia conflict

Former Whirlpool executive to lead engineering and digital capabilities at Daimler Truck Innovation Center India, succeeding Raghavendra Vaidya

MSDE's Directorate General of Training signs a Flexi-MoU with Bajaj Auto to train candidates in advanced automotive manufacturing under the revised Flexi-MoU Scheme

At February 10 meeting, BEE proposed separate yearly CAFE-3 emission targets

US chip firm Qualcomm Technologies and Tata Electronics have signed a pact under which Tata Electronics will manufacture Qualcomm Automotive Modules in Assam, a joint statement said on Friday. With this new cooperation, Tata Electronics joins Qualcomm Technologies' global network of module manufacturing partners aimed at supporting the growing global demand for modular automotive platforms. "Aligned with the 'Make in India' initiative, Qualcomm Technologies will manufacture Qualcomm Automotive Module products in India at Tata Electronics' upcoming semiconductor assembly and test (OSAT) facility in Jagiroad, Assam," the statement said. The collaboration aims to enable local production of automotive technologies for digital cockpits, infotainment, connectivity, and intelligent vehicle systems, addressing growing demand from Indian and global automakers while enhancing supply chain flexibility and geographic diversification. Qualcomm Automotive Modules integrate the Snapdragon Digital

Samvardhana Motherson's share price was trading 4.2 per cent higher at ₹134.85 compared to the previous session's close of ₹129.43 on the NSE

Maruti Suzuki India on Monday reported a 12 per cent year-on-year increase in total sales at 2,36,963 units in January. The auto major dispatched a total of 2,12,251 units in the same month last year. Total domestic passenger vehicle dispatches to dealers were at 1,74,529 units compared to 1,73,599 units in the year-ago month, a marginal increase, Maruti Suzuki India (MSI) said in a statement. Sales of mini segment cars, comprising Alto and S-Presso, rose to 14,268 units against 14,247 units in January 2025. Sales of compact cars, including Baleno, Dzire, Ignis, and Swift declined to 72,738 units from 82,241 units in the year-ago month. Utility vehicles, consisting of Grand Vitara, Brezza, Ertiga and XL6, clocked sales of 75,609 units last month over 65,093 units a year ago. Sales of van Eeco were at 11,914 units last month against 11,250 units in January 2025, while that of light commercial vehicle Super Carry stood at 3,771 units over 4,089 units earlier. MSI said its export

Ola Electric said it would lay off around 5 per cent of its workforce as part of a restructuring aimed at boosting profitability through greater automation

Jeep outlines a renewed regional roadmap with higher localisation, export expansion and focus on products and ownership experience amid intense competition in India's SUV market

Sona BLW Precision reported profit after tax of ₹150.7 crore in Q3FY26, down marginally 0.3 per cent year-on-year from ₹151.2 crore in the year-ago period

The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.

In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.

Nomura, in a note, said the acquisition marks SAMIL's formal entry into the global PV wiring harness segment outside India, an area where the group previously had limited exposure.

A new Gartner report has predicted that by 2029, only 5 per cent of automakers will maintain strong AI investment growth, starkly less than the 95 per cent currently engaged

Electric car sales grew by 63% YoY in November; but penetration fell to 3.7% below the pre-GST rate cut level of 5%