Automotive Industry

Japanese mobility solutions and financial services provider ORIX Corporation has identified India as one of its two focus growth markets globally, bullish on the prospects of vehicle leasing and rentals in the country 'taking off' going forward, according to its President and Group CEO Hidetake Takahashi. The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000. India's growing economy, rising inflows of FDI, more multinational companies entering the Indian market and increasing number of domestic entrepreneurs all augur well for the growth of ORIX Corporation's businesses, specially vehicle leasing and rentals, Takahashi told PTI in an interview. "Outside of Japan, Australia and India are the markets that will be a focus for ORIX," he said when asked about the company's key growth markets for the future. Japan is currently the biggest market for ORIX with about 5 lakh vehicles

Three decades after liberalisation transformed its auto industry, Chennai has built a deep manufacturing and talent ecosystem and is emerging as a global hub for vehicles, components and EVs

Carsten Lammers says prolonged tax and customs disputes create uncertainty for global businesses, urging faster resolution, simpler tax laws and consistent policy implementation

Honda raised its full-year forecasts after quarterly profit more than doubled, aided by a weaker yen and lower US tariff-related costs

As vehicles transform into rolling digital hubs, automakers face the challenge of maintaining cybersecurity on global roads

While near-term uncertainties surrounding the monsoon, crude oil prices and geopolitical developments persist, auto sector's growth outlook is increasingly being driven by structural demand.

Transparency over customer data is becoming a core competitive advantage for brands

Trend leads to more women being employed on vehicle assembly lines

Piramal Alternatives on Tuesday said it has invested Rs 125 crore in JRG Automotive Industries to support the auto component maker's expansion plans as the company looks to scale manufacturing capacity and diversify its product portfolio. The investment has been made through Piramal Alternatives' India Credit Opportunities Fund II (PCF II). The capital infusion will be used for capacity expansion and strategic growth initiatives, including broadening JRG Automotive's product offerings, according to a release. "This funding will accelerate our growth, both organically and through strategic acquisitions, as we build a world-class auto components supply chain to meet rising global demand and better serve our OEM partners," said Pawan Goyal, managing director at JRG Automotive Industries India Pvt Ltd. The investment is the fourth capital infusion by Piramal Alternatives' India Credit Opportunities Fund II, a sector-agnostic fund focused on high-growth mid-market companies with an ...

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