Auto Industry

With direct purchase incentives ending in Maharashtra, UP, Rajasthan and Tamil Nadu, which together drive more than a third of India's demand, carmakers warn that rising upfront costs could stall the industry's momentum.

A 7% slide in net profit wasn’t enough to stop the stock from rallying 5% on Wednesday. As the carmaker bets on a massive capacity expansion and an export surge, we look at why the market is looking past the headline numbers to find a potential entry point.

Longer shipping times, LPG shortages and freight pressures ripple through production and exports, even as demand has held up so far.

As the conflict in West Asia chokes off critical imports, the Centre has ordered Gujarat Narmada Valley Fertilizers and Chemicals Ltd to ramp up output to prevent the domestic supply chain from stalling.

The draft proposal introduces a bank passbook-like system in which companies that meet targets earn credits, while those that fall short accumulate debits that attract penalties, with an option to purchase credits to offset fines.

Major automakers have urged the state government to reconsider 5-10% lifetime levy, warning of impacts on adoption, investment, and clean mobility goals.

Though consumer purchasing decisions remain unaffected, auto dealers are urging customers to expedite purchases.

The new standards replace specifications from 1977 and aim to align India's automobile market with global efficiency and emission benchmarks.

While the India-US trade deal and a surge in North American truck orders are strong tailwinds, headwinds in non-auto business and technological advancements in EVs pose a risk.

Hero MotoCorp, TVS, and Bajaj Auto aim to expand electric scooter sales amid production challenges. Amid a sluggish growth in the EV market, they are adapting strategies to enhance supply and distribution.