India's auto component industry grew by 9.8% to Rs 6.14 lakh crore in FY24, driven by domestic and export growth, as per ACMA. The industry saw a trade surplus of USD 300 million.

India's Union Budget 2024-25 proposes customs duty exemption on lithium, cobalt, and other minerals, aiming to lower EV battery production costs and make electric vehicles more affordable.

ACMA urges government to incentivize capex, rationalize GST rates on EVs and components, and increase depreciation rates in the upcoming Budget 2024-25.

India's auto component aftermarket is projected to grow to USD 14 billion by 2028, driven by a surge in vehicle parc and export opportunities. Learn more about the report findings.

India's auto component industry plans to invest USD 7 billion over the next 5 years to expand capacity and upgrade technology, driven by robust demand and growth in vehicle sales.

TVS Motor Company reports a 13% increase in total sales for August 2023, reaching 3,91,588 units. Two-wheeler sales also saw a significant rise, driven by both domestic and export markets.

Tata Motors reports an 8% decline in total wholesales to 71,693 units in August, with both passenger vehicle and commercial vehicle sales experiencing dips.

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

Air India Express expands its domestic network with the addition of Agartala, offering daily flights to Guwahati and Kolkata. The airline also inaugurated new routes from Hyderabad, Bengaluru, and...

The tea industry is facing challenges from sluggish consumption growth, rising food inflation, and slow export recovery, according to FAITTA chairman Sanjay Shah.

TVS Motor Company reports a 13% increase in total sales for August 2023, reaching 3,91,588 units. Two-wheeler sales also saw a significant rise, driven by both domestic and export markets.

Tata Motors reports an 8% decline in total wholesales to 71,693 units in August, with both passenger vehicle and commercial vehicle sales experiencing dips.

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

The Central Consumer Protection Authority (CCPA) has fined Shankar IAS Academy Rs 5 lakh for misleading advertisements about its success rate and course details for the 2022 civil service exam.

Air India Express expands its domestic network with the addition of Agartala, offering daily flights to Guwahati and Kolkata. The airline also inaugurated new routes from Hyderabad, Bengaluru, and...