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.

IndiGo has launched daily flights from Chennai to Jaffna, Sri Lanka, reducing travel time to 75 minutes. The new route strengthens ties between India and Sri Lanka.

India's Gross GST collections in August 2024 surged by 10% to Rs 1.75 lakh crore, driven by a 9.2% rise in domestic revenue and a 12.1% increase in import collections.

India's power consumption declined 4.7% to 144.21 billion units in August, attributed to above-normal rainfall reducing AC usage. Peak power demand also contracted.

A recent survey reveals that a majority of mobile users in India receive daily pesky calls, with financial and real estate sectors being the main culprits. Despite registering for DND, many...

Lenders to Reliance Capital allege that IIHL is delaying the implementation of the resolution plan, citing a required DIPP approval. The NCLT has directed the RBI and DIPP to expedite the process.

IndiGo has launched daily flights from Chennai to Jaffna, Sri Lanka, reducing travel time to 75 minutes. The new route strengthens ties between India and Sri Lanka.

Experts warn of soil degradation due to chemical overuse and crop residue burning, emphasizing soil health preservation for improved yields and quality crops.

India's Gross GST collections in August 2024 surged by 10% to Rs 1.75 lakh crore, driven by a 9.2% rise in domestic revenue and a 12.1% increase in import collections.

India's power consumption declined 4.7% to 144.21 billion units in August, attributed to above-normal rainfall reducing AC usage. Peak power demand also contracted.

A recent survey reveals that a majority of mobile users in India receive daily pesky calls, with financial and real estate sectors being the main culprits. Despite registering for DND, many...