BUSINESS
Carmakers line up Rs 1 lakh crore expansion plan as GST tailwinds drive 65% capacity surge
From a current production capacity of around 5.5 million passenger vehicles annually, Indian carmakers are preparing to scale up to nearly 9 million units per annum — a 65% increase, or an additional 3.5 million units
BUSINESS
Uncertain Runway: Traffic slide at Dabolim intensifies Goa’s two-airport debate
The Dabolim airport in Goa is one of the few profit-making airports for AAI. During FY25, the airport's profits nearly doubled to Rs 120 crore as against Rs 64.88 crore recorded in FY24
BUSINESS
Exclusive: Looking to back entrepreneurs in the field of supply chains: Shilpa Kumar, MD, British Int'l Investment
BII has invested about $4 billion in India, with a current portfolio of $2.5 billion spread across more than 600 companies
BUSINESS
Renault eyes India partnerships to unlock Chennai capacity amid turnaround push
Outside Europe, Renault operates in five major hubs — Brazil, India, Turkey, Korea and Morocco. Among these, India and Brazil are projected to account for nearly 50% of the French automaker's global growth in the coming years
BUSINESS
GST reset powers entry-level bike revival; Hero MotoCorp hits 8-yr high market share
A key driver has been the surge in first-time buyers. Hero said the share of first-time customers has risen from around 75-80%, attributing the shift to GST rationalisation that effectively rolled back two-wheeler prices to levels seen three years ago
BUSINESS
Mahindra eyes EU expansion with left-hand-drive vehicles by 2028, banking on India-EU trade deal
The zero-duty window under the deal could significantly improve price competitiveness for Indian-made SUVs and utility vehicles in Europe, particularly as the EU transitions toward diversified supply chains, said M&M
BUSINESS
Ashok Leyland Q3 net profit rises 4.5% to Rs 796 crore; revenue jumps 22%
Medium and heavy commercial vehicle (MHCV) volumes stood at 32,929 units in Q3 FY26, up 23 percent from 26,692 units in the same quarter last year. The growth outpaced overall industry expansion, resulting in a gain in market share.
BUSINESS
Akasa Air co-founder Praveen Iyer quits; Anand Srinivasan to take over as CCO
Iyer has been a key member of Akasa’s founding leadership team and played a pivotal role in building the airline’s commercial strategy, partnerships and revenue framework since its inception.
BUSINESS
China’s luxury car slowdown exposes a structural shift -- and a strategic opening for JLR
In July, Beijing raised the luxury car tax threshold, levying an additional 10% duty on vehicles priced between RMB 900,000 and 1.3 million — a direct hit to high-end imports
BUSINESS
Trade deal may open doors for US cars but right-hand-drive rules limit options
As part of the trade deal framework, India will initially lower tariffs on diesel cars above 2,500cc and petrol cars above 3,000cc to 50 percent before reducing them further to 30 percent over a 10-year period
BUSINESS
India’s auto parts get a US tariff breather: Preferential quota in new trade framework
North America continued to dominate India’s export basket, accounting for 30 percent of the country’s total auto component exports of $12.2 billion in H1FY26
BUSINESS
US removes tariffs on aircraft parts, giving major boost to India's aerospace and MRO industry
According to the joint statement, the US will eliminate tariffs imposed under proclamations that cited threats to national security, easing access for Indian aerospace products in the American market.
BUSINESS
Automakers seek early clarity as deadline nears for tougher CAFÉ norms: Tata Motors PV MD
Automakers typically require multiple years to redesign platforms, introduce electrified powertrains, optimise engine efficiency and localise advanced technologies to meet tighter fuel economy norms
BUSINESS
Tata Motors studies US trade route for JLR exports from India under Indo-US deal
The country’s largest automaker, which owns the British luxury car brands Jaguar and Land Rover, is in the process of setting up a new JLR assembly facility near Chennai, Tamil Nadu
BUSINESS
Tata Motors PV slips into loss in Q3 as JLR cyber attack cripples margins
Volumes also impacted by planned wind down of legacy Jaguar models ahead of new Jaguar launch, a deterioration of market conditions in China, and ongoing incremental US tariffs impacting JLR’s US exports
BUSINESS
Navi Mumbai Airport gears up for Phase 2 as airlines snap up all slots
Within 19 days of starting operations on December 25, with restricted flight operations, Navi Mumbai hit the 100,000 passenger mark on January 12
BUSINESS
Bajaj Auto hits refresh on Pulsar, to launch all-new portfolio in next 4–5 months
The company is also exploring entry into new motorcycle formats, including on-road and off-road bikes, either through a new brand or by reviving one of its dormant brands
BUSINESS
Auto body holds firm on 5–6% FY27 growth target despite headwind
The industry-wide consensus reflects cautious optimism, balancing policy support with lingering macroeconomic uncertainties
BUSINESS
Compact SUVs emerge biggest gainers from GST cut, says Hyundai
Hyundai noted that the SUV penetration in rural areas is now slightly higher than in urban centres, driven by improving infrastructure and evolving consumer aspirations
BUSINESS
UDAN scheme allocation remains unchanged at Rs 550 crore in Budget 2026
When compared to the actual disbursement of Rs 789.3 crore seen in 2024-25, there will be a 30% decline in 2026-27
BUSINESS
Budget 2026: Aircraft-making, MROs to get a boost as FM Nirmala Sitharaman proposes duty exemptions
India’s MRO industry is projected to grow to $4 billion by 2031, registering a compounded annual growth rate of 8.9 percent, according to the Ministry of Civil Aviation
BUSINESS
Budget 2026: Govt proposes to incentivize sea plane production to promote tourism, remote connectivity
The ministry of civil aviation had earlier proposed extending the VGF under the RCS (regional connectivity scheme) to seaplane operations would provide the initial fillip to the operators.
BUSINESS
Iveco acquisition on track; Tata Motors expects $4.45 billion deal closure in Q1 FY27
In July 2025, Tata Motors, through its commercial vehicle business, announced the acquisition of Iveco Group, the world’s fifth-largest commercial vehicle manufacturer.
BUSINESS
Economic Survey 2026: India’s EV market surges at 63% CAGR over six years, registrations near 2 mn in FY25
Electric passenger vehicle registrations crossed the 100,000 mark for the first time in FY25, registering an 18 percent increase compared to the previous year.
