Industry Movement News

Greaves Cotton has approved a Rs 331 crore investment in its EV arm, Greaves Electric Mobility, via a rights issue to accelerate expansion and innovation in the electric vehicle segment.

Apollo Tyres has been recognised with the CarBike360 Excellence Award 2025 for Best Passenger Vehicle Tyre Brand, reinforcing its leadership in performance, safety, and innovation in India’s tyre industry.

India introduces a tariff rate quota for UK-built passenger cars under the CETA agreement, aiming to balance trade benefits with domestic industry protection.

Tata Group is accelerating its EV ambitions by investing in cybersecurity infrastructure and domestic battery manufacturing, aiming to enhance data protection, reduce dependency on imports, and support India’s growing electric vehicle ecosystem.

The Metal Recycling Association of India has urged the government to scrap the 2.5 percent import duty on aluminum scrap, citing cost pressures and the need to boost the recycling ecosystem.

Battery Smart has raised over USD 13 million to scale its battery-swapping infrastructure in India, aiming to support the rapid growth of electric two- and three-wheelers with faster, more accessible energy solutions.

Uno Minda is set to expand its footprint in India with a Rs 320 crore investment in a new passenger vehicle seating plant in Maharashtra, aimed at enhancing production capacity and meeting growing OEM demand.

BSSPL introduces AI-based driver monitoring technology across its airport fuelling fleet to strengthen safety standards, minimise human error, and ensure efficient aviation fuel operations.

ASSOCHAM is playing a pivotal role in advancing electric mobility in India by establishing sector councils and engaging in policy dialogue to support sustainable transportation growth.

ASSOCHAM President highlights Delhi EV Policy 2.0 as a guiding framework for states aiming to accelerate electric vehicle adoption and build a strong EV ecosystem.

DriveX Mobility expands its retail network with a new outlet in Bengaluru, focusing on accessible and reliable pre-owned two-wheelers.

Greaves Cotton has inaugurated a new Dubai hub as part of its strategic expansion into the Middle East and Africa, enhancing its global footprint and mobility offerings.

TVS Motor signals a confident FY27 outlook with stable demand expectations and a strategic rise in investments aimed at strengthening its market position and future-ready mobility solutions.

Craftsman Automation expands its footprint with a new Ludhiana plant, boosting production capabilities and catering to rising demand in the automotive and engineering sectors.

Volkswagen is discontinuing its automated driving partnership with Bosch to streamline costs and refocus investments on core electric and software-driven mobility initiatives.