Page 5- Industry Movement News

Olectra Greentech records impressive FY26 growth with rising EV bus deliveries and strong profit expansion, reflecting growing adoption of electric mobility solutions in India.

Carraro India posts impressive Q4 results with a sharp 76 percent rise in net profit, supported by strong export momentum and steady domestic market growth.

Varroc Engineering posts a solid Q4FY26 performance, with profits climbing on the back of record revenue and accelerating growth in its EV business segment.

TVS Srichakra’s latest Rs 220 crore investment in its Madurai plant aims to enhance tyre production capacity, strengthen supply capabilities, and support rising demand across domestic and international markets.

Cummins India delivered a strong Q4 performance with Rs 650 crore profit, supported by rising domestic demand and steady market momentum.

Tata Motors emphasizes the need for affordable ethanol pricing to drive flex-fuel vehicle adoption, suggesting it would be more impactful than reducing GST rates in India’s evolving fuel ecosystem.

Ather Energy takes a strategic step by forming an insurance subsidiary, aiming to strengthen its ecosystem and enhance the customer ownership experience pending regulatory nods.

Yamaha is developing a radar-integrated, semi-automatic gearbox that can automatically downshift and harness engine braking, helping motorcycles decelerate more progressively and stay more stable when traffic slows suddenly.

Data is rapidly becoming the backbone of the automotive sector, driving innovation across product development, customer engagement, and mobility solutions.

Maruti Suzuki serviced more than 2.84 crore vehicles in FY2026 through nearly 6,000 service touchpoints and plans to expand its network to 8,000 by FY2030-31, reflecting increased focus on after-sales service.

Crisil highlights potential moderation in toll revenue growth due to global uncertainties affecting traffic volumes and freight movement.

The collaboration between Elektrobit and ETAS aims to streamline ADAS development with an integrated software platform, enabling faster deployment, enhanced safety features, and scalable solutions for modern vehicles.

The GIVI XSpace top case brings innovation to motorcycle storage with its expandable design, allowing riders to adjust capacity based on their needs without compromising on style or practicality.

AXISCADES’ $30.6 million deal with Akkodis marks a strategic pivot toward aerospace and defense, signaling a sharper focus on high-growth, high-margin sectors.

EKA Mobility strengthens its presence with 60 dealerships across 15 states, signaling strong growth plans in India’s electric commercial vehicle segment.