Page 9- Industry Movement News

VinFast strengthens its Middle East strategy by appointing Rao as CEO to lead expansion and boost its EV presence.

Renesas expands its edge AI footprint by acquiring Irida Labs, aiming to deliver advanced real-time vision solutions across industries.

Bharat Forge’s Q4 FY26 results show a mixed performance with rising revenue but declining profitability, highlighting margin pressures and market dynamics.

Mahindra Group announces Vimal Agarwal as Group Chief Internal Auditor, effective July 2026, reinforcing its internal governance and audit framework.

Motherson strengthens its global footprint with a new automotive components plant in KEZAD, supported by the Abu Dhabi Investment Office to enhance regional manufacturing capabilities.

Bajaj Auto announces Rakesh Sharma as Joint MD starting June 2026, signaling a strategic leadership move.

Rising raw material costs and volatile commodities are tightening Hero MotoCorp’s margins, raising concerns about profitability in FY2026.

KPIT Technologies sees steady Q4 growth with rising demand for next-gen mobility and automotive software solutions.

ABB E-Mobility's OM X-Series delivers end-to-end liquid-cooled charging from 800 kW to over 10 MW, supporting 100+ points with 98% efficiency for fleets and depots. Debuted at ACT Expo 2026.

Greaves Cotton has announced Vinay Pawar as its new Group CTO, reinforcing its focus on advanced technology, digital innovation, and future-ready mobility solutions.

Mahindra & Mahindra’s latest supply chain review has flagged 82 auto part families as high-risk amid growing global and operational uncertainty.

India’s growth story remains strong as Mahindra’s CEO projects steady expansion backed by domestic drivers and economic stability.

BorgWarner has secured three major eMotor contracts across China and South Korea, marking a significant step in its electrification strategy and expanding its footprint in Asia’s EV market.

Sona Comstar is accelerating growth with a strong EV-focused order pipeline, targeting a 20% revenue increase in the coming financial year.

A deep dive into GEV’s 10-year journey and Arjun Madra’s contribution to India’s growing electric vehicle ecosystem.