The Society of Indian Automobile Manufacturers (SIAM) has elected Mr. Shenu Agarwal, Managing Director and CEO, Ashok Leyland Ltd., as its new President for 2026-27. Agarwal, who previously served as Vice President of SIAM, succeeds Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd., as Immediate Past President. The new office bearers were […]
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By Ashim Sharma, Senior Partner & Group Head, NRI Consulting & Solutions India India’s automotive sector is undergoing a major transition as we rapidly approach a vehicle parc of 10 million Battery Electric Vehicles (BEVs). The BEV parc has grown by 57% CAGR from 2020, enabled by the expansion of charging infrastructure and strong policy […]
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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has announced the appointment of Mr. Sriram Viji, Managing Director, Brakes India Pvt. Ltd., as President for the 2026–27 term, and Mrs. Anjali Singh, Executive Chairperson, ANAND Group & Gabriel India, as President-Designate. Welcoming the new leadership, Mr. Vinnie […]
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Backed by 16.3% growth in OEM supplies and accelerated battery localization, India’s auto component sector doubles down on its trajectory toward $200 billion by 2030 The Automotive Component Manufacturers Association of India Mobility Foundation hosted its 66th Annual General Meeting on 2nd September in New Delhi. Under the theme “Beyond Resilience,” the event convened top […]
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The disruptions of tomorrow, the report warns, will not look like those of the past. Building the muscle to face them — before they arrive — is what will separate the industry’s winners from the rest. India’s auto component industry has grown at a remarkable 17% CAGR over the past decade, reaching $86 billion (₹7.6 […]
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Yuma Energy, India’s fastest-growing battery swapping network, has raised $35 million in Series A funding from Magna International Inc., one of the world’s largest automotive suppliers. The funding will support the expansion of Yuma Energy’s battery swapping infrastructure across India as the company builds on its momentum of delivering over 60 million battery swaps across […]
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OHM Global Mobility, the strategic e-mobility arm of Ashok Leyland and part of the Hinduja Group, has launched 130 new air-conditioned electric buses in Chennai under Phase 2 of the Metropolitan Transport Corporation’s (MTC) electric bus programme. The buses were flagged off by Tamil Nadu Chief Minister Mr. C. Joseph Vijay at the Secretariat, in […]
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UltraTech Cement Limited, the world’s largest cement company by sales volume and capacity outside China, has announced plans to scale up its electric vehicle fleet in logistics operations to over 600 EV trucks by December 2026. The company has signed service contracts with leading EV manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion, […]
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Kinetic Watts & Volts Ltd. (KWV) is strengthening its growth strategy with a focused push towards international markets, evaluating opportunities across Turkey, Nepal, Sri Lanka, Bangladesh, Kenya, Nigeria, and Egypt, as it looks to take its electric two-wheeler proposition global. The international expansion comes on the back of significant domestic momentum. The company currently has […]
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Automotive Skills Development Council (ASDC) hosted its 15th Annual Conclave 2026 at Taj Palace, Chanakyapuri, New Delhi, bringing together more than 500 representatives from government, industry, academia and the automotive sector to deliberate on the skills required to support India’s evolving automotive industry. Held on the theme “Skilled Hands, Strong Nation: Building India’s Automotive Future,” […]
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