According to Research Intelo, the global aftermarket automotive services market reached USD 438.2 billion in 2024, reflecting sustained demand across passenger vehicles, commercial fleets and the expanding electric mobility segment. The market is projected to grow at a CAGR of 5.7% from 2025 to 2033, reaching an estimated USD 721.5 billion by 2033. This expansion […]
Servotech Renewable Power System Ltd., in collaboration with Electra EV, has secured a patent from the Indian Patent Office for an innovative electric vehicle charging device designed specifically for low-voltage EV platforms. The patented technology addresses a key interoperability challenge in India’s rapidly expanding EV ecosystem by enabling fast DC charging of low-voltage electric vehicles using […]
CEAT, one of India’s leading tyre manufacturers, hosted women fleet owners from across the country for a curated engagement programme in Chennai aimed at fostering industry dialogue, knowledge exchange, and a deeper understanding of tyre manufacturing and product development processes. Participants representing various regions experienced an immersive visit to CEAT’s state-of-the-art Chennai plant, designated as […]
Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has broken ground on a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai, marking a major step in strengthening the country’s electric mobility ecosystem. The project will involve an investment of approximately ₹400–500 crore and forms part of […]
Reinforcing its role as a responsible mobility leader, Kia India, one of the country’s leading mass premium carmakers, announced the launch of Phase II of its flagship road safety initiative, ‘Buckle Up’, in partnership with The Social Lab Foundation (TSL), under the aegis of the Ministry of Road Transport and Highways (MoRTH). Marking the next phase, […]
Tata Motors has secured cumulative orders for more than 5,000 buses and bus chassis from multiple State Transport Undertakings (STUs) across the country. The company has won a significant share of these nationwide tenders, reaffirming its position as India’s most preferred partner for mass mobility solutions. Each tender was awarded through a competitive e-bidding process […]
Royal Enfield’s Meteor 350 has crossed the six lakh sales milestone globally, underscoring the strong popularity of the mid-size cruiser since its launch in November 2020. Known for its relaxed cruising character, refined engine and effortless rideability, the Meteor 350 has emerged as a preferred cruiser for both experienced motorcyclists and new riders. The motorcycle […]
Mahindra Group currently holds close to 7% market share in the trucks and buses segment and around 24% in the intermediate and light commercial vehicle (I&LCV) bus category. It aims to expand its overall market share to around 10–12% by FY31 and exceed 20% by FY36. Mahindra’s Truck and Bus Business (MTB) has strengthened its […]
Brandworks Technologies, long known for its consumer electronics and power management expertise, is making a decisive move into automotive electronics with a design-led Original Design Manufacturing (ODM) model. The company’s focus on powertrain motors, controllers, charging solutions and vehicle power electronics reflects a larger industry shift, where EV OEMs are seeking co-development partners rather than […]
Keto Motors, an emerging electric vehicle manufacturer, has successfully secured CMVR Type Approval Certification from the Global Automotive Research Centre (GARC) for its 9-metre Urbanova KE9 electric bus, marking a significant milestone in the company’s expansion within India’s electric public mobility segment. The certification confirms compliance with all statutory safety and performance standards, including structural […]
In a significant move to promote gender inclusion in India’s construction sector, SANY India has facilitated the first-ever all-women batch of excavator operators at the National Academy of Construction (NAC) in Andhra Pradesh. The pioneering group of 22 women trainees successfully completed their certification in March 2026, coinciding with International Women’s Day and highlighting the […]
In a hyper-connected world, the same technologies driving efficiency are also expanding the landscape of cyber vulnerabilities. As industries become increasingly connected, cybersecurity is rapidly evolving from protecting data to safeguarding critical infrastructure and human lives. Recognising this shift, Deloitte India has launched ConnectSafe, a first-of-its-kind cybersecurity innovation lab designed to help organisations test and strengthen their […]
India’s automotive industry continued its growth momentum in February 2026, with strong demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Several leading manufacturers reported robust year-on-year increases, reflecting sustained consumer confidence, improving rural demand and steady expansion in exports. Commercial Vehicles & Off-highway In the commercial vehicle segment, Tata Motors Limited reported total domestic and international CV sales […]
VE Commercial Vehicles Ltd. (VECV) has announced the appointment of B Srinivas as the new Managing Director & CEO, effective 1st April, 2026. B Srinivas has spent more than three decades at Eicher, managing diverse responsibilities across various business lines, and in strategy, sales, marketing and operations. Since 2024, Srinivas has served as the Chief Operating Officer of VECV. […]
Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to OEMs, has introduced a new range of advanced trumpet horns for the Indian aftermarket, aimed at enhancing road communication and safety across passenger and commercial vehicles. With the rapid growth of India’s mobility ecosystem and increasing traffic density, vehicle horns continue to play […]