India's Budget 2025-26 Coverage
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Topics: Auto Business

Union Budget 2025-26 Reactions: EV Makers Welcome Tax Relief and Infrastructure Investments

India’s electric vehicle industry has welcomed the Union Budget 2025-26, citing exemptions on capital goods and improved credit access as critical for scaling operations....

Budget 2025: Pre-Owned Car Market Requests Financing Reforms, Auto Industry Looks for GST Clarity

With the Union Budget just days away, the auto sector is hoping for game-changing reforms that could level the playing field between new and...

EV Sector Call for 5% GST, ITC Reforms, and Enhanced PLI in Budget 2025

As the date for the Union Budget 2025 draws near, the electric vehicle (EV) industry has outlined specific expectations that aim to accelerate growth...

Democratizing EVs: Sushant Kumar On AMO Mobility Drive For India’s Affordable Electric Scooters

During the interview with TechGraph, AMO Mobility's Founder and Managing Director, Sushant Kumar, highlights significant strides in India's electric mobility sector and how it...

CarDekho Group Achieves 46% Revenue Growth in FY23 Amid Strategic Shift

CarDekho, India's leading and most popular auto-tech solution provider has recorded exponential growth of 46% in revenue in the year FY23. The company has been...

e-Sprinto opens 26 dealership showrooms in India

e-Sprinto, an India-based leading electric two-wheeler maker has opened 26 new dealership showrooms across the country. As part of this comprehensive expansion plan, e-Sprinto has...

Tech-Infused Auto Care: Automovill CEO Mridu Mahendra Das On Enhancing Auto Services in India

Speaking to the TechGraph, Mridu Mahendra Das, Co-founder and CEO of Automovill spoke about how technology and digitalization have revolutionized the Indian automobile service...

Enhancing Auto Repair Business: RAMP Global’s Amit Kumar On Streamlining Garage Management Operations

In an interview with TechGraph, Amit Kumar, Co-founder & CEO of Ramp Global, spoke about the company's Garage Management Software (GMS) and its ability...

Honda India reports a 7% increase in domestic sales for 2022

Indian automaker Honda Cars India registered an increase of 7 percent in its domestic sales at 95,022 units in 2022. The company in its statement...

Inflection Point Ventures leads Rs 5.5 crore pre-Series A round in PumPumPum

Used car leasing platform, PumPumPum has raised Rs 5.5 crore in pre-Series A round funding led by Inflection Point Ventures in participation with Lets...

Hero MotoCorp total sale increased by 1.49% in February

Two-wheeler maker Hero MotoCorp has reported an increase of 1.45 percent in its total sales for February at 5,05,467 units compared to 4,98,242 units...

Hyundai Motor reports 26% increase in February sale

Automaker Hyundai Motor India has reported an increase of 24.6 percent in its total February sale to 61,800 units. Hyundai Motor India Limited (HMIL) in...

Budget 2021: Reactions from Automobiles & EV industry

In a bid to boost the pandemic hit economy, through the multiple investment announcement in the financial and banking sector. Finance Minister Nirmala Sitharaman...

Budget 2021: Expectations of the Auto sector

Before the Finance Minister Nirmala Sitharaman presents the Union Budget in the Parliament on February 1, 2021. Here's what the Auto sector expects from Finance...

Ola signs MoU with Tamil Nadu Govt for electric scooter factory

Leading mobility platform, Ola has signed the Memorandum of Understanding (MoU) with the Tamil Nadu government for an investment of Rs 2,400 crores to...

Ola appoints GM veteran Jose Pinheiro as Head of Global Manufacturing and Operations for Electric Business

Leading ride-hailing company Ola has announced the appointment of General Motors veteran Jose Pinheiro as its Head of Global Manufacturing and Operations for its...

Blu Smart raises $6.6 million from Mumbai Angels, Venture Catalyst, and others

Delhi-based e-taxi startup Blu Smart has raised $6.8 million (approx Rs 51 crore) in pre-series A round funding from Mumbai Angels and others. The new...

Geely raises $836 million through shares sale

Hong Kong-based automaker Geely has raised HK$6.48 billion ($836 million) through a share sale. In a statement issued, Geely said, "The company has raised HK$6.48...

Coronavirus Update: Honda to resume its Wuhan plant operation from February 21

Honda Motor Co on said Friday it now plans to restart operations at its vehicle plant in Wuhan, China on February 21, a week...

SIAM: Auto sales across categories reports 13.83 percent decline in January

Society of Indian Automobile Manufacturers (SIAM) on Monday reported a decline of 6.2 percent in January sales in domestic passenger vehicles. According to the new...

Samridhi Highway Solutions launches “Fuel Humsafar,” a door-to-door fuel delivery service in Delhi NCR

Delhi-based fuel delivery startup Samridhi Highway Solutions has announced the launch of 'Fuel Humsafar,' a doorstep fuel delivery service in Delhi NCR. The new service...

Ashok Leyland records 28 percent decline in December sales

India's largest auto-manufacturing giant Ashok Leyland has reported a decline of 28 percent in its total commercial vehicle sales in December. In a filing at...

Hyundai Motor to get price hike from January

India's largest automaker Hyundai Motor India has announced that, "It will increase the prices of its entire product range from next month." In a statement,...

Hinduja's Ashok Leyland sales dip by 22 percent in November to 10,175 units

India's largest automaker giant Ashok Leyland has reported a decline of 22 percent in total commercial vehicle sales at 10,175 units in November. In a...

Toyota Kirloskar Motor reports 5 percent drop in October Sales

Toyota Kirloskar Motor (TKM) on Friday reported a 5 percent decline in total sales at 12,610 units in October. The company had posted total...

United States may agree for “No tariffs rise on Japanese Cars”

The United States will agree not to raise tariffs or introduce curbs to import quotas on Japanese cars when the country’s leaders meet next...

Nissan Motors to layoff 10,000 employees from its global workforce: Reports

Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of...

Volkswagen expects global sales to be in line for its core brands in 2019

Volkswagen expects global sales of its core brand this year to be in line with the 6.24 million level that it achieved in 2018...

Hero MotoCorp sales decline by 1.96 percent in February

Two-wheeler market leader Hero MotoCorp on Friday reported 1.96 per cent decline in total sales at 6,17,215 units in February. The company had sold...

Hyundai Motor to boost the auto business margin to 7 percent by 2022

Hyundai Motor Co said on February 27 that it plans to boost the core automotive businesses' operating profit margin to 7 percent by 2022,...

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