automotive industry

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    TKM Reports Strong Sales Growth with 34,034 Units in February

    New Delhi, March 1 Automaker Toyota Kirloskar Motor reported a 20 per cent increase in total sales to 34,034 units in February 2026 compared to 28,414 units a year earlier.Domestic sales grew by 16 per cent to 30,737 units last month, compared to 26,414 units in February 2025, Toyota Kirloskar...
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    Kia India Reports Robust Growth Driven by Customer Confidence

    New Delhi, March 1 Automaker Kia India reported a 10.3 per cent increase in sales to 27,610 units last month, compared to 25,026 units sold in February 2025.Last month, Kia India registered its highest-ever sales for a February month since commencing operations in India, the company said in a...
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    Maruti Suzuki Sees Growth in Utility Vehicle Sales

    New Delhi, March 1 Maruti Suzuki India, the market leader in the car segment, reported a 7.32 per cent increase in total sales to 2,13,995 units in February 2026, compared to 1,99,400 units a year earlier.Total domestic sales of passenger vehicles were marginally up at 1,61,000 units last...
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    Hyundai Motor India Reports Record February Sales

    New Delhi, March 1 Hyundai Motor India Ltd reported a 12.6 per cent year-on-year increase in total sales to 66,134 units in February 2026.Domestic sales grew by 9.8 per cent to 52,407 units in February, and exports surged by 24.8 per cent to 13,727 units, Hyundai Motor India Ltd (HMIL) said in...
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    Expanding Premium Retail: Maruti Suzuki's NEXA Strategy

    New Delhi, February 27 Maruti Suzuki India, the market leader in the car industry, plans to have up to 700 outlets of its small-format premium retail chain, NEXA Studio, by 2030-31. This is part of the company's strategy to tap into the opportunities in non-urban areas of India, a senior company...
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    Q3 FY26: Indian Companies See Revenue and Profitability Increase

    Mumbai, February 25 The Reserve Bank said on Wednesday that revenue growth for privately listed non-financial companies came in at 10.1 per cent in the third quarter of FY26.For the past 11 quarters, revenue growth had been in the single digits, according to data from 3,188 such companies...
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    Karnataka Government Plans Investment in Aerospace, EV, and Green Energy

    Bengaluru, February 24 Karnataka Minister M B Patil chaired meetings with industry representatives from the aerospace and defence, machine tools, auto/EV, and green energy sectors on Tuesday to discuss sector growth and government support measures.The meetings were attended by leading...
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    Employee Pay Increases and Attrition Rates Rise in India Survey

    Mumbai, February 24 Employees across various sectors are expected to receive an average salary increase of 9.1% in 2026, slightly higher than the 8.9% increase received last year, according to a survey released on Tuesday.The projected 9.1% salary increase reflects a slight increase from the...
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    Government Boosts Odisha’s Economy with Major Project Approvals

    Bhubaneswar, February 22 The Odisha government has approved 10 major industrial projects worth Rs 44,200 crore, including Adani Group's pumped storage hydropower plant and a key semiconductor chip unit, officials said.The approvals were granted at a High-Level Clearance Authority (HLCA)...
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    HCL-Foxconn JV Project to Boost India's Semiconductor Industry

    February 21, New Delhi – Prime Minister Narendra Modi will participate today in the groundbreaking ceremony of the HCL-Foxconn Joint Venture project, India Chip Pvt. Ltd., in Uttar Pradesh via video conferencing.The establishment of the HCL-Foxconn semiconductor facility marks a significant...
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    India Focus: Nissan Plans SUV Lineup and Growth Strategy

    Udaipur, February 18 The Japanese automaker, Nissan, is planning to launch multiple products, strengthening its sales infrastructure, as it has set 2026 as the year for the brand's resurgence in India.The company, which currently sells only one model, the Magnite, launched its second offering...
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    India and UK Trade Deal Promises Increased Access to Markets

    New Delhi, February 15 According to an official, the India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026.On July 24, 2025, India and the UK signed the Comprehensive Economic and Trade Agreement (CETA), under which 99 per cent of Indian exports...
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    Rajasthan Government Boosts Renewable Energy and Manufacturing

    Jaipur, February 14 The Rajasthan government on Saturday approved customized incentive packages for 10 mega projects involving an investment of approximately ₹46,000 crore, officials said.The Board of Investment, in a meeting chaired by Chief Minister Bhajanlal Sharma, approved proposals...
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    India-Based Magma Builds Integrated Industrial Solutions Ecosystem

    Mumbai, February 13 Industrial manufacturing solutions provider Magma announced on Friday the expansion of its offerings through a new business vertical to cater to the demand for engineered precision components used in aerospace, automotive, electronics, and other critical sectors.The new...
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    FTA Negotiations & India's Auto Industry: A Strategic Outlook

    Mumbai, February 11 M&M Group CEO & Managing Director Anish Shah said on Wednesday that the India-EU FTA will have no bearing on the company's domestic SUV volumes unless the economy is fully opened.In a post-earnings media briefing, he also said the company is witnessing a "positive" momentum...
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    Tata AutoComp Strengthens Automotive Supply Chain with New Facilities

    New Delhi, February 10 Tata AutoComp Systems Ltd announced on Tuesday that it plans to set up several additional plants across India this year to strengthen its presence and capacity to meet future demands.The company, which had inaugurated two new manufacturing plants in Sanand on January 30...
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    Tata JLR Plant Inaugurated, Promises 5,000 Jobs and Sustainable Manufacturing

    Ranipet (Tamil Nadu), February 9 Tamil Nadu Chief Minister M K Stalin inaugurated the Tata Motors Jaguar Land Rover (JLR) factory at Panapakkam on Monday and drove the first Range Rover Evoque car.The chief minister drove the first car with Tata Sons Chairman N Chandrasekaran seated beside him...
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    ‘Make in Tamil Nadu’ Initiative Gains Momentum with New Car Plant

    Ranipet (Tamil Nadu), February 9 Tamil Nadu Chief Minister M K Stalin inaugurated the Tata Motors Jaguar Land Rover (JLR) factory at Panapakkam on Monday, and drove the first Range Rover Evoque car.The Chief Minister drove the first car with Tata Sons chairman N Chandrasekaran seated beside...
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