Toll for two-lane highways may be halved during expansion phase The road transport ministry has proposed halving tolls during the upgrade of two-lane highways to four lanes, citing reduced service. …
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Industry News
US tariffs offer India a trade opportunity, auto sector among key beneficiaries: NITI Aayog India’s growing EV ecosystem places it in a strong position to supply components and systems for …
- Industry News
India’s new copper import rules could trigger supply crunch, warns trade body – ET Auto
India’s new quality control order on copper cathodes is causing concern among the Bombay Metal Exchange, who anticipate reduced domestic availability due to compliance burdens on foreign suppliers. The BME …
- Industry News
Tata Steel begins construction of £1.25 billion Electric Arc Furnace in UK, aims to cut 5 million tonnes CO₂ annually – ET Auto
The groundbreaking ceremony was attended by Tata Group Chairman Natarajan Chandrasekaran, Tata Steel CEO and MD T.V. Narendran, and Tata Steel UK CEO Rajesh Nair, along with UK government ministers. …
The CBAM entered its reporting phase in Q3 2024 and is set to impose financial obligations from January 2026. It is an import duty on a product manufactured in a …
- Industry News
Rosmerta bags ₹167 crore Maharashtra project to build 10 automated driving test tracks – ET Auto
These facilities will use advanced video analytics, facial recognition, and AI-based decision systems to ensure unbiased, transparent, and real-time evaluation of driver performance. I observe a modern electric car navigating …
- Industry News
Indian automotive industry clocks deals worth $1.3 billion in April-June: Report – ET Auto
The automotive industry in India maintained its strategic momentum in Q2 2025, recording a total of 29 transactions valued at $1.3 billion, including public market activity, a report said on …
- Industry News
Average deal size doubles in India’s auto sector to $34 million despite fewer transactions in Q2 2025: Report – ET Auto
Electric vehicles (EVs) accounted for 34 per cent of deal volumes and 39 per cent of deal values, according to Grant Thornton Bharat. The report noted a growing emphasis on …
The subsidiary WIL Europe GmbH is in the process of formation and is yet to commence operations. It is being developed to expand and do business activities in Europe, Wheels …
The duties on their own may be manageable, but prices of the red metal vital for making cars, in particular in wire harnesses and in motors for electric vehicles, have …