Nearly 45% of car purchases have traditionally been in the ₹6 lakh–₹10 lakh price band.
The Indian automotive sector employs 30 million people and contributes 15% of GST collections, the industry leader reveals.
At SIAM Convention 2025, McKinsey & Co's Amit Gupta outlined strategies for sustainable mobility in India, focusing on charging infrastructure, circularity, and shared mobility policies to drive innovation and decarbonisation, aligning with Viksit Bharat 2047 goals.
The Minister has also urged OEMs to come up with more scrapping centers, and discounts for customers with scrappage certificates.
The conclave also featured the launch of FADA’s CSR initiative for 2025–26, aimed at assisting road accident victims.
Electric vehicle manufacturer Ola Electric Mobility has announced that its promoters have pledged 10.71 crore shares to secure debt financing for subsidiary Krutrim Data Centre, as the company's AI venture continues expansion despite ongoing challenges.
The coastal state has announced a 3.2km coastal track with the debut race set to take place in November.
The equipment manufacturer hands over 20 heavy-duty electric trucks to logistics firm.
The company has been in India for nearly 20 years and employs 40 percent of its workforce here.
Price cuts offered by the Indian marque is up to ₹15,743 ahead of festive season.
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