
PM's Advisor calls for industry innovation to achieve global leadership in sustainable mobility.

The share of small cars to the overall passenger vehicle sales has contracted from over 50% in FY 18 to 27.7% in FY 24, as hatchbacks ceded ground to SUVs and premium models.

The wired-to-wireless adapter will be offered as an accessory to new and existing customers.

The Octavia RS will be imported to India as a completely built unit (CBU).

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.
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