After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
At present, the auto sector accounts for about 60 per cent of India's current machine tool demand.
Revising its earlier projection of 27 lakh units, Manufacturers Association of Information Technology on Thursday said personal computer sales during the current fiscal would cross 30 lakh units.
Marking a significant turnaround in personal computer sales, the desktop PC market clocked 23 lakh (2.3 million) units, registering a 37 per cent growth during 2002-03, compared to a negative growth of 11 per cent last year.
Personal computer sales in the country are likely to grow 40 per cent during 2004-05 touching 4.2 million units, the Manufacturers Association of Information Technology said on Thursday.
'From data on enquiries, we can build what we call a data lake or a data warehouse where data is classified into various cohorts and then we use AI and ML tools to predict demand down the line.'
The auto ancillary industry - one of the worst hit due to the labour exodus - will need at least three months to get its factories up and running.
Indian auto and pharma industries import several critical components and raw materials from China.
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According to industry body Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India, with demand continuing to be low and factories not operating at full scale, this may lead to temporary excess overheads.
The Auto Component Manufacturers Association of India on Wednesday sought reduction in GST rate to a uniform level of 18 per cent for the entire automobile industry to stimulate demand and help save around 10 lakh jobs, which are at risk due to prolonged slowdown in vehicle sales.
Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
'Industry realises we cannot overly depend on imports from anywhere including China.'
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
Maruti being the market leader with a disproportionately high share of the passenger car market helped its component makers grow as an industry all these years and hence, the exit from a segment is a jolt if not a big setback.
While Bollywood stepped out for the Star Screen awards, telly folk attended the Zee Rishtey awards.
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
Meet the winners at the Zee Rishtey Awards.
Paris-based international advisory firm Mazars predicts four per cent growth in India's automobile sector this financial year.
One can see the scale of recalls going up as the market expands.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Bollywood stars with their families responded to Prime Minister Narendra Modi's appeal to show the nation's 'collective resolve and solidarity' in its fight against coronavirus with a symbolic gesture of lighting a lamp on Sunday night.
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