2nd Fortnight - Nov 2025 Read online
Association of Indian Forging Industry (AIFI)

www.indianforging.org | +91 9322450873

Key Press Reports
Automotive Industry

TaMo evaluating both CNG, hybrids for larger cars, SUVs above 4 metres

Business Standard | 17 November 2025

  • Tata Motors says 45% of its current portfolio already comes from clean technologies like EV and CNG.
  • CNG strategy will remain focused on cars below 4–4.3 metres due to performance limitations in bigger vehicles.
  • Hybrids will be introduced only if market demand and competitiveness require it.

Escorts Kubota likely to start construction of UP greenfield project by next fiscal

Business Line | 19 November 2025

  • Escorts Kubota will begin building its ₹2,500–₹4,500 crore UP plant after land acquisition completes by March.
  • The facility will manufacture tractors, construction equipment, and export products from 2028–29.
  • Company targets 15% revenue growth and tractor sales of 1.7 lakh units.

3W makers may clock 7% growth in FY26

Business Standard | 19 Nov 2025

  • India’s three-wheeler market is expected to grow around 7% in FY26 after strong festive demand.
  • Wholesale volumes rose 5.5% in H1FY26 while retail sales grew 3.8%.
  • Electric three-wheelers remain on long-term growth path despite near-term softness.

Hero Moto Enters the Fast Lane with Rising Exports, EV Sales

The Economic Times | 18 November 2025

  • Hero MotoCorp’s exports surged 77% and EV brand VIDA reached 12.2% market share.
  • Revenue rose 15.9% and net profit grew 15.7% in Q2 FY26.
  • Company expects industry growth of 8–10% in H2 with strong rural demand.

Maharashtra leads passenger & commercial vehicles sales in Q2

Business Line | 19 November 2025

  • Maharashtra led PV and CV sales, while UP topped two- and three-wheeler sales.
  • Total PV sales increased to 10.39 lakh units in Q2 from 10.12 lakh in Q1.
  • Western zone remained the highest contributor across vehicle segments.

Mahindra group eyes 15–40% organic growth across businesses

Business Line | 21 November 2025

  • Mahindra Group expects 15–40% organic growth between FY26–FY30.
  • EV business is projected to grow 6x with a million EVs expected by 2031.
  • Real estate arm targets ₹10,000 crore sales by FY30.

Rolls-Royce awaits MoD nod to build battle tank, combat vehicle engines in India

Business Line | 24 November 2025

  • Rolls-Royce plans to manufacture Arjun tank and combat vehicle engines in India.
  • It has partnered with two defence PSUs and is offering full technology transfer.
  • The move aligns with India’s defence localisation and self-reliance goals.

Greaves Cotton targets more export revenue, 20% CAGR through FY30

Business Line | 26 November 2025

  • Greaves aims to raise export contribution to 15% of revenue by FY30.
  • Company targets 16–20% CAGR through new products and global expansion.
  • It is open to acquisitions to accelerate growth.

China’s Cheap Auto Parts Flood Europe’s Biggest Car Mkt

The Economic Times | 28 November 2025

  • Low-cost Chinese auto parts are rapidly entering Germany, hurting local suppliers.
  • German firms face margin pressure due to quality improvements by Chinese players.
  • China’s EV and battery dominance is reshaping global auto competition.

China’s Cheap Auto Parts Flood Europe’s Biggest Car Mkt

The Economic Times | 28 November 2025

  • Low-cost Chinese auto parts are rapidly entering Germany, hurting local suppliers.
  • German firms face margin pressure due to quality improvements by Chinese players.
  • China’s EV and battery dominance is reshaping global auto competition.
Electric Vehicles

Annual EV sales top 2 mn

The Times of India | 26 November 2025

  • India’s total EV registrations crossed 2 million units for the first time.
  • Electric two-wheelers contributed 57% of total EV sales.
  • Electric passenger vehicles saw 57% growth year-on-year.

Tesla’s Big Bet: Creating an EV Ecosystem in India

The Economic Times | 27 November 2025

  • Tesla plans to build widespread home, mall, hotel, and city charging infrastructure.
  • It has delivered 109 cars so far and operates four charging stations in India.
  • Tesla currently relies on imports due to high duties and has no local manufacturing plans.

Electric SUVs Likely to Power 25% of M&M’s Sales by 2028

The Economic Times | 28 November 2025

  • Mahindra expects 20–25% of its SUV sales to be electric by 2027–28.
  • Electric SUV sales crossed 30,000 units in seven months.
  • Company will deploy 1,000 charging points by end-2027.

China EV Profit Woes Fuel Market Anxiety Over Challenging 2026

The Economics Times | 29 November 2025

  • Chinese EV makers face margin pressure due to weak demand and subsidy cuts.
  • EV growth in China is expected to slow sharply in 2026.
  • Price wars and rising battery costs continue to strain profitability.
Raw Material

Mining industry seeks 15% duty on aluminium

Business Standard | 21 November 2025

  • Industry bodies seek 15% import duty on aluminium to stop dumping.
  • Imports may meet 55% of India’s aluminium demand in FY26.
  • ₹3 trillion investment is planned in domestic aluminium capacity by FY30.

Aluminium poised to remain elevated

Business Line | 22 November 2025

  • Aluminium prices are expected to remain high due to clean energy demand.
  • China’s production cap is tightening global supply.
  • 2025 average aluminium price is forecast at $2,600 per tonne.

Amid dumping and import worries, metal companies use green energy project as ‘profit margin shield’

Business Line | 28 November 2025

  • Large metal companies like JSW Steel, Tata Steel, Hindalco, Jindal Stainless and Vedanta are investing heavily in renewable energy to cut power costs and protect margins amid rising metal dumping and import pressure.
  • By using captive solar, wind and green hydrogen instead of grid power, firms can reduce energy costs by 20–40%, giving them a strong edge in a volatile commodity cycle.
  • Without strict anti-dumping enforcement, imports may continue to cap price rises, but green energy is helping companies remain competitive through 2026 and beyond
Government Policy

Auto industry seeks relief on ₹2,500 cr compensation cess

Business Standard | 20 November 2025

  • Auto dealers seek relief on ₹2,500 crore lapsed GST compensation cess.
  • FADA has moved the Supreme Court seeking resolution.
  • Dealers say thousands of MSMEs are financially impacted.

Govt to release ₹1,100 cr arrears to exporters

Business Line | 20 November 2025

  • Government will release over ₹1,100 crore in pending export incentives.
  • Includes interest equalisation and market access scheme payments.
  • This will support exporters impacted by global slowdown.

Steel Min Eases Imports, Extends QCO Exemption

The Economic Times | 21 November 2025

  • Steel imports made easier through SARAL monitoring system.
  • Non-QCO steel grades no longer require ministry approval.
  • Import registration process has been significantly simplified.

New Labour Codes take effect as worker rights get an overhaul

Business Line | 22 November 2025

  • Four Labour Codes replacing 29 laws are now enforced nationwide.
  • Gig workers, fixed-term employees and women workers get major benefits.
  • About 40 crore workers will come under expanded social security.

Hyundai India, TaMo, M&M lobby against sops for small cars in CAFE-III norms; Maruti hits back

Business Line | 22 November 2025

  • Hyundai, Tata, M&M oppose incentives for small cars under CAFE-III norms.
  • They warn it could slow EV adoption and compromise safety.
  •  Maruti argues small cars cut fuel use and emissions more effectively.

Govt clears ₹7,300 crore scheme to produce critical rare earth magnets

Business Line | 27 November 2025

  • Cabinet approved ₹7,300 crore scheme for rare earth permanent magnets.
  •  India aims to cut dependence on China for EV and defence components.
  • Scheme targets 6,000 TPA production capacity through five beneficiaries.

Access all press reports in a single PDF document.

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Recent Activities
    • Special Session on "Emerging Technology in Forging", 18th Nov 2025, Bengaluru
    • Training on “Maintenance of Induction Billet Heater" and "Application of Problem-solving tools & Techniques in Manufacturing” 19th November 2025, Chennai
    • Western Region Meeting, 28th Nov 2025, Pune
    • Online Session on "Decoding India’s Labour Codes: Implications for Employers and Workforce", 2nd Dec 2025, Virtual

 

Upcoming Activities
    • Training on “Maintenance of Induction Billet Heater” and “Energy efficient Technologies & savings in compressed air system”, 12th December 2025, Pune
    • Training on “Maintenance of Induction Billet Heater”, 14th December 2025, Rajkot
    • Western Region Meeting, 19th Dec 2025, Pune

 

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