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India remains both a growth driver & strategic hub: Nissan AMIEO head
Business Line | 19 December 2025
- Nissan plans to launch three new models in India over the next 14–16 months, starting January, and expand sales outlets to 250 by FY27.
- India is positioned as a key growth driver and export hub, with Made-in-India models like Magnite exported to 65 markets.
- Upcoming launches include the Gravite MPV, Tekton mid-size SUV (2026), and a premium seven-seater SUV (2027).
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2W wholesales may grow 6–9% in FY26: Icra
Business Standard | 20 December 2025
- Two-wheeler wholesale volumes are expected to grow 6–9% in FY26, driven by replacement demand, GST cuts, and rural income support.
- Wholesale volumes rose 19% YoY in November, though retail sales declined due to a high base and early festive season.
- Exports remained strong (+27.9% YoY), while EV two-wheeler retail sales dipped marginally.
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Premium bike sales defy GST hike, register 4% growth
Business Standard | 20 December 2025
- Premium motorcycles (>350cc) recorded 4% YoY growth in Oct–Nov despite GST being raised to 40%.
- Growth was led by the 350–500cc segment, while 500–800cc bikes saw moderation in November.
- Sub-350cc motorcycles benefited from lower GST (18%) and supported overall industry growth.
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Passenger car exports grew 20% in April-Nov on strong demand
Business Line | 24 December 2025
- Passenger vehicle exports grew 20% YoY to nearly 6 lakh units during April–November 2025, led by Maruti Suzuki.
- Compact cars and UVs drove growth, while mid-size sedan exports declined.
- Potential tariff hikes by Mexico may impact exports, pushing OEMs to explore alternative markets.
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SUVs set to overtake cars in exports
The Times of India | 24 December 2025
- Utility vehicle exports overtook passenger car exports in November for the first time.
- UV exports surged sharply in Apr–Nov 2025, reflecting global demand for higher-value vehicles.
- Maruti Suzuki dominates both car and UV exports, with sub-4-metre SUVs forming the bulk.
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2W exports remain buoyant in Apr-Nov with 24% growth
Business Line | 25 December 2025
- Two-wheeler exports rose 24% YoY to 4.24 million units, driven by Latin America and Africa.
- Motorcycles accounted for 87% of exports; Bajaj Auto led with a 35% market share.
- TVS and Hero MotoCorp gained market share due to strong demand for commuter models.
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Engineering exports cross $11 b in November
Business Line | 26 December 2025
- Engineering exports crossed $11 billion in November, rising 23.8% YoY after an October dip.
- Strong growth came from the US and EU markets, aided by a low base.
- Exporters were advised caution due to global trade volatility despite positive momentum.
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Rolls-Royce plans to make India its 3rd ‘home market’
Business Standard | 29 December 2025
- Rolls-Royce plans major investments in India across aero engines, defence, and advanced engineering.
- Development of next-generation jet engines for India’s AMCA programme is a key focus.
- India is seen as having scale, policy clarity, and strong defence manufacturing potential.
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Auto PLI favours large OEMs, Ather tells PMO
Business Standard | 31 December 2025
- Ather Energy flagged that the auto PLI scheme disproportionately benefits large OEMs.
- High eligibility thresholds and rigid rules limit startup participation and innovation.
- Ather suggested multi-window applications and reallocation of incentives for non-performing firms.
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Hyundai enters dedicated taxi segment, starting at ₹6 lakh
Business Line | 31 December 2025
- Hyundai launched Prime HB and Prime SD taxi models, entering the commercial mobility segment.
- Vehicles are designed for low operating cost, high uptime, and predictable maintenance.
- Backed by Hyundai’s service network, warranty, and finance solutions for fleet operators.
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Ford to take $19.5 bn hit due to EV overhaul
Business Standard | 17 December 2025
- Ford will take $19.5 billion in charges after scaling back unprofitable EV investments.
- The company is cancelling some EV projects and shifting focus to hybrids and ICE vehicles.
- Ford expects EV operations to turn profitable by 2029, with hybrids driving near-term growth.
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Foreign EV cos must create jobs
The Times of India | 14 December 2025
- Tata Motors said foreign EV companies entering India must invest in localisation, job creation, and capability building, not just tap domestic demand.
- The government will take a holistic view, including technology transfer and local value addition, before allowing market access to global players, including Chinese firms.
- Tata Motors plans to invest up to ₹18,000 crore by FY30, launch five new EV models (including Sierra.ev and Avinya), and aims to retain a 45–50% market share in the EV segment.
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Ola Electric secures ₹367 cr incentive under PLI-auto scheme for FY25
Business Standard | 26 December 2025
- Ola Electric received ₹366.78 crore under the PLI-Auto scheme for FY25.
- The incentive recognises Ola’s scale, localisation, and integrated EV manufacturing.
- The company reaffirmed its commitment to making India a global EV manufacturing hub.
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TN extends 100% road tax exemption for EVs
Business Line | 31 December 2025
- Tamil Nadu extended 100% road tax exemption on EVs till December 31, 2027.
- The move aims to sustain EV adoption momentum, currently at ~7.8% penetration.
- Industry welcomed the decision but urged focus on local component manufacturing.
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Target hit, govt ends subsidy for electric three-wheelers
The Times of India | 31 December 2025
- The Centre ended subsidies for electric three-wheelers after achieving ~32% penetration.
- Support for electric two-wheelers may continue as penetration remains lower (~7.5%).
- States are expected to take the lead with local EV incentive schemes.
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Copper Poised for its Best Year Since 2009 After December Surge
The Economic Times | 26 December 2025
- Copper prices surged nearly 40% in 2025, crossing $12,000 per tonne due to supply disruptions and tariff fears.
- Major mine accidents and shipment front-loading to the US tightened global supply.
- Strong demand from power grids, energy transition and AI infrastructure is supporting long-term price strength.
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Global steel production down 4.6 per cent in November
Business Line | 27 December 2025
- Global crude steel output fell 4.6% YoY in November 2025, led by a sharp 10.9% drop in China.
- India stood out with a 10.8% rise in steel production, while the US also reported growth.
- Production trends were mixed across regions, with declines in Asia and Europe offset by gains elsewhere.
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EU’s CBAM to dent margins of steel and aluminium exporters
Business Line | 31 December 2025
- EU’s Carbon Border Adjustment Mechanism (CBAM) will tax steel and aluminium imports based on carbon emissions.
- Indian exporters face margin pressure due to high-emission blast furnace production and existing US duties.
- The move may accelerate decarbonisation and shift exports to Africa and West Asia.
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EPFO urges employers to use EES-2025 to enroll employees
Business Line | 19 December 2025
- EPFO launched EES-2025, offering a six-month window to regularise past EPF non-compliance.
- Employers can enrol eligible employees from July 2017 to October 2025 with reduced penalties.
- The scheme aims to expand social security coverage and encourage voluntary compliance.
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Auto dealers knock at SC door on compensation cess
Business Line | 23 December 2025
- Auto dealers approached the Supreme Court seeking refund of ₹2,500 crore in accumulated GST compensation cess.
- FADA challenged government notifications that lapse unused cess credits without transition provisions.
- The SC issued notice to the Centre, marking a key step for MSME dealers facing liquidity stress.
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China issues rare earth licences to a few more Indian companies
Business Line | 25 December 2025
- China granted rare earth magnet export licences to a limited number of Indian firms.
- Over 50 applications remain pending, impacting EV, electronics and defence supply chains.
- Slow approvals are easing marginally amid improving diplomatic engagement between India and China.
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ICAI clarifies accounting norms under new labour codes
Business Standard | 29 December 2025
- ICAI directed companies to recognise increased gratuity liability immediately as an expense.
- New labour codes extend gratuity benefits to fixed-term employees after one year of service.
- Firms must reflect these changes in December-quarter financial results.
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Labour codes: Industry seeks clarifications
The Times of India | 29 December 2025
- Industry bodies sought clarity on wage definitions, gratuity calculations and retroactive application.
- ICAI advised provisioning for higher gratuity and leave liabilities in the December quarter.
- Uncertainty persists due to pending central and state rules.
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Defence forces get ₹79,000-cr boost to sharpen firepower
Business Line | 30 December 2025
- Defence Acquisition Council approved proposals worth nearly ₹79,000 crore.
- Key purchases include loitering munitions, missiles, radars and surveillance systems.
- The approvals aim to enhance combat readiness across Army, Navy and Air Force.
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