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Automobile demand likely to rebound in H2FY26
Business Standard | 1 September 2025
- The auto industry expects a strong comeback in late FY26, helped by government policies and a rural economy revival.
- Key drivers include expected rate cuts, potential GST reductions, and high demand for two-wheelers and small cars.
- New SUVs and EVs will boost the passenger vehicle segment, while commercial vehicles and tractors are also set to recover.
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In Aug, TVS Motors tops e2W registrations, Bajaj Auto sees dip
Business Line | 3 September 2025
- Electric two-wheeler (e2W) registrations rose slightly by 1.35% in August, totaling 91,091 units.
- TVS Motor led the market, while Ola Electric, Hero Motocorp, and Ather Energy also grew; only Bajaj Auto saw a decline.
- Growth is driven by better pricing, stable battery costs, and rising consumer confidence ahead of the festive season.
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Auto dealers expect mixed Sept due to Shraadh, GST 2.0
Business Line | 9 September 2025
- Auto sales are expected to be slow in early September due to the inauspicious "Shraadh" period and GST uncertainty.
- A strong recovery is anticipated in the second half of the month, driven by policy clarity and festive season offers.
- In August, passenger vehicle and two-wheeler retail sales saw a slight increase, with tractor sales jumping by 30%.
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China export growth slips to six-month low as US orders drop
Business Line | 9 September 2025
- China's export growth fell to a six-month low of 4.4% in August, mainly because of a 33% drop in shipments to the US.
- While exports to the US declined, shipments to Southeast Asia, the EU, and Africa increased significantly.
- Despite higher export volumes, falling prices are hurting the profitability of Chinese companies.
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Auto Inc's big data move: Vahan may take wheel by Jan
Business Standard | 11 September 2025
- Indian automakers will start using the Vahan portal by January to better match production with sales and cut down on excess stock.
- This move aims to fix the issue of high inventory at dealerships, which currently have about 600,000 unsold vehicles.
- Companies like Maruti Suzuki and Tata Motors plan to use Vahan's registration data to improve inventory management.
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Maruti: Policy stability key to India's manufacturing future
Business Standard | 13 September 2025
- Maruti Suzuki's CEO noted that high US tariffs on Indian auto-component exports are a significant challenge.
- He emphasized that stable and predictable policies are crucial for improving India's manufacturing competitiveness.
- He also urged Indian suppliers to adopt the "Kaizen" philosophy and invest in R&D to grow globally.
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India's auto-component industry to touch $200 bn by 2030: McKinsey
Business Standard | 13 September 2025
- A McKinsey report projects that India's auto-component industry will reach a value of $200 billion by 2030.
- The growth will be driven by cost-effective manufacturing, a skilled workforce, and a growing domestic market.
- Exports of traditional engine components and a sharp rise in domestic sales of EV parts will be the main growth drivers.
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GST reset: Micro SUVS, not small cars, set to 'gain most'
The Times of India | 15 September 2025
- The recent GST cut on smaller vehicles is expected to benefit micro SUVs more than traditional small cars.
- This is due to their competitive pricing and the high consumer demand for SUV-style vehicles.
- The market share of hatchbacks has dropped from 50% in 2015 to 22% in 2025, while the SUV share has surged from 13.5% to 54%.
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'South and West lead in EV adoption
Business Line | 4 September 2025
- A Reserve Bank of India report shows major regional differences in electric two-wheeler adoption in India.
- Southern and Western states lead with a 10-12% adoption rate, well above the national average of 6-8%.
- The availability of charging infrastructure and state-level subsidies are key factors driving this trend.
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EV makers relieved at status quo on GST levy
Business Line | 4 September 2025
- The GST Council's decision to maintain the tax rate on electric vehicles at 5% has been welcomed by the industry.
- EV manufacturers see this as a sign of policy stability that will encourage the adoption of clean energy transportation.
- Automakers like Tata Motors and Mahindra & Mahindra believe this will help speed up the transition to EVs.
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Hinduja group to invest 7.5K cr in EV ecosystem in Tamil Nadu
Business Standard | 8 September 2025
- The Hinduja Group will invest ₹7,500 crore in Tamil Nadu's electric vehicle (EV) ecosystem.
- The investment will focus on manufacturing cells, batteries, energy storage, and charging stations.
- This initiative is expected to create over 1,000 jobs and strengthen the state's EV infrastructure.
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Biggest boost to tractor, entry-level motorcycle tyres from GST reforms
Business Line | 13 September 2025
- Tyre maker CEAT anticipates a surge in demand for its tractor and entry-level motorcycle tyres due to recent GST cuts.
- The GST on most tyres has been reduced from 28% to 18%, and on tractor tyres from 18% to 5%.
- CEAT expects double-digit revenue growth in FY26, driven by increased sales in rural and semi-urban areas.
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Tractor sales grew 25% in Aug on rural demand, good monsoon
Business Standard | 13 September 2025
- Tractor sales in India rose by nearly 25% in August 2025 compared to the previous year.
- The growth was fueled by strong rural demand, a favorable monsoon, and active crop sowing.
- Industry leaders are optimistic about the upcoming festival season, citing good monsoon distribution and increased farm mechanization.
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Govt to Greenlight Incentives to Drive Green Steel Output
The Economic Times | 6 September 2025
- Govt preparing a ₹5,000 crore scheme to push sustainable steel, covering both primary and secondary producers.
- Focus is on secondary producers (50% of output) who use outdated, high-emission technology.
- Goal: cut emissions via tech upgrades, efficient material use, and alternative fuels to meet net zero 2070 targets.
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Centre may impose iron ore export duty from October 2
Business Line | 15 September 2025
- Govt warns miners to ramp up production and halve iron ore prices or face export duties/ban from Oct 2.
- India has clearance to produce 200+ mt iron ore annually, but output lags at ~290 mt (FY25) with exports at 24–30 mt.
- Minister urged PSUs/states (esp. Odisha, NMDC, SAIL, OMC) to boost output or surrender unused mines.
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India exploring alternative mkts, says MEA official
Business Standard | 8 September 2025
- India exploring new export markets in South Asia, Africa, Middle East, and Latin America amid US tariff hikes.
- US imposed an additional 25% duty on Indian exports over Russian crude oil imports, on top of earlier tariffs.
- MEA says move is unilateral, but India remains optimistic about ongoing negotiations with US.
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Engineering goods exporters ask RBI for cheap credit for small and micro units
Business Line | 13 September 2025
- Exporters urge RBI to reinstate interest equalisation scheme (IES) for MSMEs, hit by high US tariffs.
- High collateral requirements and biased credit rating practices increase financing costs for small units.
- Industry seeks govt support (scrips, exchange conversion benefits) to offset ~30% duty gap vs competitors.
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India, EU striving for 'win-win' trade package in uncertain times: Sefcovic
Business Line | 13 September 2025
- India and EU aim to finalise a balanced FTA by end-2025 despite disagreements, covering investment, tariff cuts, and supply chain access.
- Talks gain urgency as US tariffs disrupt global trade; both sides see deal as key for stability.
- EU is India’s largest trading partner (€140 bn trade in 2023); 60–65% of FTA chapters already finalised.
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