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Auto companies find it difficult to monetise software services after complimentary term ends
Globally, nearly 350 million connected cars are on the road. They account for about a fourth of cars in India and that number is rising. Between 2022 and 2026, features such as remote vehicle access, remote AC control and battery management, driven largely by electric vehicles, have seen rapid growth.
Uno Minda’s passenger vehicle seating systems push adds a new growth engine
Investors will track if passenger vehicle seating could gain scale similar to Uno’s castings or lighting businesses that contributed 19% and 22%, respectively, to FY26 revenues.
Tata Group targets doubling automotive revenue to $100 billion in five years
Tata Motors targets doubling automotive revenue to $100 billion within five years. Jaguar Land Rover will contribute significantly to this ambitious revenue goal. The commercial vehicle segment is also projected for substantial growth and increased revenue. Tata Motors plans significant investments and new models for its domestic operations. The company aims for increased market share and profitability across its automotive businesses.
Uno Minda shares in focus as firm enters 4-wheeler seating systems segment with Rs 320-crore capex
Uno Minda is expanding into four-wheeler passenger vehicle seating systems. A new manufacturing facility will be established in Maharashtra. This facility represents a significant capital expenditure for the company. Operations are expected to begin in the fourth quarter of FY28. The company has secured an anchor order from a leading OEM.
Uno Minda to invest Rs 320 cr in new plant for four-wheeler PV seating systems
Uno Minda will invest Rs 320 crore in a new manufacturing facility. This plant will enter the four-wheeler passenger vehicle seating systems segment. The facility in Maharashtra is expected to begin operations by Q4FY28. This strategic move aims to increase per-vehicle value potential significantly. The project is a joint venture with Japan's TACHI-S Company Ltd.
EV retail sales at all-time high of 3,06,220 units in June, penetration cross 12 pc: FADA
Electric vehicle retail sales in India reached an all-time high of 3,06,220 units in June. This growth pushed overall EV penetration past twelve percent for the first time, says the Federation of Automobile Dealers Associations. The two-wheeler segment led this surge, registering substantial year-on-year increases. Electric passenger and commercial vehicles also saw their best-ever months. Electrification has now moved decisively into the mainstream of Indian auto retail.
Uno Minda to invest ₹320 crore in Maharashtra plant for passenger vehicle seating systems
Shares of UNO Minda Ltd ended at ₹1,127.30, down by ₹9.30, or 0.82%, on the BSE.
Ministry of Road Transport and Highways will introduce new cybersecurity and software update management laws
India is set to mandate cybersecurity and software update management for advanced vehicles. New rules will require passenger cars, commercial vehicles, and tractors with Level-3 or higher automated driving to comply with stringent security measures. Existing models and vehicles receiving over-the-air updates will also need to adhere to these regulations in phases starting October, enhancing vehicle safety against rising cyber threats.
Not sensors or AI, why revolving tyres may become the next big thing in vehicle safety
Future car safety is shifting from reacting to problems to predicting them, with a new focus on understanding tyre grip and road conditions in real-time. Instead of adding more hardware, software could analyze existing vehicle data to estimate traction limits before a car loses control. This innovation promises safer driving, especially in challenging conditions, without increasing manufacturing costs.
Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab
Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease rentals.
Auto demand remains strong, but OEM margins may stay under pressure in H1 FY27
Indian auto sector anticipates strong demand across all vehicle types, though automakers may see profit margins squeezed in early FY27. Wholesale dispatches for passenger vehicles, commercial vehicles, and tractors remain robust, indicating sustained consumer interest. Premium segment demand is expected to hold steady, while mass-market sales might moderate later in the fiscal year.
IBM to set up one of India's first quantum computers in Amaravati by September 2026
Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum systems there by September 2026. This move, driven by India's strong talent pool, aims to unlock significant commercial advantages across various sectors. The initiative aligns with Andhra Pradesh's vision to establish itself as a leading quantum technology center, fostering research and innovation.