Latest Tier-I suppliers News & Updates

New Delhi, July 24 (IANS) India’s automotive retail sales rose 28.6 per cent year‑on‑year in July 1–23, with all segments expanding compared with the same period last year, a report said on Friday.The report from Choice Institutional Equities said two‑wheeler sales grew 31 per cent YoY, while passenger vehicle sales rose 20.6 per cent YoY, driven by strong demand in the SUV and passenger car segments.Commercial vehicle sales recorded 27.3 per cent YoY growth, while three‑wheeler sales …

New Delhi, July 22 (IANS) India’s auto and auto‑ancillaries sector is expected to see operating revenue to grow by around 8 per cent in FY27, a report said on Wednesday.The report from Brickwork Ratings said the sector is entering a new investment cycle with Rs 703 billion of projects scheduled for commissioning between FY27 and FY29.The investments are supported by a pipeline of 184 projects worth Rs 4.76 trillion and 70 projects already under implementation.The investment momentum is backe…