South Asia

View all articles ▸

Premium Article

Tractor demand in India falls 8.6% in firster quarter of FY2025/26

By RACE Innovations Pvt Ltd – 18th September 2025

India’s tractor unit registrations declined 8.6% in the first quarter, registering 14,217 units compared with 15,552 units in Q1 FY2024-25.

India

Statistics

Registrations

Premium Article

India’s rigid truck market segments see mixed trends in Q1 FY2025-26

By RACE Innovations Pvt Ltd – 17th September 2025

Sales of medium and heavy-duty rigid trucks (7.5t GVW and above) in India declined by 3.3% in the first quarter of the new fiscal year of April to June 2025 (Q1 / FY2025-26), falling to 51,529 units from 53,015 units.

India

Investment

eMaaS, Financial & Insurance Services

Ashok Leyland approves strategic investments in OHM Global and VBCL

By RACE Innovations Pvt Ltd – 15th September 2025

Tata Motors receives order for 100 Magna EV coaches from GEMS

Tata Motors receives order for 100 Magna EV coaches from GEMS

By RACE Innovations Pvt Ltd – 9th September 2025

India

Agreement

Body & Cab Components

Binder signs agreement with Sky Industries

By Jim Gibbins – 8th September 2025

Bus & Coach

View All →

India

Appointment

Paramjit Singh Chadha appointed managing director of ZF CVCS India

By Bradley Osborne – 2nd August 2025

He joins ZF from components manufacturer ADM Group, having served in various roles including plant head and company president.

Italy

India

Mergers, Acquisitions & Disposals

Agreement

Free Article

Tata Motors to buy Iveco Group

By Jim Gibbins – 31st July 2025

‘Completion of the offer is conditional on the separation of Iveco Group’s defence business’

Germany

Exhibitions & Conferences

JBM enters the European electric city bus market with the debut of the Eco-Life e12 at UITP 2025

By Luke Willetts – 9th July 2025

The company also announced that its European operations are now headquartered in Frankfurt, Germany, overseen by Daniel Fräde, Director of Sales, Marketing & After Sales Europe.

India

Order

Ashok Leyland secures big bus order from Tamil Nadu State

By RACE Innovations Pvt Ltd – 29th June 2025

India

Prototype, Testing & Trials

Fuel Cell Electric

India launches heavy-duty hydrogen truck and coach trials

By RACE Innovations Pvt Ltd – 27th June 2025

India

Investment

Manufacture

Switch Mobility (India) to invest USD60 million in UK holding company

By RACE Innovations Pvt Ltd – 26th June 2025

Truck & Van

View All →

India

Mergers, Acquisitions & Disposals

Ownership

Schmitz acquires 27.5% stake in Indian truck bodybuilder

By Bradley Osborne – 27th August 2025

In addition, Schmitz has committed to sharing its innovations in temperature-controlled transportation with Sub Zero and helping it to modernise its facility in Pune, Maharashtra.

India

Investment

Electric Drive

Uno Minda Board approves around USD50 million for EV Powertrain Project

By RACE Innovations Pvt Ltd – 30th June 2025

The project will focus on the development and manufacturing of high-voltage EV components, including combined charging units, e-axles, inverters, and electric motors.

India

Investment

Wheels & Tyres

JK Tyre secures USD100 million sustainability-linked loan from IFC

By RACE Innovations Pvt Ltd – 25th June 2025

This initiative aims to promote energy-efficient tyre manufacturing, strengthen domestic supply chains, and create employment opportunities, says JK Tyres.

India

Strategy/Policy

Rane looks to sell off non-core assets to improve asset utilisation

By RACE Innovations Pvt Ltd – 24th June 2025

India

Order

VECV wins major order of 1,663 buses from UPSRTC

By RACE Innovations Pvt Ltd – 23rd June 2025

India

Statistics

Registrations

Premium Article

Light-duty truck sector dips 2.8% in FY 2024-25

By RACE Innovations Pvt Ltd – 18th June 2025

Trailer

View All →

India

Mergers, Acquisitions & Disposals

Joint Venture

SAF-Holland acquires outstanding stake in Haldex joint venture with Anand Group

By Bradley Osborne – 8th May 2025

SAF-Holland said that taking over Anand’s portion in the Haldex joint venture will simplify the localisation of the entire Haldex product portfolio in India.

India

Investment

Manufacture

JCBL expands JML’s Oragadam facility to boost tipper and tanker rigid truck and trailer body production

By RACE Innovations Pvt Ltd – 5th April 2025

The facility is to be extended/expanded in two phases: The first phase is to add 60,000 square feet of production space to the existing 100,000-square-foot facility.

India

Investment

Brakes & Braking Systems

ZF CVS India makes new ESC test track in Chennai available to all

By RACE Innovations Pvt Ltd – 27th March 2025

This new test track is for testing vehicle braking and is specifically for testing Electronic Stability Control (ESC) systems.

India

Product

AI, Digitalisation & Robotics

KPIT Technologies to launch generative AI solutions for the automotive industry in India within the next six months

By RACE Innovations Pvt Ltd – 20th September 2024

Generative AI is a type of artificial intelligence used to create entirely new solutions within a specific field.