After re-entry, Ford to exit India again

Ford Motors did a U-turn in only three months, announcing that it’s giving up on EV manufacturing in India (for exports), despite making the cut for benefits under the government’s production-linked incentive (PLI) scheme. It is believed that...

Maruti to set up new manufacturing plant in Sonipat

Maruti Suzuki will spend £1.1 bn to set up a new manufacturing facility in Haryana, its third in the state and spread over an 800-acre area, as India's largest carmaker looks to add a fresh 10,00,000 units to its capacity from the location over...

As the impact of Russia’s invasion of Ukraine weighs heavily on prices and supply chains, India’s economy is estimated to grow by 8.2% in the current fiscal (2022-23), sharply slower than the International Monetary Fund’s (IMF’s) earlier forecast...

Tata Sons reshuffled Air India’s board and made new appointments to top management roles. Senior airline officials, who held board positions, have stepped down and will be handling management roles. These include Air India’s Director-Finance...



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