Browsing: Market Updates

Himadri Speciality Chemical Ltd has completed its first liquid coal tar pitch export to the Middle East from New Mangalore Port, marking a major milestone in its global expansion. The 3,600-tonne shipment strengthens its export corridors and reinforces India’s presence in the global carbon materials market …

Synopsys and 3D Engineering have launched a new Engineering Simulation Design Center at MECF Pune to accelerate innovation for MSMEs, startups and students. Equipped with advanced Ansys simulation tools and HPC infrastructure, the center supports R&D, industry collaboration and India’s broader ‘Make in India’ and ‘Skill India’ goals …

Hyundai Motor India recorded total sales of 66,840 units in November 2025, achieving 9.1% YoY growth. Domestic sales reached 50,340 units, while exports rose 26.9%. Strong demand for the all-new Hyundai VENUE, the company’s first software-defined vehicle in India, boosted overall performance …

Hyundai Motor Group is expanding its V2G and V2H EV energy services across Korea, Europe, and the U.S., enabling electric vehicles to support homes and power grids. The rollout begins with EV9 and IONIQ 9, enhancing renewable-energy integration and future-ready mobility …

The global automotive cybersecurity market is expected to grow from USD 2.31 billion in 2023 to USD 7.85 billion by 2031. Growth is driven by increasing connected vehicle adoption, rising cyber threats, demand for ADAS, telematics protection, and regulatory pressure for secure in-vehicle systems …

Mahindra Last Mile Mobility Limited and Punjab National Bank have signed an MoU to offer EV financing solutions. With PNB’s 10,000+ branches, the partnership aims to boost last-mile electric vehicle adoption with accessible loans and flexible repayment plans …

GST 2.0 has renewed momentum in India’s car industry, led by strong demand for small vehicles. Stellantis predicts growth above 5% and aims for major export expansion …

MIT-WPU researchers have developed a patented passive hybrid cooling system that keeps EV batteries cooler and safer in hot climates. The design uses heat pipes and a custom nanofluid — with no pumps or fans — to prevent overheating, extend battery life, improve charging efficiency, and reduce fire risk …

Bengaluru’s 3ev has secured ₹120 crore in a Series A round led by Mahanagar Gas Limited, marking MGL’s first-ever investment in the EV sector. The funding will boost manufacturing capacity, expand ecosystem-driven three-wheeler mobility, and drive growth toward profitability by FY26 …

Calderys has commissioned its basic monolithics line at the new Odisha facility, marking a major step in strengthening India’s refractory supply chain. The CAPES site will expand to six production lines and serve key sectors while contributing to Make in India and sustainable industrial growth …