Browsing: Market Updates

Knauf India has inaugurated a new Metal Line at its Khushkhera plant in Rajasthan, doubling production capacity and strengthening its manufacturing footprint in India …

Tsugami has officially inaugurated its world-class precision engineering assembly and foundry facility in Oragadam near Chennai, strengthening India’s high-precision manufacturing ecosystem …

Octillion has completed a full transition to solar power at its EV battery system manufacturing facility in India, marking a major step toward its carbon-neutral operations goal by 2027 …

Kia launches its first PBV Experience Center in Pyeongtaek, Korea, showcasing its full PBV lineup, customization zones and future business mobility solutions …

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 …

Lidl Austria is expanding its electric delivery fleet with 42 more Mercedes-Benz eActros 600 trucks, following its initial rollout of 14 units. The retailer aims for emissions-free nationwide store deliveries by 2030 and is building the most powerful e-truck charging network in Austrian grocery retail. By year-end, the first 20 e-trucks will be in daily use, powered fully by green energy …

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 …