Besides emphasis on electricity distribution reforms and measures for gig workers, the Budget 2025 puts the spotlight on national manufacturing mission to support clean tech, improve value addition in solar PV modules, electric vehicle batteries, high voltage transmission equipment, wind turbines and grid scale batteries. 
With China controlling much of the clean tech supply chain, the mission will combine with the PLI schemes for solar PV modules and batteries, aiding those in the field of backward integration and operations that are scaling up. 
Further scaling up the reach of ‘Make-in-India’ initiative, the Budget 2025 once again has brought into focus the MSME sector. It has been the worst hit by GST with thousands of units in any given industrial areas in cities like Pimpri-Chinchwad going belly up. Considered to provide employment to up to 70 percent in the manufacturing MSMEs have not only been unable to sustain financially, they have not been able to innovate or invest in advanced machinery/equipment and upskilling the way they should have been. 
They also seem to have lost out on their ability to export or sustain the margin pressures that come with supplying goods to suppliers up the ladder. This has led to many Tier 1  or Tier 2 suppliers and OEMs – particularly in the auto sector which contributes most to GST collection and the manufacturing GDP of the country – to look at sourcing from China by installing either permanently or temporarily their sourcing personnel or agents there. 
Perhaps taking such practices into account, the Budget 2025 has focused on MSME sector in terms of their upliftment as it would in-turn help them to drive employment led innovation, energy supplies and exports. 
The custom duty on Lithium-ion batteries has been reduced and tax has been exempted for cobalt powder. 
On the Income Tax front, the Finance Minister announced in her speech that a New Income Tax Bill will be tabled in the Parliament soon. This bill is expected to exempt tax on income till INR 12,00,000. There will be TDS relief offered to senior citizens. 
Until the New Income Tax Bill in tabled in the Parliament and passed, the old Income Tax regime will continue to be valid. 
 

Image for representative purpose only.

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German chemical major Henkel has introduced a new portfolio of anti-fingerprint (AF) coatings, comprising Loctite AF 8810 and Loctite AF 8812, developed without the use of per- and polyfluoroalkyl substances (PFAS) or fluorine ingredients.

The launch addresses tightening global regulations in Europe, the US and Asia regarding PFAS, providing manufacturers with surface coating alternatives that do not rely on these substances.

The products utilise silicone-based, low-surface-energy technology to ensure performance across different materials. Loctite AF 8810 is intended for plastic display cover lenses, while Loctite AF 8812 is designed for glass surfaces, meeting a 9H hardness standard. These coatings are engineered for automotive touchscreens, where screen durability and optical clarity are essential for user interaction.

Technical specifications indicate that the coatings provide a low coefficient of friction for touch interactions and maintain hydrophobicity after prolonged UV exposure. During testing, Loctite AF 8812 demonstrated durability by maintaining consistent water contact angles after 5,000 abrasion cycles. The range supports mass-production application methods such as spray and physical vapour deposition (PVD), with thermal curing times starting at 30 minutes.

Deckard Sorensen, Vice-President of Optical & Conformal Coatings at Henkel, said, “The transition away from PFAS is accelerating globally, and our customers need high‑performance alternatives that meet demanding specifications without adding process complexity. With Loctite AF 8810 and AF 8812, we deliver excellent durability, optical performance, and user comfort formulated without PFAS ingredients – enabling automotive customers to meet the evolving needs of the market and the regulatory landscape at the same time."

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Tier 1 automotive supplier AUMOVIO India has announced that it has surpassed a new production milestone of manufacturing 10 million Airbag Control Units (ACUs) at its Bengaluru plant.

The facility, which commenced ACU production in 2016, supplies automotive manufacturers in India and exports to markets including Japan and Korea. The achievement was marked alongside the inauguration of a new Tire Pressure Monitoring System (TPMS) production line and the introduction of the Integrated Safety Control Module (ISCM).

The Bengaluru site has transitioned from manual assembly to an automated manufacturing environment to increase throughput and consistency. This evolution is paired with a localisation strategy where a majority of ACU components are now sourced from within India. These developments are intended to establish the facility as a central hub for safety systems within the Asia-Pacific region, supporting the requirements of global automotive original equipment manufacturers (OEMs).

AUMOVIO became an independent entity in September 2025 following a spin-off from Continental’s automotive group. The company reported sales of EUR 18.5 billion in FY2025 and maintains a global workforce of 82,000 across more than 80 locations. Its portfolio includes sensor solutions, brake systems, and software architectures for autonomous and connected mobility.

Prashanth Doreswamy, President & CEO, AUMOVIO India, said, “This milestone reflects the steady scale-up of our manufacturing operations over the past decade. Our transition towards increased automation, along with a strong focus on localisation, has enabled us to improve efficiency and build a more resilient supply ecosystem, while continuing to deliver high-quality, safety-critical systems to our customers.”

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Skoda Auto Volkswagen India (SAVWIPL), one of the leading passenger vehicle manufacturers, has announced the start of production for the new Volkswagen Taigun from its Pune facility. The model is part of the group's strategy to manufacture vehicles in India for both domestic and international markets.

The Taigun is produced with high levels of localisation at the Chakan facility. Since its introduction in 2021, the company has manufactured over 143,000 units of the model in India. Approximately 30 percent of this total production has been exported to global markets.

The vehicle is engineered to meet European driving dynamics and maintains a 5-star safety rating. The updated iteration includes design changes and features intended to improve convenience based on consumer feedback.

Piyush Arora, Managing Director & CEO, Skoda Auto Volkswagen India, said, “The start of production of the new Volkswagen Taigun underscores the maturity of our world-class manufacturing ecosystem in India. Our Indian manufacturing facilities are geared to deliver global-quality vehicles with high levels of localisation, enabling us to respond quickly to what customers demand in India and in export markets. The Taigun stands as a perfect example of this approach, engineered in line with Volkswagen’s global benchmarks and produced in India with a sharp focus on efficiency, quality, and safety. As we roll out the new Taigun, we are further solidifying India’s position as a strategic production and export base for the Group.”

Nitin Kohli, Brand Director, Volkswagen India, added, “Since its launch, the Taigun has been instrumental in strengthening the brand’s SUV strategy. It has played a pivotal role in bolstering our product portfolio for discerning Indian buyers and their aspirations. The new Taigun is central to our strategic plan for the model line-up that will drive meaningful growth. The start of production for the new Taigun at our Chakan facility is a moment of great pride for us. It continues to signify our commitment to the Indian consumers who choose to own premium German-engineered products. We are certain the new Taigun will build on the success of its predecessor and elevate customer experience.”

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Chinese automotive major Changan Automobile and CAOA have inaugurated an automated production line in Anapolis, Brazil, marking the start of local assembly for the Changan UNI-T SUV.

The ceremony was attended by President Luiz Inacio Lula da Silva and Vice-President Geraldo Alckmin, signaling a phase of industrialisation and mobility investment in Brazil.

The inauguration initiates a USD 950 million investment cycle for 2026-2028, which adds to the earlier USD 570 million invested since 2023. Total investment in the Anapolis facility reaches USD 1.52 billion with the plant now equipped to have an annual production capacity of 90,000 units.

The UNI-T was developed over three years by a team of 200 Chinese and Brazilian engineers. Key technical features include:

• Powertrain: A 1.5 Turbo GDi BlueCore Flex engine, calibrated by CAOA to operate on any ethanol-petrol blend.
• Testing: The vehicle underwent 200,000 km of durability testing across various Brazilian climates.
• Digital Features: A localised Portuguese voice control system and connected cockpit tailored for the domestic market.
• Future Roadmap: Changan plans to introduce hybrid and electrified variants, supported by the federal government's MOVER programme.

The company expects to open over 60 dealerships across Brazil during 2026 to support its expanded sales footprint.

Zhu Huarong, Chairman, China Changan Automobile Group, said, "For Changan, Brazil is not only a place to invest, but a land where we committed to building a long-term future."

Carlos Alberto de Oliveira Andrade Filho, Co-President, CAOA, added, "The UNI-T represents far more than a new model. It demonstrates that Brazil can establish itself as a global hub for high-technology automotive engineering and production."

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