Exports Counter Domestic Slowdown For Bajaj Auto In FY2025

Bajaj Auto

Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has announced its wholesales for March 2025 and FY2025.

For March, the company witnessed flat growth, selling a total of 369,823 vehicles, which was 1 percent higher YoY, compared to 365,904 units for the same period last year.

In contrast to two-wheeler sales, which were flat at 315,732 units (0.59 percent), the three-wheeler sales grew by 3.98 percent, primarily driven by an 11 percent increase in exports.

On the other hand, for FY2025, the company reported a robust growth of 6.9 percent, selling a total of 4.65 million vehicles, as compared to 4.35 million units last year.

The two-wheeler sales came to 3.98 million, up 6.82 percent YoY. This includes 2.30 million two-wheelers sold in the domestic market, up 2.5 percent YoY and 1.47 million units exported, up 13.3 percent YoY.

The three-wheeler sales came to 668,657 units, which was 7.3 percent higher as compared to 623,010 units sold last year. The domestic sales grew by 3.3 percent YoY, while exports grew at 19 percent YoY, respectively.

BAJAJ AUTO
  Mar-25 Mar-24 Change (in %) FY '25 FY '24 Change (in %)
Two-wheelers
Domestic 183,659 183,004 0.36% 2,308,249 2,250,585 2.56%
Exports 132,073 130,881 0.91% 1,674,060 1,477,338 13.32%
Total 315,732 313,885 0.59% 3,982,309 3,727,923 6.82%
Commercial Vehicles
Domestic 37,815 37,389 1.14% 479,436 464,138 3.30%
Exports 16,276 14,630 11.25% 189,221 158,872 19.10%
Total 54,091 52,019 3.98% 668,657 623,010 7.33%
(Two-wheeler + CVs)
Domestic 221,474 220,393 0.49% 2,787,685 2,714,723 2.69%
Exports 148,349 145,511 1.95% 1,863,281 1,636,210 13.88%
Grand Total 369,823 365,904 1.07% 4,650,966 4,350,933 6.90%

Skoda Auto Volkswagen India Attains 2 Million Unit Production Milestone

Skoda Auto Volkswagen India Attains 2 Million Unit Production Milestone

Skoda Auto Volkswagen India (SAVWIPL), one of the leading passenger vehicle manufacturers, has attained a new production milestone of rolling out its 2 millionth unit in the country.

The milestone marks a pivotal moment in the company’s 25-year history in the country. This achievement follows the Group's strongest commercial performance, with October 2025 being its most successful month since the Group's formation. The total includes over 500,000 vehicles built on the MQB-A0-IN platform, which was developed in India by local engineering teams. This platform supports the Skoda Kushaq, Slavia, Kylaq and the Volkswagen Taigun and Virtus.

The last 500,000 units were produced in just 3.5 years, reflecting demand for India-built products.

Interestingly, Skoda Auto India recorded its highest-ever 10-month performance, more than doubling year-on-year to 61,607 units in 2025. Volkswagen India recorded its highest-ever monthly sales for the Virtus during Diwali, with the model holding over 40 percent share in the premium sedan segment in 40 months.

During the year, the Group’s premium and luxury brands also contributed to its market position:

  • Bentley launched Bentley India, an operational division within SAVWIPL, accompanied by new showrooms in Mumbai and Bengaluru.
  • Porsche India added over 4,400 customers over the past six years and expanded its footprint to 13 points of sale.
  • Audi strengthened India’s EV ecosystem with over 6,500 charging points installed under Phase II of the segment-first Charge My Audi initiative. The Audi Approved: plus segment posted 5 percent growth between January and September 2025.
  • Lamborghini delivered its best-ever annual performance in 2024, delivering 113 cars, a 10 percent increase over 2023. The launch of the Temerario in India completes Lamborghini’s hybrid transition in line with its Direzione Cor Tauri strategy.

Piyush Arora, CEO & Managing Director, Skoda Auto Volkswagen India, said, “Every milestone we achieve in India reflects our strong belief in the country’s potential – not just as a market but as a driving force in the future of mobility. The 2-million mark is the outcome of consistent investment in people, technology and local capability. It also speaks to the exceptional trust Indian customers place in our six brands. Indian buyers are among the most informed and discerning in the world. They evaluate every strength and every limitation before choosing a Volkswagen, Škoda, Audi, Porsche, Lamborghini or Bentley, and their confidence strengthens our resolve. This achievement highlights how closely we listen to our customers and how their evolving expectations shape the products we design and build here, with the same quality, precision and trust that define the Group worldwide.”

Going forward, exports will continue to remain a key pillar of the Group’s operations, with more than 700,000 vehicles shipped from India to markets across Latin America, Africa, Southeast Asia and the Middle East, strengthening India’s emergence as an export hub.

The Group operates facilities in Pune and Chhatrapati Sambhaji Nagar. The Pune plant was established with an investment of nearly €600 million to support higher volumes and deeper localisation.

Greaves Cotton Engines Power European Micromobility With Ligier Partnership

Greaves - Ligier

Greaves Cotton, an engineering firm, has partnered with Europe’s Ligier Group, a manufacturer of light and heavy quadricycles. The collaboration will see Greaves’ Euro V+ certified 499cc REVO D+ diesel engines powering Ligier’s JS50 and Myli microcar models.

The engines, designed and manufactured at Greaves' facility in Chhatrapati Sambhajinagar, India, are integrated into Ligier vehicles sold across multiple European countries, including France, Italy, Spain and Germany. This partnership highlights India's increasing role as a supplier of regulatory-compliant automotive technologies globally.

The 499cc REVO D+ single-cylinder, 4-stroke diesel engine features electronic fuel injection and is designed for the light quadricycle, L6e category of vehicles.

The engine produces 6.0 kW of power at 3000 rpm and 26 Nm of torque at 1800–2200 rpm. The engine is claimed to deliver superior fuel efficiency, exceptional Noise, Vibration & Harshness (NVH) performance, and low friction. The engines met the stringent Euro V+ compliance norms through rigorous European-grade quality assurance, including cold-weather validation and lifecycle reliability assessments.

Parag Satpute, Managing Director and Group CEO, Greaves Cotton, said, “This partnership with Ligier is a proud milestone for Greaves Cotton, showcasing how a Made-in-India powertrain is driving European mobility solutions. It reflects our strong engineering capabilities, customer-centric approach, and commitment to delivering global quality standards from our Chhatrapati Sambhajinagar plant. As a trusted partner to OEMs worldwide, we continue to strengthen our comprehensive solutions driven approach that meet the demands of global OEMs for highest standards of performance, efficiency, and sustainability.”

Christian Dujardin, CEO, Ligier Group, said, “Our partnership with Greaves has been marked by outstanding collaboration and mutual trust. Together, we have succeeded in bringing to market the new 499cc REVO D+ engine - a modern, efficient, and reliable powertrain that perfectly meets today’s market expectations, regulatory standards, and customer demands. We are proud of the quality and fluidity of our exchanges throughout this project, which have allowed us to combine innovation and performance. Our teams continue to work hand in hand on future developments to stay one step ahead of the competition and uphold Ligier’s promise of always being at the forefront of innovation.”

Vedanta Aluminium Secures Patent For Lead-Free Alloy

Vedanta Aluminium

Vedanta Aluminium, India’s largest producer of aluminium, has achieved another milestone with the grant of its first product development patent for a lead- and tin-free bismuth-aluminium alloy. This innovation offers a sustainable, high-machinability solution designed to address the global phaseout of hazardous elements like lead and tin in industrial applications.

The alloy, developed by Vedanta Aluminium’s in-house R&D team, replaces lead and tin with bismuth. The company states that the alloy meets global environmental standards while delivering machinability and mechanical strength.

The alloy is engineered for components across the automotive, electronics and textile sectors where machining operations are central to production. Applications include automotive parts such as hydraulic manifolds and drive shafts and electronic components like mobile phone housings.

The innovation was driven by customer demand for sustainable alternatives to traditional machinable alloys (like AA6262 and AA6020) that contain restricted elements. These alloys are currently under regulatory scrutiny.

Lab trials of the new alloy demonstrated performance metrics compared to conventional grades:

  • Strength and Durability: 8 percent higher tensile strength, 21 percent higher yield strength and 17 percent greater hardness.
  • Machinability: Smaller, easily breakable chip formation enhances cutting efficiency and reduces operational time.
  • Tool Life and Surface Finish: Up to 30 percent smoother surface finish and extended tool lifespan.

Rajiv Kumar, CEO, Vedanta Aluminium, said, “Innovation and sustainability are at the heart of Vedanta Aluminium’s R&D efforts, driving us to create solutions that advance our environmental goals while delivering world-class breakthrough products. This patent validates our efforts at pushing the boundaries of material science, while embedding sustainability into every stage of our value chain. The bismuth-aluminium alloy represents the future of responsible manufacturing.”

Image for representational purposes only.

Greaves Cotton Reports INR 6.32 Million Net Profit For Q2 FY2026

Greaves Cotton

Mumbai-headquartered engineering major Greaves Cotton has reported its financial results for Q2 FY2026 with revenue of INR 8.15 billion, up 16 percent YoY, as compared to INR 7.05 billion last year.

The profit after tax grew by 140 percent YoY to INR 6.32 million, as against a loss of INR 14.33 million, showing improved profitability across its businesses.

The company reported that its Engineering Business grew 31 percent YoY in Q2 FY2026 and 30 percent YoY in H1 FY2026.  The Automotive business grew by 48 percent YoY, driven by demand for Euro V+ compliant diesel engines from its European automotive OEM partnership.

Parag Satpute, MD and Group CEO, Greaves Cotton, said, “Greaves Cotton’s performance in Q2 FY2026 reflects the continued strength, agility and resilience of our business portfolio. Our core Engineering business has achieved strong growth. This has been driven by our customer-centric approach of developing products in close partnership with our customers, improved profitability, & is supported by efficiency enhancements that have strengthened our margins. We remain steadfast in our focus on disciplined execution, operational excellence and prudent capital allocation to drive sustainable value creation. Greaves continues to make a meaningful impact across Genset Solutions, Automotive and Industrial sectors through its diverse engineering portfolio, positioning us as a reliable partner in the application engineering space.”