Mumbai-headquartered commercial vehicle and passenger vehicle major Tata Motors has announced its wholesales for FY2025 and March 2025.

The company sold a total of 912,155 vehicles across the passenger vehicle and commercial vehicles segment, which was 4 percent lower compared to last year. This includes 358,570 commercial vehicles, down 5 percent YoY and 553,585 passenger vehicles, down 3 percent YoY. 

For March 2025, the commercial vehicle sales came at 90,500, a flat decline as compared to 90,822 units last year, while passenger vehicle sales came at 51,616 units, up 3 percent YoY as compared to 50,110 units for the same period last year.

Girish Wagh, Executive Director, Tata Motors, said, “FY2025 ended on a positive note for commercial vehicles industry, post the YoY demand decline witnessed earlier. Tata Motors Commercial Vehicles navigated the headwinds effectively, to record wholesales of 376,903 units, outpacing industry growth in trucks and commercial passenger carriers, thereby strengthening its Vahan registration market share. Reinforcing our commitment to green, future-ready technologies, we launched India's first hydrogen-powered heavy-duty truck trials, while our e-bus fleet collectively covered over 30 crore km nationwide. In Q4 FY2025, the sustained YoY improvement in sales volumes over successive quarters gained further momentum with both trucks and passenger carriers registering healthy growth, in line with the annual trend.”

“Looking ahead to FY2026, we anticipate sustained growth despite global headwinds. Demand is expected to rise, driven by higher fleet utilisation, financial support from rate cuts, lower crude oil prices and a renewed focus on large-scale infrastructure projects. At the same time, we remain mindful of the potential impact of new regulations mandating truck cabin air conditioning on vehicle prices. We will continue to closely monitor government infrastructure spending and growth across key end-use segments. With an expansive product portfolio, smart digital solutions and new nameplate launches on the anvil, Tata Motors Commercial Vehicles is well-positioned to leverage market opportunities and maintain its growth trajectory,” added Wagh.

Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said, “Passenger vehicle sales is expected to reach 4.3 million units in FY2025, reflecting a modest 2 percent growth. SUVs continued to dominate the market with double digit growth and accounted for around 55 percent of new car sales. Preference for emission-friendly CNG vehicles surged by around 35 percent and EVs showed renewed promise, with more industry participants enhancing customer choices and strengthening the ecosystem. Amidst a challenging year marked by fluctuating demand, Tata Motors Passenger Vehicles achieved wholesales of 556,263 units, including 64,726 units of EVs. We led the industry in SUV growth and outpaced it in CNG sales, recording over 50 percent YoY growth. Across various segments of the PV industry, Punch emerged as the top choice for private buyers to become India’s No. 1 SUV in FY25. Our latest launches and updates – Curvv, Nexon CNG and Tiago – received an enthusiastic response, resonating strongly with customers. We achieved two key milestones in FY25, as we surpassed 6 million cumulative sales for PVs, and 200,000 cumulative sales for EVs.”

“Looking ahead, overall demand growth will be shaped by macroeconomic factors such as consumption growth, inflation, infrastructure spending and global geopolitics. However, industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. SUVs, CNG, and EVs will remain key growth drivers, fuelling the industry's expansion. With a strategically aligned product portfolio, supported by new nameplate launches and our multi-powertrain strategy, Tata Motors is well positioned to seize market opportunities and sustain its momentum,” added Chandra.

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Hindustan Zinc has introduced ‘Tejaswini’, a section led by women across all shifts at its Chanderiya Smelting Complex. The initiative begins with a team of 30 professionals who will manage operations, maintenance and safety within the Leaching and Purification units. This section is a part of the facility’s hydrometallurgy operations, which determine production throughput and quality.

Women now represent 26.3 percent of the workforce at Hindustan Zinc. The ‘Tejaswini’ team is led by Tanya Singh, Plant Manager for L&P I, Hydro. The company has previously introduced an underground all-women mine rescue team and enabled women to lead night shifts and tele-remote mining operations. These actions form part of the Vedanta Group goal to reach 35 percent women representation across its total workforce.

To support the expansion of women in core manufacturing roles, the company has implemented infrastructure updates at the site. These include the V-Safe app, CCTV surveillance, biometric access and dedicated transportation facilities for night shifts. The Chanderiya Smelting Complex is among the largest zinc smelting facilities globally, producing metal for infrastructure and energy sectors.

Arun Misra, CEO and Whole-Time Director, Hindustan Zinc, said, “At Hindustan Zinc, we believe the future of mining will be driven by diverse talent, advanced technology, and a culture of inclusion. The launch of Tejaswini reflects our commitment to creating meaningful opportunities for women in core operational roles that power industrial performance. By enabling women to lead critical processes at our smelting operations, we are strengthening our talent pipeline while demonstrating that leadership and capability transcend traditional industry boundaries. As we pursue our long-term growth ambitions, initiatives like these will help shape a more progressive and future-ready mining sector.”

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Chennai-headquartered commercial vehicle major Ashok Leyland, the Hinduja Group flagship, has commenced construction of a greenfield battery pack manufacturing plant at Pillaipakkam, Tamil Nadu. The project involves an investment of INR 4-5 billion, forming part of a broader investment plan outlined in a memorandum of understanding signed in September 2025.

The facility aligns with the Tamil Nadu Electric Vehicle Policy 2023 and the National Mission on Transformative Mobility and Battery Storage. The project is intended to localise the production of battery packs for the commercial vehicle sector and reduce reliance on imported components.

The Pillaipakkam site marks Ashok Leyland's tenth manufacturing presence in Tamil Nadu. The company aims to use the facility to strengthen the domestic supply chain for its electric vehicle (EV) portfolio and its subsidiary, Switch Mobility.

Ashok Leyland has invested over INR 90 billion in Tamil Nadu since 1948. The new plant is expected to create jobs in high-technology manufacturing and advanced skill development. The foundation plaque was unveiled by M.K. Stalin, Chief Minister of Tamil Nadu, in the presence of state officials and company leadership.

Dheeraj Hinduja, Executive Chairman, Ashok Leyland, said, “Our journey has been closely intertwined with the growth of Tamil Nadu for more than seven decades. Ashok Leyland, along with its subsidiary, Switch Mobility, have already developed a vast range of electric Commercial Vehicles, and have taken a lead position in the EV market. The groundbreaking of the new battery pack manufacturing facility marks an important step in our electric mobility journey and reinforces our commitment to building a strong domestic EV ecosystem.”

Shenu Agarwal, MD & CEO, Ashok Leyland, added, “Battery pack technology is central to the future of electric mobility and energy storage. This facility will enable us to build advanced battery pack solutions with greater efficiency, safety and reliability while supporting the battery supply chain localisation It will also contribute to developing specialized talent and creating new opportunities in high-technology manufacturing within Tamil Nadu.”

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Swiss technology major ABB has announced that it is set to further invest around USD 75 million in India for 2026. The capital expenditure is directed at expanding the company’s manufacturing footprint and research and development (R&D) capabilities across five locations: Bengaluru, Hyderabad, Nashik and Vadodara.

This move follows a USD 35 million investment in 2025 and forms part of ABB’s ‘local-for-local’ strategy. Currently, 85 percent of the products ABB sells in India are manufactured within the country. The expansion is expected to create 300 skilled jobs in engineering, research, and operations.

The investment is distributed across several key hubs to support electrification, motion, and automation:

• Nelamangala, Bengaluru (USD 14 million): Expansion of Campus 1 and 2 to scale converter manufacturing for high-speed rail and metro segments. It includes a tenfold increase in production for uninterruptable power supply (UPS) solutions.
• Peenya, Bengaluru (USD 21 million): Funding to increase capacity for low-voltage drives and specialised motors, including flameproof and smoke-venting variants. The site will add an innovation lab and remote monitoring facilities.
• Nashik (USD 22 million): Expansion of the circuit breaker factory and the Vacuum Interrupter (VI) facility. This site will drive the localisation of 33kV Primary Gas Insulated Switchgear and SF6-free technologies by 2028.
• Hyderabad (USD 12 million): Completion of phase one of a new R&D and engineering hub, including a high-power testing laboratory.
• Vadodara (USD 6 million): Scaling of the synchronous generator and induction motor factories to serve the metals, oil and gas and wind sectors.

ABB’s revenue in India reached more than USD 1.5 billion in 2025, representing roughly 4 percent of the Group’s global total. The company identified grid modernisation, data centre development and renewable energy transition as the primary drivers for the increased capacity.

Morten Wierod, Chief Executive Officer, ABB, said, “This investment in India is an important part of our strategy to support infrastructure build-out and growth in one of our fastest growing markets. We are seeing strong demand driven by the country’s energy transition, grid modernization, data center development, and the rapid expansion of the metro and high-speed rail segments. Our expanded facilities will ensure we meet this demand while enhancing our capabilities to serve other markets in the region.”

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American technology company Aptiv has announced that its Board of Directors has approved the spin-off of its Electrical Distribution Systems business into a new publicly traded entity – Versigent.

Versigent provides signal, power and data distribution systems for the automotive and commercial vehicle sectors. It operates engineering centres across four continents and manufacturing facilities in more than 30 countries, focusing on low-voltage and high-voltage electrical architectures.

The separation will be executed through a distribution of Versigent ordinary shares to Aptiv shareholders. Stockholders will receive one ordinary share of Versigent for every three ordinary shares of Aptiv held as of the record date.

Aptiv shareholders are not required to take action, pay consideration, or exchange existing shares to receive the Versigent stock.

Following the separation, Aptiv will continue its operations as an industrial technology company focused on vehicle automation, electrification and digitalisation. Versigent will maintain its legacy in designing and manufacturing advanced vehicle architectures for original equipment manufacturers (OEMs).

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