Auto Sales Rise Six Percent

10 Apr 2025 CW Team

India’s automobile industry registered a six percent growth in overall sales for FY25, with dealers showing cautious optimism for FY26, according to the Federation of Automobile Dealers Associations (FADA). The total vehicle retail sales reached over 29.8 million units, up from 28.1 million units in FY24. Growth was led primarily by the two-wheeler and passenger vehicle segments, driven by increased demand, product launches, and improved rural sentiments.

The passenger vehicle segment grew eight percent, though high inventory levels remain a concern. Two-wheeler sales went up by nine percent boosted by improved financing options and rising rural demand. Commercial vehicle sales, however, remained nearly flat, affected by reduced government infrastructure spending and financing challenges. Electric vehicle adoption showed promise, but growth was slower than expected due to high initial costs and limited charging infrastructure.

FADA cautioned that FY26 could be affected by factors like weather patterns, fuel prices, and election-related volatility. While dealers remain hopeful, they have adopted a more measured approach to inventory and expansion planning. FADA also urged OEMs to manage supply efficiently to avoid overstocking and maintain profitability at the dealer level.

Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..