Niti Aayog Pushes Auto Growth

15 Apr 2025 CW Team

Niti Aayog has proposed a policy roadmap to double India's automotive component output to $145 bn and triple exports to $60 bn by 2030. In its report, “Automotive Industry: Powering India’s Participation in Global Value Chains,” the think tank highlighted India’s current modest three per cent share in global trade, despite being the fourth-largest producer of auto parts. The proposed strategy includes fiscal incentives, capital support for tool development, IPR transfers, and branding assistance to strengthen the sector’s global competitiveness. Additionally, cluster development, common R&D/testing centres, and supply chain upgrades aim to reduce costs and boost efficiency.

On the non-fiscal side, it recommends FTAs, joint ventures, and market access initiatives to expand India's global footprint. Improving skills and product quality was emphasised as essential for closing the global competitiveness gap. If executed effectively, the plan could generate 2.5 million new jobs, raising total employment in the sector to 3–4 mn , and help India achieve a $25 bn trade surplus in auto components.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..