Rate Cut Boosts Auto Sentiment

11 Apr 2025 CW Team

The Reserve Bank of India’s recent decision to maintain its accommodative stance and signal a potential rate cut has been welcomed by the auto industry. According to the Society of Indian Automobile Manufacturers (SIAM), a rate reduction would significantly improve consumer sentiment, especially in interest-sensitive sectors like automobiles.

A cut in repo rates is expected to reduce the cost of vehicle loans, making both personal and commercial vehicles more affordable. This would especially benefit segments like two-wheelers and entry-level passenger cars, where financing plays a critical role in driving sales. Improved access to credit could also support recovery in rural markets, where demand remains fragile.

SIAM emphasised that a positive monetary policy environment will support overall industry revival and align with broader economic recovery efforts. The auto sector, having shown signs of recovery post-pandemic, is now looking for sustained momentum backed by supportive financial measures. With the RBI signalling flexibility in upcoming reviews, stakeholders in the auto space remain hopeful that a cut in interest rates may soon translate into higher vehicle registrations and increased production activity across categories.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..