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.

Equipment

11 Dec 2025

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..

ACE, Sanghvi Movers Ink MOU to Boost India-Made Heavy Crane Adoption

Action Construction Equipment (ACE), the world’s largest pick-and-carry crane manufacturer and a leading Indian construction equipment maker, has entered into a strategic Memorandum of Understanding with Sanghvi Movers, Asia’s largest and the world’s fifth-largest crane rental company. The partnership aims to accelerate the deployment of indigenously manufactured heavy slew cranes, particularly truck cranes and crawler cranes, across large-scale infrastructure and industrial projects in India.The alliance aligns strongly with the Government of India’s “Aatmanirbhar Bharat” and “M..