Topic
auto industry
Manufacturing Auto Financiers Urge Industry to Embed Financing Seamlessly into Car Sales Process
Speaking at the FADA Finance and Insurance Summit 2026 in Mumbai, auto financiers urged the industry to move beyond generic EMI products toward embedded finance that integrates digital credit at the point of sale. Rajan Pental of Yes Bank noted that while customers arrive fully informed about cars, the multiplicity of lenders delays transactions. India's auto finance market remains dominated by traditional loans, with leasing at about 1.5% and subscription at 0.1%, contrasting with maturing platform-led models in Europe and the US.
Manufacturing India's EV Boom Could Save Rs 1 Lakh Crore in Oil Imports by 2030, Says SBI Report
According to an SBI report, India could save nearly Rs 1 lakh crore if electric vehicles account for 20% of the market by 2030. The report projects 35 lakh additional EVs will replace petrol vehicles between 2027 and 2030, and notes that EV registrations are climbing rapidly. However, charging infrastructure must keep pace, with fast chargers only 30% of the network.
Manufacturing India Car Sales Surge in June 2026 as Tata, Maruti, Mahindra Lead Strong Recovery
India's passenger vehicle industry ended Q1 FY27 on a strong footing, with Tata Motors reporting 69% growth and record EV sales, Maruti Suzuki up 19.3%, Mahindra & Mahindra up 37%, and Hyundai impacted by a supplier fire. The data signals resilient consumer demand, particularly for SUVs and electric vehicles.
Manufacturing India’s E100 ethanol push could trigger ₹50,000 crore auto industry investment
India's push for E100 ethanol could trigger ₹37,000-50,000 crore in auto industry investment, including ₹22,000-30,000 crore in R&D and ₹15,000-20,000 crore in localisation and manufacturing upgrades. However, flex-fuel vehicles are expected to account for only a low single-digit share of the market by 2030, and the investment must compete with ongoing electrification spending.