Topic
sales target
Manufacturing MG Sets Target for New Energy Vehicles to Account for 80% of Sales by 2026
JSW MG Motor India expects new energy vehicles (NEVs) — including EVs, hybrids, and plug-in hybrids — to account for nearly 80% of its total sales in 2026, according to managing director Anurag Mehrotra. The company will launch its first plug-in hybrid later this financial year, built on the new ADAPT multi-energy platform. Industry-wide EV sales are growing at around 70%, and EV penetration in India crossed 8% in June 2026.
Business G Square revives industrial plot business, targets ₹2,000-crore sales this fiscal
G Square Group is reviving its industrial plot development business after a five-year hiatus, targeting ₹2,000 crore in sales this fiscal. The company also plans ₹5,000 crore in residential plot sales and has launched a new project in Gummudipoondi.
Trade UK Government Set to Weaken Electric Car Sales Target to 50-70% by 2030
The UK government is set to water down its 2030 target for electric vehicle sales, currently 80% of new cars, with a consultation on a new target between 50% and 70%. The Zero Emission Vehicles (ZEV) mandate, which includes phased annual targets and fines of £15,000 per non-compliant car, has cost the industry over £10bn in two years according to the SMMT. Industry and unions warn of job losses, while sustainability groups argue weakening could harm charging infrastructure investment.
Business Embassy Developments Targets ₹8,000 Crore Pre-Sales in FY27 Amid West Asia Supply Chain Pressures
Embassy Developments Ltd aims for ₹8,000 crore in pre-sales for FY27, a 73% jump from the previous year. Managing Director Aditya Virwani cited robust end-user demand but flagged West Asia-linked supply constraints for tiles and other materials, which are squeezing industry profit margins. The company will launch ₹19,500 crore worth of homes across Bengaluru, MMR, and Delhi-NCR to meet the target.