industrywiz

Carmakers recall just 1.19 lakh vehicles in 2025, lowest in eight years

The number of vehicle recalls in India hit a eight-year low in 2025. A total of 119,173 two-wheelers, passenger cars, and sport utility vehicles were recalled in 2025 by automakers, which is the lowest annual tally since 2017. According to industry officials, the dipping numbers are owing to enhanced manufacturing…

Siemens Limited Board approves sale of Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for INR 2,200 crore

Siemens Ltd. today announced that its Board of Directors has approved the sale of its Low Voltage Motors and Geared Motors businesses, along with the related customer service operations, collectively known as the Low Voltage Motors business, as a going concern on a slump sale basis, to Innomotics India Private…

“Micro-hospitals” are suggested by experts as India’s new defence against the country’s growing non-communicable diseases.

As India buckles under an epidemic of non-communicable diseases, experts urged the establishment of “micro-hospitals” that they argue can make a dent in India’s deaths due to NCDs by replacing fragmented tertiary models with specialist-led coordinated care and reduced wait times. WHO data indicates that NCDs account for an estimated…

Tamil Nadu’s open-end spinning mills reduce output by half.

The open-end spinning mills in Tamil Nadu are operating at 50% reduced production due to slow demand, increase in costs, and pressure on the price of yarn in the textile industry’s value chain. Open-end mills are incurring losses, as the prices of cotton waste, the primary material used by these…
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