Mercedes-Benz India will increase prices of its models by 1% to 1.5% in September, its third for the year, amid exchange rate fluctuations, said its Managing Director and CEO Santosh Iyer. The German luxury maker also reiterated its earlier forecast of flat to single digit growth in India for 2025, amid exchange rates and geopolitical concerns.
In a recent conversation with Mr. Girish Wagh, Executive Director of Tata Motors, BTTV’s correspondent Aastha Chopra spoke about the company’s strategic push in international markets. Mr. Wagh highlighted strong traction in SAARC nations and promising growth in Africa and South America, with an expected 20% rise in international volumes. New product launches like trucks, buses, and the game-changing Ace Pro on June 24 are driving momentum. Tata Motors will also be entering electric bus tenders for the first time in three years. With a focus on localisation across manufacturing and supply chains, and new models such as payment-secure asset-based offerings, the company is optimistic post-demerger and targeting sectors like ports and steel.
BTTV’s Chetan Bhutani visits Titagarh Rail Systems' Uttarpara plant in Kolkata and speaks to Deputy MD Prithish Chowdhary. With a robust ₹24,000 crore orderbook split between freight and passenger rail. Chowdhary says that the JV with Ramkrishna Forgings will see a forged wheel plant operational by March 2026 with a capacity of 2.28 lakh wheels annually. Titagarh is eyeing exports but remains focused on India’s massive demand. Coach production stands at 300/month, with plans to scale up to 850/year by FY27-28. The company also aims to expand its decade-old shipping business in Kolkata.
In a recent insightful discussion with BTTV’s Aastha Chopra, Ashish Gupta, Brand Director of Skoda India, shed light on the brand's ambitious strategy to navigate the compact SUV segment. He detailed Skoda's precise approach to balancing market share and profitability, driven by aggressive expansion into Tier-II and Tier-III cities, aiming for over 350 customer touchpoints by year-end. For the new Kylaq, a crucial compact SUV, Skoda projects significant sales volumes in the next fiscal year, targeting an 8% market share in the segment and expecting to exceed 100,000 annual sales as early as 2025. Gupta emphasized long-term profitability as a core objective, while maintaining customer trust remains a vital short-term goal. He also spoke enthusiastically about the newly launched Kylaq as his favourite drive, highlighting its significance to Skoda's growth in India.
Aastha Chopra, a correspondent for BTTV, paints a vivid picture of Skoda India’s plans and showcases their product portfolio. The next 3-4 months are considered pivotal for the Indian markets, with Skoda achieving an all-time monthly sales record of 7422 units. Looking ahead, Skoda is ranked 7th for 2025. To tackle market surges, Skoda is focusing on three pillars: relevance, differentiation, and trust. The AOO segment is set to enter the markets, and the company is expanding to new geographies while exploring the rural segment. Additionally, Skoda aims to make automatic vehicles accessible to everyone.
Maruti Suzuki India (MSIL) on Thursday said its operations remain unaffected by the global rare earth magnet shortage, but added that the situation is uncertain and evolving. The company said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders if any material impact arises.
Tata Motors has taken another big leap in India’s electric mobility journey. On Wednesday, the homegrown auto giant unveiled the much-anticipated Harrier.ev, an all-electric SUV that starts at Rs 21.49 lakh (ex-showroom). The bookings for the electric vehicle will begin on July 2, with deliveries planned for a later date. It will be available in three broad trims: Adventure, Fearless, and Empowered. Furthermore, there are two battery pack options available: 65 kWh and 75 kWh units. But, this is not all, the Tata Harrier.ev gets multiple unique features that set it apart. Here's all about it.
Shailesh Chandra, MD Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility speaks to Riddhima Bhatnagar of business today on the sidelines of Tata Motors, Tata Harrier.ev launch as he talks about the rationale of launching the EV at this time and expanding its offering in the electric vehicle space. He talks about the pricing and tech led features which enhance the customer experience in the new Tata Harrier.ev. He speaks about his expectations from this launch amidst the declining sales of tata motors and how he plans to tackle this obstacle. He also talks about the threat that comes from reports of China stopping the rare earth magnets can have on EV manufacturing.
Tata has introduced several variants of the Altroz over time, including the iCNG, iTurbo, and Racer, each with different powertrain options. However, it is only now that the company has officially given its premium hatchback a comprehensive facelift—at least, that’s the brand’s claim. BTTV's Chetan Bhutani took the car for a spin and gives a detailed review.
Chetan Bhutani spoke with Shailesh Chandra of Tata Motors, on the sidelines of the new Altroz launch. Chandra highlighted strong growth in SUVs, rising from 29% to 55% market share, and increasing traction in the premium hatchback segment, driven by rising household incomes. He noted that short-term EV market share pressure is partly due to fleet segment dynamics and recent competitor launches, but Tata Motors aims to sustain a 50% market share and grow volumes steadily. He added that the India-UK trade pact is a positive milestone, and expects FY26 to mirror FY25 in terms of growth and adds that Tata motors expects a industry beating growth.
BTTV’s Chetan Bhutani brings you an exclusive first look at the 2025 Kia Carens Clavis—a bold new facelift of the popular MPV. With refreshed styling featuring Kia’s Digital Tiger Face, updated LED lighting, sporty 17-inch alloys, and connected tail lamps, the Clavis makes a strong visual statement. Under the hood, it offers multiple engine options including a powerful 1.5L turbo-petrol and a refined diesel, paired with manual, iMT, and DCT transmissions. Inside, it boasts enhanced practicality with flexible boot space and is loaded with safety tech, including ADAS, 360-degree cameras, and six airbags. Designed to cater to the premium personal segment, the Carens Clavis positions itself as a feature-rich and stylish MPV—ready to make a mark in 2025.
The country’s second-largest passenger vehicle manufacturer is gearing up for 26 launches over the next 5 fiscal years. This ambitious rollout includes 20 internal combustion engine (ICE) vehicles and 6 electric vehicles (EVs), comprising a mix of all-new models, full model changes, and product enhancements to its current portfolio. BTTV’s Chetan Bhutani speaks with Tarun Garg of Hyundai India.
Amid global tariff volatility and rising concerns about steel dumping in India, AMNS India remains optimistic about leading the emerging green steel sector. In a conversation with Business Today TV’s Chetan Bhutani, Ranjan Dhar, Director and VP of Sales and Marketing at ArcelorMittal Nippon Steel India, said that the government’s recent policy clarity on green steel has paved the way for Indian manufacturers to meet global benchmarks. He also shared insights into the company’s expansion strategy and voiced concerns over the ongoing pressure from depressed steel prices.
Speaking with Astha Oriel of Business Today, Ashish Gupta, Brand Director at Volkswagen India says that the company has abided by rules and regulations of every country and has done the same in India. The company has been embroiled in a controversy of $1.4 billion tax evasion. Gupta said that India is a very important market for Volkswagen. The company is also looking to apply for new EV policy but awaiting clarification from the government.
In this exclusive conversation, Megan Jensen, Head of Autonomous Delivery Operations at Uber, and Yulia Shevyko, Head of Communications at Avride, discuss the rise of autonomous food delivery. From the technology inside these delivery robots to the element of surprise when customers see their food arriving on wheels, they share insights on how robots and humans will co-exist in the future of food delivery. With operations already in three cities, the expansion of robotic delivery is just getting started!
BYD, the Chinese electric vehicle giant, has officially surpassed Tesla in annual revenue, marking a major milestone in the global EV race. From its humble beginnings as a battery manufacturer in 1995 to becoming a dominant force in the EV market, BYD's journey has been nothing short of remarkable. With a 29% sales jump in 2024 and a record-breaking revenue exceeding $100 billion, BYD is now ahead of Tesla, whose annual deliveries declined for the first time. Backed by Warren Buffett, BYD has also outperformed Tesla in stock market returns, delivering an 82% gain over the past year compared to Tesla’s 62%. Meanwhile, the competition is heating up in India, where BYD is already selling its EVs, while Tesla is still working on certification. Is BYD now the true leader of the EV revolution? Watch the full video to find out!
In conversation with Business Today TV’s Chetan Bhutani, Praveen Neppalli Naga, CTO, Mobility & Delivery at Uber, shared insights on Uber’s push for EVs and driverless cars. Uber has signed a deal to deploy 1,000 EVs in Chennai, advancing its sustainable mobility plans in India. He emphasized Uber’s strong tech integration with Waymo, ensuring seamless driverless rides. While Waymo’s autonomous cars are launching in Atlanta, Uber is also preparing for a driverless future in India with deep API and system integrations.
Business Today TV’s Chetan Bhutani had a unique opportunity to interview Uber’s Chief Product Officer, Sachin Kansal, while experiencing a driverless Uber ride firsthand in Austin, Texas. In this exclusive conversation, Kansal shares insights on Uber’s vision for a hybrid network, where autonomous vehicles and human drivers will coexist to meet growing demand. vtHe also discusses Uber’s partnerships with Waymo and Tesla, the challenges of scaling self-driving technology, and whether India is ready for autonomous vehicles. With regulatory hurdles, evolving technology, and the future of ride-sharing at stake, this interview dives deep into the next big revolution in mobility!
At the Indian debut of the Maybach SL 680 Monogram Series, Mercedes-Benz India MD & CEO, Santosh Iyer shared insights on luxury car demand, tariffs, and free trade. He highlighted strong growth in the ultra-luxury segment, with Maybach and S-Class seeing high demand. Over 90% of their cars sold in India are locally produced, and customer orders for the new model have begun. He emphasized the importance of open markets for economic growth while acknowledging India’s large consumer base. With right-hand drive models arriving in Q1 2026, Mercedes-Benz remains confident in India’s automotive maturity and long-term potential.
India gets its first glimpse of the Mercedes-Maybach SL 680 Monogram Series—a fusion of AMG performance and Maybach luxury. With bookings already open, deliveries are expected only by 2026. The handcrafted two-tone paint, Maybach-exclusive grille, and luxurious interiors make this a true collector’s car. Inside, features like Nappa leather seats, a Burmester 4D sound system, and ambient lighting elevate the experience. Daniel Lescow, Head of Maybach, shares insights on India’s growing luxury car market. With India among Maybach’s top 10 markets, will this roadster redefine luxury here? Stay tuned.
Mercedes-Benz has launched the Maybach SL 680 Monogram Series in India, with the brand expecting the country to enter its top five global markets soon, said Daniel Lescow, Head of Mercedes-Maybach, in an exclusive interview with Business Today TV’s Karishma Asoodani. He added that India is already among Maybach’s top 10 markets, with rising demand. Lescow also discussed the brand’s expansion plans, including new luxury stores, and shared insights on global economic trends, tariffs, and their impact on the ultra-luxury automobile sector.
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