Renault has announced plans to launch seven new models in India by 2030, targeting the country as one of its top three global markets. The French automaker is repositioning its Chennai manufacturing facility from a domestic production base into a global export hub, signaling a structural shift in how it values the Indian operation. India's passenger vehicle market has been growing steadily, drawing renewed commitments from global OEMs seeking volume scale outside saturated Western markets. By anchoring export capacity in Chennai, Renault reduces per-unit cost exposure and gains currency and logistics flexibility across emerging market destinations. The seven-model rollout sets a product cadence of roughly one launch per year through 2030, a pace designed to build dealer network depth and brand recall simultaneously. Execution risk centers on localisation rates, competitive pricing against entrenched rivals like Maruti Suzuki and Hyundai, and the pace of EV infrastructure development. Progress on Chennai's export ramp and model-by-model reception will be the clearest indicators of whether the India pivot delivers.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
