Sharmistha Mukherjee

New Delhi

Assistant Editor at The Economic Times

Senior Assistant Editor @EconomicTimes reporting on the automobile industry | formerly at @IndianExpress & @bsindia

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Articles

In Comes the Relief, and India Inc has Its Hopes Riding on It

1 month ago | timesascent.com | Ratna Bhushan |Sharmistha Mukherjee

Companies are hoping the income tax relief under the new regime that kicks in with salaries for April could be afillip to spark greater demand, especially for the mass priced categories after a five-quarter downturn. Executives said they expect this to translate into better demand starting May, particularly in tier-2 and -3 markets, which have been core growth drivers at a time when urban demand has been slowing. “The fact is there will be more money in the hands of consumers.
Goodyear plans to offload farm tyre business in India - ET Auto

1 month ago | auto.economictimes.indiatimes.com | Sharmistha Mukherjee |Arijit Barman

Tyres 2 min read People in the know said the US parent had started working with strategic advisors to explore a full sale, valuing the India farm business at ₹2,500-2,700 crore. New Delhi: Goodyear Tire and Rubber is planning to hive off and sell its farm tyre business in India, a year after it sold its off the road (OTR) business to Japanese firm Yokohama for $905 million, said people aware of the development.
Small wheels left behind as India dreams big SUVs - ET Auto

2 months ago | auto.economictimes.indiatimes.com | Sharmistha Mukherjee

Hatchbacksâ€™ share in the overall passenger vehicle market fell for the fifth straight year to a new low of 23.4% in FY25. New Delhi: Small cars are stumbling downhill, posting their steepest sales decline in recent times last fiscal even as demand for more premium SUVs rose in double digits, reflecting the growing divide between entry-level buyers and more affluent consumers.
India's car exports hit record in FY25, Maruti leads the way

2 months ago | flipboard.com | Sharmistha Mukherjee

3 hours agoIndian star Salman Khan saw a decent opening at the box office on Sunday as his latest Hindi film, Sikandar, hit theatres worldwide on Sunday, March 30. Directed by AR Murugadoss, the film managed to cross $6 million on its first day at global ticket windows. Khan features in the titular role with …
Lamborghini sold out in India until 2027: Demand soars among young ultra-rich buyers

2 months ago | flipboard.com | Sharmistha Mukherjee

12 hours agoArmed with a projector and a Lamborghini, this TikTok crew is turning Tesla’s Cybertrucks into rolling billboards for Musk mockery. Under cover of night, a group of TikTokers known as the Cybertruck Hunters roam the streets, hunting Tesla Cybertrucks in the wild. When they spot one, they pull up …
Automobile parts companies look to tap unaffected countries amid US tariff threats

Mar 6, 2025 | flipboard.com | Sharmistha Mukherjee

5 hours agoBeware the “ketamine-fueled jester.” A French politician by the name of Claude Malhuret has unexpectedly gained a global following after an eight-minute address to his colleagues in the French Senate on Tuesday went viral. The speech offers a clear-eyed assessment of President Donald Trump’s alarming …
Fasten Your Seatbelts! Italian firm to acquire Nashik-based Right Tight Fasteners

Mar 3, 2025 | economictimes.indiatimes.com | Ratna Bhushan |Sharmistha Mukherjee

In one of the largest foreign investment deals in India’s auto parts industry, Fontana Gruppo is buying a majority in Nashik-based Right Tight Fasteners RTF ) that will give the Italian company a bigger presence in the Asian market. Both companies confirmed the deal to ET but did not disclose the terms. A person aware of the details said Fontana is investing close to Rs 1,000 crore for 60% stake.The deal has been structured in two parts.
Brands lining up for Rs 3,000 cr splash at Maha Kumbh

Dec 3, 2024 | economictimes.indiatimes.com | Ratna Bhushan |Sharmistha Mukherjee

India Inc is set to splurge at least Rs 3,000 crore on branding and marketing at the 45-day Maha Kumbh in Prayagraj as companies see a massive consumption opportunity in the mega event held every 12 years. It starts January 13 and is expected to draw 400 million devotees.“Our phones are ringing constantly with queries from both domestic and international companies.
Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava

Apr 3, 2024 | economictimes.indiatimes.com | Sharmistha Mukherjee |Chaitali Chakravarty

may stage a comeback by 2026 as the income of customers at the entry level rises and scooter and motorcycle owners start upgrading, India’s record car sales in FY24 saw SUVs surging and small cars struggling. Bhargava also said that a focus on just electric vehicles will not help reduce carbon emissions if a car is being charged using power generated from coal. In a country as large as India, multiple technologies such as biofuel, ethanol and CNG are required to lower emissions, he said.
Global auto cos drive into India on young talent

Sep 19, 2023 | msn.com | Sharmistha Mukherjee |Chaitali Chakravarty

Some of the world's top automakers are looking to India as the next big market and innovation powerhouse propelled by its young, talented workforce, growing economy and favourable government policies. Detlev von Platen, executive board for sales and marketing at Porsche AG, said India's unstoppable energy is a "wake-up call" for Western economies such as Germany, saying efforts towards mere preservation of status and wealth will leave no room for innovation and progress.