New Hyundai i20 'Magna Executive' Variant Launched In India; Priced At Rs. 7.51 Lakh
In a further update, Hyundai has also introduced its acclaimed Intelligent Variable Transmission (iVT) and electric sunroof in the Magna trim, enhancing convenience and the overall driving experience. The Sportz (O) variant, meanwhile, receives a significant boost in terms of features. It now comes with push-button start, an electric sunroof, and a premium 7-speaker Bose sound system - all previously limited to higher variants.
To further enhance value, Hyundai is also offering a 25.55 cm touchscreen infotainment system as a genuine accessory. Priced at Rs. 14,999, the system supports wireless Apple CarPlay and Android Auto, and includes a rear camera. It comes with a 3-year warranty. With these latest updates, Hyundai is aiming to broaden the appeal of the i20 by offering enhanced features and safety across a wider range of variants.
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Economic Times
31 minutes ago
- Economic Times
Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Cons. Products Kolkata: Smartphones may have sizzled their way to become the country's largest exported goods in the last fiscal year, but Indiamade daily use consumer goods such as biscuits, noodles, packaged gram flour, soaps and shampoos are also rapidly making inroads into global shelves. Top fast-moving consumer goods companies like Hindustan Unilever (HUL), ITC Dabur and AWL Agri Business (formerly Adani Wilmar) have reported faster growth in their export revenue compared with local sales in the past two fiscal international business accounts for only 3% of the turnover for some like HUL due to their very large domestic operations, it brings more than 20% of the revenue for companies such as Dabur, Emami and Marico. Unilever India Exports Ltd, HUL's wholly owned subsidiary for exports to other Unilever companies globally, posted an 8% increase in sales at Rs 1,258 crore in the last financial year ended March 31, according to HUL's annual report. Its net profit rose 14% to Rs 91 total sales, meanwhile, grew at a tepid pace of 2%, weighed by weak domestic company attributed the export growth to products in skin care, lifestyle nutrition, hair care and personal wash, driven by brands like Dove, Horlicks, Vaseline, Pears, Bru, Sunsilk, Glow and Lovely, Pond's, Lakme and Lifebuoy. It's not just basmati rice, traditionally a top commodity for exports from India, which is in high demand, said Angshu Mallick, chief executive at AWL Agri Business, India's largest packaged edible oil company. Mustard and sunflower oil, atta, besan (gram flour), soya nuggets and poha (flattened rice) all are seeing strong demand in foreign markets, he said.'We are just scratching the surface. The proliferation of Indian restaurants and popularity of Indian cuisines in the West is driving the exports. And it's not just the Indian diaspora but even the local people (in foreign markets) are buying these,' said Mallick, predicting that exports could rise 50-80% this fiscal demand is strong, a push from the government through export-focussed programmes like production-linked incentive schemes (PLI) for the food processing industry and millet-based products are also helping boost shipments, industry executives said. The government in December said it had selected 73 companies for benefits under the PLI scheme for marketing Indianbranded food products in global said in its latest annual report that its branded export business grew threefold in the past three years to cross Rs 250 crore in FY25. Godrej Consumer Products said in an investor presentation that the operating margin of its international business expanded to 17% in FY25 from 10% two years told analysts recently that its export business is scaling up fast and it posted 14% growth in constant currency terms (excluding the impact of currency movements) in FY25, compared with overall growth of 12%. At Dabur, exports grew 17% against a 1.3% expansion in consolidated revenue. ITC Ltd said in its latest annual report that the company is seeing 'green shoots' in exports of biscuits, noodles and snacks while its Aashirvaad Atta is already the market leader in several countries. 'ITC is also exploring strategic opportunities in proximal markets as a potential vector of growth going forward,' it a bulk of ITC's foreign exchange earnings from export is still driven by agri-commodities export revenue rose 7% to Rs 7,708 crore in FY25 — its FMCG export is set to become the next growth driver. The firm said its FMCG products are now sold in over 70 countries. Exports of other consumer goods from apparel, jewellery and consumer electronics to automobiles have also grown last fiscal year.
Time of India
an hour ago
- Time of India
Old doesn't mean unfit: Judge car not by age, but condition, say end-of-life vehicle owners in NCR
Gurgaon/Noida: "In the pink of health," Pradeep Pachauri insists of his Nissan Sunny, which he has kept parked in the garage of his Gurgaon house in Sector 37D, of late, fearing the car will be seized if he takes it to Delhi. Tired of too many ads? go ad free now "My car is parked in the garage, and I have been taking cabs to go to Delhi. Imagine," says Pachauri, whose diesel-powered sedan has run less than 1 lakh km in 10 years. "The car is in good running condition. I have an up-to-date Pollution Under Control (PUC) certificate for it. When I bought the car in 2015, I also paid a one-time road tax for 15 years. Despite adhering to all norms, I can't run my car in NCR. The system is forcing me to purchase a new car without getting any meaningful price for my old vehicle," adds Pachauri, saying cars should be judged by emissions and running condition rather than the sole criteria of age. Based on a 2015 NGT order and subsequent rulings by the Supreme Court that diesel vehicles over 10 years old and petrol vehicles more than 15 should be deemed "high-polluting" and EOL (end-of-life) vehicles and taken off roads, Delhi govt had announced they would not be given fuel from July 1, and the vehicles would be seized if seen on roads. But implementation proved thorny. A mix of logistical issues, such as inconsistent rollout timelines across states, and emotional ones—like the distress of parting with a still-functioning car—have made enforcement unpopular. On Thursday, the govt backtracked from it, citing public sentiment. Noida police, however, forged ahead and impounded 76 EOLVs between July 1 and 4 alone. In Delhi, around 90 were seized till July 3. While a policy decision is yet to be taken, the deadline to scrap or shift EOL vehicles from the five high-density NCR districts of Gautam Budh Nagar, Ghaziabad, Gurgaon, Faridabad and Sonipat remains Nov 1 as of now, with plans to cover the rest of the districts in the region by April 2026. Tired of too many ads? go ad free now The order, meanwhile, has left many vehicle owners, like Pachauri, anguished about making a fresh investment in a new car—a new car like Nissan Sunny would cost over Rs 20 lakh—when there is nothing wrong with their old vehicle. "The rule seems to be blind to individual realities, especially for vehicles that saw minimal use during the pandemic and are still roadworthy," says IT professional Sapan Rastogi, a resident of Greater Noida's Gaur City, whose diesel Renault Duster has run just 52,000 km in nearly nine years. "We hardly used it for two Covid years. But we made so many memories—from office runs to trips across Rajasthan and Himachal. It's not just a car—it's part of our family history," he says. In Noida's Sector 51, Sanjeev Kumar's white Volkswagen Vento, a 14-year-old petrol car, has clocked just 58,000 km. "It's well maintained. I've replaced parts, serviced it regularly. It even saved my family's life once during a near-fatal accident," Kumar says. On a family trip to Saharanpur, Kumar dozed off while driving, only to jolt awake as the car spun dangerously before coming to a halt—without flipping. "We could have died that day. But the car protected us. Now I'm being told to throw it away," he says. 'Policy helps car makers, not the environment' Across Noida and Gurgaon, nearly 3 lakh vehicles now face the EOL label—around 40,000 diesel and 1.68 lakh petrol vehicles in Noida alone and over 98,000 vehicles, most of them diesel, in Gurgaon. In Delhi, there were over 60 lakh overage vehicles till March this year. In the absence of fitness-based extensions or buyback schemes, the policy is forcing people to either relocate their vehicles to states without EOL restrictions or dispose of them entirely—often for a fraction of their worth. Meanwhile, the irony is cars banned in Delhi-NCR continue to run in Karnataka, Rajasthan, or Bihar, simply shifting the pollution elsewhere. Sumil Jalota from Greater Noida West recently sold his 2016 Maruti Suzuki Ertiga to a buyer in Karnataka, where the EOL rules haven't yet kicked in. "It was perfectly fine," he says. "But next year it would've been worthless. I had no choice." He has now booked a new Kia Carens, costing several lakhs more. "It's a burden on middle-class families like ours. This rule helps car manufacturers, not the environment." Experts claim that while older vehicles can contribute more to pollution, the current policy doesn't factor in condition or emissions testing. "There is no concrete scientific study isolating ELV pollution levels in NCR. Blanket bans based on age, without condition-based checks, can miss the actual polluters," a scientist at the Central Road Research Institute (CRRI) says. That is also a central complaint among owners. "Why punish an owner whose car is well maintained and PUC-compliant?" asks Alok Singh, a Greater Noida resident whose Mahindra Scorpio will hit its 10-year mark next year. "Some newer cars pollute more due to neglect. We're targeting the wrong end." Singh estimates that replacing his Scorpio will cost nearly Rs 20 lakh, while his current one would barely fetch Rs 2 lakh. "How can a salaried person afford that? There's no subsidy, no compensation. It's not just bad policy—it's anti-poor." Like many others, he argued that a more sustainable approach would be to strengthen public transport and implement rigorous fitness testing, rather than enforcing blanket bans.
Time of India
an hour ago
- Time of India
Indian biscuits, shampoos & poha go global: FMCG exports outpace domestic sales for HUL, Dabur and others
Kolkata: Smartphones may have sizzled their way to become the country's largest exported goods in the last fiscal year, but Indiamade daily use consumer goods such as biscuits, noodles, packaged gram flour, soaps and shampoos are also rapidly making inroads into global shelves. Top fast-moving consumer goods companies like Hindustan Unilever (HUL), ITC , Marico , Godrej Consumer Products , Dabur and AWL Agri Business (formerly Adani Wilmar) have reported faster growth in their export revenue compared with local sales in the past two fiscal years. While international business accounts for only 3% of the turnover for some like HUL due to their very large domestic operations, it brings more than 20% of the revenue for companies such as Dabur, Emami and Marico. Unilever India Exports Ltd, HUL's wholly owned subsidiary for exports to other Unilever companies globally, posted an 8% increase in sales at Rs 1,258 crore in the last financial year ended March 31, according to HUL's annual report. Its net profit rose 14% to Rs 91 crore. HUL's total sales, meanwhile, grew at a tepid pace of 2%, weighed by weak domestic demand. The company attributed the export growth to products in skin care, lifestyle nutrition, hair care and personal wash, driven by brands like Dove, Horlicks, Vaseline, Pears, Bru, Sunsilk, Glow and Lovely, Pond's, Lakme and Lifebuoy. It's not just basmati rice, traditionally a top commodity for exports from India, which is in high demand, said Angshu Mallick, chief executive at AWL Agri Business, India's largest packaged edible oil company. Mustard and sunflower oil, atta, besan (gram flour), soya nuggets and poha (flattened rice) all are seeing strong demand in foreign markets, he said. 'We are just scratching the surface. The proliferation of Indian restaurants and popularity of Indian cuisines in the West is driving the exports. And it's not just the Indian diaspora but even the local people (in foreign markets) are buying these,' said Mallick, predicting that exports could rise 50-80% this fiscal year. While demand is strong, a push from the government through export-focussed programmes like production-linked incentive schemes (PLI) for the food processing industry and millet-based products are also helping boost shipments, industry executives said. The government in December said it had selected 73 companies for benefits under the PLI scheme for marketing Indianbranded food products in global markets. AWL said in its latest annual report that its branded export business grew threefold in the past three years to cross Rs 250 crore in FY25. Godrej Consumer Products said in an investor presentation that the operating margin of its international business expanded to 17% in FY25 from 10% two years earlier. Marico told analysts recently that its export business is scaling up fast and it posted 14% growth in constant currency terms (excluding the impact of currency movements) in FY25, compared with overall growth of 12%. At Dabur, exports grew 17% against a 1.3% expansion in consolidated revenue. ITC Ltd said in its latest annual report that the company is seeing 'green shoots' in exports of biscuits, noodles and snacks while its Aashirvaad Atta is already the market leader in several countries. 'ITC is also exploring strategic opportunities in proximal markets as a potential vector of growth going forward,' it said. While a bulk of ITC's foreign exchange earnings from export is still driven by agri-commodities export revenue rose 7% to Rs 7,708 crore in FY25 — its FMCG export is set to become the next growth driver. The firm said its FMCG products are now sold in over 70 countries. Exports of other consumer goods from apparel, jewellery and consumer electronics to automobiles have also grown last fiscal year. Economic Times WhatsApp channel )
