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On the back of robust services exports.
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On the back of robust services exports.
We need sulphur anyway. Industries run on sulphuric acid like there is no tomorrow. so much that China has put up ban on sulphuric acid export.Venezuelan crude is actually very hard to refine. It’s extremely heavy and high in sulfur. Only a few countries have refineries complex enough to handle it properly at large scale. India is one of them mainly because refineries like Jamnagar and Vadinar were designed to process heavy sour crude efficiently.
Global Passenger Car Production 2025 – China Leads, India Rises to No. 3
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Exclusive: India's Tata taps China's Chery for premium EV push, sources say
June 3 (Reuters) - Tata Motors plans to license an automaking platform from China's Chery, four people familiar with the matter told Reuters, as it aims to get the launch of its premium EVs back on track after a delay.
India's biggest electric carmaker, will use Chery's platform to locally build EVs under its premium Avinya brand with plans for at least two cars, the first of which will be launched in 2027, three of the people said.

Chery issues clarification, saying it has no arrangement for direct investment or tech transfer in Indian market
Published: Jun 08, 2026 07:41 PM
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Chery has no arrangements for direct investment or technology transfer in the Indian market, the Chinese automaker said in a clarification statement on Monday regarding inaccurate reports about its cooperation matters.
The company's statement came after Reuters reported on June 3 that Tata will use Chery's platform to launch its Avinya electric vehicles, and Tata told Reuters in a statement it will leverage the Freelander platform produced in a joint venture between Chery and Jaguar Land Rover in China, with the cars being manufactured at its newly opened factory in Tamil Nadu in southern India.
According to the statement, Chery said it has noticed that recently, many media outlets have cited foreign media reports to interpret Chery's cooperation with India's Tata Group. While there has been some well-intentioned attention, this has also led to a large number of inaccurate speculations, the company added.
"The cooperation agreement currently under discussion between Chery and India's Tata Group is limited to vehicle-related parts supply, including providing auto components. Chery has no arrangements for direct investment or technology transfer in the Indian market," the statement noted.
Expressions such as "platform transfer," "platform authorization," "technology authorization," "technology export," or "technology output" used by some media outlets and accounts are inconsistent with the facts, it said, adding that it sincerely thanks all sectors of society for their concern and attention to the company.
From January to May, Chery achieved cumulative sales of 1.1 million vehicles, a year-on-year increase of 7.2 percent. Among them, exports totaled 752,755 vehicles, up 69.5 percent, setting a new record among Chinese automakers by surpassing 700,000 in just five months, according to the company.
India has good Ev and doesnt need china
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