Domestic

Slowing SCV segment

Slowing SCV segment

Story and Photo by Deven Lad The erstwhile bankable Small Commercial Vehicles segment witnesses a consumption-led slowdown in H1 FY 2019. Higher fuel costs, lower truck rentals, weak freight availability, disruptive tech and stiffer competition have made it harder for small truck operators to stay in business. Take the story of 47-year-old Dinesh Kamble. Operating in the small truck business[Read More…]

by January 7, 2020 Domestic, smart transport, SMART TRANSPORT
BYD enters material handling equipment business in India

BYD enters material handling equipment business in India

BYD India Private Limited, has forayed into the material handling equipment (MHE) business in India, powered by a lithium-ion phosphate battery. The move comes on the back of the Indian warehousing and logistics sector expected to attract around USD10 billion investment over the next four-five years, and the modernisation, technological advancement and process optimisation of the warehousing sector will be[Read More…]

by December 4, 2019 Domestic
Material shift in CV industry driving demand for aluminium

Material shift in CV industry driving demand for aluminium

Sricharan R From the use of aluminium in building bodies for some of the Audi’s most phenomenal models to its use in CVs, a significant material shift in CVs is also underway. An experience of this was had at a recent event conducted by ARAI, showcased a lightweight aluminium bus. This is however not the first instance. Roughly three years[Read More…]

by November 22, 2019 Domestic
Greaves Cotton ready for BSVI in three- and micro four-wheeler segments

Greaves Cotton ready for BSVI in three- and micro four-wheeler segments

Team CV Reporting 11 per cent growth in revenue for FY2018-19 at Rs.1988 crores as against the revenue of Rs.1792 crores in FY2017-18, Greaves Cotton is ready to move to BSVI along with its automotive (OEM) clients. After supplying powertrains to most of the three- and micro four-wheeler manufacturers in India, Greaves Cotton is now pursuing a strategic plan to[Read More…]

by November 21, 2019 Domestic