A group company of UAE-based Gulf Petrochem Group, GP Petroleums Ltd, has launched Repsol brand of diesel engine oil. This is the first time that the company has launched a diesel engine oil in India. Diesel engine oils account for 55 per cent of lubricant sales in the country. With the launch of the diesel engine oil, the company will[Read More…]
A flagship company of TVS Group, Sundaram-Clayton, which specialises in the manufacturing and supply of aluminium die cast auto components for OEMs the world over, will invest Rs.400 crore over the next three years to expand its manufacturing footprint in India. The expansion would increase the company’s manufacturing capacity from 60,000 metric-tonne to 70,000 metric-tonne. Sundaram-Clayton has four manufacturing plants[Read More…]
Ashok Leyland has announced the setting up of its assembly plant at Dhaka, Bangladesh. Built over a period of 15 months, the plant, spread over an area of 37 acres, is a strategic joint venture between Ashok Leyland and IFAD Autos Limited, Bangladesh. An important market according to Vinod K. Dasari, CEO and MD, Ashok Leyland Ltd., the new plant[Read More…]
Pricol has announced the commissioning of its new plant at Phulgaon, Pune. Spread over an area of 6.5 acres, the plant, incorporating green concepts of solar power and Variable Frequency Drive (VFD) air conditioning, is expected to generate a revenue of Rs.220 core in the next two years. Equipped with roof-top solar panels, which would fulfill 40 per cent of[Read More…]
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