SUN Mobility-IOCL announced the appointment of Anant Badjatya as the CEO of its newly formed joint venture,Indofast Swap Energy Pvt. Ltd. Anant Badjatya, formerly CEO – SUN Mobility, has taken the reins of Indofast with immediate effect. This strategic move follows the landmark deal signed by IOCL and SUN Mobility in June 2024 to establish one of India’s largest battery-swapping networks[Read More…]
In a major stride to the Make-in-India initiative, Indore-based Candytoy Corporate Pvt Ltd has entered into an international deal with Becky’s to supply them with mobility toys and other variants. The deal worth Rs 45 crore (€ 5 million) from Becky’s, an international wholesaler of gifts, sweets, and snacks, based in the Netherlands has been signed recently. Gaurav Mirchandani, Director, Candytoy Corporate[Read More…]
The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for September’24. September’24 Retails FADA President, C S Vigneshwar, shared his perspective on the auto retail performance for September 2024, stating, “The 2024 southwest monsoon recorded 8 per cent above-normal rainfall—the highest in four years—which has boosted Kharif sowing by 1.5 per cent YoY. This increase in agricultural productivity[Read More…]
Ashok Leyland has commenced delivery of its AVTR 55T Electric, BOSS 19T Electric, and BOSS 14T Electric trucks to Billion Electric Mobility, part of the BillionE Group. This marks the beginning of a large order of 180 electric vehicles, including the AVTR 55T Electric Tractor and BOSS Electric Trucks. During the flag-off event, Shenu Agarwal, MD & CEO of Ashok[Read More…]
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