Daimler India Commercial Vehicles (DICV) has praised the government statement about making ACs mandatory in trucks from mid-2017. Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles, has expressed that they highly welcome the government’s push for mandatory AC on trucks. At BharatBenz, we have been selling AC trucks throughout our 9- to 49-tonne truck range since inception, he[Read More…]
Manatec, which specialises in the manufacture of garage equipment, has won the Kaizen award given by Confederation of Indian Industry (CII) – Southern Region, for the fourth consecutive year. The company won the award in two categories – process improvement in electronic testing, and manufacturing improvement in mechanical (CNC machine shop) functioning. Competing in over 60 international markets, and competiting[Read More…]
Eicher Polaris, a 50:50 joint venture between Eicher Motors and Polaris Industries Inc, has announced the appointment of Pankaj Dubey as the Chief Executive Officer (CEO). He succeeds Radhesh C Verma, and will continue to be the Managing Director apart from being the CEO of the company. Dubey’s appointment comes at a time when the company is about to introduce[Read More…]
Private equity firm Warburg Pincus has invested USD 75 million in Rivigo. Third such transaction in India’s logistics sector by Warburg Pincus, the investment, claim industry sources, will give it a minority stake in Rivigo. Claimed to be one of the largest equity financing rounds raised by an Indian startup this year, the funds, Deepak Garg, CEO, Rivigo, is known[Read More…]
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