Forging an alliance with Bharat Forge and General Dynamics, Tata Motors has bid for the USD 11 billion Future Infantry Combat Vehicle (FICV) project of the Defence Ministry, and is confident of bagging it. Tata Motors is also known to have announced that it meets the requisite criteria on the back of its technical strength, the size of its Indian[Read More…]

A leading manufacturer of electric two and three wheelers in Japan, Terra Motors has launched Y4Alfa e-rickshaw at a price of Rs.1.3 lakh. Powered by a Terra battery unit, which gives a range of 100 km on full charge, the e-rickshaw, weighing 380 kg, can accommodate five people including the driver. The battery, priced close to Rs.27,000, is made in[Read More…]

Petronas Lubricants International (PLI) is keen to grab a larger share of the Indian market. It is preparing to ride the next phase of growth in the Indian lubricants market. As part of its growth plan, the company launched a USD 50 million lubricant blending plant in the Maharashtra Industrial Development Corporation (MIDC) zone at Patalganga near Mumbai. The new[Read More…]

Scania turned 125 in 2016. Founded as a privately owned wagon-building company in 1891, the company has come to become one of the major commercial vehicle manufacturers the world over. A part of the Volkswagen Group, the Swedish CV maker has come to offer a range of trucks and buses thar are modern, innovative and versatile. With a presence in[Read More…]