Article by: Anirudh Raheja Shell Lubricants aims at developing next generation lubricants in India.In line with its commitment to continue investing in India, Shell Lubricants will soon comission its technology center at Bangalore in India. Built with an investment of USD 500 million, the technology center will employ 1500 people. An extension of the R&D center Shell has in Bangalore[Read More…]
Article by: Bhushan Mhapralkar Loaders in India are expected to record the highest growth among the various construction and earth moving equipment. According to a new report by Allied Market Research titled Global Construction Equipment Market – size, industry analysis, trends, opportunities, growth and forecast, 2014-2020, the global construction equipment market is expected to reach USD 240.97 billion by 2020,[Read More…]
Article by: Bhushan Mhapralkar New coaches and investments in the luxury bus segment are hinting at its revival. The chief minister of West Bengal, Mamata Banerjee, flagged off the Kolkata-Agartala bus service recently. The service will run through Bangladesh rather than through the Indian states of Assam and Meghalaya. Compared to the earlier 1,650 km, the service will now require[Read More…]
VE Commercial vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 3711 units in August 2015 (YTD 30557) as compared to 3087 units in August 2014 (LYTD 27965) recording a growth of 20.2%(YTD Growth of 9.3%). This includes 3611 units of Eicher brand and 100 units of Volvo brand. The following are the key highlights for August[Read More…]
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