DEG – Deutsche Investitions- und Entwicklungsgesellschaft will provide JK Tyre & Industries Ltd (JKTIL), a member of the JK Organisation, with a long-term loan of EUR 30 million. The funds will be invested in the sustainable expansion of production capacities at the company’s site in the Indian state of Madhya Pradesh. Joachim Schumacher, member of the DEG Management Board, commented:[Read More…]
Schwing Stetter India, a leading manufacturer of concrete construction equipment in India, announced a 20% revenue growth target for 2025 during its participation in bauma CONEXPO 2024 in New Delhi. The company showcased 45+ advanced machines, including 25% new products – launched crushers (under the material handling category) and upgraded models across construction equipment, concreting, and batching plants at Hall[Read More…]
SWITCH Mobility Ltd, a subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles unveiled its contemporary electric bus platform SWITCH EiV12 – the low-floor electric city bus for the Indian market. It is India’s First Low-Floor City Bus with Chassis-mounted batteries, featuring a scalable battery capacity of over[Read More…]
EKA (Pinnacle Mobility Solutions Pvt. Ltd.), an electric mobility & technology company, has secured two major orders worth approximately ₹150 crore from the Uttar Pradesh State Road Transport Corporation (UPSRTC). This accomplishment further establishes EKA Mobility’s leadership in driving India’s transition to cleaner, greener transportation systems. The orders encompass the supply and maintenance of 40 nos. EKA 12, 12-meter AC[Read More…]
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