INDUSTRY TALK

Tyre makers in India continue to be optimistic on the basis of a medium to long term growth prospects.

Tyre makers in India continue to be optimistic on the basis of a medium to long term growth prospects.

Expected to witness a swift recovery in financials during the second half of the fiscal on the basis of a recovery in Indian operations and continued expansion in the European market, Apollo Tyres has reported a 270.5 per cent year-on-year increase in consolidated net profit of Rs.289 crore for the quarter ending 31 March, 2021. It is bullish about a[Read More…]

by June 14, 2021 News, Tyre Talk
Local battery tech for e3Ws

Local battery tech for e3Ws

Omega Seiki has partnered with C4V to bring solid state battery development to India. Story by Team CV Investing Rs.200 crore in EV space and launching the Singha and Singha Max electric cargo three wheeler in 2020, Omega Seiki, an Anglian mega network company, has partnered with C4V of USA. It has done so in an effort to develop solid[Read More…]

by May 10, 2021 INDUSTRY TALK
Indian bus industry developments

Indian bus industry developments

A number of developments in the Indian bus space are highlighting opportunities as well as the challenges that lie in front. Story by Team CV Goa’s Kadamba Transport Corporation is in the final stages of requisitioning private buses to run on two routes – Ponda to Panaji and Margao to Canacona. This move, the state public transport undertaking thinks, will[Read More…]

by May 7, 2021 INDUSTRY TALK
Industry reaction to scrappage policy

Industry reaction to scrappage policy

The industry reaction to the scrappage policy announcement has been interesting and insightful. Story by Team CV Post the announcement of the scrappage policy by the transport minister Nitin Gadkari reactions and opinions have emerged from different strates of the sociaty at large, and the auto industry along with its various stakeholders and observers. Expressed Vinutaa S, Assistant Vice President[Read More…]

by May 3, 2021 INDUSTRY TALK