Frost & Sullivan’s recent research, Strategic Analysis of the Global Shared Mobility Market, 2030, forecasts that the gross market value of the sector will exceed $1 trillion by 2026, despite suffering a major setback due to the pandemic. The growing urban population and rising smartphone penetration are key factors driving the segment globally, followed by tightening emission norms and a shifting focus[Read More…]
Tata Motors, India’s largest commercial vehicle manufacturer, along with its channel partners, has announced the launch of its ‘Go Green’ initiative in line with its commitment to environment sustainability. Under this initiative, Tata Motors, in association with an NGO, will plant a sapling for the sale of every new commercial vehicle and for every new customer who gets their vehicle[Read More…]
Tata Marcopolo Motors Limited (TMML or JV), is a 51:49 JV formed in 2006 between the Company and Marcopolo S.A., one of the largest bus and coach manufacturers globally. Since its incorporation, the JV has introduced several innovative design and concepts helping redefine the premium bus body segment in India. The JV has manufacturing facilities in Dharwad and Lucknow[Read More…]
Pune-based FM Logistic India is looking to set up intra-city warehousing units across Mumbai, Delhi and Bengaluru, including by converting some abandoned mills into such facilities, amid an increasing demand for quick deliveries by online customers. The company is in discussion with a closed mill owner in Mumbai, while exploring the possibility of such projects in Delhi and Bengaluru.However, along[Read More…]
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