News

VECV looks at capacity expansion

VECV looks at capacity expansion

VE Commercial Vehicles (VECV) will be investing Rs.400 crore to Rs.450 crore towards capacity expansion, claim industry sources. They cite that this is part of the company’s plan to invest a similar amount year-on-year towards development of new products; BSVI compliant products. Seeing a good rise in the 14- and 15-tonne segment due to buyers downgrading from 16-tonnes, the company[Read More…]

by November 25, 2017 News
BKT wins SQEP Silver Award from Caterpillar

BKT wins SQEP Silver Award from Caterpillar

BKT has won the SQEP Silver Award (Supplier Quality Excellence Process Certification) from Caterpillar. The award reflects the high levels of quality and process control at BKT, a leading manufacturer of industrial and OTR tyres in India. For Caterpillar equipment, BKT produces Earthmax SR 47 and Earthmax SR 45 tyres. The Earthmax SR 47 24.00 R 35 tyre is fitted[Read More…]

by November 25, 2017 News

Truckers for GST inclusion of diesel

Truckers went on a two-day strike in early October with a demand to include diesel fuel in GST. Protesting against the disruptive policies under GST and the inclusion of diesel in GST, truckers, claim industry sources, have not been happy with the government’s decision to review fuel prices every day. Sources draw attention to truckers complaining that the number of[Read More…]

by November 25, 2017 News
Three-wheeler sales revive

Three-wheeler sales revive

Three-wheeler sales are reviving, and also exports. Providing a reason for companies like Bajaj Auto to cheer up, the reason for the revival is said to be the discontinuation of permits in Maharashtra, the requirement for new permits in Delhi, and the replacement of two-stroke three-wheelers with four-stroke equivalents in Bangalore. Claim industry sources that there is an incremental market[Read More…]

by November 25, 2017 News