News

Greaves Cotton ventures into multi-brand spares

Greaves Cotton Limited has announced an entry into multi-brand spares business. Marking an extension of its aftermarket services, Greaves Cotton, through its 3000 outlet network in aftermarket services will cater to engines, transmissions, electrical, rubber parts, lubricants and body parts in a phased manner. Keen to tap the vast untapped potential due to the increasing vehicle population in India in[Read More…]

by August 23, 2016 News
SIAM Logistics Conclave banks on collaborative effort

SIAM Logistics Conclave banks on collaborative effort

Automotive logistics business is of prime importance to India’s economy. Almost 95 per cent of the vehicle movement is undertaken through road transport. Logistics costs, in such a situation, are estimated to be as high as 14 per cent of the GDP. Such a scale should make it essential for the industry to address growing complexities in the area of[Read More…]

by August 8, 2016 News

Brexit effect on Indian auto industry

The immediate effect of Brexit, where the people of UK voted to stay or walk out of the European Union, was a short drop in the value of Indian Rupee. The NSE and BSE indices also fell,but seem to be on their way to recovery. Share prices of companies like Tata Motors with considerable exposure to UK slipped. With the[Read More…]

by August 8, 2016 News

Startrek Logistics is Spoton Logistics

Created to transfer physical and business assets from TNT in 2012, the company has been using Spoton as its brand name since its inception. Following the name change will be the updation and restructuring of various aspects of the business. Claimed to be one of the India’s leading express logistics service providers, the company provides logistics solutions to industries and[Read More…]

by August 8, 2016 News