Road construction and irrigation activities are claimed to be driving growth in the earthmoving and constrction equipment sector. Sales grew by 49.41 per cent between January and July, claim industry sources. They add that sales grew at the fastest pace in the last five years, including three years of consecutive decline between 2012 and 2014. Sales rose to 26,106 units[Read More…]
Tata Motors is applying CV export thrust to compensate for its declining domestic market share, claim industry sources. In the year ended March 2016, the company exported 50,000 CVs, they add. Looking to double exports in the next two years, Tata Motors, will employ a two-pronged strategy of consolidating presence in markets like Vietnam, which it entered three years ago,[Read More…]
The board of directors of Ashok Leyland unanimously approved the proposal to amalgamate Hinduja Foundries (HF) with their company. Both are Hinduja Group companies, and HF is into the business of grey iron castings and automotive components. The amalgamation is subject to various regulatory approvals and approval of shareholders of both the companies. A date of 01 October, 2016 has[Read More…]
India imports much of the fossil fuels that are consumed. Key nodal agencies are known to have recommended that methanol be given preference to achieve energy independence. Transport minister Nitin Gadkari is known to have expressed that petroleum imports must be eliminated. He is known to have expressed further that against India’s annual spend of Rs. 4.5 lakh crore on[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
SIAM Highlights India’s Biofuel Push at 2025 Conference 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
