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News

SIAM Hosts 18th Styling & Design Conclave alongside 16th Automotive Design Challenge

SIAM Hosts 18th Styling & Design Conclave alongside 16th Automotive Design Challenge

The Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised the 18th SIAM Styling and Design Conclave alongside the 16th Automotive Design Challenge (ADC) on 22nd March 2024 at Hotel Ramada Plaza by Wyndham, Varanasi, Uttar Pradesh. The theme of the conclave was “Designing for Aspiring India”, focusing on the future of vehicle styling and design in India. The event brought together several experienced automobile[Read More…]

by — April 2, 2024 — News
(L-R) Pradeep Kumar Thimmaiyan, President and CTO, Daimler India Commercial Vehicles, Satyakam Arya – Managing Director and CEO and Sreeram Venkateswaran, President and Chief Business Officer (domestic sales and customer service)

DICV Achieves Highest Sales in CY23, Expects MY24 BharatBenz Trucks to Fuel Growth in 2024

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced that in CY2023 it has achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39% and revenue grew by 21% over 2022. DICV’s bus volumes doubled in CY2023, growing 107% over 2022. Its cumulative sales (including domestic and[Read More…]

by — March 26, 2024 — News
Quick Delivery Companies Make Waves with Colorful Sales

Quick Delivery Companies Make Waves with Colorful Sales

This Holi, Zomato’s Blinkit and Swiggy’s Instamart saw a remarkable surge in business as Indians turned to quick commerce platforms for their festive needs, including colours, water guns, and flowers. Blinkit’s founder, Albinder Dhindsa, revealed that they hit record-high orders and OPM, showcasing heightened activity on the platform. Instamart reported a fivefold increase in flower sales compared to last year,[Read More…]

by — March 26, 2024 — News
TCPL Inaugurates New Facility to Manufacture H2ICE Engine for Commercial Vehicles

TCPL Inaugurates New Facility to Manufacture H2ICE Engine for Commercial Vehicles

TCPL GES, a wholly owned subsidiary of Tata Cummins Private Limited (TCPL), a 50:50 joint venture of Tata Motors Limited and Cummins Inc. USA, inaugurated a new state-of-the-art manufacturing facility to produce hydrogen-based Internal Combustion Engines for Medium and Heavy Commercial Vehicles and other low to zero emission technology products in India. The inauguration of this facility reaffirms its commitment[Read More…]

by — March 22, 2024 — News
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