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…]
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…]
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…]
At its most recent regular meeting, the Supervisory Board of ZF Friedrichshafen AG appointed Dr. Peter Holdmann, 54, to the Board of Management of the technology group effective May 1 of this year. Dr. Martin Fischer, who is reorienting himself professionally, does not wish to have his contract extended from November 2024. “I look back with pride on a very[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 
