DEG – Deutsche Investitions- und Entwicklungsgesellschaft will provide JK Tyre & Industries Ltd (JKTIL), a member of the JK Organisation, with a long-term loan of EUR 30 million. The funds will be invested in the sustainable expansion of production capacities at the company’s site in the Indian state of Madhya Pradesh. Joachim Schumacher, member of the DEG Management Board, commented:[Read More…]
Schwing Stetter India, a leading manufacturer of concrete construction equipment in India, announced a 20% revenue growth target for 2025 during its participation in bauma CONEXPO 2024 in New Delhi. The company showcased 45+ advanced machines, including 25% new products – launched crushers (under the material handling category) and upgraded models across construction equipment, concreting, and batching plants at Hall[Read More…]
SWITCH Mobility Ltd, a subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles unveiled its contemporary electric bus platform SWITCH EiV12 – the low-floor electric city bus for the Indian market. It is India’s First Low-Floor City Bus with Chassis-mounted batteries, featuring a scalable battery capacity of over[Read More…]
Mahindra Enhances Construction Equipment Lineup with New-Gen Machines and Customer-Centric Services Mahindra Construction Equipment (MCE), a division of the Mahindra Group, has unveiled its cutting-edge CEV5 range of construction equipment at the BAUMA CONEXPO 2024. The new lineup includes upgraded versions of the EarthMaster Backhoe Loader and RoadMaster Motor Grader, both featuring more powerful engines compliant with CEV5 emission standards.[Read More…]
Pace Setter ZF Drives Forward Change with Innovative and Flexibile Implementation 
SIAM Deliberates on Policy Reforms for Automotive Taxation 
Refurbishing Industry Is Bouncing Back 
Decarbonisation and Digitalisation 
