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Jitendra New EV appoints Sachin Shende as National Head of Sales & Marketing
Established in 2016 under the Shah group, Jitendra New EV Tech Pvt. Ltd is a foray into the future of transportation. The Shah Group is a diversified conglomerate that operates across real estate, automotive, retailing, software, and manufacturing and is headed by Jitendra Shah, a first-generation entrepreneur. Read more
JK Tyre & EKA Mobility to provide electric mobility solutions
Beginning with the currently deployed fleet in Mumbai, the company will offer comprehensive support to EKA's fleet across all cities.Read more
Wardwizard gets order from BIDC to introduce EVs in public transport
Wardwizard Innovations & Mobility Ltd. (WIML), a prominent manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands in India.Read more
EVs at Automechanika moving towards zero-carbon transportation
They include manufacturers from China like BYD, SMART, the GEELY Group, AVATR, JIYUE, SERES, Chang An, HONGQI, GAC International and many more. Read more
Brakes India & ADVICS sign joint venture for advanced braking in India
The 2 companies leverage a long history of collaboration of more than two decades to jointly serve the Indian light vehicle customers. Read more
Aegeus Technologies raises undisclosed amount from Caspian Debt
Aegeus Technologies has raised venture debt for its working capital and expansion requirements.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
Mahindra Auto reports a 17% growth in May 2024
The Mahindra Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume; a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.Read more
US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad
This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.Read more
Nonconventional routes to MSME financing
Despite playing a vital role in the economy, micro, small and medium enterprises (MSMEs) often struggle to access affordable financing necessary for their growth. In this article, Rakesh Rao explores some non-traditional routes to ease funding pressure on MSMEs.Read more