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Schaeffler to lay off 4,700 jobs amid challenges in Europe’s auto sector

Overall, the job cuts will affect around 3.1% of Schaeffler's workforce of 120,000, which increased after its merger with electric powertrain specialist Vitesco.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Indian drone industry is witnessing rapid expansion: Rama Krishna

In this exclusive interview with Rakesh Rao, Rama Krishna, Co-founder & CEO, EndureAir Systems, elaborates on the evolution of drone technology in India and their utilities in modern-day warfare and other applicationsRead more

Tata Motors starts LNG-powered truck delivery to Clean Green Fuel and Logistics

A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd.Read more

Tata Motors to supply 1000 bus chassis to UP State Road Transport Corporation

This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC.Read more

Atul Greentech and Jio Platforms partner to drive innovation in EVs

This collaboration leverages Jio's advanced IoT mobility technology, integrating cutting-edge hardware, software, and connectivity to provide real-time telematics data and high reliability for users.Read more

Ashok Leyland and Billion E-Mobility flag off AVTR 55T Electric & BOSS Electric

The vehicles are equipped with Advanced Driver Assist Systems (ADAS) for enhanced safety. The vehicles also feature simultaneous dual-gun charging for faster recharging and are equipped with the widely used Common Charging Standard 2 (CCS2).Read more

Suzuki partners with SkyDrive to develop autonomous flying car

Designed to take off and land on building rooftops, the Skycar is equipped with autonomous features, making it ideal for urban air mobility. Read more

Tata Motors holds groundbreaking ceremony of new vehicle manufacturing facility

The greenfield plant will use 100% renewable power to produce next-gen vehicles for Indian and global markets and is expected to create over 5,000 employment opportunities with significant skill-building in the local community.Read more

Kinetic Green appoints Manav Mehra as senior executive VP of 2-wheeler SBU

His focus will be on expanding the dealer network, boosting market penetration, towards service and sales excellence, and strengthening brand presence across the country.Read more

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