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Amitabh Kant: Need to mobilise capital and finance for EV infrastructure
With a view to address these challenges, NITI Aayog and RMI have identified a toolkit of 10 solutions that financial institutions such as banks and non-banking financial companies (NBFCs), as well as the industry and government can adopt in catalysing the required capital.Read more
Ola races to build the world’s largest 2 wheeler mega factory
OLA has completed land acquisition in January this year. An estimated more than 10 million man-hours have been planned to bring the factory up in record time. Read more
Bharat Forge and Paramount Group to manufacture armoured vehicles in India
Both the companies signed an agreement during the International Defence Expo (IDEX 2021), Abu Dhabi.Read more
Budget 2021's focus on economic revival to increase demand for automobiles
While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more
Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India
With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.Read more
igus presents new IAA utility vehicle products in a live show
igus experts will show how motion plastics can reduce costs and improve technical performance in the automotive area.Read more
Tata Tech, GKN Automotive set up engineering center in Bangalore for E-mobility
The centre will leverage Tata Technologies’ expertise in electric and embedded systems as well as its ability to attract India’s software engineering talent to work on GKN Automotive’s next-generation e-Drive technologies, reshaping the future of sustainable e-mobilityRead more
How will mobile connectivity impact manufacturing?
Industry 4.0 is changing the face of manufacturing. As the world gets ready to switch to 5G technology, wireless connectivity will make it even more promising. Though they may seem insignificant on the surface, mobile networks have potential to revolutionise manufacturing, says Megan Ray Nichols.Read more
MORTH defers new CEV emission norms to April 2021
The deferment for six months will definitely give some relief to these equipment manufacturers in preparing for the new emission regime.Read more
COVID triggers mechanisation of warehouses
India's warehousing sector received institutional investment commitments of $6.5 billion after the GST implementation.Read more