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Electric Vehicles sales rev up despite roadblocks, 2W records 37% growth

For EV, CY23 recorded significant growth as the sales volume of EVs surpassed 1.5 million, a 50% increase compared to CY22. Total EV volume sold was recorded at 1.53 million in CY23 compared to 1.02 in CY22. Read more

GeM, AiMeD forge partnership for direct medical device sales to government

This agreement aims to enable AiMeD's members, comprising over 300 medical device manufacturers, to directly offer their products to the government through the GeM portal.Read more

Strong surge in Indian bus sales: Ashok Leyland, Tata Motors lead growth

From April to December 2023, Ashok Leyland reported a substantial 64% year-on-year surge in the sales of medium and heavy commercial vehicle buses, reaching a total of 11,216 units.Read more

ENGIMACH 2023: Adding vibrancy to manufacturing sector

Recognised as a Pre-Vibrant Gujarat Event, ENGIMACH 2023 showcased the latest developments and innovations in modern manufacturing technologies and automation essential to the success of Make in India mission. Read more

Tata Motors forecasts 30-40% growth in Indian EV Sales for 2024, unveils 3 New Models

Tata Motors is actively collaborating with CPOs to strategically place charging points along popular routes used by EV users.Read more

85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more

GTL is focusing on developing applications for zero-emission platforms: Pavan Chavali

Goldstone Technologies Ltd (GTL) specialises in full-stack business intelligence (BI), data analytics, and IT services consulting. GTL is helping Indian companies to comprehending and harnessing their data effectively in order to stride towards becoming a digital economy, says Pavan Chavali, Whole Time Director of the company in this interview with Ayushi Khandelwal. He also shares company’s plans on future technological adoption and business expansion.Read more

Indian Construction Equipment industry sales grow by 31% Y-o-Y, volumes doubles since FY 2014

Indian Construction Equipment Manufacturers Association (ICEMA) shares a quarterly sales report of Indian Construction Equipment industry which showed a growth momentum with increased domestic sales for 27,423 units while 2,655 units were exported.Read more

Siemens seeks 15% discount on Siemens shares from Siemens Energy

Siemens Energy is contemplating selling a significant portion of its 24% stake in Siemens Ltd to enhance liquidity, a move that has the preliminary approval of both companies.Read more

Indian Construction Equipment Industry sales for Q2 FY24 record 31% YoY growth

Total equipment sales in Q2 24 increased to 30,078 units, against 22,941 units sold in Q2 of FY 2022-23. Of these, domestic sales accounted for 27,423 units while 2,655 units were exported.Read more

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