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Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor
The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more
Talbros Automotive secures Rs 580 cr new business, including major EV order
A notable portion of this new business, valued at Rs 270 crore or 46% of the total, is related to electric vehicles (EVs) and comes from a prominent export original equipment manufacturer (OEM).Read more
Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program
The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more
Maharashtra approves export incentive policy to drive investment, achieve export targets
The policy's goals include doubling the state's current export value from $72 billion to $150 billion and initiating 30 export infrastructure projects over the next five years.Read more
India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives
Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more
Q4 can see fiscal incentives under PLI for white goods: DPIIT Secretary
The production linked incentive (PLI) scheme on white goods seeks to encourage domestic manufacturing of air conditioners and LED light components.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Middle East conflict: India Inc not in the crosshairs for now
Some sectors such as fertilisers and diamonds — both cut and polished — may see a slight, but manageable, impact, while for most others impact will be insignificant.Read more
BorgWarner Increases Power Electronics Business with European OEM
By combining the inverter and converter elements, the compact CIDD can manage both a vehicle's electric drive and its accessory systems.Read more
RFID scanners can track empty cargo wagons, increasing efficiency
In this interview with Rakesh Rao, Rajnish Gupta, VP and Head for India and Sub-Continent business, Zebra Technologies Asia Pacific, explains how RFID technology can help in wagon tracking and enhance overall operations.Read more