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JK TYRE secures Best-In-Class ESG Grading for second consecutive year
With an overall ESG score of 78 out of 100, JK Tyre has been regarded as the best among peers.Read more
Maruti Suzuki targets record exports and expands electric portfolio
Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more
Schaeffler launches first-of-its-kind REPXPERT, technical training van
The company aims to upskill technicians and mechanics, keeping them abreast of the latest technologies and best practices with this initiative.Read more
Siemens plans major urban transport hub in India following Indian Railways contract
This strategic move is fuelled by Siemens' recent milestone contract with Indian Railways, valued at Rs 26,000 crore (approximately $3 billion).Read more
ALP Overseas acquires SoffSeal International Inc
The company boasts an extensive range of weatherstripping products tailored for Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, GMC, Mopar, and Ford vehicles spanning from the 1920s to the early 2000s.Read more
What does the global competitive landscape look like for mobile geared products?
Affected by the stagnant off-highway vehicle market in China, the global market for geared products used in mobile applications was estimated to grow marginally by 0.6% to $11.2 billion in 2022.Read more
Indian Auto retail surges: Record sales propel optimism despite inventory concerns
Indian automobile retail sales in September showed a 20% increase compared to the same period last year, reaching a total of 1.89 million units.Read more
Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore
The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more
Indian Mobile Phone exports soar, nearing $5.5 billion in 2023
During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more
LOHUM, Log9 join forces for circular battery economy
This collaboration is geared towards ensuring transparency and accountability regarding the residual value of lithium-ion batteries.Read more
