Electric Vehicles penetration in India will reach 50pc by FY33: Axis Capital

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Piaggio wins patent infringement suits against Mahindra owned Peugeot Motocycles

The Piaggio group has won the first-instance European patent infringement suits against Peugeot Motocycles in Paris and Milan. Peugeot Motocycles is a 100 per cent subsidiary of Mahindra Two Wheelers, which in turn ...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

M&M step us equity stake in Meru Travel Solutions to 100pc

As part of its growth strategy in the shared mobility space, Mahindra and Mahindra Ltd. (M&M) announced that it has entered into definitive agreements with shareholders of Meru Travel Solutions Private Limited (Meru...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

First Kia Seltos rolls out of Anantapur plant

Kia Motors India has rolled out the production version of its first car for India, the Seltos, manufactured at its state-of-the-art facility in Anantapur, Andhra Pradesh. The first Kia Seltos was rolled off the asse...

Mahindra & Mahindra invests Rs 1000 crore + to ready BS VI engines

The good news is that Mahindra & Mahindra is ready with its BS VI engines across its entire diesel and gasoline portfolio. The entire transition will be costing the company upwards of Rs 1000 crore. With its portf...

Hyundai Motor India Plant is ready for new Santro, EV vehicles

Hyundai Motor India plant in Sriperumbudur in Tamil Nadu is bustling with frenzied activity. They are getting ready to manufacture the new Santro family car. The new Santro would soon be launched in the country. Cod...

JBM Group denies recovery of Rs 7 crore cash and gold in I-T raids

Immediately after a news agency reported that Income Tax officials had raided the premises of SK Arya controlled US $ 1.2 billion JBM Group (Jai Bharat Maruti) and had recovered around Rs 7 crore cash and three kilo...

Honda’s Tapukara plant begins to pay rich dividends

Honda Cars India’s “Make in India” initiative is beginning to pay rich dividends not only in its car business but also in its car parts business. A visit to one of its plants in Rajasthan clearly indicated that the ...

Interview with Vikram Pawah, Managing Director, Harley-Davidson India

Interview with Vikram Pawah, Managing Director, Harley-Davidson India

INDIAN TYRE INDUSTRY: The fatal Chinese bite

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Interview with Mansi Madan Tripathy,Chief Marketing Officer, Lubricants, Shell India Markets Pvt Ltd

When the consumer is walking in here we are trying to provide him the entire experience, they get their RFIDs, take selfies, they can do their power, do a dyno test where they can actually test the power of their bi...

Interview with YK Taneja & S M Hussain, President & Vice President, JSK Bearings Company (P) Ltd

In bearings the technology that we follow is of SKF and NBC. All these bearings are made from bearings steel SAE 52100. We use the same balls and rollers which the other big bearings manufacturers of the country are...

GEM forays into electric 2-wheeler market at E.V. Expo 2015

Goenka Electric Motor Vehicles Pvt. Ltd (GEM) a leading player in e-rickshaws, has forayed into the 2-wheeler market. The company launched environment friendly electronic motor bike e-storm and e-champ at the EV Exp...

OK Play launches iCAT approved ‘E-Raaja’

OK Play India has launched the E-Raaja, India’s 1st 100pc indigenously designed and developed green e-rickshaw at EV Expo. OK Play India Ltd, a BSE listed company, is a leader in the field of Roto-Moulding technolo...

No sale of new diesel vehicles with 2000cc plus engines till March 31: SC

Unmindful of the repercussions that it could have on the investment climate of the country, the Supreme Court on December 16, 2015 has put a blanket ban on sale of all diesel vehicles in Delhi that have an engine ca...

Isuzu Engineering Business Centre India formed for R&D and sourcing

Keeping in line with the business plans of the company, Isuzu Motors Limited, Japan, has incorporated a new company – Isuzu Engineering Business Centre India Private Limited (IEBCI) in India that will be responsible...

Bridgestone India launches fuel efficient tyres Ecopia

Bridgestone India launched the new Ecopia EP150 and EP850 tyres on October 7, 2015. The company claims that Ecopia tyres are more fuel efficient than conventional tyres, the EP150 provides 7 pc better fuel efficienc...

BMW Financial Services invests Rs 110 crore additional in India

The BMW Group has increased its investment in BMW Financial Services India to Rs 640 crore(€ 98 million) in 2015 from Rs 530 crore (€ 80 million) in 2012. BMW Group launched BMW Financial Services India on October 5...

JK Tyre acquires Haridwar tyre unit of Kesoram Industries for Rs 2200 crore

JK Tyre & Industries has finally confirmed that it is buying Cavendish Industries Ltd (CIL) tyre unit of Kesoram Industries. In a press release, the company stated that JK Tyre & Industries Limited (JK Tyre) and JK...

AVTEC LTD: On a Hi-Tech Journey

Avtec Ltd, among the several brilliant companies of the CK Birla Group, has got several formulas ready for engineering a massive growth in the near future. But the common ingredient that will make all these formulas...

BHARAT FORGE LTD: Forging a Make in India Global Plan

For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...

SPECIAL REPORT ON INDIAN TYRE INDUSTRY: An Un-Tyre-ing Journey

The Rs 50,000 crore Indian tyre industry today has a few reasons to smile and a few reasons to frown. On the one hand, after a lull in the industry while the demand for tyres in 2015-16 is seeing a growth coupled wi...

Interview with Rajiv Budhraja, Director General, Automotive Tyre Manufacturers’ Association

ATMA stands for Automotive Tyre Manufacturers’ Association. We are an industry body of the companies which make automotive tyres in India. We have been there since 1975. It’s almost forty years now. It’s an indust...

Interview with Vimal Sumbly, Managing Director, Triumph Motorcycles India

Triumph Motorcycles India, a subsidiary of UK based Triumph Motorcycles has every reason to be excited about its debut in India. For a superbike manufacturer, selling 1326 units in fiscal 2014-15 has come as a pleas...

Interview with Roy Kurian, Vice President-Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd.

Japanese motorcycle major Yamaha has more than three decades of India presence. It made its initial foray into India in 1985 through the Nandas controlled Escorts group. But its real journey began in August 2001 whe...

BMW in kitty, Force Motors to set up new engine plant for Mercedes-Benz

Force Motors has now confirmed to Motown India that this new facility which is being built in Chakan is a “dedicated facility for Mercedes Benz India Ltd”. A spokesperson for the company informed that the company wi...

Finally, the government gives a Green Push to electric vehicles

The government has formally launched a scheme that provides direct subsidies to the consumer for buying such vehicles ranging from Rs 1800 to Rs 29,000 for two wheelers and Rs 13,000 to Rs 1.38 lakh for cars. A c...

Nano from Zoomcar will cost you Rs 19 per hour

It cannot get any more cheaper and affordable, because it now costs only Rs 19 to hire a car for an hour. And you can hire for an hour, for a day or for a week, and the bill would be very low. Zoomcar, India’s first...

Interview with Guillaume Sicard, President, Nissan India Operations

With Nissan completing 10 successful years in India we had a lot of questions for Nissan India’s recently appointed President Guillaume Sicard. We asked him about the progress of the Datsun brand in the country, the...

Honda 2Wheelers plans 6.4 million capacity by 2016

Honda Motorcycle & Scooter India Pvt. Ltd., the 100pc subsidiary of Honda Motor Company, Japan has announced that it will expand the annual production capacity of its 3rd two-wheeler production plant located at Nars...

Apollo Tyres and Manchester United score together

Footballers can now play at the Manchester United club on a tarmac made of recycled rubber from old tyre. Manchester Union partner Apollo Tyres, India’s leading tyre manufacturer, is using 100pc recycled rubber from...

Interview with Prasan Firodia, Managing Director, Force Motors

As we announced in July this year, we will launch the Gurkha next month in September 2014. Therefore we thought of the RFC in August. If we win the RFC there will be nothing like it. We have in the meantime learned ...

Yokohama India mud -terrain off-roading tyres.

Japan-based tyre maker Yokohama India has introduced “Mud –Terrain (M/T+)” tyres in the “Geolandar” series. These tyres have been specifically designed for serious off-roading. Technically speaking, these Geolandar ...

Interview with N. Raja, Senior Vice President & Director, Marketing & Sales Division, Toyota Kirloskar Motor Private Ltd.

Interview with N. Raja, Senior Vice President & Director, Marketing & Sales Division, Toyota Kirloskar Motor Private Ltd.

Interview with Sri Krishnan, Vice President, Robert Bosch Engineering and Business Solutions Ltd.

Interview with Sri Krishnan, Vice President, Robert Bosch Engineering and Business Solutions Ltd.

Hella to showcase products at the UK mining show.

At Hillhead mining show to be held from June 24 to 26, 2014 in England, lighting major Hella will be showcasing some latest lights for the sector that would include work lights, beacons and accessories for mining ve...

Interview with Anil Singh, Head of Manufacturing & Sourcing, AMW Motors Ltd

We have taken initiative into cost reduction through waste elimination, productivity improvement and optimum utilisation of resources. We have made a work culture where Kaizen, TPM and reduce cost of quality is the ...

New Yokohama plant to manufacture Earth-1 Tyres

Yokohama India Pvt. Ltd, a 100pc subsidiary of Japan based Yokohama Rubber Co. Ltd that came into India in 2007, inaugurated its first tyre manufacturing unit at HSIIDC Bahadurgarh in Haryana in North India. The pla...

Car, bike, CV makers cut prices across range

Barely a few days after Finance Minister P Chidambaram announced an excise duty reduction in the Interim Budget 2014, vehicles makers across the country have announced price cuts of their model range. In the Interim...

NGK Spark Plugs launches a new spark plug MR7C-9N

NGK Spark Plugs, the global leader and spark plug expert has launched MR7C-9N, the latest in its range of spark plugs at the Auto Expo Components Show 2014. The new NGK-MR7C-9N uses a special metal alloy to enhance ...

Suzuki 100pc subsidiary takes Modi-land unit

Maruti Suzuki’s plans to acquire land and do business in Gujarat has taken a slight twist with the board deciding that the expansion in Modi-land will be done by a 100pc subsidiary of Suzuki Motor Corporation of Jap...

Scania inaugurates manufacturing facility in India

Scania Commercial Vehicles India (SCVI) announced plans to manufacture about 2,500 heavy haulage tru

Interview with Subu Nagasubramony, Managing Director, Visteon India Operations

Every year the quality level steps up a notch in every program. For us it is not much of a challenge because being a global player we have already designed to those levels. Even if sometimes an OEM does not ask for ...

Interview with Mudit Gupta, Head-Automotive, North and South OEMs, CHEP India Pvt. Ltd.

From an environment perspective, many of the OEMs are sourcing their components through one-way packaging i.e. by wooden or corrugated boxes. Owing to its one-time use, there is wastage of sorts in the supply chain....

Interview with Rishikesh Sahay, CEO, Rai Automotive Systems

Our sales have definitely been impacted because of the downturn in the economy. Everything boils down to the sales of the cars. If the car sales drop, then the workshop owners will be deferring any capital-intensive...

Uno Minda takes over Spain’s Clarton Horn

Uno Minda, N K Minda Group, has acquired 100pc shares of Clarton Horn S.A.U., Spain from PMAn Domest

Interview with Nitin Prasad, Managing Director, Shell Lubricants India

Our association with Ferrari is over 60 years old. And there are a number of benefits that we derive out of it. Formula One is all about raw speed, power, engine performance, etc. It is not only the question of heat...

Renault, Caterham decide to join forces

Renault and Caterham Group have announced their decision to join forces in pursuit of a common proje

Honda inaugurates new technical centre at Manesar

Honda Motorcycle & Scooter India Pvt. Ltd. has inaugurated its new technical centre at Manesar produ

Interview with Yadvinder Singh Guleria, Vice President, Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI)

A two-wheeler is a ‘product of need’ rather than a ‘desire’ for the common man. There is lot to be done to improve the state of public transport infrastructure & as a basic necessity to commute from point A to poin...

Interview with Sunil Gupta, CEO, Avis India

We are very happy with the way the car rental business has shaped up. This is because as the market is evolving, our clients are feeling the need to have high-quality organised sector players who offer a very high s...

Interview with Jun Nakata, Director - Sales and Marketing, India Yamaha Motor Pvt. Ltd.

We are under process to expand our capacity at the Surajpur factory. Finally, we can produce 1 million units per annum in two shifts. For this fiscal, we are targeting 6.5 million units in sales, out of which 4.5 mi...

BMW Financial Services hikes investment in India

The BMW Group has increased its investment in BMW Financial Services India to 5.3 billion Indian Rup

Dan DeChristopher is MD & CEO, BMW Financial

Dan DeChristopher (53) has been appointed as the new Managing Director and Chief Executive Officer o

Dan DeChristopher is MD & CEO, BMW Financial

Dan DeChristopher (53) has been appointed as the new Managing Director and Chief Executive Officer o

Apollo Fleet of the Year Awards

At the recently instituted Apollo Fleet of the Year awards ceremony, Satish Sharma, Chief, India Ope

Interview with S. Sandilya, Chairman, Eicher Motors Ltd. & President, SIAM

We normally look at it from the perspective of task and finishing. But my take on that it is a continuous journey. There is no end to any organisation’s growth. It’s a continuous journey and if you look at it from E...

Mercurio Pallia Logistic  to start trailer unit

Mercurio Pallia Logisitcs Pvt Lts, a joint venture company between Gruppo Mercurio SPA of Italy and

Interview with Marc Nassif, Country Managing Director, Renault India Pvt. Ltd

The connect between Renault and Formula One is very strong. We are supplying engines to three teams this year. This year too we hope to be world champions.

Suzuki Motor Corp divorces Volkswagen AG

Suzuki Motor Corporation has announced that its board of directors has officially determined the

Daimler Financial Services launched in India

Daimler AG has announced the official launch of its financial services unit in India.

PSA Peugeot Citroen still to handpick site

PSA Peugeot Citroen has still to officially declare where it intends to set up a plant in India




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