Dr. Lakshmi Venu has taken over as the Managing Director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturer at the board meeting held on May 6, 2022. Dr.Venu was the Joint Managin...
The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...
The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...
For the financial year 2020-21, the total vehicle registrations in the country were down by (-) 30%. This figure is incidentally even below the fiscal 2012-13 level, thus making it the lowest in the last eight years...
Barring very few tractor makers in the country, the remaining manufacturers recorded positive domestic sales for the month of January 2021 as compared to January 2020.
The Federation of Automobile Dealers Associations (FADA) released the monthly vehicle registration data for the month of December 2020. The December registrations for the first time in FY20-21 witnessed positive gro...
A year after disposing of the Sona Group’s entire equity holding of around 25.12 per cent in its then flagship company Sono Koyo Steering Systems for around Rs 419 crore to its Japanese partner JTEKT Corp., the refr...
Sona BLW Precision Forgings Limited (SBPFL), part of the USD 500-million Sona Group, is augmenting its operations in Hungary. Besides this facility in Hungary, Sona BLW is present across two more locations globally ...
‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...
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...
Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...
Karnataka is India’s eighth largest State in terms of area and 9th largest State in terms of population. Some of the prominent cities in the state are Bengaluru, Mysore, Mangalore, Belgaum, Gulbarga, Hubli-Dharwad,...
Luman Automotive Systems, manufacturers of automotive lighting and electrical components as well as engine induction air filtration systems, has entered into a joint venture agreement with Hengst SE & Co.KG, a leadi...
For Hoshiarpur-based Sonalika Group, a debt-free and cash surplus (Rs 1000 crore plus) company, controlled by the LD Mittal family of Punjab, there is a reason to smile and reasons to frown. The group’s tractor busi...
Credit rating agency ICRA has predicted that the sales in the Indian tractor industry are likely to abate in the current fiscal (FY15). It says that untimely rains in some parts of the country during the months of F...
Meritor Inc. has introduced two new rear tandem axle ratios to meet the commercial vehicle industry’s demands for increased fuel efficiency. Meritor’s 14X tandem drive axles with a 2.79 ratio will be available for p...
Ms. Mallika Srinivasan, Chairman & CEO of TAFE Group was conferred the Padma Shri by the Government of India for her contribution to Trade & Industry. Ms. Srinivasan received the award from President Pranab Mukherj...
Leading Indian tractor manufacturer Tractors and Farm Equipment Limited (TAFE) group bagged 10 awards at the PRCI – 8th Global Communication Conclave held at Mumbai on February 14 and 15, 2014. The Public Relations ...
The Chairperson of the Chennai-based Tractors and Farm Equipment limited (TAFE) Ms Mallika Srinivasan has been chosen for the Padma Shri award by the Government of India. Mallika is the wife of Venu Srinivasan, who ...
Whether it is Tafe or Mahindra or any other company, what we are really trying to uncover is the unspoken nature of the farmer where they may have a small acreage. And they will do what we call as ‘very low tillage’...
PMP Auto Components commences production at Satara
There is no end to fancy accessories for your car, be it for the interiors or the exterior. Can you imagine, you can also change your car key to a real fancy one? Keydroid India, the pioneering brand ...
Axalta Coating Systems, a leading global coatings company, announced its 2024 Global Automotive Colour of the Year – Starry Night. The latest edition marks the 10th year Axalta has introduced its auto...
Greencore Electronics, a trailblazer in advanced automotive solutions, has unveiled a car vacuum cleaner and puncture repair kit which are fully made in India.