PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Delta emerges as a major player in e-mobility sector worldwide

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

Mercedes-Benz R&D India gets Zinnov recognition for 2022

Mercedes-Benz Research and Development India (MBRDI) has been announced as a Great Place to Innovate at the 13th edition of Zinnov Awards 2022. These annual awards recognise, honour, and celebrate the tech titans of...

Hero Electric to set up 2nd manufacturing unit in Ludhiana, Punjab

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab.

Delta reaches 6,000 EV charger deployment milestone in India

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

MG Motor inaugurates 1st community EV charger in Jaipur

MG Motor India installed and inaugurated the first two residential community chargers in Raj Aangan Society (NRI Colony), Jaipur (Rajasthan). This is in line with the automaker’s plan to install more charging statio...

Volvo Group launches green castings for engines globally from India

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

Mitsubishi Electric to invest Rs 220 crore in new factory in India

Mitsubishi Electric Corporation has announced that it will invest approximately Rs 220 crore or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India.

Indian EV industry can leverage from Korea’s battery expertise

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

EVR Motors, Badve Group partner to manufacture electric motors for EVs

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

Advik Hi-Tech, Pure Hydrogen JV in India to produce hydrogen fuel

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Bhago Mobility Solutions acquires stake in Pastiche Energy Solutions

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Toyota Kirloskar clocks 2 million cumulative wholesales in India

Toyota Kirloskar Motor (TKM) has announced that the company has achieved a significant milestone of two million cumulative wholesale units, ever since its inception in India.

Hero Electric partners with Even Cargo, a women-only delivery platform

Hero Electric has partnered with Even Cargo, India’s first women-only delivery platform, for strengthening the last-mile delivery segment. The collaboration envisages women at the riding end to fasten the electric m...

Hero Electric, ElectricPe collaborate on charging infrastructure

With 2 million electric vehicles estimated to be plying the roads by 2026, building the charging infrastructure for EVs has become paramount. Addressing the infrastructure demand, Hero Electric, India’s No.1 electri...

iVoomi Energy aims to onboard 150 channel partners by April 2022 end

iVoomi Energy, an electric two-wheeler manufacturer, announced its plans to create a significant value chain in the EV ecosystem by expanding its channel partner network and creating opportunities for co-creation. W...

Yamaha Motor invests in Malbork, an EV service provider

Yamaha Motor Moto Business Service India (MBSI) announced its entry into the EV segment for 4 - wheeler asset management services by partnering with Malbork, a Bangalore based all electric sustainable energy powered...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

LML Electric ties up with Saera Electric, makers of Yogo bikes

LML Electric, a company owned and controlled by Yogesh Bhatia (the man behind Detel electric bikes) has announced a strategic partnership with New Delhi based Saera Electric Auto, a sister concern of Satra Group of ...

High speed e-two wheeler sales jump 425pc, grabs 61pc of E2W market

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

MG Motor India collaborates with Attero for EV battery recycling

MG Motor has entered into collaboration with Attero to recycle EV batteries in India. MG Motor India, in partnership with Attero, is on a mission to create a circular and sustainable EV economy in India. In doing so...

Hero Electric is most preferred Indian EV brand, says JMK research findings

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

Greaves Electric inaugurates Rs 700 crore plant in Ranipet, Tamil Nadu

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

 Tata Motors to raise $1 billion in passenger EV business from TPG Rise Climate

Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. ...

ePropelled unveils groundbreaking Electric Vehicle Motor System

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

TVS buys majority stake in personal e-mobility co. EGO Movement

TVS Motor Company has announced a partnership with Swiss technology company EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership...

Schaeffler showcases innovations in field of e-mobility

Automotive and industrial supplier Schaeffler has presented its vision of sustainable mobility in its “On Track to Sustainable Mobility” showcase at IAA Mobility 2021. Along with product innovations such as its 3-in...

Govt announces PLI Auto Scheme; Incentives worth Rs 26058 crore

The Government has approved a Production Linked Incentive (PLI) Scheme for the Indian auto industry and also the drone industry to enhance India’s manufacturing capabilities

Omega Seiki Mobility selects C4V to provide next-gen lithium-Ion batteries

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

At 15,56,777 units, auto sales increase by 34pc in July 2021: FADA

According to the latest retail data provided by the Federation of Automobile Dealers Associations (FADA), total vehicle retails for the month of July 2021 have increased by 34.12% on year on year basis. When compare...

Hyundai Motor India Inaugurates plush corporate headquarters in Gurugram

Hyundai Motor India has inaugurated its new state-of-the art corporate headquarters in Gurugram. Present at the inauguration were Chief Minister of Haryana Manohar Lal along with SS Kim, MD & CEO, Hyundai Motor Indi...

Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

Sterling Gtake bags Rs 60 crore order for high speed electric 2W application

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Varroc Engineering, Candera sign MoU on TFT instrument cluster tech

Varroc Engineering Limited (Varroc), a global Tier-1 auto component manufacturer, has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface...

CESL signs agreements for over 30,000 e-vehicles with Goa, Kerala

Convergence Energy Services Limited (CESL), a 100% subsidiary of Indian government owned Energy Efficiency Services Ltd (EESL) has forged key partnerships on World Environment Day in an effort to further the deploy...

Okinawa Autotech aims to clock Rs 465 crore revenue in FY 22

Okinawa Autotech, a leading electric vehicle (EV) manufacturer has announced a range of milestones achieved over the last financial year, as well as the roadmap for the ongoing financial year. The company clocked a...

Ola EV is new, fully electric vehicle only category, available across London

Ola, one of the world’s leading mobility companies, announced that it is launching a new electric vehicle category on its ride hailing platform, which will allow riders to specifically book rides in a fully electric...

Omega Seiki MoU with C4V to introduce solid state batteries in India

Omega Seiki Pvt. Ltd., part of Anglian Omega Group of companies, announced that it will be bringing advanced chemistry cells to India in association with New York based companyC4V.C4V plans to become the first lithi...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

Earth Energy EV to launch six new electric scooters and commercial vehicles

Earth Energy EV, an automotive startup has announced its plans to launch six new commercial and non-commercial vehicles commercially in the market this year. The company plans to introduce electric vehicles with 96%...

Ather Energy adds 16 new markets in country in phase 2 expansion

As part of phase 2 of expansion, Ather Energy, India’s first intelligent electric scooter manufacturer, announced the launch of the Ather 450X in 16 additional cities

ACMA Automechanika New Delhi to be held in April 2021

Finally there will be a physical meeting with the 2021 edition of ACMA Automechanika New Delhi show being organised in April 2021. This will be the first meeting point for “face-to-face networking” to revive trade d...

Tata Technologies, GKN Automotive join forces

Tata Technologies, a global engineering and product development digital services company, and GKN Automotive, a global leader in driveline systems and advanced ePowertrain technologies, announced the opening of an a...

Electric two-wheeler  sales up in Sept 2020 by 72%, says SMEV

The electric two-wheeler industry is showing signs of revival. According to the Society of Manufacturers of Electric Vehicles (SMEV), in September 2020, sales of High-Speed Electric two-wheelers (HS E2W) have increa...

Tata Motors, Bridgestone, Hyundai, Okinawa, Nissan, JK Tyre reopen plants

In this latest round of resumption of plant operations and other activities, Indian auto companies in the news include Tata Motors, Honda Cars India, Bridgestone India, Toyota Kirloskar Motor, Hero MotoCorp, Hyundai...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

Varroc showcases  roadmap for future of mobility

15th Edition of the Auto Expo-The Components Show 2020 by showcasing solutions for electric mobility, connected vehicles, and light weighting.

Varroc to manufacture EV Battery Management Systems for Danish company

Varroc Engineering Limited, a global Tier-1 auto component supplier, has entered an agreement to manufacture EV Battery Management System (BMS) in India for Lithium Balance, a Danish BMS solutions provider.

Varroc Lighting Systems, Ford, McDonald’s convert coffee bean skin into car parts

Varroc Engineering Ltd. (Varroc), a global tier-I auto component group, announced that its subsidiary Varroc Lighting Systems has partnered with Ford Motor Company and McDonald’s to convert coffee bean skin into car...

Auto Expo- The Motor Show 2020 begins Feb 7-11, 2020

Auto Expo, the biggest extravaganza and much-awaited event, a true representation of India’s automotive industry, is slated to kick-start the excitement of Auto Expo – The Motor Show2020 from February 7 to 11, 2020 ...

Volkswagen India gets rooftop solar PV power project in India at Chakan facility

Volkswagen India Pvt Ltd (SAVWIPL) has successfully installed its largest rooftop solar PV power project in the auto Industry world-wide and one of India’s largest rooftop installation at its manufacturing facility ...

Delta Electronics India introduces E-Mobility Tech Experience Centre

Delta Electronics India, a leading Power and Energy management company, has unveiled its state-of-the-art E-Mobility Tech Experience Centre aimed at strengthening electric vehicle charging infrastructure of the coun...

NuGen Mobility Summit-2019 begins at Manesar on Nov 27

More than 200 automobile as well as auto components companies will display their products, while there would be live test demonstrations, training sessions, panel discussion and test track demonstrations of vehicles...

Selfies, discussions for German Chancellor Dr. Angela Merkel at Continental office

It was not merely a selfie time with German Federal Chancellor Dr. Angela Merkel at Continental’s India facility in Gurugram. While the Chancellor did meet the staff of the company and take time out for some picture...

Maruti Suzuki BS6 compliant vehicles find wide acceptance

Maruti Suzuki India Limited announced that it has received enthusiastic response from its customers for the BS6 range of vehicles.TheBS6 models offered by the company currently constitute around 70% of the total pet...

Varroc to acquire 74% stake in CarIQ, a leading Telematics solution provider

Varroc Engineering Limited, a global Tier 1 auto component manufacturer, has agreed to acquire 74% stake in the Pune-based CarIQ Technologies, a leading integrated connected vehicle solution provider to OEMs, fleet ...

Steep hike in private ICE vehicle registration fees proposed

In order to boost the buying and use of electric vehicles in the personal passenger vehicle segment in future, the government is proposing a steep hike in the fees for issue and renewal of registration of private ve...

ICAT geared up to boost electric mobility through testing services

As India moves towards adopting complete electric mobility by 2030, the International Centre for Automotive Technology (ICAT), located in Manesar, in the northern automotive hub of India, have begun to offer testing...

TVS Motor Company launches 4 new products in Bangladesh

TVS Motor Company has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and...

Nippon Paint X’press car paint concept centre launched

In an industry first initiative, Nippon Paint, Asia’s leading paint manufacturer has announced the launch of Nippon Paint X’press, its unique car painting and car care centre concept in India. The first Nippon Paint...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

8th EV Expo 2018 concludes successfully with new launches

Electric vehicle manufacturers like Gonenka Electric Motors, Mahindra Electric, ETO Motors, Soni E-vehicle, Altius Technologies, Geekay E-Bicycles, HIM Technoforge, Thukral Electric Bikes, Champion Polyplast and o...

MG Motor India partners with Cisco, UNLIMIT for connected mobility in vehicles

MG Motor India announced its partnership with leading connectivity management platform Cisco IoT and UNLIMIT - a specialist IoT services provider, to develop connected mobility enabled vehicles.

Bosch India strengthens its smart solutions portfolio beyond mobility

Bosch, a leading supplier of technology and services, is boosting its beyond mobility business with smart solutions based on growing infrastructure and consumer demand.

 Tata Motors European Technical Centre demonstrates latest mobility technology

A three-year project into the trials of connected and autonomous vehicle technology has drawn to a close, with the Coventry-based, Tata Motors European Technical Centre (TMETC) revealing its commitment to shaping th...

Continental, TU Darmstadt develop machine-learning advanced driver assistance system

In the fourth stage of the Proreta research project, technology company Continental and TU Darmstadt have developed a machine-learning vehicle system designed to support drivers in urban traffic and have installed i...

Skoda Auto India inaugurates solar power gen project

Skoda Auto India inaugurated an advanced Solar Power Generation Project at its manufacturing facility in Aurangabad. The solar project has a capacity of 980 KW. This unique car port structure will cover 30 per cent ...

Mahindra Logistics introduces Electric Vehicles for employee commute in Kerala

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced Electric Vehicles (EV) to its fleet of employee transportation vehicles in Kerala. The vehicles are eVerito models of Mahindra ...

TVS Ntorq 125 launched in Sri Lanka for LKR 2,54,900

TVS Motor Company has launched its 125cc scooter, TVS NTORQ 125 in Sri Lanka at LKR 2,54,900 (ex-showroom Colombo) for the drum brake variant and LKR 2,65,900 (ex-showroom Colombo) for the disc brake variant. Armed ...

ABB showcases the Terra HP fast-charging system

For the first time in India, ABB showcased the Terra HP fast-charging system, which can power up a car for 200 km in just a single charge in just 8 minutes. It is ideally suited for highway rest stops and petrol sta...

Olectra K6 Luxe electric bus at BusWorld India 2018 - Olectra Greentech Ltd unveiled the Olectra K6 at the BusWorld India 2018

Olectra Greentech Ltd unveiled the Olectra K6 Luxe at the BusWorld India 2018 in Bengaluru. Weighing 9,555 kgs, this electric bus has a capacity for seating 22 people and a driver. The bus with Li-ion Iron Phosphate...

Olectra K9 electric bus at BusWorld India 2018 - Olectra Greentech Ltd unveiled the Olectra K9 electric bus at BusWorld India 2018

Olectra Greentech Ltd unveiled the Olectra K9 electric bus at BusWorld India 2018 in Bengaluru. Weighing 18,000 kgs, this electric bus has a capacity for seating 39 people and a driver. The bus with Li-ion Iron...

Tata Motors to ramp up Sanand facility; 100% capacity utilisation

To further meet growing demand for its new generation passenger vehicles, Tata Motors announced its ramp up plans for the Sanand plant. Operating at 100% capacity utilisation currently, the plant has so far rolled o...

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology...

Magenta Power sets up India’s first solar based charging station for EVs

Magenta Power, one of the leading service providers of renewable energy solutions in association with Exicom, has installed India’s first solar charging station (DC Fast Charge) for electric vehicles in Turbhe, Navi...

Tata Motors signs MoU with Maharashtra to promote e-mobility in State

As part of the World Environment Day celebrations, Tata Motors signed a Memorandum of Understanding (MoU) with the State Government of Maharashtra for deployment of 1000 Electric Vehicles (EV) across its range of p...

Synergies to set up largest alloy plant in Visakhapatnam, Andhra Pradesh

Synergies Castings Limited, India’s leading aluminium alloy wheel manufacturer announced the signing of an MoU with the Government of Andhra to establish a major greenfield aluminium casting and specialty alloy whee...

Mahindra Electric, Zoomcar collaborate to offer self-drive EVs on rent in Delhi

Mahindra Electric and Zoomcar, India’s leading shared mobility platform, have collaborated to offer 100 e2oPlus, Mahindra’s all-electric city smart car on the Zoomcar platform in Delhi. The vehicles were launched on...

Yamaha commissions 1100 KW solar power plant at Chennai facility

Yamaha Motor India Group has installed a 1100 KW roof top solar power plant at company’s manufacturing facility in Chennai. With this new installation, the total solar capacity of Yamaha’s Chennai plant has increase...

EESL to issue fresh tender for additional 10,000 electric cars

Minister of Power, New and Renewable Energy, R K Singh launched the National E-Mobility Programme in India. In line with the Government of India’s vision of 100% e-mobility by 2030, Energy Efficiency Services Ltd (...

Faurecia, Clean Air Asia partner for clean air solutions in Asia

Faurecia, a global leader in areas of automotive seating, interior systems and clean mobility has partnered with Clean Air Asia to explore effective technology solutions to improve air quality and enhance industry a...

Kinetic Green, Lamborghini family of Italy form joint venture

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

India’s first BS VI compliant vehicle- Mercedes-Benz S 350 d

Luxury car brand Mercedes-Benz achieved a historic milestone in the Indian automotive industry, by being the first automobile brand in India to launch the first ever BS VI compliant vehicles, ‘Made in India, for I...

Govt to implement Methanol 15 pc blending with petrol, says Gadkari

India is shortly going to implement Methanol 15% blending programme with petrol and the cost of petrol is expected to come down immediately by 10% and M100 programme for buses and trucks is also to be implemented sh...

Tata Motors delivers first batch of the Tigor Electric Vehicles to EESL

Tata Motors delivered the first set of Tigor Electric Vehicles (EVs) to state-run Energy Efficiency Services Limited (EESL) as part of their initiative to procure 10,000 electric vehicles. Guenter Butschek, CEO & MD...

Delphi Automotive, now named Aptiv,  completes spin-off of powertrain segment

Early December 2017, Delphi Automotive PLC completed the spin-off of its Powertrain segment into Delphi Technologies, a $4.5-billion independent entity. Meanwhile, Delphi Automotive, engaged in developing more conne...

Force Motors ties up with Rolls Royce Power Systems

Leading commercial vehicle and engine manufacturer and Abhay Firodia controlled Force Motors has entered into a non-binding term sheet with Rolls Royce Power System AG (R-RPS) to form an Indian joint venture company...

Interview with Rajeev Mishra, CEO, UM Lohia Two Wheelers Pvt Ltd

In a candid interview, Rajeev Mishra, CEO, UM Lohia Two Wheelers Pvt Ltd talks about his company's ambitious growth plans.

Interview with Ayush Lohia, CEO, Lohia Auto

Ayush Lohia, CEO, Lohia Auto in an interview with P.Tharyan, Editor, Motown India talks about his company's collaboration with UM International and how the two companies are planning to bring in new motorcycle model...

EXCLUSIVE: UM to bring 2 new products by 2018, exploring scooter segment

UM Lohia Two Wheelers, a 50:50 joint venture between UM International, a company based in the US and Ayush Lohia-controlled Lohia Auto, will be introducing at least two new products in India in the next one year. On...

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

E-Vehicles to increase power sector’s viability, says Feedback Consulting

Environmental experts in India have long been debating on the several positives that could emerge as a result of electric vehicles being encouraged on roads vis-a-vis the conventional IC run vehicles. But now for th...

Sona BLW expands its Hungary manufacturing facility

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 ...

Asahi India Glass to invest Rs.500 cr in Gujarat plant; Will cater to Maruti Suzuki

Asahi India Glass Limited (AIS) is investing in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Mar...

Experts welcome GST rates, but baffled on rates for hybrids, small cars

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

Uno Minda Group enters into Joint venture agreement with TTE of Taiwan

Minda Industries Limited, the flagship company of Uno Minda Group has joined hands with Tung Thih Electronic Co. Ltd. (“TTE”), to form a 50:50 joint venture in India. Tung Thih Electronic Co. Ltd. is a premier Taiw...

Suzuki, Toshiba, Denso to invest Rs 1185 crore in Li-ION battery plant in India

While Tesla, the US based electric car maker which has its own lithium ion battery plant, is still to decide its India entry despite an open invitation from Indian Prime Minister Narendra Modi, Japan’s Suzuki Motor...




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