Harley riders support cause of H-D dealers over closure in India

Harley Owners Group (HOG) conducted nation-wide dark rides and rallies to support the cause of several Harley Davidson dealers who they feel have been hit hard because of the US company’s decision to close shop here...

By 2030, 4W passenger vehicles, buses will see least e-adoption at 12-15 per cent

In another decade or so, by 2030, while buses and 4-wheeled passenger vehicles will have the least level of electric adoption, it will be two and three wheelers that will see a large adoption of electric vehicles. T...

Harley- Davidson begins new journey in India with Hero MotoCorp

A month after US motorcycle major Harley-Davidson announced its decision to shut its manufacturing unit in India, comes the news that Harley-Davidson and India’s leading motorcycle and scooter manufacturer Hero Moto...

BorgWarner completes acquisition of Delphi Technologies

BorgWarner Inc has announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics pr...

Tata Motors rolls out 1000th Nexon EV

Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune.

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

 Vikram Pawah to head BMW Group in India as well as in Australia

Vikram Pawah has been appointed as the President of BMW Group India effective August 1, 2020 along with his present role as Chief Executive Officer of BMW Group Australia and New Zealand.

GWM, Maharashtra govt sign MoU; Commits US $ 1 billion investment in India

Great Wall Motor (GWM), a global SUV manufacturer based in China has signed an MOU with the Maharashtra government to set up a state-of-the-art automotive manufacturing facility in Talegaon, committing an investment...

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...

BMW, Mercedes-Benz, TVS, Royal Enfield, VECV, others resume production

Indian auto companies that were forced to shut their plants in the wake of the lockdown that followed the precautions against covid-19 pandemic have now started their local production at their respective plants acro...

Polaris India appoints Lalit Sharma as new Country Manager; Pankaj Dubey moves on

Pankaj Dubey, who was at the helm of affairs of Polaris India Pvt. Ltd, a wholly-owned subsidiary of Polaris Inc., since its inception for around 10 years, has moved on to pursue other career opportunities. In his p...

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...

Toyota Kirloskar sells 8022 units in March 2020

Having successfully liquidated all its BS4 stocks even at the dealership level, TKM sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020. To lessen the burden on its deal...

M&M sells 3384 passenger vehicle units in March 2020, slump of 88pc

Mahindra & Mahindra Ltd. (M&M Ltd.) sold a total of 3384 units of passenger vehicles in March 2020 (domestic as well as exports) as compared to 27,646 units in the corresponding period last year. This meant, the co...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Hero Motocorp halts operations at all manufacturing plants globally, including India

Hero MotoCorp has decided to halt operations at all its global manufacturing facilities – including in India, Colombia and Bangladesh - and the Global Parts Centre (GPC) at Neemrana with immediate effect until March...

Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Renault India commences exports of Triber MPV to South Africa

Renault India has commenced exports of Renault Triber MPV to South Africa. Renault Triber MPV accommodates seven adults in less than 4 meters. Renault Triber also offers 625L boot space - the largest boot capacity o...

JLR acquires all-terrain performance specialist Bowler in UK

Jaguar Land Rover, a Tata Motors owned company, has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles.

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

FADA issues legal notice to UM Lohia, management for dealers’ losses

The Federation of Automobile Dealers Association (FADA) has through its counsel Khaitan & Co, issued a legal notice to UM Lohia and its management, asking them to redress all grievances of dealers relating to the lo...

GoMechanic inks services, maintenance partnership with Revolt Motors

GoMechanic, a network of technology-enabled car service centres announced a services and maintenance partnership with Revolt Motors, makers of India's first AI-enabled electric motorcycle. The partnership is part of...

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...

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...

MG Motor India commences commercial production of Hector from Gujarat

MG (Morris Garages) Motor India, part of the mammoth China based SAIC Group, rolled out the first production version of Hector from its state-of-the-art facility at Halol in Gujarat. Hector, MG’s first car in India,...

SIAM, CCI, ACMA organise workshop on competition issues in auto industry

Society of Indian Automobile Manufacturers (SIAM) in association with the Competition Commission of India (CCI) and Automotive Component Manufacturers Association of India (ACMA), organised a workshop on competition...

Volkswagen concludes fifth season of skill development programme – Sarvottam

Volkswagen India concluded its Fifth Season of ‘Sarvottam: Hunt for Champions’, an annual skill development programme. Started in 2012-2013 as RQWC-Retail Qualification World Championship, the programme aims to furt...

Yamaha NTGP / NPGP 2018 winners announced

India Yamaha Motor Pvt Ltd. (IYM) has declared the winners of the National Technician Grand Prix (NTGP) 2018 and National Parts Manager Grand Prix (NPGP) 2018 conducted by the company at its Surajpur plant on Nove...

Global Mobility Summit 2018: Hero Cycles wants better e-bicycle penetration

On the occasion of India’s first Global Mobility Summit, organised by the government’s think tank, the NITI Aayog at New Delhi, Pankaj M Munjal, Chairman, Hero Motor Company made an impassioned plea to policy makers...

Greaves Cotton to acquire majority stake in electric vehicle company Ampere

Greaves Cotton, one of India’s leading diversified engineering companies, announced that they have entered into definitive agreements pursuant to which Greaves Cotton will acquire a majority stake in EV company Ampe...

Triumph delivers 701 Street Triple motorbikes in India

The Street Triple range is now the largest selling roadster range from Triumph in India, after the Bonneville and Tiger series. The sales of the Triumph Street Triple have been 701 units so far since its introductio...

Purpose-built electric vehicles for mobility on demand, says Roland Berger

The growing demand for ride-sharing services is giving rise to a new category of vehicles. These are cars with a flexible interior that can be individually tailored to the needs of their users. The potential for aut...

Nissan announces expansion plans in Africa, Middle East & India

Nissan Motor Co., Ltd. unveiled a major expansion strategy in the Africa, the Middle East and India region as part of the company’s six-year mid-term plan, Nissan M.O.V.E. to 2022.

Mahindra signs MOUs with Maharashtra Govt. for EV manufacture and deployment

Mahindra & Mahindra Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Maharashtra (GoM), to further its next phase of expansion in electric vehicles (EVs) and achieve its vision of becoming...

Cero, India’s first auto shredding facility by Mahindras is ready

Mahindras will finally be inaugurating its new auto shredding plant in Greater Noida in Delhi NCR in April 2018. The plant built in Greater Noida in India’s northern state of Uttar Pradesh is India’s maiden organise...

Samvardhana Motherson acquires MS Global India

Samvardhana Motherson International Limited (SAMIL), the principal holding company of Samvardhana Motherson Group has announced that it has successfully acquired 100% of MS Global India Pvt Ltd (MSGI), from the Kore...

REWIND: Gadkari speech, so full of contradictions

Not many realised that Union Transport Minister Nitin Gadkari who addressed the auto industry leaders at the 57th SIAM Annual Convention in New Delhi last month left the audience not in splits, but in an absolute st...

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...

Lumax announces JV with Francisco Albero S.A.U to make Oxygen Sensors

With the Indian automotive industry gearing up for a leap frog to BS VI norms by 2020 many manufactures have invested heavily in technology and R&D. The Lumax DK Jain Group announced a joint venture with Francisco A...

Steffen Knapp is Director, Volkswagen Passenger Cars India

Steffen Knapp has been appointed as Director, Volkswagen Passenger Cars India. The position was previously held by Michael Mayer who recently took up the role of ‘Head of Sales and Marketing’ for Volkswagen Passenge...

Mahindra Electric unveils roadmap for making next gen electric vehicles

Mahindra Electric, manufacturer of electric vehicles (EV) and a part of the Mahindra Group, has unveiled a comprehensive technology and product roadmap, leading to the next generation of electric vehicles, which the...

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...

General Motors India to cease sales in domestic market in 2017

Barely a few weeks after announcing that it is shutting operations in its plant in Halol in Gujarat, the company has now announced that General Motors India will focus on its growing vehicle export manufacturing op...

Jeep Compass, Tata Nexon will add zing to Ranjangaon plant

Two new car models from two different car manufacturers--the Jeep Compass SUV from Fiat Chrysler Automobiles (FCA) India and the Tata Nexon, a compact SUV from Tata Motors, are expected to inject a lot of action ver...

Pre-owned electric cars platform by Mahindra First Choice Wheels

Mahindra First Choice Wheels Ltd. (MFCWL), India’s No. 1 multi-brand certified used car company, has inaugurated India’s first certified pre-owned electric vehicle outlet - Car Connect, located at HSR Layout in Beng...

Rahil Ansari is new Head, Audi India

Rahil Ansari has been appointed as the new Head of Audi India, effective February 1, 2017. Rahil Ansari brings a broad range of experience in Finance, Sales, Network Development, Retail operations and Aftersales bus...

Mahindra inaugurates spare parts warehouse in Mahindra World City, Jaipur

Mahindra & Mahindra Ltd (M&M Ltd) has inaugurated a state of the art spare parts warehouse in Mahindra World City (MWC), Jaipur. As one of the largest, most modern warehouses in the country and the company’s first i...

Kia plant in India likely to be part of Hyundai Group US$ 73 billion global investments in 2015-18

Hyundai Motor Group has earmarked around US$73 billion in facilities and R&D between 2015-2018. The US $44 billion Kia Motors Corporation, a leading car manufacturer based in South Korea and a company which is part ...

Mahindra acquires controlling stake in Classic Legends

Mahindra & Mahindra is on an acquisition spree in both its four-wheeler as well as two-wheeler businesses. After buying controlling stakes in companies like car maker Ssangyong of South Korea and Italian vehicle des...

Ssangyong Motor Signs LOI for JV with Shaanxi Automobile Group of China

SsangYong Motor Company, part of the Mahindra Group, has announced that as part of its effort to grow in China, the company signed a letter of intent (LOI) with the Shaanxi Automobile Group for a joint venture that ...

Baleno sales cross one lakh units in domestic market

Cumulative sales for the Baleno, Maruti Suzuki India Limited's (MSIL) premium hatchback has crossed the one lakh mark on October 4, 2016, nearly a year after its launch back in October, 2015. The company recorded a ...

Triumph Motorcycles enters Andhra market

Triumph Motorcycles has appointed one more dealership in the country, taking its total dealerships to 13. The latest dealership has come up in Vijayawada and is named Martial Motorcycles Pvt. Ltd. This is the first ...

Mercedes-Benz Inaugurates India’s largest parts warehouse, training academy

Luxury car manufacturer Mercedes-Benz has inaugurated the largest parts warehouse in the luxury car industry and has also set up the company’s largest retail training academy in South Asia– christened as the Mercede...

Rear view sensors for cars will soon be mandatory

With an aim to reduce increasing risk to small children and pedestrians from reversing or rolling back motor vehicles , the government will soon make rear view sensors or backup camera’s mandatory on all new vehicl...

Volkswagen, Jianghuai Automobile to develop of e- vehicles in China

Volkswagen AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed a Memorandum of Understanding (MoU) in Wolfsburg in Germany to define the next phase of negotiations between the two companies in order to...

Automotive business thrives in South India: 2016

‘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 ...

Relief for auto makers as SC lifts ban on diesel vehicles in Delhi NCR

The Supreme Court of India on August 12, 2016 has lifted the ban on diesel vehicles with engine capacities of 2000cc and above but has asked affected car makers to deposit of one per cent of ex-showroom price as gre...

LUXURY CARS IN INDIA: A Painful Growth

In the bad old days, two words were often considered taboo – Sex and Luxury. In a conservative India, talking about sex was a big “No”. Equally, in a socialist driven economy, the term “Luxury” was pure blasphemy. B...

Volkswagen recalls 800,000 cars in Germany for rectifying emission glitches

Volkswagen has now recalled 800,000 cars in Germany for fixing the emissions glitch which it had in 2015 admitted to have resorted to in order to evade strict emission norms. Germany's Federal Motor Transport Author...

Kerala ban on diesel cars sends Indian auto industry into tizzy

The latest ruling of the National Green Tribunal (NGT) banning diesel vehicles with engine capacities of 2000cc and above has sent the entire Indian auto industry in a state of shock and disbelief. The NGT bench hea...

50,000th BMW rolls out of BMW plant in Chennai

BMW Plant Chennai has rolled out the 50,000th car locally produced in India.The all-new BMW 7 Series received the distinction of being the 50,000th car locally-produced in India. Launched at the Auto Expo 2016, the ...

Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Honda Motorcycle & Scooter India 4th plant in India inaugurated

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) inaugurated its fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district, Gujarat) in India. This green factory came up in a record 13 months!

Markus Sternberg is Vice President – Aftersales, GM India

General Motors India has announced the appointment of Markus Sternberg as Vice President, Aftersales, General Motors India, effective January 1, 2016. With his rich experience of working across many countries and or...

Honda Cars to replace Fuel Return Pipe in 90,210 City & Mobilio diesel models

Honda Cars India Ltd (HCIL) has announced that it would recall a total of 90,210 units of its diesel cars so as to voluntarily replace the fuel return pipe of these vehicles. These cars include 64,428 units of diese...

Ford India’s Chennai plant produces one millionth vehicle and engine

Ford India’s Chennai plant has reached a production milestone by rolling out the one millionth vehicle and engine at its Chennai Vehicle Assembly and Engine Plant (CVAEP). The company had started its operations in 1...

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...

Takata airbag glitch hits Honda Cars India; 223,578 cars recalled

The Takata airbag glitch has finally hit the Indian shores in a big way, leading to a massive recall of around 223,578 units from the Honda Cars India stable. The cars manufactured between 2003 and 2012 will be reca...

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...

Yamaha Motor inaugurates third manufacturing unit in India

India Yamaha Motor Pvt. Ltd. (IYM) has inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal situated at the outskirts of Chennai, Tamil Nadu. The plant was inaugurated during the ope...

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...

South India Special Part 1: Tamil Nadu

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...

South India Special Part 2: Karnataka

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,...

South India Special Part 5: Kerala

This southern State of Kerala is known more for its militant labour unions and lack of industries. Tourism thrives here and the State is also referred to as “God’s Own Country”. Malayalis, as the people of Kerala ar...

500,000th India made Nissan car exported

Nissan has exported the 500,000th car manufactured in India, setting a record in the passenger car segment of the industry within a span of five year. The Nissan Micra was the 500,000th vehicle that was exported. ...

BMW assembles cars with 50 pc local content in Chennai plant

For a luxury car company that does not believe in only numbers but gives a lot of importance to profitability, BMW India has just announced that it has increased the level of localisation of its cars at its plant in...

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...

Daimler, Renault-Nissan Alliance to develop 1-ton pickup trucks

The Renault-Nissan Alliance and Daimler AG will expand their five-year strategic cooperation into the pickup truck segment said a press note from Renault. Together, Nissan and Daimler will develop a 1-ton pickup tru...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

JLR invests £ 600 m (Rs 5572 crore) in UKs West Midlands region

Jaguar Land Rover owned by Tata Motors has invested 600 million pounds (Rs 5572 crore approx.) in the West Midlands region in the UK to support product creation and advanced vehicle manufacturing. The largest single...

Ford sets the ball rolling in Sanand with new plant inauguration

Ford Motor Company is betting big in India and has on March 26, 2015 inaugurated an integrated manufacturing facility including a state-of-the-art vehicle manufacturing facility and a world-class engine plant in San...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Bosch, Tech Mahindra, others for tool connectivity

A collaborative effort between Bosch and three international companies, all members of the Industrial Internet Consortium, is driving forward tool connectivity with the aim of improving quality and efficiency in in...

Tata Zest launched in Nepal

Tata Motors recently announced the commercial launch of the Zest, a compact sedan in Nepal. With a start price of 24.5 lakh Nepali rupees, ex-showroom, for the petrol Revotron 1.2T model and 30.75 Lakh Nepali rupees...

Amrita University launches auto research centre

Coimbatore (Tamil Nadu) based Amrita University, a premier institution of higher learning in India, has inaugurated the Amrita Automotive Research & Technology Centre (AARTC), a joint venture between Amrita Universi...

Kevin Flynn is new President & MD, Fiat Chrysler Automobiles India

Fiat Chrysler Automobiles (FCA) India has announced the appointment of Kevin Flynn as the new President and Managing Director for India Operations. In a press release, FCA India said this appointment is effective im...

Bosch Chairman connects lives with humour and meaning at CIS 2015

Dr. Werner Struth, Chairman, Robert Bosch LLC and Member of the Board of Management, Robert Bosch GmbH combined these attributes at the International Consumer Electronics Show (CES) 2015 in Las Vegas, Nevada (USA) t...

Mahindra Two Wheelers sells 13,445 units in Dec 2014

Mahindra Two Wheelers Ltd. (MTWL), part of the Mahindra Group, has sold 13,445 units in December 2014. The company’s domestic sales were 12,835 units during the month, while exports reached 610 units. This was state...

After targeting autos, Durr now eyes India’s railway space

Global mechanical and plant engineering firm, Dürr is hoping to offer its highly advanced technology as one of the solutions for the Indian Railway’s ambitious hi-speed corridor bullet train projects.Dürr’s activiti...

Modern inspection system for vehicles soon, says Minister

P. Radhakrishnan, Minister of State for Road Transport & Highways, has stated that his ministry has decided to put in place a suitably designed Inspection and Maintenance System for vehicles and has sanctioned 10 mo...

Hero MotoCorp “garden factory” in Neemrana

The Hero MotoCorp Ltd plant at Neemrana in Rajasthan has gone on stream. The plant will contribute towards enabling the company to surpass 100 million units in cumulative production by year 2020.

Isuzu launches D-Max, MU-7 in UP market

Isuzu Motors India Private Limited, the Japanese automobile maker and global diesel engine expert with products like the D-Max pic up truck and MU-7 sports utility vehicle has inaugurated its first dealership in Noi...

Mayank Pareek joins Tata Motors as President

Tata Motors has announced the appointment of Mayank Pareek as President, Passenger Vehicle Business Unit (PVBU). His appointment is effective October 1, 2014. He will take over from Ranjit Yadav who will now head th...

RS Kalsi heads Domestic Marketing & Sales--Maruti

Following the resignation of Mayank Pareek, Senior Executive Officer (Marketing and Sales) from Maruti Suzuki, the company has announced that R S Kalsi will take over as head of Domestic Marketing & Sales. Kalsi is ...

Gadkari’s Road Transport Bill is revolutionary

The proposals in the Road Transport and Safety Bill 2014 are revolutionary in every sense. It has envisaged setting up a Motor Vehicle Regulation & Road Safety Authority of India. The bill has mooted a unified Driv...

AMP 2016 growth targets to fall short of 20-25pc

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

Lanxess expands high-tech plastics unit in USA

Global specialty chemicals company Lanxess is expanding its compounding facility for high-tech plastics in Gastonia, North Carolina by adding a second production line. The company is investing around US $ 15 million...

ICRA says tractor industry to grow 4pc-6pc in FY15

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...




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