Articles by: autocompindiaadmin

2020 AMPA 3-in-1 Postponed to October 21 to 24

Press Release  In order to ensure the health and safety of all participants, TAITRA’s premier automotive trade show, AMPA 3-in-1 (Taipei AMPA, Autotronics Taipei, and Motorcycle Taiwan), originally scheduled for April 15 to 18, has been postponed to October 21 to 24; this rescheduled event will be held at the Taipei Nangang Exhibition Center, Hall 2 (TaiNEX 2). Taiwan’s automotive[Read More…]

by March 9, 2020 Events

DICV participates in Safe Roads India Summit

Daimler India Commercial Vehicles (DICV), operating under the umbrella of Daimler Trucks Asia, helped improve public road safety awareness by participating in the 2nd edition of the SAFE ROADS Summit India together with Mercedes-Benz Research and Development India (MBRDI) and Mercedes-Benz India (MBIL). The theme for this year’s summit was ‘Automated Driving and Future of Road Safety in India’, making[Read More…]

by November 22, 2019 Uncategorized
Fuji Electric targets Rs 1500 cr turnover in India by 2023

Fuji Electric targets Rs 1500 cr turnover in India by 2023

Fuji Electric Co., Ltd.,  a 915 billion Yen, energy and power electronics global major headquartered in Tokyo, Japan, announced its India 2.0 plan to expand its business operations in India, recently. The FE India 2.0 plan envisages the revenues from the India market to reach Rs 1,500 crore by 2023 supporting the global objective of Fuji Electric’s Reiwa Prosperity 2023[Read More…]

by November 22, 2019 News
BharatBenz inaugurates new dealership in Nepal

BharatBenz inaugurates new dealership in Nepal

Daimler Trucks Regional Center Southern Asia and Omni Motors recently inaugurated its new 3S state-of-the-art dealership facility for its commercial vehicle brand BharatBenz in Itahari, Eastern Nepal. The opening of this new dealership facility, which is owned and run by Omni Motors, is an illustration of BharatBenz’s trucks growing demand and acceptance in the market. The new Itahari dealership is[Read More…]

by November 12, 2019 News
TVS SRICHAKRA showcases EUROGRIP off-highway range at AGRITECHNICA

TVS SRICHAKRA showcases EUROGRIP off-highway range at AGRITECHNICA

TVS SRICHAKRA, one of India’s largest manufacturers and exporters of two and three-wheeler tyres and off-highway tyres is showcasing their TVS Eurogrip Off-Highway product range at AGRITECHNICA 2019. The range includes tyres for construction, industrial and agricultural use including farm implements. The show is being held from November 10-16, in Hannover, Germany. AGRITECHNICA is the world’s leading trade fair for[Read More…]

by November 12, 2019 News
DICV wins award for Outstanding Contribution to Indo-German Economic Relations

DICV wins award for Outstanding Contribution to Indo-German Economic Relations

Daimler India Commercial Vehicles (DICV), a 100% Daimler AG-owned entity operating under the umbrella of Daimler Trucks Asia, has been awarded for their ‘Outstanding Contribution to Indo- German Economic Relations’ by the Indo-German Chamber of  Commerce after increasing their exports to Germany by almost 400% from 2017 to 2018. The award was presented by Christian Hirte, the Parliamentary State Secretary[Read More…]

by November 12, 2019 News, Uncategorized

SFL’s Q2 net profit down to Rs 71.07 cr

Sundram Fasteners Limited (SFL), part of the $8.5 billion TVS group, recently announced its Q2 results for FY 2020. The net profit of SFL (standalone) for the Quarter ended 30th September 2019 was at Rs 71.07 crore, as against Rs 110.66 crore during the same period in the previous year. Revenue from the operations of Sundram Fasteners Limited for the[Read More…]

by November 11, 2019 News

Ashok Leyland inducts Saugata Gupta and Vipin Sondhi to its Board of Directors

The Board of Directors of Ashok Leyland, at the board meeting recently, decided to induct Saugata Gupta as Independent Director and Vipin Sondhi as Director to its Board of Directors. Saugata is a very well accomplished corporate leader and is currently the Managing Director & Chief Executive Officer of Marico Limited. He is credited with transforming Marico into a high[Read More…]

by November 11, 2019 News
Ashok Leyland Q2 PAT at Rs 39 crore; down by 92%

Ashok Leyland Q2 PAT at Rs 39 crore; down by 92%

Ashok Leyland Limited, Indian flagship of the Hinduja Group, reported a revenue of Rs 3929 crore which was 48% lower than the same period last year (Rs 7621 crore). The Total Industry Volume had come down by 53%. PBT (before exceptional item) for the quarter was at Rs 84 crore (Rs 688 crore) and PAT was at Rs 39 crore[Read More…]

by November 11, 2019 News
Bosch launches IOT based public infrastructure monitoring solution

Bosch launches IOT based public infrastructure monitoring solution

Honorable Chief Minister of Karnataka B S Yediyurappa recently unveiled an IOT enabled public infrastructure monitoring solution from Robert Bosch Engineering and Business Solutions (RBEI). At the core of the solution is Bosch’s Phantom, an intelligent ecosystem platform, analytics form the core of this solution and it is Phantom’s purpose to bring advanced technology and insightful analytics to our users.[Read More…]

by October 31, 2019 News