Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, today applauded the Government for the approval of PLI scheme by Union Cabinet for ten sectors including auto and auto components. Thanking the Hon’ble Prime Minister Narendra Modi, Deepak Jain, President ACMA said, “The announcement of the approval of the PLI (Production Linked Incentive) Scheme for[Read More…]
The facility has successfully manufactured 500 Metro Cars (112 Metro Trainsets). Alstom, a leader in sustainable and smart mobility, achieved another milestone today in India. It’s SriCity factory in Andhra Pradesh that manufactures Rolling Stock (Metro Trains) for Urban Metro projects, successfully completed production of its 500th Metro Car. As Alstom’s largest Urban Rolling Stock manufacturing unit in the Asia-Pacific[Read More…]
Daimler India Commercial Vehicles (DICV) today announced the opening of their new Global Capability Centre in Perungudi, Chennai. Covering almost 20,000 square feet and seating up to 165 people, the facility is designed to house the company’s ‘shared services’ business stream. Shared services refers to the various services DICV exports to other Daimler entities around the world, including R&D,[Read More…]
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, today has once again requested the Haryana State Government to reconsider reservation of employment for locals in private enterprises. The Haryana assembly, on November 05, 2020, had passed the ‘Haryana State Employment of Local Candidates Bill’ that mandates 75 percent reservation of factory and[Read More…]
AIFI (Association of Indian Forging Industry), the General Body of the Indian Forging Industry in India has Elected Vikas Bajaj as the new President for the term 2020 – 2022. He takes over from the outgoing President S. Muralishankar, who held the position from 2017 to 2020. Along with Vikas Bajaj the President, Yash Jinendra Munot was elected as the[Read More…]
To play an active role in the future growth of overall business and strategic initiatives Press Release Mumbai, November 5, 2020: Greaves Cotton Limited, One of India’s leading engineering companies,has announced that Nagesh Basavanhalli will resume executive duties as the first Group CEO, withimmediate effect. Mr Basavanhalli will play an active role in the future growth of overall business(Greaves Cotton[Read More…]
Tata Motors, India’s leading automotive brand, today celebrated the rollout of the 1,50,000th Nexon from its Ranjangaon facility in Pune. Tata Nexon achieved the 1st 50,000 milestone on Sept’18, followed by the 1,00,000 on Sept 19 . Since its launch in 2017, the Nexon has been the flagbearer of Tata Motors’ commitment to road safety. As the first car in[Read More…]
TVS Motor Company a reputed manufacturer of two-wheelers and three-wheelers in the world today announced its association with Pilipinas Shell Petroleum Corporation. The association will be through the company’s Philippines distributor, Global Automobile Traders FZCO. As a part of this tie-up, all TVS Motor customers in Philippines will receive Php 700 worth of Shell cards which can be availed in[Read More…]
Tata Motors, one of India’s leading automaker, in association with Avanti Fellow NGO is conducting special coaching classes and grooming unprivileged students to prepare for NEET, IIT JEE Mains and IIT JEE Advanced competitive exams. This year, 43 students skilled from this programme have succeeded to ace the IIT JEE Mains while 27 students have cleared IIT JEE Advanced. This year, JNV Puducherry[Read More…]
PIB Delhi The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the following, including fixing higher ethanol price derived from different sugarcane based raw materials under the Ethanol Blended Petrol (EBP) Programme for the forthcoming sugar season 2020-21 during Ethanol Supply Year (ESY) 2020-21 from 1st December 2020 to 30th November 2021: (i) The price of ethanol from C[Read More…]
