Articles by: Richa Tyagi

Vedanta Aluminium organises ‘AutoEdge’ conclave, shares aluminium range for auto industry

Vedanta Aluminium organises ‘AutoEdge’ conclave, shares aluminium range for auto industry

Vedanta Aluminium, India’s largest producer of aluminium, recently organised AutoEdge 2024, an industry conclave for the automotive sector, in New Delhi. Aluminium, responsible for enabling several forms of modern transportation, has also established itself as a critical raw material for automotive manufacturing. The event featured expert-led sessions on the future roadmap of the sector and the role of aluminium in[Read More…]

by April 26, 2024 Newscast
Onkar Kanwar gets Lifetime Achievement Award

Onkar Kanwar gets Lifetime Achievement Award

Onkar Kanwar, Chairman, of Apollo Tyres Ltd has been conferred with the Lifetime Achievement Award at the All India Management Association (AIMA)’s Managing India Awards ceremony. Shri Jagdeep Dhankhar, Honourable Vice President of India, presented the award to Mr Kanwar in the presence of other dignitaries from various sectors. Onkar Kanwar was recognised for his value-driven business strategy and his[Read More…]

by April 26, 2024 Newscast
ASK Automotive and AISIN Group Form JV to Expand Independent Aftermarket

ASK Automotive and AISIN Group Form JV to Expand Independent Aftermarket

ASK Automotive Limited, India’s largest manufacturer of brake shoes and advanced braking systems for two-wheelers, announced a joint venture agreement with AISIN Group Companies, comprising AISIN Asia Co. Ltd. and AISIN Automotive Haryana Private Limited, to market and sell the auto components in Independent Aftermarket for passenger car products. With this Strategic Collaboration, both companies endeavour to expand their footprints[Read More…]

by April 25, 2024 Newscast
L-R Sandeep Ghambir, CEO, Vertelo; Abhishek Poddar, India Country Head and MD, Macquarie Asset Management (MAM); Moneycontrol

Macquarie Launches Vertelo, a $US 1.5B EV Fleet Solutions Platform in India

Macquarie Asset Management (MAM), part of Macquarie Group, has launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. The company aims to accelerate the transition of fleets to electric vehicles and build a robust EV ecosystem by offering bespoke solutions to customers including leasing and financing, charging infrastructure and energy solutions, fleet management services, and end-of-vehicle[Read More…]

by April 23, 2024 Newscast
Yokohama Rubber holds ceremony for new passenger car tyre plant in Mexico

Yokohama Rubber holds ceremony for new passenger car tyre plant in Mexico

The Yokohama Rubber Co., Ltd., announced that it recently held a groundbreaking ceremony on April 15 ahead of the start of construction of its new passenger car tyre plant in Mexico. The ceremony was attended by many local government officials and representatives from the local community, including Coahuila Governor Manolo Jiménez Salinas and Saltillo Mayor Jose Maria Fraustro Siller. From[Read More…]

by April 23, 2024 Newscast
Grundfos Driving Towards a Net-Zero Future through its iTruck Drive Initiative

Grundfos Driving Towards a Net-Zero Future through its iTruck Drive Initiative

Grundfos, a global leader in intelligent and energy-efficient pumping solutions, continues its drive towards sustainability with the iTruck Drive campaign, which has now reached Chennai. The campaign, launched on September 25, 2023, from Gurgaon, has covered over 12,500 kilometres and visited over 90 cities across Haryana, Uttar Pradesh, Punjab, Rajasthan, Gujarat, Maharashtra, and Karnataka. The iTruck initiative aligns with Grundfos’[Read More…]

by April 22, 2024 Newscast
CNH Expands India Technology Center and Inaugurates Multi-Vehicle Simulator

CNH Expands India Technology Center and Inaugurates Multi-Vehicle Simulator

CNH, a global leader in agricultural and construction solutions, announced the addition of a Multi-Vehicle Simulator (MVS) at the company’s India Technology Center (ITC). The first-of-its-kind MVS in the Indian off-highway segment will play a pivotal role in CNH’s global operations. This will serve as a key platform for various functions, including ergonomics simulation, user experience testing of controls, customer[Read More…]

by April 11, 2024 Newscast
Bridgestone India Introduces New Premium Tyre for Premium Passenger Vehicles

Bridgestone India Introduces New Premium Tyre for Premium Passenger Vehicles

Bridgestone India launched its new generation tyre Bridgestone TURANZA 6i for the Passenger Vehicles Segment. TURANZA 6i is the result of previously announced expansion in the Passenger Radial business. The tyre, specifically developed for Indian roads, provides a premium comfort ride experience, with superior fuel efficiency and wear life, making it a well-rounded premium offering from Bridgestone. Bridgestone TURANZA 6i[Read More…]

by April 10, 2024 Newscast
Freudenberg Group Achieves Record Growth in 2023, Plans Major Investments in India

Freudenberg Group Achieves Record Growth in 2023, Plans Major Investments in India

Freudenberg Group, a global technology conglomerate, which commemorates its 175th anniversary year in 2024, today reported record growth in revenues and operating profits for the financial year 2023. Freudenberg achieved sales of €11,902.8 million, 1.3 % higher than the previous year’s figure of €11,753.1 million. The operating profit of €1,081.6 million showed a significant increase of about 15 percent, compared[Read More…]

by April 8, 2024 Newscast
Nippon Paint unveils Mastercraft, for Exemplary Automotive Aftermarket Body and Paint Work

Nippon Paint unveils Mastercraft, for Exemplary Automotive Aftermarket Body and Paint Work

Asia Pacific’s leading paint and coating company, Nippon Paint has launched its consumer facing automotive body and paint repair service brand, Mastercraft. Mastercraft promises exemplary body and paint work, car decoration services and ultra-fast velocity repairs, backed by Japanese precision and technology. The first Mastercraft store has been established in Gurugram. Mastercraft Gurugram, operated by N-Square Automotive Services will cater[Read More…]

by April 7, 2024 Newscast