Servotech Power Systems Ltd., a leading manufacturer of EV chargers in India, has bagged a order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW. The order secured by HPCL involves Servotech manufacturing,[Read More…]
Remsons Industries Ltd., a pioneer in Cables & Shifters for Automotive Industry has entered into a 50:50 Joint Venture with Daiichi Infotainment Systems which is poised to redefine the landscape of automotive electronics. This strategic collaboration brings together the expertise and resources of two industry-leading entities, DAIICHI and REMSONS, to pioneer innovative solutions that will drive the future of mobility.[Read More…]
Rolls-Royce, a global leader in technology and innovation, and TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, have extended their contract for five years until 2029. The partnership extension is for the state-of-the-art Parts Distribution Centre (PDC) in Singapore serving the Asia Pacific[Read More…]
Bharat Petroleum Corporation Limited (BPCL), India’s Fortune 500 Maharatna Energy Conglomerate, has introduced a solution for eco-friendly fuel accessibility in Kolkata with the unveiling of its Mobile MAK Adblue Dispenser. Under the leadership of Shri Sukhmal Jain, Director Marketing at BPCL, this innovative dispenser marks a noteworthy achievement in the company’s commitment to environmental responsibility. MAK Adblue, a diesel exhaust[Read More…]
Pune city witnessed initiation of hundreds of Drive Safe Clubs in many of its schools, colleges and corporate campuses through more than 1 KM walkathon from SSPMS Ground through Mangalwar Peth station of Pune’s Maha Metro and return, amounting to 1.5 Million safety steps donation by NGO Drive Smart, Drive Safe, held on 14th Feb. A Mass Pledge of 8[Read More…]
ZF, the third largest supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, takes a significant step forward in its commitment to India’s growth with the grand inauguration of its manufacturing plant in Oragadam, Tamil Nadu. Spread over an area of 44.08 acres, the new manufacturing facility, which is phase I of the project, covers an area[Read More…]
Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its unaudited results for Q3 of FY2024. In Q3FY24, the company recorded a net revenue of Rs.3,700 Crs. and achieved an EBIDTA of Rs.563 Crs. clocking a remarkable growth of 61% compared to the same period last year. Notably, the net debt at Rs.3,456 Crs. registered a 24%[Read More…]
The Society of Indian Automobile Manufacturers (SIAM) organized the “सुरक्षित सफर” (Safe Journey) Pavilion during the Bharat Mobility Global Expo (BMGE) 2024 in association with mobility solution provider, Rosmerta, from 1st – 3rd February at Pragati Maidan, New Delhi. SIAM has undertaken a Road Safety initiative – “सुरक्षित सफर” (Safe Journey) – to address the issue of rising road accidents in India,[Read More…]
Tata Motors, India’s largest commercial vehicle manufacturer, introduced its technologically-advanced engine, Turbotronn 2.0, to deliver a new benchmark of excellence in trucking. Highly fuel efficient and reliable, this indigenously-developed, versatile engine will power Tata trucks in 19-42 tonne range for multiple applications across categories. Perfectly suited for rapidly growing e-commerce, logistics, parcel and courier segments, the Turbotronn 2.0 engine is[Read More…]
Ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024, ACMA, the apex body of the Indian auto component industry shared insights from its Global Automotive Aftermarket Research Report, conducted in partnership with leading advisory firm Ernst & Young. According to the study, which focuses on seven product categories namely engine parts, suspension & braking parts, transmission parts, braking parts, rubber components,[Read More…]
