Omax Autos Limited, a tier-one supplier of critical assemblies like frame assembly to OEMS in CV segment, has recently entered the complete vehicle assembly. Omax Autos Ltd has already received an initial order of 20 vehicle assemblies from a renowned truck OEM. Speaking on the occasion, Kishor Karnataki, President & CEO – PC & CV said, “A focussed assembly cell[Read More…]
To expand global footprint and to accelerate business expansion, Renesas Electronics Corporation today announced the opening of Renesas Electronics India Pvt. Ltd., a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd. The company will be headquartered in Bangalore. Through this global expansion, the company expects to provide customers with market-specific and innovative semiconductor solutions. Guests from the Embassy of[Read More…]
In a move to improve ties between Thuringian companies and their Indian counterparts, Thuringian Minister for Economy, Labour and Technology, Uwe Höhn, alongwith a 25-member strong official Thuringian delegation, visited Volkswagen’s manufacturing plant in Chakan, Pune. The delegation is visiting New Delhi, Pune and Bengaluru from 22nd to 27thApril. The delegation, which includes members of the Thuringian Government and several[Read More…]
DHL Supply Chain, a unit of Germany-based Deutsche Post DHL, opened its new Sagamihara Logistics Center, a purpose-built facility located in Sagamihara City, Kanagawa Prefecture, Tokyo. The company invested USD$50m for the construction of the centre. “Our investment in the new Sagamihara Logistics Centre is evidence of DHL’s long term commitment to the logistics market in Japan,” said Victor Mok, CEO[Read More…]
World’s largest two-wheeler manufacturer by volume, Hero MotoCorp Ltd (HMCL) today launched its operations in Bangladesh through a Joint Venture (JV) with the Nitol Niloy Group. The JV was announced here today by Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp Ltd, and Mr. Abdul Matlub Ahmad, Chairman, Nitol Niloy Group of Companies. Hero will hold majority stake[Read More…]
Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a 100 percent wholly owned subsidiary of Daimler AG, announced that they have started exporting FUSO brand to Tanzania. This is the fourth market that FUSO has entered since the start of export in May 2013. FUSO branded trucks, which are manufactured at DICV‘s Oragadam plant, is aimed only for exports in Asia[Read More…]
To open up new export avenues in the People Republic of China, Auto Component Manufacturers Association of India (ACMA), the apex body representing the interest of Indian Auto Component Industry has taken a ten-member CEOs’ delegation to China from March 10th to 13th, 2014. ”ACMA has undertaken several such business development initiatives for the Indian auto components industry in China;[Read More…]
Ending the long wait by the industry, the Election Commission today announced the dates for the 16th Lok Sabha elections. India will go to polls in nine phases starting from April 7th and ending on May 12th. Chief Election Commissioner V S Sampath announced polling will take place on April 7, 9, 10, 12, 17, 24, 30, May 7 and[Read More…]
Leading automotive and commercial vehicle interiors supplier, International Automotive Components (IAC),this week opened two new facilities at New Delhi and Pune. Company officials first dedicated a new facility which complements IAC’s current Manesar manufacturing operation, and then followed with today’s dedication of a new 80,000-square-foot Manufacturing, Design & Technical Center in Chakan, India. The Chakan facility, which is IAC’s second[Read More…]
