TVS Motor Company, two-wheelers and three-wheelers manufacurers, appointed K N Radhakrishnan as Whole Time Director of the company. He will hold office as Director and CEO for a period of five years commencing from 23 October, 2018. He began his career in Sundaram Clayton in 1986 as a management trainee (1986) and rose to become the head of business planning[Read More…]
ATMA Partners’ Summit 2018 put into sharp relief the need for greater engagement and dialogue between Tyre Industry and raw material partners with a view to collectively build on a more sustainable ecosystem and respond to the emerging challenges. “India is emerging as a manufacturing base with more and more global companies showing interest in the country. There has been lot of[Read More…]
Leading Indian tyre manufacturer JK Tyre & Industries Ltd unveiled their state-of-the-art ‘global technology centre’—Raghupati Singhania Centre of Excellence (RPSCOE) at Mysore, to reemphasize their commitment for innovation and excellence. HD Kumaraswamy, Chief Minister of Karnataka inaugurated the global research and technology centre with Dr. Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries Ltd. Also present were Jitendra[Read More…]
Escorts Ltd, India’s leading engineering conglomerate and Tadano Group, Japan’s biggest and world’s leading mobile crane manufacturer, announced their joint venture to manufacture rough terrain cranes and truck mounted cranes. The joint venture will strengthen Escorts technology leadership and market presence in the material handling equipment space. The JV will leverage the cost effective frugal Indian engineering excellence of Escorts[Read More…]
Shanthi Gears Ltd. (SGL) a subsidiary of Tube Investments of India Ltd, (TII) recently announced its financial results for the quarter ended 30th June, 2018. The turnover for the quarter was higher by 10% in comparison to the same quarter of the previous year and at Rs. 61.95 crore against Rs. 56.49 crore in the same quarter of the previous[Read More…]
Faurecia Interior Systems (FIS) has commenced the construction of its new Rs 50-crore instrument panel (IP) plant in Andhra Pradesh. The greenfield factory is located at Kia Motors India’s component Vendor Park ‘A’ at Ammavaru Palli, Penukonda Tehsil, Anantpur district in Andhra Pradesh. Faurecia recently bagged the order from Kia Motors for the first time. The IP manufacturer will supply[Read More…]
Story by: Bhushan Mhapralkar Following, manufacturing engines for Mercedes-Benz and BMW automobiles sold in India, Force Motors has now entered into a joint venture with Rolls-Royce Power Systems AG. The joint venture company, Force MTU Power Systems Pvt. Ltd., will have Force Motors holds 51% stake and Rolls-Royce Powers Systems the remaining. With an investment of Rs. 300 crore (in[Read More…]
Story by: Ramya Srinivasan The California-based Western Digital Corporation (WDC), an innovator in the storage industry, has designed and developed specially-tested products which are certified to automotive industry standards with NAND flash technology. WDC develops and manufactures storage solutions that enable industries to create, manage, experience and preserve digital content. Western Digital has 4 sub-brands: G-Technology, HGST, SanDisk, and WD[Read More…]
SUN Mobility, led by Chetan Maini (Founder of India’s first electric car, Reva) and Uday Khemka (Vice Chairman of SUN Group), today launched its global, interoperable smart mobility solution for two and three-wheeler electric vehicles at their brand new 47,500 sq. ft. technology development centre in Bengaluru. SUN Mobility’s energy infrastructure platform is a first of its kind universal architecture[Read More…]
Axalta, a leading global supplier of liquid and powder coatings, inaugurated its new coating manufacturing plant at Savli, Vadodara in Gujarat, India. The 5,200 square meter plant is part of Axalta’s Savli manufacturing site that produces Axalta coatings for refinish, automotive parts, and commercial vehicle customers. The new plant will double Axalta’s coating manufacturing capacity to meet the growing demand for coatings in light[Read More…]
