The Tamil Nadu FY23 budget is all about growth, employment opportunities and new industries. Satyakam Arya, Chairman of CII, Tamil Nadu State Council and MD & CEO at Daimler Commercial Vehicles India breaks it down for us. Tamil Nadu’s FY23 Budget is all about growth, employment opportunities and new industries. Satyakam Arya, Chairman of CII, Tamil Nadu State Council and[Read More…]
A critical sector for Turkey, the automotive components ecosystem is well poised. Story by: Deepti Thore and Ashish Bhatia The growth of the Turkish automotive industry can be attributed to the developments that took place in the 1950s when the first Turkish automotive products were produced in 1954. Like most markets where the roots of the automotive industry are known[Read More…]
The Automotive industry is pinning positive hopes from the Union Budget 2020 to be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman. Story by: Ashish Bhatia All eyes are on the Union Budget 2020. To be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman, it has positive[Read More…]
Air90 Automotive, a premium reseller and fabricator of OEM replacement parts, outdoor gear and performance accessories for cars, motorcycles and 4x4s in India, announced the grand opening of its Automotive Parts and Accessories Store featuring over 500 new 4X4 accessories from leading parts and accessories manufacturers for 4X4 enthusiasts and off-roaders. With this launch, Air90 Automotive intends to capture an untapped[Read More…]
SKF India, a global supplier of bearings, seals, mechatronics, lubrication systems, and services today announced the inauguration of their Remote Diagnostic Center (RDC) in India. This diagnostic center will be located in their Pune Corporate Office. SKF’s Remote Monitoring Service makes it possible for any company with Internet access to implement a world-class predictive maintenance (PdM) program for periodic or[Read More…]
Morris Lubricants, a leading manufacturer of world class lubricants, announced its foray into India through its fully owned Indian subsidiary Paterson Lubricants India Pvt Ltd. Located in Mumbai, Paterson Lubricants commenced its Indian operations from the first week of April 2017. The initial focus of the company is to establish its presence in all key markets in the West and[Read More…]
Reacting to the Supreme Court Orders banning the sale of BS III stocks of vehicles, Vinod K. Dasari, President, Society of Indian Automobile Manufacturers (SIAM) said that industry would abide with the Orders passed by the Hon’ble Court. Auto Industry has been ready with BS4 manufacturing since 2010. However, the sale of BS4 vehicles was not possible, nationwide, due to lack of BS4[Read More…]
Automotive Engineering Show in New Delhi next week to showcase the latest in automotive manufacturing technologies. India’s leading technology players, including Banner Engineering India Pvt Ltd, Dow Corning India Pvt Ltd, Faro Business Technologies India Pvt Ltd, ifm electronic India Pvt Ltd, Keysight Technologies India Pvt. Ltd, Leuze Electronic Pvt Ltd, Micro-Epsilon India Pvt. Ltd, MSC Software Corporation India Pvt. Ltd, SAP[Read More…]
TVS Logistics, UK arm TVS Rico Supply Chain Services has acquired more than 60% stake in SPC International, an Uxbridge UK based company with an annual turnover of Rs 165 crore. The total investment by TVS Logistics for this acquisition and funding its future growth will be in excess of Rs 100 crores. This acquisition in the UK adds repair[Read More…]
Shriram Automall India Limited (SAMIL), largest service provider for exchange of pre-owned vehicles & equipment, inaugurated its 64th Automall facility in Saharanpur. The Automall is the 19th facility in the North Zone and is in line with the aggressive expansion plans of the company. Spread across a sprawling area of land, The Automall is strategically located at the Centre of Roorkee,[Read More…]
