GLOBAL HUB The Automotive Industry, due to its very nature, has grown in clusters. The clusters have OEMs as hubs or centres of growth surrounded by the suppliers. India’s first and the oldest cluster is South India, which has grown significantly due to the presence of a strong component industry in Chennai. It has attracted several vehicle manufacturers. The Southern[Read More…]
Ashok Leyland, flagship of the Hinduja Group, today confirmed that it bagged an order from Karnataka State Road Transport Corporation (KSRTC) for 3019 buses. This order, one of the largest from a State Transport Undertaking for a single OEM, would be executed in the current financial year which would help Ashok Leyland in furthering its leadership position in buses. The[Read More…]
BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, delivers its proven wastegate turbocharger for Honda’s new three-cylinder 1.0-liter gasoline direct-injected engine, initially available for the Civic in Asia and Europe. BorgWarner’s compact turbocharger improves engine efficiency and boosts performance, helping achieve an outstanding power output of 95 kW (127 HP) with quick[Read More…]
Nissan has appointed Thomas Kuehl as president, Nissan India Operations, effective from October 1, 2017. In this role Kuehl, who joins Nissan from Volkswagen, will be responsible for both Nissan and Datsun brands and will head all operations in India including Marketing and Sales, Manufacturing and Research and Development. “Nissan India is an increasingly important part of Nissan’s future growth plans,”[Read More…]
Indian Machine Tool Manufacturers’ Association (IMTMA) said the Goods and Services Tax (GST) is connecting India through a common market. GST officially came into effect from July 1. India is now “One Tax One Nation”. The new paradigm in India’s cooperative federalism is expected to rein in improved tax compliance and facilitate the ease of doing business and pave way[Read More…]
The fourth edition of Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) received an impressive amount of praise and approval following its conclusion. Held from 25 – 27 May 2017, the fair housed a total of 522 international exhibitors and welcomed 17,378 trade visitors (8% increase) in an exhibition space of 45,000 sqm (29% increase) at the[Read More…]
Bosch India launched its locally developed air quality monitoring system in New Delhi at its flagship event, Future Connected: Bosch for a Smarter India. This is the first system in the market which is fraction of the size compared to other locally available products. “Bosch provides a smart air monitoring solution for the 21st century,” commented Shennoy RK, Senior Vice President,[Read More…]
The all-new BMW 5 Series was launched in India today. Seventh generation of the premium sedan was unveiled by the legendary sportsman, Mr. Sachin Tendulkar. Locally produced at the BMW Plant Chennai, the all-new BMW 5 Series will be available in diesel and petrol variants at all BMW dealerships across India from1 July 2017 onwards. Vikram Pawah, President, BMW Group[Read More…]
TVS Motor Company, a leading two-wheeler and three-wheeler manufacturer in India announced its partnership with Abans Auto a leading distributor in Sri Lanka. Through this tie-up, TVS King, the 200 cc passenger three-wheeler, will be launched in the Sri Lankan market. As a part of the agreement, the Company will leverage Abans Auto’s network of over 200 showrooms and appointed[Read More…]
BRIGHTER PROSPECTS By the time you read this column, the Government of India would have rolled out the Goods and Service Tax (GST). GST is set to be rolled out on July 1, 2017. It is going to be a red letter day in the economic history of India. Automotive industry is among its major beneficiaries. From a combined VAT[Read More…]
