Other News

Index of Industrial Production April 2021

For the month of April 2021, the quick estimates of Index of Industrial Production (IIP) with base 2011-12 stand at 126.6. The IIP for the manufacturing sector for the month of April 2021 stands at 125.1. It must be noted that the quick estimates will undergo revision in subsequent releases as per the revision policy of IIP. The use-based classification[Read More…]

by July 5, 2021 Newscast
Stronger Bharat Forge

Stronger Bharat Forge

Bharat Forge is tapping new avenues after some effect of the pandemic. Bhushan Mhapralkar looks at factors driving the growth prospects of the company. Bharat Forge is emerging stronger from the pandemic. Claimed to maintain a positive outlook of the M&HCV segment on the back of infrastructure spending and the government’s focus on increasing manufacturing share in GDP, PLI schemes,[Read More…]

by July 5, 2021 Allied Business, Mobilised
Switch Mobility unveils strategic priorities and management team to achieve urban e-mobility leadership

Switch Mobility unveils strategic priorities and management team to achieve urban e-mobility leadership

Switch Mobility Ltd. (“Switch” or “the company”), the new electrified commercial vehicles group backed by the Hinduja Group, today announces its formal launch by combining the electric commercial vehicle operations of Ashok Leyland and the former Optare company to secure a leading global position in net zero carbon buses and light commercial vehicles. A new leadership team has been appointed[Read More…]

by July 2, 2021 Business Filings, Newscast
Valeo and Omega Seiki join hands to accelerate two and three wheelers electrification in India

Valeo and Omega Seiki join hands to accelerate two and three wheelers electrification in India

Press release | Valeo, the world leader in automotive electrification technology, and Omega Seiki Mobility (OSM), part of Anglian Omega Group, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains for OSM Vehicle Range. Valeo will provide its 48V electric powertrain system (reducer, integrated Motor and Inverter) along with the Powertrain Control Unit for[Read More…]

by July 2, 2021 Newscast
Marelli receives award for investment in new Electric Powertrain plant in Cologne, Germany, from the Federal State of North Rhine-Westphalia

Marelli receives award for investment in new Electric Powertrain plant in Cologne, Germany, from the Federal State of North Rhine-Westphalia

Press release |  New facility plays important role in Marelli’s electrification growth strategy  Company committed to getting involved in state’s technology network for e-mobility 【29 June 2021】 Marelli, a leading global automotive supplier, has received the NRW. Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With[Read More…]

by June 30, 2021 Newscast, Press Release
STMicroelectronics Cooperates with Arrival to Provide Leading-Edge Technologies for Next-Generation Electric Vehicles

STMicroelectronics Cooperates with Arrival to Provide Leading-Edge Technologies for Next-Generation Electric Vehicles

Press release | June 29,2021: STMicroelectronics (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced its collaboration with Arrival (NASDAQ: ARVL), the global technology company creating electric vehicles (EVs) using its unique technologies, to provide leading-edge semiconductor technologies and products for Arrival’s vehicles including automotive microcontrollers and power and battery-management devices. Arrival has chosen[Read More…]

by June 29, 2021 Newscast
HERE, Vodafone and Porsche partner on real-time warning system

HERE, Vodafone and Porsche partner on real-time warning system

Press release | June 29, 2021 Mumbai – In the future, new technologies will be a key enabler to make unclear traffic situations safer. HERE Technologies, Vodafone and Porsche are working together to achieve this objective as part of a feasibility study. The aim of the study is to improve road safety with the help of 5G technology and highly[Read More…]

by June 29, 2021 Newscast
ARCI develops cost-effective catalysts for metal- air battery

ARCI develops cost-effective catalysts for metal- air battery

Press release | A new non-precious metal-based bi-functional electrocatalyst (capable of catalyzing two different types of reactions) can decrease cost and increase the efficiency of metal air batteries. With the rise in demand for different energy sources, worldwide efforts are being made to develop different kinds of energy devices, such as lithium-ion batteries, lead-acid batteries, redox flow batteries, lithium-air batteries,[Read More…]

by June 25, 2021 Newscast, Press Release
Henkel invests in technology start-up ioTech

Henkel invests in technology start-up ioTech

Düsseldorf, Germany – Henkel Adhesive Technologies strengthens its capabilities for innovative electronics solutions by investing in ioTech, a UK-based start-up with an R&D footprint in Israel. ioTech has developed a disruptive Continuous Laser Assisted Deposition (C.L.A.D.) technology that enables the further miniaturization of a variety of applications in the electronics industry. With the investment, Henkel aims to drive synergies between[Read More…]

by June 25, 2021 Newscast, Press Release
CEAT launches ‘SecuraDrive’ range of tyres for Compact SUVs

CEAT launches ‘SecuraDrive’ range of tyres for Compact SUVs

Mumbai, 24th June 2021: Leading Indian tyre manufacturer CEAT Tyres Ltd has announced the launch of a new premium tyre range for the Compact SUVs segment called SecuraDrive SUV. The new range of tyres will cater to the ever-growing compact SUV segment. Also, the new tyre borrows its name from the SecuraDrive platform, which is a platform for premium hatchbacks[Read More…]

by June 25, 2021 Newscast