Post Tagged with: "corporate news"

Vinod Aggarwal crowned as the new President of SIAM

Vinod Aggarwal crowned as the new President of SIAM

The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as its new President for 2022-23. Vinod Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India[Read More…]

by September 16, 2022 Newscast
EV will cause a 60% decline in the forging and components industry over the next few years

EV will cause a 60% decline in the forging and components industry over the next few years

The increase in steel, aluminium, and nickel prices have hammered the Forging Industry in India High fuel prices are still impacting customers and affecting purchase decisions EVs could have disruptive implications on the forging and auto component industry The high raw material prices continue to be a challenge The Association of Indian Forging Industry (AIFI) has witnessed a challenging time[Read More…]

by August 12, 2022 Newscast
FEV India Establishes New Offices in Pune, India

FEV India Establishes New Offices in Pune, India

FEV India has opened two new branches in Pune, Maharashtra. The Vehicle Development Center brings together all of FEV’s development expertise in this field under one roof. The establishment of the Smart Mobility Center follows the launch of the company’s new FEV.io global software brand, which focuses on intelligent and electrified mobility. “We have a clear vision of supporting our[Read More…]

by July 11, 2022 Newscast
JK tyre appoints new Technology Advisor to CMD & MD

JK tyre appoints new Technology Advisor to CMD & MD

Prof. R. Krishna Kumar, Institute Professor-IIT Madras, appointed as Technology Advisor to CMD & MD, JK Tyre Prof. R. Krishna Kumar, Institute Professor, IIT Madras, has been appointed as Technology Advisor to Chairman & Managing Director, Dr Raghupati Singhania, and Anshuman Singhania, Managing Director, by JK Tyre & Industries Limited. Prof. Krishna Kumar, an expert in Vehicle Dynamics and Tyre[Read More…]

by March 17, 2022 Newscast
New Generation Valeo LiDAR

New Generation Valeo LiDAR

The new generation Valeo LiDAR could hit the market in 2024. Deepti Thore brings out the latest advancements. Advanced Driving Assistance Systems (ADAS) are headed towards level 3 automation. Case-in-point, the third generation scanning Light Detection And Ranging (LiDAR) capability from Valeo. Set to hit the market in 2024, it made its debut at the recently held CES 2022 (Watch[Read More…]

by February 9, 2022 International
Taking Centre Stage

Taking Centre Stage

Smarter auto electronics and electrical are taking centre stage. Ashish Bhatia looks at recent developments which suggest a growing impetus on resource allocation to build a robust ecosystem. Automotive electronics have taken centre stage and will command a greater focus going forward too from key stakeholders. The recent supply chain bottlenecks owing to the shortage of semiconductor chips, known to[Read More…]

by February 9, 2022 Cover Story
Ramesh Suri passes away

Ramesh Suri passes away

Ramesh Suri, Co-founder, Promoter and Chairman and more recently the ‘Chief Mentor’ for the Subros Ltd. management passed away earlier in May 2021. Ramesh Suri experienced the auto industry closely for more than 50 years and is credited for shaping up India’s largest automotive air conditioning manufacturing company also among the largest Maruti Suzuki dealerships in the country. He contributed[Read More…]

by July 6, 2021 Newscast
Mohan Kumar passed away

Mohan Kumar passed away

Michelin India announced with deep sorrow and profound grief the passing away of Mohan Kumar, Executive Vice President – Michelin India earlier in May 2021 due to Covid-19 related complications. Referring to him as a valued member, the company credited him for establishing the Michelin brand in the country. Calling it an untimely loss to Michelin India and the automotive[Read More…]

by July 6, 2021 Uncategorized
Foreign Trade

Foreign Trade

India’s overall exports (Merchandise and Services combined) in April-May2021 were valued at USD 98.29 billion. A growth of 56.94 per cent over the same period last year. Overall imports in April-May2021 are estimated to be USD 104.14 billion, a growth of 77.82 per cent over the same period last year. Exports in May 2021 were USD 32.27 billion, as compared[Read More…]

by July 6, 2021 Uncategorized
Wipro partners FEV

Wipro partners FEV

Information technology, consulting and business process services company, Wipro Ltd., entered into a strategic partnership with German company FEV. A global engineering provider, to jointly develop and market solutions for software-defined vehicles, the partnership entails joint development. The two will set up an innovation lab, which will develop automotive use cases, engineer scalable software, electronic architecture and develop system features.[Read More…]

by July 5, 2021 Newscast