Valeo Friction Materials India hit the bull’s eye with its export strategy. Ashish Bhatia looks at the all round efforts undertaken to reach new markets despite a raging pandemic. The outbreak of the pandemic aggravated the situation and impacted global trade equations. Indian auto component manufacturers, however, in the first half of the fiscal 2020-21, for the first time, witnessed[Read More…]
Text : T Murrali Partners for Trade Agreements have to be chosen carefully considering the potential for mutual trade and economic co-operation. Economic factors should be the basis for any decision on Free Trade Agreements (FTA). Decisions based on factors other than business and economics would be inequitable, benefiting only one partner. The FTA partners should be complementary and not[Read More…]
Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler AG, Stuttgart, Germany along with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), a Daimler Company, started shipping DICV-made FUSO trucks to Indonesia, the key strategic market in Asia. With the new range of trucks, the company aims to fuel additional momentum in the market where FUSO has established[Read More…]
Volkswagen India today celebrated the roll out of its 50,000th export car at its plant in Chackan in Pune. The jubilee export car – a left-hand drive Vento, will be shipped to Mexico to meet the growing demand of the Indian Vento in North America. Volkswagen India started the export of cars from its Pune Plant in 2011. The big[Read More…]
