Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India announced that Mr. Ryuto Shimizu has assumed the office of Director, Marketing & Sales from 1st April 2024. He assumes the role previously held by Mr. Yuichi Murata, who has moved to Honda Mexico as President. Mr. Shimizu has been associated with Honda for […]
Rapido, a leading commute app in India, has etched an indelible mark on India’s mobility landscape by achieving the monumental feat of 100 crore rides across 120 cities. Since its inception in 2015, it has emerged as a key contributor to employment generation, touching the lives of approximately 9 crore Indians with its affordable and convenient services. […]
Adding to its list of milestones, Maruti Suzuki India Limited has attained cumulative production of over 3 crore units. This feat entails production undertaken at the company’s Gurugram, Manesar (in Haryana) and Hansalpur (in Gujarat) manufacturing facilities. Notably, Indian operations are the fastest to achieve this feat among all Suzuki production bases in record 40 […]
Automechanika Riyadh, Saudi Arabia’s leading trade show for the automotive aftermarket, will provide a platform for thought leaders, experts, and industry professionals to gather and discuss the latest advancements, challenges, and trends in the Saudi Arabian automotive sector as the MEA industry is set to exceed US$69.39 billion by 2028. According to research from Virtue […]
The BMW Group and Tata Technologies, a global product engineering and digital services company have announced that they have signed an agreement to form a Joint Venture (JV) with the aim to establish an automotive software and IT development hub in Pune, Bengaluru and Chennai, India. The execution of the JV agreement is subject to review […]
With Porter’s brand purpose of “moving a billion dreams, one delivery at a time,” and Zypp Electric’s mission to achieve 100% sustainability in last-mile delivery through EVs by 2028, a seamless integration has emerged. Twelve months ago, Porter Enterprise welcomed Zypp Electric aboard to revolutionize its logistics solutions. Aligned with its green initiatives, Zypp was […]
Rico Auto, a seasoned participant at ACMA Automechanika, showcased its prowess in manufacturing parts for two-wheelers, four-wheelers, commercial vehicles, and three-wheelers, emphasizing their focus on quality and reliability. In an interview with MOTORINDIA, Abhishek Kulshreshtha, Senior VP – Corporate Material & After Market Business, Rico Auto talks about his company’s presence at the event, their […]
Schaeffler India Limited made a power-packed presence at ACMA Automechanika New Delhi. In an exclusive interview with N. Balasubramanian, Debasish Satpathy, President – Automotive Aftermarket, Schaeffler India Limited, shares insights on the company’s presence at the event, product showcases, target audience, business updates, and growth strategies in the Indian market. Schaeffler India’s Prominent ShowcaseDebasish Satpathy […]
Castrol India Limited has announced its results for the fourth quarter (4Q) and full year ended 31 December 2023 (FY23). For the full year ended 31 December 2023, the Company registered Revenue from Operations of ₹5075 Crores, recording a strong growth of 6% over ₹4774 Crores in the year ended 31 December 2022. Profit Before […]
Partnership to drive innovation by delivering globally proven filters in Indian market In an exclusive interview with N. Balasubramanian, leaders from both myTVS and MANN+HUMMEL shed light on their new partnership and the exciting business prospects it presents. G. Srinivasa Raghavan, Managing Director, Satya A R, President, and Bharath Chandrasekaran, VP, myTVS, talk on the […]
The Bus and Car Operators Confederation of India (BOCI) has announced the much-anticipated 4th Edition of Prawaas 4.0, India’s flagship Multimodal Transport Show, slated to be held from August 29-31 at the Bangalore International Exhibition Centre (BIEC). With the overarching theme of “Safe, Smart, and Sustainable Passenger Mobility,” Prawaas 4.0 is dedicated to bringing together the entire spectrum […]
SML Isuzu, leading manufacturer of trucks and buses, is fast expanding its dealer network across the country. The CV maker has inaugurated a new dealership, SDPS Motors, in Gaya, Bihar, marking another significant step in expanding its presence across the country. The new outlet was inaugurated by Former Chief Minister of Bihar, Shri Jitan Ram […]
The infrastructure segment in the country is growing at a fast pace, and it is further getting a shot-in-the-arm due to the increased spending by the government year after year. Leading tyre maker, Apollo Tyres, which has been looking at leveraging this growth in infrastructure, provided an experiential drive to the fleet owners, business partners […]
Operating margins seen steady with better realisation, stable commodity prices Commercial vehicle (CV) makers will see revenue growth moderating to 5-7% on-year next fiscal after an estimated ~9% rise this fiscal. This will be driven by price hikes as volume growth is expected to be modest for medium and heavy CVs (M&HCVs) and flattish for […]
Basil Mohamed Siddeeqi, MD, Alkraft Thermotechnologies, articulated the company’s unwavering commitment to empowering customers through state-of-the-art thermal management solutions during Excon 2023. He asserted, “The purpose and focus of Alkraft has always been to enable customer success by providing them Innovative thermal management solutions that provide best-in-class thermal performance and reliability.” At the event, Alkraft […]