TVS SCS’s in-plant logistics services for JCB’s Vadodara plant will encompass comprehensive warehouse management, including unloading, put-away of parts, picking, and line-side feeding. TVS Supply Chain Solutions Limited (TVS SCS) has secured a business contract from JCB in India to manage in-plant warehousing and logistics operations at JCB’s facility in Vadodara, Gujarat for three years.… Continue reading TVS SCS wins multi-year contract from JCB for in-plant logistics in Vadodara
Author: Economic Times of India Online News
Exports of 2-wheelers, trucks, buses to take a big hit
Industry executives said factories in Bangladesh have been closed for the past three days amid the deteriorating scenario in the neighbouring country. Indian exports of two-wheelers, trucks, and buses to Bangladesh are likely to be severely hit this month with the South Asian nation grappling with a deadly civil unrest. Bajaj Auto, India’s largest exporter… Continue reading Exports of 2-wheelers, trucks, buses to take a big hit
Rupee to see relief on improving risk appetite, cenbank support
Further, the central bank has directed some large banks to not make aggressive trading bets against the rupee. The Indian rupee is expected to open higher on Wednesday on the back of a further recovery in Asian equities, which helped allay fears regarding the fallout of the Japanese yen carry trade. Non-deliverable forwards indicate rupee… Continue reading Rupee to see relief on improving risk appetite, cenbank support
To unlock full potential of Finance & IT Arms, Mahindra & Mahindra to rev up services business
“The contribution of ‘services businesses’ to M&M’s net cash generation is almost INR 7,000 crore over the FY22-24 period,” Anand Mahindra said at its recent AGM . The auto to tractor major is closely watching its services contribution, which now accounts for 30-40% of the group’s profitability. With a five-fold growth in the services portfolio… Continue reading To unlock full potential of Finance & IT Arms, Mahindra & Mahindra to rev up services business
India’s top two EV makers step up efforts to plug charging infrastructure gaps
In addition, both companies will promote EVs/EV Charging and solar rooftop systems to their respective customers to drive awareness of the benefits. Tata Passenger Electric Mobility (TPEM) and JSW-MG Motor India are going all out to address the biggest deterrent in EV adoption-charging infrastructure. The top two manufacturers in India’s nascent passenger electric vehicles on… Continue reading India’s top two EV makers step up efforts to plug charging infrastructure gaps
AI, 3D printing, and EV make auto production, supply chain more efficient, says GlobalData
Updated On Aug 7, 2024 at 08:05 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The transition towards electric vehicles (EVs) is also a critical aspect of this technological evolution. New Delhi: The global automotive industry is rapidly adopting cutting-edge technologies such as robotics, artificial intelligence (AI), and machine learning as… Continue reading AI, 3D printing, and EV make auto production, supply chain more efficient, says GlobalData
JSW MG Motor India unveils innovative EV solutions at DriEV.Bharat event
JSW MG Motor’s future efforts will continue to focus on driving EV technology, enhancing infrastructure, and promoting sustainable practices in the Indian automotive landscape. JSW MG Motor India has unveiled a range of innovative electric vehicle (EV) solutions at the DriEV.Bharat event held at Bharat Mandapam, New Delhi. This ground-breaking event, organized in collaboration with… Continue reading JSW MG Motor India unveils innovative EV solutions at DriEV.Bharat event
Harman unveils automotive acoustic experience lab in Pune
The Automotive Acoustic Experience Lab features hidden modular panels that allow engineers to adjust the reflective properties of the space. Harman, an automotive electronics technology company and subsidiary of Samsung Electronics Co., Ltd., has launched a new Car Acoustic Experience Lab in Pune, India. The lab aims to meet the diverse needs of car audio… Continue reading Harman unveils automotive acoustic experience lab in Pune
TVS Motor Company Q1 FY25 PAT up 23% to INR 577 cr
Electric scooter sales for the quarter ending June 2024 stood at 0.52 lakh units, up from 0.39 lakh units in the corresponding quarter of 2023. TVS Motor Company’s revenue from operations for the quarter to June 2024 rose by 16% to INR 8,376 crore, compared to INR 7,218 crore in the same quarter of the… Continue reading TVS Motor Company Q1 FY25 PAT up 23% to INR 577 cr
Tata Passenger Electric Mobility and Tata Power Renewable Energy join to drive zero-emissions mobility
Published On Aug 6, 2024 at 01:06 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The company has already served more than 100,000 customers and installed 101,924 home chargers as well as 5,600 public chargers across India. Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL) have… Continue reading Tata Passenger Electric Mobility and Tata Power Renewable Energy join to drive zero-emissions mobility