Rural sales at Hyundai grew 9% in the first 4 months of this year, compared to sales increase of 1% in urban areas. New Delhi: Rural demand outpaced urban markets for fast moving consumer goods for the first time in five quarters in the January-March 2024, while car companies reported higher rural sales compared to… Continue reading FMCG, auto companies break the jinx as rural growth rises above urban
Author: Economic Times of India Online News
Quest Global acquires People Tech Group to expand digital, product engineering capabilities
Together, People Tech and Quest Global will leverage new and complementary capabilities, expand offerings to existing clients, and serve new clients with innovative digital transformation and product engineering solutions. New Delhi: Quest Global, a leading global product engineering services company, has acquired a majority stake in People Tech Group, a leader in next-generation digital transformation… Continue reading Quest Global acquires People Tech Group to expand digital, product engineering capabilities
Ampin Energy secures INR 292 crore from Swiss firm ResponsAbility
“This investment will fuel our mission to become the leaders in driving the renewable energy transition for commercial and industrial customers,” said Pinaki Bhattacharyya. Renewable energy company Ampin Energy Transition, formerly Amp Energy India, has raised USD 35 million (about INR 292 crore) from ResponsAbility Investments AG, a Swiss impact asset manager specialising in private… Continue reading Ampin Energy secures INR 292 crore from Swiss firm ResponsAbility
Audio Interview: The Nearshoring Boom and Its Impact on Mexico’s Talent Landscape
In this GlobalAutoIndustry.com Audio Interview “The Nearshoring Boom and Its Impact on Mexico’s Talent Landscape” Ron Hesse speaks with Jose Ruiz. Jose is President of IMD International Search Group and CEO of Alder Koten. Before his current roles, Jose was a partner in the global industrial practice of Heidrick & Struggles, a renowned executive search… Continue reading Audio Interview: The Nearshoring Boom and Its Impact on Mexico’s Talent Landscape
Understanding the Green Hydrogen landscape in India: Demand from industries, global collaborations are the key
An efficient system would need about 39 kWh of electricity to produce one kg of hydrogen, though operational efficiencies typically increase this demand to about 48 kWh per kg. New Delhi: In India, Green Hydrogen is quickly emerging as the strongest response to the decarbonisation challenge as its production and supply can save 830 million… Continue reading Understanding the Green Hydrogen landscape in India: Demand from industries, global collaborations are the key
French carmakers target fourfold jump in EV sales by 2027
Additionally, carmakers will aim to increase sales of electric light utility vehicles to 100,000 annually over the same period, from only 16,500 in 2022. France’s car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president of… Continue reading French carmakers target fourfold jump in EV sales by 2027
EU probes on Chinese subsidies and imports
It wants to find out if Chinese exports of EVs to the EU market are benefitting from excessive subsidies. The European Union launched an investigation into China’s procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has also launched several probes into whether Chinese clean tech producers are dumping… Continue reading EU probes on Chinese subsidies and imports
FADA joins with Frost & Sullivan for customer experience study, results in Sept 2024
The Customer Experience Index by FADA and Frost & Sullivan is set to redefine industry standards for customer satisfaction and service excellence. The Federation of Automobile Dealers Associations (FADA), the apex body championing the interests of India’s Automobile Retail Sector, has teamed up with Frost & Sullivan, a Growth Pipeline Company to spearhead an ambitious… Continue reading FADA joins with Frost & Sullivan for customer experience study, results in Sept 2024
Plan in works to revamp goods and urban transport
Metro networks are run by joint ventures between states and the Centre, such as the Delhi Metro Rail Corporation (DMRC). India is eyeing a complete revamp of its urban transport that would include integrating metro and bus networks with emphasis on a switch to clean fuel. Under the proposed plan, some incentives will also be… Continue reading Plan in works to revamp goods and urban transport
Honda India aims for zero road fatalities by 2050; Launches women empowerment initiative
Training sessions at IDTR consist of 80 hours spread over 5 days, covering road safety rules, defensive driving techniques, driving simulators, a technologically equipped driving lab, and on-track driving training. New Delhi: Honda India has initiated a Corporate Social Responsibility (CSR) program named ‘Stree Sarthee’ to empower women and enhance road safety, starting with the… Continue reading Honda India aims for zero road fatalities by 2050; Launches women empowerment initiative