SIAM supports zero duty on certain British car imports in trade deal: Report

Indian carmakers have agreed to eliminate import tax on a limited number of vehicles in a trade deal with Britain “if the need arises”, newswire Reuters reported. India at the moment imposes taxes to the tune of 70 percent and 100 percent on the import of cars, which will be whittled down over a period… Continue reading SIAM supports zero duty on certain British car imports in trade deal: Report

Tube Investments Q4 net profit up 74% at Rs 312 crore

The company posted Rs 220.72 crore in the same period a year ago. Tube Investments is engaged in the business of manufacturing precision steel tubes, steel strips, car door frames, automotive and industrial chains, and bicycles.  Murugappa Group’s engineering firm Tube Investments of India (TII) on Monday reported a 74.4 percent jump year-on-year (YoY) in… Continue reading Tube Investments Q4 net profit up 74% at Rs 312 crore

Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector

Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector

Ashok Leyland’s CIO sees GPT revolutionising the automotive sector

Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland’s CIO sees GPT revolutionising the automotive sector

Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

As part of its Sustainability Incubation Program, Alstom India, a provider of sustainable mobility services, has awarded a grant of Rs 1.5 crores to 10 startups that have developed solutions in the fields of clean energy, shared mobility, and multimodal solutions. Accelerated by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the selected startups will be able to use… Continue reading Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

As part of its Sustainability Incubation Program, Alstom India, a provider of sustainable mobility services, has awarded a grant of Rs 1.5 crores to 10 startups that have developed solutions in the fields of clean energy, shared mobility, and multimodal solutions. Accelerated by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the selected startups will be able to use… Continue reading Alstom India awards Rs 1.5 crore grant to 10 EV start-ups

Apollo Tyres launches servitisation model ‘AVOLVE’ to provide customised solutions for commercial vehicle fleet operators

Apollo Tyres, a leading tyre manufacturer, has launched a servitisation model ‘AVOLVE’, which integrates a mobility service business model into its operations. This model aims to provide customised solutions to specific customers, particularly commercial vehicle fleet operators, and enhance operational efficiencies, thereby elevating their business to the next level. AVOLVE’s mobility services business presents customers… Continue reading Apollo Tyres launches servitisation model ‘AVOLVE’ to provide customised solutions for commercial vehicle fleet operators

Hero MotoCorp plans record number of launches in 150-450 cc segment

In a bid to up its ante in the product mix, Hero MotoCorp, the world’s leading two-wheeler company, has lined up aggressive new launches in commuter, executive, and premium segments in the current year. The company is also refreshing its strategy in the 100 and 110cc segments, where it is the maker leader, on the… Continue reading Hero MotoCorp plans record number of launches in 150-450 cc segment

99% of pedestrians are susceptible to injury, as per Bosch’s first Pedestrian Accident Study for India

99 percent of Indian pedestrians are at a risk of injury, highlighting the need for road safety measures, as per a study conducted by Bosch. The supplier of technology and services released India’s first comprehensive study analysing pedestrian behaviour in India during the 7th UN Global Road Safety Week. The report also found that human error… Continue reading 99% of pedestrians are susceptible to injury, as per Bosch’s first Pedestrian Accident Study for India

Mercedes-AMG to accelerate into an electrifying future

It’s the road that several ICE car brands are looking at as they move forward in their business. Mercedes-AMG, the performance brand of the German luxury carmaker that is the highest-selling luxury marque in the Indian passenger vehicle market is also no exception. The marque has shared a glimpse of what’s coming with its all-new… Continue reading Mercedes-AMG to accelerate into an electrifying future