‘We expect more sectors to be brought under the PLI umbrella:’ Satyakam Arya

The commercial vehicle (CV) segment which is the barometer of a country’s economy is witnessing green shoots in India with the government’s relentless push to drive infrastructure development by rapidly building new networks of highways and expressways. While the macro-economic factors look set to continue driving growth in the CV sector in the coming fiscal… Continue reading ‘We expect more sectors to be brought under the PLI umbrella:’ Satyakam Arya

‘A reprieve on GST will come as a welcome move’: Prashanth Doreswamy

For Continental India, the domestic arm of German Tier-1 major, the upcoming Union Budget 2023-24, holds a lot of potential to spur growth in India’s evolving electric mobility segment. The company also expects the government to give policy thrust for India to become an engineering-research and development (ER&D) hub of the world. According to Prashanth… Continue reading ‘A reprieve on GST will come as a welcome move’: Prashanth Doreswamy

Tech Talk: Sustainable tyres pass a new milestone

Some aspects of making cars more sustainable are taking much longer than others, but one that appears to be making quicker progress is the tyre. Goodyear has announced a demonstration tyre made from 90% sustainable materials that meets all the necessary regulations and has passed its own internal tests for performance and safety. The tyre isn’t… Continue reading Tech Talk: Sustainable tyres pass a new milestone

Omega Seiki to invest Rs 800 crore in EV powertrain and battery plants

Omega Seiki Mobility (OSM), a part of the Anglian Omega Group, today announced a joint venture with iM3NY, a leading battery technology player in the US, for battery cell technology and also a plan to manufacture e-powertrain parts and batteries in India. Founded by a group of companies including C4V, Magnis Energy Technology and others, and led by ex-Tesla… Continue reading Omega Seiki to invest Rs 800 crore in EV powertrain and battery plants

Omega Seiki to invest Rs 800 crore in EV powertrain and battery plants

Omega Seiki Mobility (OSM), a part of the Anglian Omega Group, today announced a joint venture with iM3NY, a leading battery technology player in the US, for battery cell technology and also a plan to manufacture e-powertrain parts and batteries in India. Founded by a group of companies including C4V, Magnis Energy Technology and others, and led by ex-Tesla… Continue reading Omega Seiki to invest Rs 800 crore in EV powertrain and battery plants

Orbitsys Tech’s CRM solutions optimise dealer management for smaller OEMs in India

Orbitsys Tech’s CRM solutions optimise dealer management for smaller OEMs in India Gurgaon-based Orbitsys Technologies, a back-end solutions provider for customer relationship management (CRM) and dealer management system (DMS) technologies to automotive OEMs in India, is bullish about its platform’s capabilities of enabling swift network expansion for newcomers in the market. The company says its… Continue reading Orbitsys Tech’s CRM solutions optimise dealer management for smaller OEMs in India

Indian OEMs recall 278,405 vehicles in 2022, over 5 million units since 2012

As the first month of CY2023 draws to a close, it has already seen two carmakers issue a recall for a total of 29,939 vehicles, which is 11% of the total vehicles recalled in the Indian automobile market in CY2022. While Maruti Suzuki accounts for 28,539 units – 17,362 cars due to a likely defect… Continue reading Indian OEMs recall 278,405 vehicles in 2022, over 5 million units since 2012

‘Need for long-term outlook, continuation of stable policies’: Santosh Iyer

Country’s No. 1 luxury carmaker – Mercedes-Benz India – which registered its best-ever year in India in 2022 by selling 15,822 units (+41%), is keeping a close watch on the Budget 2023-24 that is set to be revealed on February 1. The company is hopeful that the upcoming Budget will roll out policies that give… Continue reading ‘Need for long-term outlook, continuation of stable policies’: Santosh Iyer

SMEV bats for GST rationalisation on components for the EV segment to charge ahead

SMEV bats for GST rationalisation on components for the EV segment to charge ahead Sohinder Singh Gill, CEO of Hero Electric and Director General of the Society of Electric Vehicle Manufacturers of India (SMEV), has been championing the cause for India’s fledging EV industry and pushing the government towards offering supply-side support like the rationalisation… Continue reading SMEV bats for GST rationalisation on components for the EV segment to charge ahead

In Conversation with Orbitsys Tech’s Gurbinder Singh Dhillon

Gurbinder Singh Dhillon, managing director, Orbitsys Technologies, tells Hormazd Sorabjee how the company has been working for over 25 years in the CRM-DMS space to offer the best of technological solutions. Orbitsys Technologies has been offering its fully-integrated customer relationship management (CRM) systems to OEMs for ensuring transparency and consistency in sales and aftersales operations. … Continue reading In Conversation with Orbitsys Tech’s Gurbinder Singh Dhillon