The 11th edition of the world’s largest International Plastics Exhibition, Conference, and Convention – PLASTINDIA 2023 is being held at Pragati Maidan, New Delhi from February 1-5, 2023. The five-day exhibition promises to be action-packed with conferences, B2B partner meetings and collaborations, and interactions with over 200,000 + visitors footfall. The event brings together Government… Continue reading “PLASTINDIA 2023” opens at Pragati Maidan, New Delhi
Author: Autocar_Professional India Online News
Schwing Stetter India launches 14 new products at Bauma 2023
Schwing Stetter India, one of the country’s leading construction and concreting equipment manufacturers, had unveiled 14 new products at the Bauma CONEXPO India 2023, New Delhi, held from January 31 to February 3. Nitin Gadkari, Union Minister for Road Transport & Highways, launched one of the key products during the event. With this new product… Continue reading Schwing Stetter India launches 14 new products at Bauma 2023
ContiTech’s strategic business realignment to see enhanced synergies from automotive
ContiTech’s strategic business realignment to see enhanced synergies from automotive Continental is strategically realigning its ContiTech group sector with the aim of increasing effectiveness and efficiency as well as customer and market proximity. To this end, the group sector, which specializes in material-driven solutions, will focus even more strongly on the expansion of its industrial… Continue reading ContiTech’s strategic business realignment to see enhanced synergies from automotive
Quest Global to use Nvidia’s Omniverse digital twin solutions for manufacturing industry
Quest Global to use Nvidia’s Omniverse digital twin solutions for manufacturing industry Quest Global, a leading global engineering services firm, has announced its development of new services and solutions, based on the Nvidia Omniverse Enterprise platform. These new services and solutions will assist in delivering the best 3D visualisation, simulation, design collaboration and digital twin… Continue reading Quest Global to use Nvidia’s Omniverse digital twin solutions for manufacturing industry
Maruti Suzuki Jimny gets over 15,000 bookings in three weeks
Following the global reveal of the five-door Jimmy SUV at Auto Expo 2023 on January 12, and opening of bookings on the same day, Maruti Suzuki India has already received over 15,000 bookings for the offroaders. The Jimny five-door is expected to go on sale in May 2023 and will be retailed through Maruti’s premium… Continue reading Maruti Suzuki Jimny gets over 15,000 bookings in three weeks
Apollo Tyres Q3 revenue up 13 percent; 9M revenue up 19 percent
Apollo Tyres has reported in a regulatory filing that the company’s standalone net profit for the quarter ended December 2022 has increased more than twofold to Rs 138 crore from the year-earlier period on strong performance. Revenue from operations was up 13 percent to close at Rs 6,423 crores, as against Rs 5,707 crores in Q3… Continue reading Apollo Tyres Q3 revenue up 13 percent; 9M revenue up 19 percent
78 percent jump in FAME 2 subsidies outlay in Budget 2023 evokes mixed reactions from industry
78 percent jump in FAME 2 subsidies outlay in Budget 2023 evokes mixed reactions from industry Finance Minister Nirmala Sitharaman almost doubling FAME 2 Subsidies outlay with a 78 percent jump over FY23 allocations has evoked mixed reactions from domestic EV players. Speaking to Autocar Professional, Sohinder Gill, Director General of industry body Society of Manufacturers of Electric… Continue reading 78 percent jump in FAME 2 subsidies outlay in Budget 2023 evokes mixed reactions from industry
Yulu-Magna collaboration spawns new Battery-as-a-Service company
Global automotive Tier-1 giant Magna International’s major capital investment of US$ 77 million (Rs 613 crore) in Indian electric mobility service start-up Yulu, along with its investment into a new joint-venture energy company, in September 2022, has borne fruit in the form of a new battery-as-a-service (BaaS) brand – Yuma Energy. Yuma Energy has showcased its next-generation… Continue reading Yulu-Magna collaboration spawns new Battery-as-a-Service company
Yulu-Magna collaboration spawns new Battery-as-a-Service company
Global automotive Tier-1 giant Magna International’s major capital investment of US$ 77 million (Rs 613 crore) in Indian electric mobility service start-up Yulu, along with its investment into a new joint-venture energy company, in September 2022, has borne fruit in the form of a new battery-as-a-service (BaaS) brand – Yuma Energy. Yuma Energy has showcased its next-generation… Continue reading Yulu-Magna collaboration spawns new Battery-as-a-Service company
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia TVS Motor Company, in a strategic move to expand its global footprint, has announced its association with Singapore-based tech company Ion Mobility. The Chennai-based two- and three-wheeler manufacturer has entered into an investment agreement with an aim to provide Ion the… Continue reading TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia