Rane Group chairman L Ganesh conferred Deming Award for TQM

L Ganesh, Chairman of the Chennai-based Rane Group, has been conferred with the prestigious Deming Award, one of the longest-running and highest recognitions globally. The prestigious award is in recognition of his outstanding contribution in dissemination and promotion (overseas) of Total Quality Management (TQM) Receiving the honour in Japan, L Ganesh is the third Indian and fifth globally… Continue reading Rane Group chairman L Ganesh conferred Deming Award for TQM

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

Cummins and Tata Motors ink MoU to develop hydrogen-powered CVs

Global power solutions and hydrogen technologies provider Cummins Inc has signed an MoU with Tata Motors, commercial vehicle market leader in India, to collaborate on the design and development of low and zero-emission propulsion technology solutions for commercial vehicles in India. These include hydrogen-powered internal combustion engines, fuel cells, and battery electric vehicle systems. The MoU… Continue reading Cummins and Tata Motors ink MoU to develop hydrogen-powered CVs

Yulu gets $9 million green loan nod from US government arm

Bajaj Auto-backed e-bike rental start-up Yulu Bikes said that the US government’s International Development Finance Corporation (DFC) has approved a green loan of $9 million (around Rs 73 crore). The institution’s nod comes as part of its fundraising push to accelerate the Bengaluru-based company’s last-mile mobility growth plans. “The process of the approval to disbursement… Continue reading Yulu gets $9 million green loan nod from US government arm

Yulu gets $9 million green loan nod from US government arm

Bajaj Auto-backed e-bike rental start-up Yulu Bikes said that the US government’s International Development Finance Corporation (DFC) has approved a green loan of $9 million (around Rs 73 crore). The institution’s nod comes as part of its fundraising push to accelerate the Bengaluru-based company’s last-mile mobility growth plans. “The process of the approval to disbursement… Continue reading Yulu gets $9 million green loan nod from US government arm

Samvardhana Motherson’s EV order book swells by Rs 20,000 crore in just six months

Samvardhana Motherson’s EV order book swells by Rs 20,000 crore in just six months As the zero emission mobility business scales a new peak globally, the electric vehicle (EV) order book for India’s largest automotive component major Samvardhana Motherson International (SAMIL) (formerly Motherson Sumi Systems) has shot up by Rs 20,000 crore in just first… Continue reading Samvardhana Motherson’s EV order book swells by Rs 20,000 crore in just six months

BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings

A little over a month after it unveiled the all-electric Atto 3 SUV when it also commenced bookings, BYD India has announced it’s the eco-friendly vehicle’s pricing: Rs 33.99 lakh (all-India, ex-showroom). The company claims it has received nearly 1,500 bookings for the Atto 3. BYD India will assemble the Atto 3 from semi-knocked down… Continue reading BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings

BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings

A little over a month after it unveiled the all-electric Atto 3 SUV when it also commenced bookings, BYD India has announced it’s the eco-friendly vehicle’s pricing: Rs 33.99 lakh (all-India, ex-showroom). The company claims it has received nearly 1,500 bookings for the Atto 3. BYD India will assemble the Atto 3 from semi-knocked down… Continue reading BYD India prices Atto 3 e-SUV at Rs 33.99 lakh, has 1,500 bookings