5G rollout approval promises plenty for auto sector

Picture is representational With the government giving approving the rollout of the 5G spectrum, the automotive sector will be looking to leveraging it for a variety of connected and smart vehicle applications. Damodar Sahu, Digital Strategist, Manufacturing & Automotive Industries, Wipro, said “With the advancement in Industry 4.0 and IoT (internet of things), the industry… Continue reading 5G rollout approval promises plenty for auto sector

Labour unrest ahead

Ford India’s Chennai plant will shut by the end of June By the end of this month, Ford and General Motors will have officially shut down their Indian operations marking an end to over two decades of achieving precious little in the process. By a remarkable coincidence, both the American brands set up two facilities… Continue reading Labour unrest ahead

Priyadarsi Bastia is new CFO at Pricol

Pricol has announced the appointment of  Priyadarsi Bastia as its new  Chief Financial Officer (CFO) in place of  PKrishnamoorthy who has tendered his resignation. The company in a regulatory filing informed that Bastia, aged 44 years comes with an overall experience of 22 years across corporate finance, accounting, taxation, treasury, product costing, budgeting, pricing, process controls and… Continue reading Priyadarsi Bastia is new CFO at Pricol

Citroen to bolster retail network as C3 arrives

With its upcoming hatchback, C3, that goes to market on July 20, the French carmaker Citroen has outlined its network expansion plans for India. The company aims to grow the number of physical outlets to 20 across 19 cities from the existing 11 in 10 cities. The number of outlets is slated to increase to… Continue reading Citroen to bolster retail network as C3 arrives

Ammann bags GR Infra order

Switzerland-based  Ammann Group, a global supplier of mixing plants, machines and services to the construction industry recently initiated the sale of its first recycled asphalt plant to GR Infraprojects. The asphalt plant will enable the Indian company to use up to 60 percent of recyclable raw materials for its construction projects.  Anand Sundaresan, managing director of  Ammann (India)… Continue reading Ammann bags GR Infra order

BASF expands production capacity of battery materials

BASF Shanshan Battery Materials, a BASF majority-owned company in China is expanding its battery materials capacity in Changsha, Hunan Province and Shuizuishan, Ningxia Province. The commissioning of the new lines will start from the fourth quarter of 2022. The expansion project will enable BSBM to achieve 100 kt annual capacity for cathode active materials (CAM).The… Continue reading BASF expands production capacity of battery materials

NRB to open global innovation centre in Dubai

NRB Bearing, one of India’s leading manufacturers of customised needle and cylindrical bearings  plans to set up a global innovation centre for advanced technologies at the Dubai International Financial Centre (DIFC). The centre will focus on building engineering capabilities around hybrid and e-mobility applications.  The DIFC is home to several of the leading global companies from… Continue reading NRB to open global innovation centre in Dubai

Adani, Total Energies to invest $50bn in green hydrogen

Picture is representational Adani Group has joined  hands with one of the world’s largest green hydrogen makers, Total Energies to create the world’s largest green hydrogen ecosystem and invest over $50 billion over the next 10 years. In the first phase, the company will develop green hydrogen production capacity of 1 million tonnes per annum… Continue reading Adani, Total Energies to invest $50bn in green hydrogen

Motorhomes sales to quadruple in FY23

JCBL,  a leading manufacturer of customised  mobility solutions that includes refrigerated vans, medicals vans, school buses and recreational vehicles such as motorhomes hopes to quadruple its sales in this fiscal thanks to the increasing popularity of caravan tourism. The company has orders-in hand for 50 units for motorhomes  at present. Rishi Aggarwal, MD, JCBL Group… Continue reading Motorhomes sales to quadruple in FY23