SJS Enterprises which makes decorative products for the automotive segment recorded consolidated revenues of Rs 104.1 crore in the fourth quarter of fiscal 2022, a growth of 13.4 percent quarter on quarter as compared to the 2 percent growth quarter-on-quarter of the combined production volumes for both PVs and CV segments. For fiscal 2022, the Bengaluru-based… Continue reading SJS adds Stellantis to client kitty
Author: Autocar_Professional India Online News
ABB E-mobility acquires controlling interest in Numocity
ABB’s e-mobility division has agreed to acquire a controlling stake in Numocity, a digital platform for electric vehicle charging in India. ABB will increase its shareholding to a controlling majority of 72 percent and has the right to become the sole owner by 2026. However, financial terms of the transaction were not disclosed. ABB had… Continue reading ABB E-mobility acquires controlling interest in Numocity
Pricol inaugurates Centre of excellence
Pricol Limited, one of India’s leading automotive technology companies, announced the inaugaration of a Centre of Excellence (CoE) in association with PSg College of Technology, Coimbatore. The PSG – Pricol Centre of Excellence was inaugurated jointly by Vikram Mohan, Managing Director, Pricol Limited and L. Gopalakrishnan, Managing Trustee, PSG Institutions in the presence of the… Continue reading Pricol inaugurates Centre of excellence
Rajratan’s global growth ambitions on track
Rajratan Global Wire, one of the world’s largest bead wire manufacturers expects its volumes to increase by at least 20-25 percent in the current fiscal buoyed by a rebound in economic activities and ongoing production debottlenecking exercises at its plants in India and Thailand. The company management’s optimism for increased volumes stems from various industry… Continue reading Rajratan’s global growth ambitions on track
Stellantis appoints Rahul Rajupalepu as new head of Global Digital Hub in India
Stellantis has named Rahul Rajupalepu as the new Head of its Global Digital Hub in India. He succeeds Karim Lalani, who has taken up a new role as the Chief Technology Officer – North America ICT and Digital within the Stellantis Group. Rajupalepu joins Stellantis with nearly three decades of experience in IT and have held… Continue reading Stellantis appoints Rahul Rajupalepu as new head of Global Digital Hub in India
Shell Lubricants India’s new growth mantra
Shell Lubricants India, one of India’s oldest lubes players, aims to double its retail footprint in next 3-4 years by strengthening its network, investing additional resources, and enhancing organisational capabilities through digital solutions and channel upskilling programmes. In an interaction with Autocar Professional, Debanjali Sengupta, Country Head, Shell Lubricants India said, “India is one of… Continue reading Shell Lubricants India’s new growth mantra
BILITI Electric appoints Mark Joseph to its board
BILITI Electric, an electric vehicle manufacturer in the US, has announced the appointment of mobility veteran Mark Joseph to its Board of Directors. Having over 30 years of leadership experience, Mark previously worked with both public and private transportation organizations across US, Canada, UK, Ireland, and South America. Currently, he is serving as the CEO of… Continue reading BILITI Electric appoints Mark Joseph to its board
Pluss’ quest for safe batteries gains momentum
Pluss Advanced Technologies (Pluss), promoted by Carborundum Universal (CUMI, part of the Murugappa Group) is working on a solution to tackle thermal runaway and is confident that it has the answer to the problem. The materials research and manufacturing company is working in the phase change materials (PCMs) for thermal energy storage and speciality polymeric… Continue reading Pluss’ quest for safe batteries gains momentum
Hyundai Venue sales cross the 300,000 mark
Hyundai Motor India’s Venue sales have crossed the 300,000 mark since its launch in 2019. Tarun Garg, Director (Sales, Marketing & Service), Hyundai said, “The success of Hyundai Venue is proof of customer love for our hi-tech and feature packed product offerings.“ The company positioned the car as India’s first connected SUV, featuring Advanced Bluelink connected… Continue reading Hyundai Venue sales cross the 300,000 mark
Ashok Leyland partners Africa’s ETG Logistics
Ashok Leyland announced a new distribution partnership in Sub-Saharan Africa with ETG Group’s logistics, warehousing and distribution vertical, ETG Logistics (ETGL). With this agreement, ETGL will operate dealerships for Ashok Leyland in six key southern African countries. Amandeep Singh, Head International Operations, Ashok Leyland said, “We have ambitious growth plans for the African Market.ETG group’s… Continue reading Ashok Leyland partners Africa’s ETG Logistics