Alicon Castalloy Ltd., an automotive components manufacturer, announced on September 5, 2025, that its Board of Directors has approved the appointment of Sumit Bhatnagar as Chief Executive Officer-Designate, effective September 22, 2025. The decision follows recommendations from the company’s Nomination and Remuneration Committee. Bhatnagar will succeed current CEO Rajeev Sikand, who is scheduled to superannuate… Continue reading Alicon Castalloy Announces Leadership Succession with New CEO Appointment
Category: US Motoring Press
Alicon Castalloy Announces Leadership Succession with New CEO Appointment
Alicon Castalloy Ltd., an automotive components manufacturer, announced on September 5, 2025, that its Board of Directors has approved the appointment of Sumit Bhatnagar as Chief Executive Officer-Designate, effective September 22, 2025. The decision follows recommendations from the company’s Nomination and Remuneration Committee. Bhatnagar will succeed current CEO Rajeev Sikand, who is scheduled to superannuate… Continue reading Alicon Castalloy Announces Leadership Succession with New CEO Appointment
Mercedes-Benz India to Pass Full GST Reduction Benefits to Customers
Mercedes-Benz India announced it will transfer the complete benefit of reduced Goods and Services Tax (GST) rates directly to customers, following the government’s revision of tax slabs on passenger vehicles. The new GST structure will take effect from September 22, 2025, subject to the issuance of necessary government notifications. Under the revised tax structure, all… Continue reading Mercedes-Benz India to Pass Full GST Reduction Benefits to Customers
Mercedes-Benz India to Pass Full GST Reduction Benefits to Customers
Mercedes-Benz India announced it will transfer the complete benefit of reduced Goods and Services Tax (GST) rates directly to customers, following the government’s revision of tax slabs on passenger vehicles. The new GST structure will take effect from September 22, 2025, subject to the issuance of necessary government notifications. Under the revised tax structure, all… Continue reading Mercedes-Benz India to Pass Full GST Reduction Benefits to Customers
India Bets Rs 1,500 Crore on Critical Mineral Recycling, but Can It Avoid the Plastic Trap?
The Indian government’s ambitious Rs 1,500 crore incentive scheme for critical mineral recycling, approved on September 3, 2025, apparently seems to be a pragmatic recognition that the nation’s clean energy transition including that for automobiles hinges on not only scorching on new technologies, exploring abundant supplies of critical materials, but also on mastering the circular… Continue reading India Bets Rs 1,500 Crore on Critical Mineral Recycling, but Can It Avoid the Plastic Trap?
India Bets Rs 1,500 Crore on Critical Mineral Recycling, but Can It Avoid the Plastic Trap?
The Indian government’s ambitious Rs 1,500 crore incentive scheme for critical mineral recycling, approved on September 3, 2025, apparently seems to be a pragmatic recognition that the nation’s clean energy transition including that for automobiles hinges on not only scorching on new technologies, exploring abundant supplies of critical materials, but also on mastering the circular… Continue reading India Bets Rs 1,500 Crore on Critical Mineral Recycling, but Can It Avoid the Plastic Trap?
Local Price, Global Quality: CASE Bets on India for Growth
CASE Construction Equipment, a subsidiary of CNH Industrial Group, is positioning India as a critical hub for both domestic sales and the global scale. The company, which manufactures excavators, loaders, compaction rollers, and other machinery, is using its Pithampur facility not just to serve local customers but to supply machines globally. A senior official underlined… Continue reading Local Price, Global Quality: CASE Bets on India for Growth
Local Price, Global Quality: CASE Bets on India for Growth
CASE Construction Equipment, a subsidiary of CNH Industrial Group, is positioning India as a critical hub for both domestic sales and the global scale. The company, which manufactures excavators, loaders, compaction rollers, and other machinery, is using its Pithampur facility not just to serve local customers but to supply machines globally. A senior official underlined… Continue reading Local Price, Global Quality: CASE Bets on India for Growth
Motherson Charts $108 Billion Vision 2030, Targets 33% CAGR Through Diversification and Acquisitions
Auto component major Motherson Group, has unveiled an ambitious “Vision 2030” plan, targeting a staggering $108 billion in gross revenues by fiscal year 2030. This aspirational goal, shared during a recent analyst meet, marks a significant leap from its $25.7 billion revenue in FY25, projecting a robust 33% Compound Annual Growth Rate (CAGR) over the… Continue reading Motherson Charts $108 Billion Vision 2030, Targets 33% CAGR Through Diversification and Acquisitions
Motherson Charts $108 Billion Vision 2030, Targets 33% CAGR Through Diversification and Acquisitions
Auto component major Motherson Group, has unveiled an ambitious “Vision 2030” plan, targeting a staggering $108 billion in gross revenues by fiscal year 2030. This aspirational goal, shared during a recent analyst meet, marks a significant leap from its $25.7 billion revenue in FY25, projecting a robust 33% Compound Annual Growth Rate (CAGR) over the… Continue reading Motherson Charts $108 Billion Vision 2030, Targets 33% CAGR Through Diversification and Acquisitions