Bridgestone India to invest Rs 600 crore for expansion

Bridgestone India, part of Bridgestone Corporation, has announced that it would be investing Rs 600 crores to meet the increasing demand for passenger tyres in the country. The investment will not only upgrade technology but also increase capacity at its Chakan plant in Pune. The said investment will be spread over a period of three… Continue reading Bridgestone India to invest Rs 600 crore for expansion

Bridgestone India to invest Rs 600 crores for expansion

Bridgestone India, part of Bridgestone Corporation, on Monday announced that it would be investing Rs 600 crores to meet the increasing demand for passenger tyres in the country. The investment will not only upgrade technology but also increase capacity at its Chakan plant in Pune. The said investment will be spread over a period of… Continue reading Bridgestone India to invest Rs 600 crores for expansion

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth The real-world vehicle sales numbers for the first month of CY2023 are out. Total retail sales of 18,26,669 units across five vehicle categories in January 2023 reflect a 13.56% year-on-year increase (January 2022: 16,08,505 units). As per the retail… Continue reading India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth The real-world vehicle sales numbers for the first month of CY2023 are out. Total retail sales of 18,26,669 units across five vehicle categories in January 2023 reflect a 13.56% year-on-year increase (January 2022: 16,08,505 units). As per the retail… Continue reading India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth The real-world vehicle sales numbers for the first month of CY2023 are out. Total retail sales of 18,26,669 units across five vehicle categories in January 2023 reflect a 13.56% year-on-year increase (January 2022: 16,08,505 units). As per the retail… Continue reading India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth The real-world vehicle sales numbers for the first month of CY2023 are out. Total retail sales of 18,26,669 units across five vehicle categories in January 2023 reflect a 13.56% year-on-year increase (January 2022: 16,08,505 units). As per the retail… Continue reading India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth The real-world vehicle sales numbers for the first month of CY2023 are out. Total retail sales of 18,26,669 units across five vehicle categories in January 2023 reflect a 13.56% year-on-year increase (January 2022: 16,08,505 units). As per the retail… Continue reading India Auto Inc retails up 14% in January, all segments other than tractors log double-digit growth

Bike Bazaar closes Series D equity funding of Rs 250 crore

Bike Bazaar – a leading pre-owned two-wheeler financing company has closed its Series D round of funding with a total equity raise of Rs 250 crore. The company on Monday announced that it has raised Rs 82 crores (USD 10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group, who… Continue reading Bike Bazaar closes Series D equity funding of Rs 250 crore

Bike Bazaar closes Series D equity funding of Rs 250 crore

Bike Bazaar – a leading pre-owned two-wheeler financing company has closed its Series D round of funding with a total equity raise of Rs 250 crore. The company on Monday announced that it has raised Rs 82 crores (USD 10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group, who… Continue reading Bike Bazaar closes Series D equity funding of Rs 250 crore

‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park

‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park With SUVs at the core of Kia’s model range in India, the South Korean car maker has taken advantage of the SUV boom and has outperformed the market with stellar growth ever since it entered India in 2018.… Continue reading ‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park