The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow. The government launched the Rs 25,938 crore output-linked incentive to boost domestic manufacturing of advanced… Continue reading Auto Inc invested Rs 14,043 crore till March end under PLI scheme for automobile, components
Tag: Suzuki
Curvv will not be a niche product: Tata Motors’ Vivek Srivatsa
Tata Motors has been conspicuous by its absence from the hotly contested midsize SUV segment, which registered 26% growth and sale of 741,447 units in FY2024, in the Indian passenger vehicle market. That will soon change with the arrival of the Curvv, which, instead of a traditional SUV bodystyle – something every other player offers… Continue reading Curvv will not be a niche product: Tata Motors’ Vivek Srivatsa
German FAZ: Tachograph 007301
Paris Auto Show with German BrandsGerman car manufacturers are returning to Paris: In addition to VW and Audi, BMW also wants to be represented at the auto show in the fall (October 14th to 20th), as “Automotive News” reports. Another strong-selling brand, Skoda, is making a comeback. Other participants include the French brands Citroen, DS,… Continue reading German FAZ: Tachograph 007301
FMS: The Future of Memory and Storage Summit: Harriet Coverston, inventor of archiving filesystems SAM-FS, SAM-QFS, VSM, selected for the 2024 SuperWomen of FMS Leadership Award
Award honors the contributions of women in the memory and storage industry SANTA CLARA, Calif., July 19, 2024 /PRNewswire/ — FMS: The Future of Memory and Storage recognized as the world’s foremost conference highlighting the key advancements, trends, and industry figures shaping the multi-billion-dollar high-speed memory, storage, and SSD markets, today announced that Harriet Coverston, CTO of Versity… Continue reading FMS: The Future of Memory and Storage Summit: Harriet Coverston, inventor of archiving filesystems SAM-FS, SAM-QFS, VSM, selected for the 2024 SuperWomen of FMS Leadership Award
Suzuki introduces new paint scheme for Access 125 and Burgman Street at unchanged prices
Suzuki has introduced a new paint scheme for the Access 125 and the Burgman Street, without changing their prices. The Access 125 and Burgman Street cost Rs 90,500 and Rs 98,299, respectively. Also, both scooters remain identical to their previous versions. The Suzuki Access 125 is now available in dual tones (Metallic Sonoma Red and… Continue reading Suzuki introduces new paint scheme for Access 125 and Burgman Street at unchanged prices
Lear (LEA) Acquires WIP to Optimize Operational Efficiency
Lear Corporation LEA, a global leader in automotive technology for Seating and E-Systems, has closed the acquisition of WIP Industrial Automation. The agreement for this acquisition was signed on Apr 29, 2024. The transaction’s terms were not disclosed. WIP, Lear’s supplier for 25 years, specializes in developing, integrating and deploying advanced automation technologies for production… Continue reading Lear (LEA) Acquires WIP to Optimize Operational Efficiency
Suzuki unveils five-pronged future tech strategy
Suzuki Motor Corporation has announced its technology strategy for the next decade. As per the company statement, the Japanese automaker will realise a “technology that minimizes energy consumption” from manufacturing to recycling, and aim for a carbon-neutral world while providing the joy of transportation to people all over the world. SMC has a five-pronged tech… Continue reading Suzuki unveils five-pronged future tech strategy
John Nicols Appointed Strategic Advisor to bitBiome
Former Codexis CEO will focus on accelerating the commercialization of bitBiome’s internal product pipeline TOKYO, July 16, 2024 /PRNewswire/ — bitBiome, Inc., a biotechnology company unlocking the potential of our planet’s microbes to power the future of the bioeconomy, today announced the addition of John Nicols as a key strategic advisor, further expanding their knowledge… Continue reading John Nicols Appointed Strategic Advisor to bitBiome
Premiumisation in India’s consumption continues unabated in first half of 2024
Sales of these vehicles grew at more than twice the rate of the overall industry – by 13% to nearly a million units in this period. The premiumisation story in consumption has continued unabated in the first half of calendar 2024, as per latest data from companies and researchers. This is even when there is… Continue reading Premiumisation in India’s consumption continues unabated in first half of 2024
Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3
Maruti Suzuki, India’s No. 1 car and SUV exporter for the past three fiscals (FY2024, FY2023 and FY2022) has taken an early lead in overseas shipments of made-in-India passenger vehicles. As per export data released by industry body SIAM, a total of 180,483 units were exported in April-June 2024, up 19% YoY (Q1 FY2024: 152,156… Continue reading Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3