Bharat Seats reports fire incident at Maruti Udyog JV Complex plant in Gurugram

Bharat Seats Ltd reported a fire incident at its plant in the Maruti Udyog Joint Venture complex in Gurugram this morning.  “This is to inform you that on May 31, 2024, at around 10:30 a.m., fire occurred at Bharat Seats Limited plant at Plot No. 1, Maruti Udyog Joint Venture Complex, Gurgaon,” the company said… Continue reading Bharat Seats reports fire incident at Maruti Udyog JV Complex plant in Gurugram

Bharat Seats reports fire at Maruti Udyog complex plant in Gurugram

Bharat Seats Ltd said there was a fire incident at its plant in the Maruti Udyog Joint Venture complex in Gurugram on Friday morning.  Bharat Seats is a joint venture between Suzuki Motor Corp, Maruti Suzuki India, and Rohit Relan and Associates, manufacturing seating systems and interior components for automotive and surface transport. It has… Continue reading Bharat Seats reports fire at Maruti Udyog complex plant in Gurugram

Maruti Suzuki partners with DBS Bank India for Dealer Financing Solutions

Maruti Suzuki India Limited (MSIL) has signed a Memorandum of Understanding (MoU) with DBS Bank India Limited for dealer inventory funding. This new alliance further enhances comprehensive inventory funding options for over 3863 Maruti Suzuki sales outlets across the country. Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India Limited, said, “This partnership… Continue reading Maruti Suzuki partners with DBS Bank India for Dealer Financing Solutions

National Stock Exchange launches India’s first electric vehicle index

India now has its first index on the stock exchange to track the performance of companies in the electric vehicle ecosystem. On Thursday, National Stock Exchange’s index services subsidiary NSE Indices Ltd launched a new thematic index – the Nifty EV & New Age Automotive index. The index will track the performance of companies that… Continue reading National Stock Exchange launches India’s first electric vehicle index

National Stock Exchange launches India’s first electric vehicle index

India now has its first index on the stock exchange to track the performance of companies in the electric vehicle ecosystem. On Thursday, National Stock Exchange’s index services subsidiary NSE Indices Ltd launched a new thematic index – the Nifty EV & New Age Automotive index. The index will track the performance of companies that… Continue reading National Stock Exchange launches India’s first electric vehicle index

National Stock Exchange launches India’s first electric vehicle index

India now has its first index on the stock exchange to track the performance of companies in the electric vehicle ecosystem. On Thursday, National Stock Exchange’s index services subsidiary NSE Indices Ltd launched a new thematic index – the Nifty EV & New Age Automotive index. The index will track the performance of companies that… Continue reading National Stock Exchange launches India’s first electric vehicle index

National Stock Exchange launches India’s first electric vehicle index

India now has its first index on the stock exchange to track the performance of companies in the electric vehicle ecosystem. On Thursday, National Stock Exchange’s index services subsidiary NSE Indices Ltd launched a new thematic index – the Nifty EV & New Age Automotive index. The index will track the performance of companies that… Continue reading National Stock Exchange launches India’s first electric vehicle index

National Stock Exchange launches India’s first electric vehicle index

India now has its first index on the stock exchange to track the performance of companies in the electric vehicle ecosystem. On Thursday, National Stock Exchange’s index services subsidiary NSE Indices Ltd launched a new thematic index – the Nifty EV & New Age Automotive index. The index will track the performance of companies that… Continue reading National Stock Exchange launches India’s first electric vehicle index

Auto OEMs look to skies for rains as FY25 gets to a slow start

Analysts project mid-single digit growth rates for passenger vehicles and high single digit for two wheelers while tractors are expected to grow after a year of lull. New Delhi: By all accounts, India’s automobile industry is expected to take a breather this fiscal as sales across vehicle segments are likely to slow down after a… Continue reading Auto OEMs look to skies for rains as FY25 gets to a slow start

Gabriel India to double sunroof capacity by FY25 end

Gabriel India Ltd. aims to double its sunroof production capacity to 400,000 units by the end of this fiscal year, to meet demand from Hyundai and Kia Motors and other potential customers. The flagship company of Anand Group has secured additional business from Hyundai, and expects significant volume from Kia, prompting the expansion announced by Manoj Kolhatkar,… Continue reading Gabriel India to double sunroof capacity by FY25 end