Suzuki and Tata Elxsi unveil ‘SUZUKI-TATA ELXSI Offshore Development Center’

Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, and Tata Elxsi, a global leader in design and technology services, today inaugurated the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This dedicated center will drive Suzuki’s innovations in advanced engineering, shaping the future of mobility. Tata Elxsi will support Suzuki in its green mobility vision… Continue reading Suzuki and Tata Elxsi unveil ‘SUZUKI-TATA ELXSI Offshore Development Center’

Suzuki and Tata Elxsi Launch ‘SUZUKI-TATA ELXSI Offshore Development Center’

Strategic Partnership to Drive Sustainable and Future-Ready Automotive Innovation KAWASAKI, Japan and PUNE, India, Nov. 18, 2024 /PRNewswire/ — Suzuki Motor Corporation, a Japanese multinational mobility manufacturer, and Tata Elxsi, a global leader in design and technology services, today inaugurated the ‘SUZUKI-TATA ELXSI Offshore Development Center’ in Pune, India. This dedicated center will drive Suzuki’s… Continue reading Suzuki and Tata Elxsi Launch ‘SUZUKI-TATA ELXSI Offshore Development Center’

OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

Indian truck manufacturers, including Tata Motors and Ashok Leyland, advocated for component-level incentives and long-term asset utilization to boost the effectiveness of the Rs 500 crore PM E-Drive subsidy for electric trucks, during a consultative meeting hosted by the Ministry of Heavy Industries. Leaders from original equipment manufacturers (OEMs) asked the government to undertake programs… Continue reading OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

Indian truck manufacturers, including Tata Motors and Ashok Leyland, advocated for component-level incentives and long-term asset utilization to boost the effectiveness of the Rs 500 crore PM E-Drive subsidy for electric trucks, during a consultative meeting hosted by the Ministry of Heavy Industries. Leaders from original equipment manufacturers (OEMs) asked the government to undertake programs… Continue reading OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive

Setco Auto records highest ever revenue in H1FY25 led by strong demand

Setco Automotive Ltd, one of India’s largest Medium and Heavy Commercial Vehicles (MHCV) clutch manufacturers, reported a 10% increase in revenue from operations in Q2 FY25 to Rs 159.9 crore up from Rs 145.7 crore in Q2 FY24. The company’s EBITDA for Q2 FY25 was Rs 26.0 crore, a 104% year-on-year growth from Rs 12.7… Continue reading Setco Auto records highest ever revenue in H1FY25 led by strong demand

Dealers use toolkit to bolster carbon credentials

Dealer groups have gained Carbon Literate Status having been trained by the Automotive Carbon Literacy Toolkit. “The toolkit contains materials an organisation requires to educate and accredit its employees in Carbon Literacy, including tailored training content, a trainer guide, detailed resources, and dedicated support from a member of the Carbon Literacy Project team. The toolkit… Continue reading Dealers use toolkit to bolster carbon credentials

Blockchain Technology Market to grow by USD 11.05 Billion (2023-2027), driven by rising venture capital investments. Report on AI’s impact on market trends – Technavio

NEW YORK, Nov. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global blockchain technology market size is estimated to grow by USD 11.05 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  32.72%  during the forecast period. Increasing venture capital funding and investing… Continue reading Blockchain Technology Market to grow by USD 11.05 Billion (2023-2027), driven by rising venture capital investments. Report on AI’s impact on market trends – Technavio

A veteran steps away: Ashish Tandon exits Tata Motors

Ashish Tandon, a seasoned executive and key architect behind Tata Motors’ small commercial vehicle (SCV) strategy, has resigned from his post, sources close to the matter revealed. Tandon, who held the title of Senior General Manager, informed colleagues of his departure through an internal email. Efforts to secure a comment from Tata Motors’ spokesperson went… Continue reading A veteran steps away: Ashish Tandon exits Tata Motors

Renault India announces nationwide Winter Service Camp

Renault India has announced the launch of a nationwide after-sales initiative, the Renault Winter Camp. This service camp will be held from November 18 to November 24, 2024, across all Renault service facilities in India.   The camp aims to ensure optimal vehicle performance through a comprehensive 44-point check-up conducted by Renault’s trained technicians. Key… Continue reading Renault India announces nationwide Winter Service Camp