Filtration major Fleetguard is shifting gears to grab a significant share of India’s booming Rs 10,000 crore auto filtration market, eyeing a revenue range of Rs 2400–2500 crore from the segment this fiscal year. “That is the potential as far as automotive filters are concerned,” remarked Niranjan Kirloskar, MD, Fleetguard Filters, in an interview with Autocar… Continue reading Fleetguard eyes Rs 2,400–2,500 in revenue from auto filtration market
Tag: Strategy
@niche: Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers003110
Proposed Transaction Anticipated to Significantly Strengthen Xos’ Balance Sheet and Provide Growth Capital to Further Expand Xos’ Gross Margin Positive Vehicle Business Positions Combined Company for Sustainable Long-Term Value Creation with a Strengthened Financial Profile, a Substantial Backlog, and Strong Growth Potential Prospective Combined Company Expected to Benefit from Favorable Regulatory Tailwinds, Including California’s Mandate… Continue reading @niche: Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers003110
Ballistic Protection Material Market Set to Reach US$ 31,135.2 Million by 2033 Amid Rising Geopolitical Conflicts and Increasing Defense Budgets
Future Market Insights, Inc.’s forecast paints a robust picture for the ballistic protection material market, driven by a potent blend of military might and civilian prudence. Delve deeper into these trends and uncover lucrative opportunities for stakeholders in this ever-evolving market. NEWARK, Del., Jan. 11, 2024 /PRNewswire/ — The Global Ballistic Protection Material Market value is… Continue reading Ballistic Protection Material Market Set to Reach US$ 31,135.2 Million by 2033 Amid Rising Geopolitical Conflicts and Increasing Defense Budgets
Change in Valmet’s Executive Team
ESPOO, Finland, Jan. 12, 2024 /PRNewswire/ — Janne Pynnönen (M.Sc. Eng.) has been appointed Senior Vice President, Operational Development at Valmet as of February 1, 2024. He will be the member of Valmet’s Executive Team and report to President and CEO Pasi Laine. Janne Pynnönen began his career at Valmet in 2020, and he is… Continue reading Change in Valmet’s Executive Team
OKX Ventures Leads Strategic Investment Round for BeWater, a Web3 Venture Studio and Global Developer Platform
SINGAPORE, Jan. 12, 2024 /PRNewswire/ — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led an investment round in BeWater. BeWater is a Web3 venture studio and global developer platform that facilitates the development of open-innovation campaigns and events, including hackathons, in just 10… Continue reading OKX Ventures Leads Strategic Investment Round for BeWater, a Web3 Venture Studio and Global Developer Platform
India aims to slash green hydrogen cost to USD 1 per kg by 2030: Amitabh Kant
NITI Aayog chief executive Amitabh Kant New Delhi: India’s G20 Sherpa and former NITI Aayog chief executive Amitabh Kant emphasized the country’s strategic shift towards a circular economy, citing its potential to foster environmental conservation, economic growth, and job creation. Speaking at the ‘FICCI Circular Economy Symposium’, Kant set forth an ambitious target for India… Continue reading India aims to slash green hydrogen cost to USD 1 per kg by 2030: Amitabh Kant
India surpasses Japan to become third-largest auto market, eyes top spot in EV sector by 2047
Emphasizing India’s potential under PM Modi’s leadership, the minister urged the auto industry to capitalize on this momentum to make India the leading global hub for automobile manufacturing New Delhi: India has overtaken Japan to become the world’s third-largest automobile market, informed Union minister for road transport & highways Nitin Gadkari, at the Vibrant Gujarat… Continue reading India surpasses Japan to become third-largest auto market, eyes top spot in EV sector by 2047
WaveBL Secures an Additional Funding of $11M for a Total Series B Funding of $37 Million
WILMINGTON, Del., Jan. 11, 2024 /PRNewswire/ — WaveBL, the market leader in the digital trade document sector, announced today that it has raised an additional $11 million from new investors who specialize in the bulk-liquid and smart logistics sectors. This additional amount adds to the Series B funding, which was led by NewRoad Capital Partners,… Continue reading WaveBL Secures an Additional Funding of $11M for a Total Series B Funding of $37 Million
Bamboo Rose Achieves Remarkable Growth in 2023 with Acquisitions, Revenue Surge, and Leadership Team Expansion
BOSTON, Jan. 11, 2024 /PRNewswire/ — Bamboo Rose, the leading collaborative product development, sourcing, and supply chain platform for global retailers and brands, is thrilled to announce its massive expansion and milestone achievements in 2023. With strategic acquisitions, record revenue growth, and the addition of key leaders, Bamboo Rose has solidified its position as a… Continue reading Bamboo Rose Achieves Remarkable Growth in 2023 with Acquisitions, Revenue Surge, and Leadership Team Expansion
Automotive Pumps Market to Reach $27.02 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research
Rise in fleet of electric and hybrid vehicles, stringent government regulations on emission norms, and development of autonomous vehicles drive the growth of the global automotive pumps market. WILMINGTON, DEL., Jan. 11, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Pumps Market by Type (Fuel Injection Pump, Fuel Pump, Water Pump, Vacuum Pump, and Others),… Continue reading Automotive Pumps Market to Reach $27.02 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research