NEW YORK, May 19, 2023 /PRNewswire/ — The logistics market is estimated to grow by USD 125.65 billion from 2022 to 2027. However, the growth momentum will be progressing at a CAGR of 2.12% during the forecast period. The market is segmented by end-user (consumer goods, automotive, food and beverage, healthcare, and manufacturing and others) and geography (APAC,… Continue reading Logistics Market size to grow at a CAGR of 2.12% from 2022 to 2027; Use of blockchain in logistics expected to be a major trend – Technavio
Tag: Manufacturing
Siemens to acquire Mass-Tech Controls’ EV division
The purchase consideration is INR 38 crore on a cash free and debt free basis and subject to other adjustments that are mutually agreed between the parties to the transaction. New Delhi: Siemens Limited signed an agreement on Friday to acquire the EV division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in… Continue reading Siemens to acquire Mass-Tech Controls’ EV division
For 37% of respondents next personal car will be an EV, finds survey
Government’s push and promotion of EV is also appreciated by the people. 37% of the respondents see this as a driver for them. Mumbai: The Techarc consumer insights report released on Friday says that 37% of the respondents it surveyed believe that their next vehicle will be an EV, though not very sure about when… Continue reading For 37% of respondents next personal car will be an EV, finds survey
EXCLUSIVE: Suzuki Motorcycle India plant shut for a week due to cyber-attack
Suzuki Motorcycle India – the Japanese two-wheeler maker has been compelled to stop production at its factories due to a “cyber-attack” on its operations. According to several people in the know, the production has been stalled since Saturday, May 10, and it is estimated to have incurred a production of loss of over 20,000 vehicles… Continue reading EXCLUSIVE: Suzuki Motorcycle India plant shut for a week due to cyber-attack
SC dismisses Tata Motors’ appeal against BEST e-buses tender
The Supreme Court on Friday dismissed an appeal by Tata Motors challenging the Brihanmumbai Electric Supply and Transport’s (BEST) decision to disqualify the company from a tender bid for supplying 2,100 electric buses in Mumbai. BEST had earlier disqualified Tata Motors’ bid as “technically non-responsive,” and awarded the contract to Hyderabad-based Evey Trans. The court… Continue reading SC dismisses Tata Motors’ appeal against BEST e-buses tender
SC dismisses Tata Motors’ appeal against BEST e-buses tender
The Supreme Court on Friday dismissed an appeal by Tata Motors challenging the Brihanmumbai Electric Supply and Transport’s (BEST) decision to disqualify the company from a tender bid for supplying 2,100 electric buses in Mumbai. BEST had earlier disqualified Tata Motors’ bid as “technically non-responsive,” and awarded the contract to Hyderabad-based Evey Trans. The court… Continue reading SC dismisses Tata Motors’ appeal against BEST e-buses tender
German Handelsblatt: Car manufacturer: Volkswagen withdraws completely from Russia006956
New VW cars in Kaluga The state-of-the-art factory is considered to be VW’s most important asset in Russia. (Photo: Reuters) The VW Group is selling its most important factory in Russia and is completely withdrawing from the country for the time being. The plant in Kaluga will be sold to the Avilon trading group, the… Continue reading German Handelsblatt: Car manufacturer: Volkswagen withdraws completely from Russia006956
Paradise Vietnam Group unveils Paradise Delight dining cruise featuring exclusive visual spectacle show on Halong Coast
HA LONG, Vietnam, May 18, 2023 /PRNewswire/ — Paradise Vietnam Group – the upmarket cruise line and leader in world-class maritime tourism – is thrilled to announce the launch of the Paradise Delight dining cruise at the end of April. Featuring exquisite fine dining and a visual spectacle show, the Paradise Delight cruise is designed exclusively for international tourists… Continue reading Paradise Vietnam Group unveils Paradise Delight dining cruise featuring exclusive visual spectacle show on Halong Coast
Tesla ‘serious’ on establishing India production, innovation base, minister says
[1/2] Indian Deputy Minister for Information Technology, Rajeev Chandrasekhar, speaks during an interview with Reuters at his office in New Delhi, India, May 19, 2023. REUTERS/Anushree Fadnavis NEW DELHI, May 19 (Reuters) – Tesla Inc (TSLA.O) is “serious” about its plans to establish a manufacturing base in India, the country’s deputy minister for technology told… Continue reading Tesla ‘serious’ on establishing India production, innovation base, minister says
Latin America to Witness Sales of More than 96,700 Units of Tractors in the Next 6 Years; Entry of John Deere, and AGCO have Significantly Transformed the Tractor industry in Latin America – Arizton
CHICAGO, May 17, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Latin America tractor market will grow at a CAGR of 4.31% during 2022-2028 To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3798 Continue Reading Latin America Tractor Market Browse In-Depth TOC on the Latin America Tractor Market 54 – Tables 68 – Charts … Continue reading Latin America to Witness Sales of More than 96,700 Units of Tractors in the Next 6 Years; Entry of John Deere, and AGCO have Significantly Transformed the Tractor industry in Latin America – Arizton