View: India can’t afford to lose the world’s trust on trade

Modi himself is intensely attuned to international perceptions of India. Yet he keeps on being forced into embarrassing climbdowns by his own government. Indian Prime Minister Narendra Modi often speaks of “trusted” supply chains. At the G-20 last year, he said that global supply chains depend upon “trust, transparency, and timeframes”; he’s made a similar… Continue reading View: India can’t afford to lose the world’s trust on trade

Private equity to boost EV foray of Greaves Cotton

Greaves Cotton through its electric vehicles (EV) subsidiary has become the second listed company after Tata Motors to tap overseas private equity to fund the EV venture. Abdul Latif Jameel International (ALJI), a Saudi based fund, will invest $150 million (Rs 1,160 crore) for 35.8% stake in Greaves Electric Mobility (GEM). This values the latter… Continue reading Private equity to boost EV foray of Greaves Cotton

Auto sales in May 2022: All segments move up from the pandemic-marred low base of May 2021

For the passenger vehicle segment in May 2022, there were production constraints owing to the semiconductor shortage. New Delhi: The good news is that all segments of the automobile industry were in the green in May 2022. This comes after a long time and looks like a real relief. But the not-so-good news is that… Continue reading Auto sales in May 2022: All segments move up from the pandemic-marred low base of May 2021

ZKW honored with German Innovation Award and GM/Geely Supplier Awards

International awards for smart innovations and high delivery reliability and quality WIESELBURG, Austria, June 2, 2022 /PRNewswire/ — ZKW has received no less than three top-class awards in recent months. At the German Innovation Awards, the lighting systems specialist’s “Black Box” won in the “Excellence in Business to Business – Machines & Engineering” category. The… Continue reading ZKW honored with German Innovation Award and GM/Geely Supplier Awards

Martin Uhlarik: ‘We look at design through the lens of sustainability’

How do you see global warming or climate change impact automotive design?As a company we have to make sure we are in sync with these global targets and objectives (to rein in global warming). A designer’s job is to find solutions to problems. So this is not seen as a crisis but an opportunity —… Continue reading Martin Uhlarik: ‘We look at design through the lens of sustainability’

May sales provide feel-good factor

Sales across all automotive segments including passenger vehicles, two wheelers, commercial vehicles and tractors advanced at a brisk pace year-on-year in May 2022.  However, these numbers have to be seen in the context of lower volumes in the year-earlier month, as a result of a devastating second wave of the pandemic that led to lockdowns and… Continue reading May sales provide feel-good factor