R Ravichandran

Articles By R Ravichandran

158 Articles

Indian textile sector on upswing: Ind-Ra

The domestic demand for textiles is likely to remain robust from end-user segments, supported by a strong rise in private consumption expenditure during the rest of FY19.

Indian textile sector, Us dollar, India Ratings and Research,  Indian rupee

Pre-owned luxury car market on high growth path

The used luxury car market in India is growing at double the speed of new luxury vehicles segment

pre owned luxury car market, GST, Droom, Truebil, Hyundai Creta, Mercedes benz, BMW, audi

Textile exports turn around in July, see positive momentum on measures taken by government

The Indian textile and clothing industry is finally on the verge of a turnaround.

textile, textile industry

Kerala floods to hit tyre industry, says ATMA

The incessant rains and floods in Kerala will cast a huge shadow on the natural rubber production and will in turn put pressure on the tyre industry, which is already facing widening gap in demand and supply.

Kerala floods to hit tyre industry, says ATMA

Nexon gets 4-star rating from GNCAP

Indigenously made Tata Nexon, a compact SUV from Tata Motors, has got four star ratings from Global New Car Assessment Programme (GNCAP), a UK-based independent body that conducts crash safety tests on cars across the world.

Elgi acquires Australia’s Pulford Air and Gas

Elgi Equipments on Wednesday announced that it has completely acquired Australia-based FR Pulford & Son, along with its wholly-owned subsidiary Advanced Air Compressors, doing business as Pulford Air and Gas.

Hyundai to drive in electric SUV in India next year

Had showcased EV models Ioniq and Kona during the Auto Expo earlier this year.

hyndai, hyndai motors

Textile sector faces up to Rs 1,500-cr losses

The ongoing indefinite strike of transporters has cast a shadow on the $130-billion textile industry which is facing a staggering loss of up to Rs 1,500 crore.

bus strike. strike

M&A deals in auto sector go up by 35 percent in first half of 2018

Eighteen deals worth $500 million were sealed during the period compared with 14 deals worth $371 million in the same period in 2017, a report said.

ITC refund rule to cut fabrics prices by 3-4%: Industry

The GST Council’s decision to allow refund of accumulated input tax credit (ITC) at the fabric stage could reduce fabric prices by 3-4% and ultimately help consumers, apart from improving competitiveness in the export marke

Garment exports continue to fall in April-June

Readymade garment exports (RMG) in the first three months of current fiscal (April to June) declined by 16.57% to Rs 27,103 crore as compared to Rs 31,594 crore in the same period of last fiscal.

Changes in truck axle norms to impact fleet utilisation, sales: Crisil

The new norms on axle load, expected to be announced by the government soon, will alter the landscape for commercial vehicles (CVs) in the country.

commercial vehicles,  gross vehicle weight,  truck axle load limits, Crisil

Ashok Leyland to merge LCV units with itself, files for regulatory nods

Hinduja group flagship Ashok Leyland has decided to merge its light commercial vehicle subsidiaries such as Ashok Leyland Vehicles, Ashley Powertrain and Ashok Leyland Technologies, with itself, subject to necessary regulator

Demand for pre-owned vehicles grows 15% annually: Olx report

India’s pre-owned automobile market is growing at 15% year-on-year, supported by a fast-growing base of young population, rapid urbanisation, changing consumer needs and internet penetration.

vehicle industry, three wheeler, three wheeler industry, 3-wheeler industry, domestic sales, exports boost, 3-wheeler industry grows

Wedding services largely unorganised, this presents good opportunity for us: Murugavel Janakiraman

The journey to become India’s largest and most trusted matrimony service has been good and fulfilling. We are quite excited about the journey ahead.

Wedding services, Murugavel Janakiraman, Bharat Matrimony, Matrimony

Three-wheeler companies’ exports equal domestic sales in April

The three-wheeler industry has started FY19 with a bang. The industry, which posted a 30% growth in FY18 to cross the 10-lakh-unit mark, has reported a whopping 63% growth in April, the first month of the current fiscal, to 9

three wheeler companies, vehicles companies, auto, rickshaw, sales

Eicher bets on Royal Enfield to drive future growth

The company has announced an investment of Rs 800 crore to ramp up production capacity as well introducing new products in the current fiscal, said Siddhartha Lal, managing director and CEO, Eicher Motors Limited.

eicher, royal enfield, royal enfield growth, india

Elections, infra boost to push cement demand, says report

The cement production in India is expected to cross 310 million tonne during the current fiscal, with a rise of 6.5%, a marginal increase over previous fiscal’s 6.3% growth.

infrastructure, real estate sector

Tirupur comes to Tripura to address labour shortage

SIMA, the country’s largest spinning mills association, has decided to directly recruit thousands of job seekers for its member companies to address the increasing labour shortage.

sima, tripura, spinning mills, tamil nadu

Our R&D is working on cost-effective tech for global markets, says MD of Yamaha Motor Research & Development India

Japanese auto major Yamaha says its R&D centre in Chennai is collaborating with other R&D centres across the globe to develop advanced technologies, including for cost-effective BS VI and electric vehicles meant for Indian an

In an exclusive interview with FE’s R Ravichandran, Yasuo Ishihara, managing director, Yamaha Motor Research & Development India (YMRI), dwells on the company’s strategies.

Cycle makers urge govt to halt dumping

The All India Cycle Manufacturers’ Association (AICMA) on Thursday strongly urged the Centre to halt the dumping of cheap Chinese bicycles used for public bicycle sharing (PBS) schemes in India.

AICMA, cheap chinese cycles, dumping of chinese cycles, hero cycles, make in india, ofo, mobike, made in india bicycles

Ashok Leyland plans Rs 1,000 cr investment

According to him, its not the volume but higher tonnage vehicles which give them strong growth momentum both in turnover and EBITDA margins.

ashok leyland, investment, hinduja group

Three-wheeler industry posts 30pct growth in FY18 on strong exports

Aided strongly by the exports, market leader Bajaj Auto saw a whopping growth of 44% to end the fiscal with 640,473 units, with exports alone contributing to 266,215 units (a growth of 39% over the fiscal 2017.

three wheeler, three wheeler industry, three wheeler industry growth, export

GMR Group setting up defence manufacturing centre in Tamil Nadu

Infrastructure major GMR Group is setting up an aerospace and defence manufacturing hub at its special investment region, Hosur (GKSIR), in Tamil Nadu’s Krishnagiri district, to encourage indigenous production of defence eq

defence expo 2018, tamil nadu, gmr group, Defence Industrial Production Corridor

Ashok Leyland to make LCVs under new platform, ramping up output

Buoyed by an impressive 37% growth in its LCV business for the just-ended fiscal 2018, Ashok Leyland has decided to produce LCVs under a new platform to address the unaddressed tonnage categories in the domestic market.

Ashok Leyland, Ashok Leyland ALL, LCV, LCV business

Elgi Equipments to bolster global footprint with brand, products portfolio

After making strong inroads into overseas markets through its innovative product portfolio, Elgi Equipments, one of the top 5 manufacturers of air compressors in the world, has decided to strengthen its foothold further by bo

Air Compressor, ELGi, Elgi Profit, Elgi Market, Indian Market, International Market, Coimbatore

Hero MotoCorp begins work on Andhra Pradesh plant, to invest Rs 1,600 crore

World’s largest two-wheeler manufacturer Hero MotoCorp has laid the foundation stone for its 8th manufacturing plant at Chittoor in Andhra Pradesh (near Sri City), the first in the southern region, on Friday in the presence

Hero MotoCorp, Andhra Pradesh, N Chandrababu Naidu, Pawan Munjal, Bangladesh, Colombia 
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