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.
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 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.
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
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
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
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.
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
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.
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
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.
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
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