Hyundai Motor India (HMIL), which listed on the bourses Tuesday with the country’s largest initial public offering, said it will continue to invest in the Indian market to expand capacity, deepen localisation and bring in new technologies that would include the launch of multiple electric vehicles to create value for shareholders. Speaking at the listing … Read more
Mumbai: Makers of car sensors, sunroofs, alloy wheels, ADAS (advanced driver assistance systems) instrument clusters and other such parts and systems are experiencing surging demand due to the premiumisation wave sweeping India’s growing automobile industry. These companies have become a major beneficiary of the growing demand for cars and SUVs with high-end features related to … Read more
Prime Minister Narendra Modi has appealed to the people to use ‘Made in India’ products during the forthcoming festive season that will last nearly two months and includes Navratra, Dussehra, Diwali, Chhat and other occasions where cheap articles made in China have been flooding the market in the last few years. In his monthly ‘Mann … Read more
With his government’s flagship ‘Make in India’ initiative completing 10 years, Prime Minister Narendra Modi on Sunday said India has become a manufacturing powerhouse and it is because of the country’s youth power that the “whole world is looking up to us”. As the ‘Make in India’ initiative marked its 10th anniversary last week, the … Read more
On completing 10 years of the ‘Make in India’ initiative, Union Commerce and Industry minister Piyush Goyal highlighted that after the launch of the initiative, the imports of mobiles declined by around 85 per cent. The minister stated in a social media post on Wednesday that before the launch of the ‘Make in India’ initiative … Read more
India has developed its own home-grown indigenous RT-PCR testing kit to fight against Monkeypox, reported ANI on Tuesday. The assay has been approved by Central Protection Drugs Standard Control Organisation (CDSCO). IMDX Monkeypox Detection RT-PCR Assay by Siemens Healthineers has received manufacturing approval from the Central Drugs Standard Control Organisation (CDSCO). This is a significant … Read more
Last Updated: August 02, 2024, 12:08 IST With a certified range of 187 km, the Oben Rorr tackles range anxiety, offering riders the freedom to explore without limits. (Photo: Oben Electric) Powered by an advanced 8-kW motor, the Oben Rorr zooms from 0 to 40 kmph in just 3 seconds and hits a top speed … Read more
Global tyre manufacturers including the likes of Michelin, Bridgestone, and Goodyear are gearing up to invest in India’s manufacturing sector, with potential entrants Yokohama and Birla Tyre also eyeing opportunities under a government scheme that links imports to local investment, TOI reported on Wednesday. These investments, expected to total around Rs 3,000 crore, mark a … Read more
Synopsis India has come a long way since then. Many Indian businesses are now huge, and with great power (i.e. money) has come great(er) responsibility. They are foraying into the social sector, with corporate social responsibility imperatives creating thousands of schools for the underprivileged, universities, hospitals, sports academies, cultural institutions, etc. The NGO sector is … Read more
India has become the second country for Suzuki Motor Corporation to cross cumulative production of 3 crore units, reaching the milestone even faster than it achieved in its home nation, the Japanese carmaker said on Wednesday. The company’s subsidiary, Maruti Suzuki India, has achieved accumulated automobile production of 3 crore units in India by the … Read more
