In an exclusive interview with ET, Talaulicar talks about the growth prospects of the commercial vehicle industry in India and how his company is gearing up for it.
In India WABCO is increasing localisation of ABS and bringing in further safety technologies, Chairman and CEO Jacques Esculier told ET in an interview.
Cummins, based in Pune, started operations in India more than five decades ago and has 17 plants and about 9,700 employees.
As Scania prepares to start commercial production of buses at its factory near Bengaluru this month, it is also counting on a boom in mining activity to boost sales.
Toru Tokushighe, a young entrepreneur who rebelled from family, quit his job, and plunged into probably one of the most difficult businesses –electric vehicles (EV) manufacturing at a time when the big and the established players are facing a tough time. He took the challenge head-on and rather than entering easy EV markets he proffered to build his own den. Just three years behind forming his venture Toru has already grabbed many eyeball and got some big names as investors.
The latest rate cut comes on the back of slowing inflation and as a step to boost certain sectors of the economy that Rajan says are in a "weak state".
Setco Automotive Ltd is aiming to more than double its revenue to Rs 1,000 crore by FY 16-17 by pushing business in the domestic and international markets.
TVS Srichakra is ramping up production capacity as the TVS Group company aims the top slot among India’s two-wheeler tyre manufacturers.
Demand for Commercial Vehicle in the domestic market is expected to increase to one million units a year, mainly driven by Medium and Heavy Commercial Vehicle segment (M&HCV) segment
Sonalika group has gained the position of an international brand as it exports products to over 74 countries in the world.
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