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Features - New Products |
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SSWL targets Europe with Moroccan plant
By setting up a manufacturing facility in Morocco which will go on stream in 2013, Steel Strips Wheels Ltd plans to supply to a host of European OEMs. |
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Michelin plant on schedule
French major’s Rs 4,000 crore unit will tap radials market for CV, off-roaders |
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Royal Enfield mulls two-cylinder bike
Chief executive officer, Venki Padmanabhan told Autocar Professional that the design of the twin-cylinder model will not stray from the company’s traditions and that it will be an offshoot of the simple British design of the model of the 1950s and '60s. |
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Rockman earmarks Rs 500 crore capex for new units, acquisition
Hero Group company has earmarked Rs 500 crore capex to fund two units as well as acquire one for which it has initiated talks with overseas players |
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Altius Auto plans diesel bike in 2012
Set up five years ago, Altius Automotive Technologies is now gearing up to start production by mid-2012. The first product that it will launch is a 670cc bike, the Scimitar (a name that he thought up at an airport lounge), a high-performance offering that will run on diesel. That’s only a starting point. “We are looking at series hybrids with high performance compact powerpacks,” Subbu told Autocar Professional. |
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Bajaj Auto to launch new Pulsar, Discover
After tasting some success in the commuter segment with the Discover brand, Bajaj Auto is set to launch a new generation of both its Discover and Pulsar brands. Managing director Rajiv Bajaj said that a “completely new line up of these two brands will be launched during the second half of 2011-12”. He said that “there will be more than one of each” which will replace most the current variants of the Pulsar and Discover |
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Denso low-cost heat exchangers for Etios
“We’ve succeeded in substantially lowering the cost of these products by increasing our local procurement, and by using common materials to reduce the types of materials we use by more than 70 percent,” says Akio Shikamura, senior executive director of Denso’s Thermal Systems Business Group. |
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M&M digs into the earthmover market
After tilling fields, carrying people and hauling load, Mahindra & Mahindra (M&M) will now dig earth! After tilling fields, carrying people and hauling load, Mahindra & Mahindra (M&M) will now dig earth! The $7.1 billion group has entered the fast growing and profitable construction equipment industry with its new EarthMaster – a backhoe loader. Rs 300 crore has been invested into the project which was under development for 36 months. M&M is looking at picking up a fair slice of the 25,000 units per annum market, currently dominated by British manufacturer JCB. According to Dr Pawan Goenka, president, Automotive & Farm Equipment Sectors, M&M should garner a five to seven percent market share in the backhoe loader market with the EarthMaster. The Indian backhoe loader market (the largest in the world) is pegged at Rs 4,000 crore, which is estimated to touch Rs 7,500 crore with 44,000 units in annual sales by 2014. Kairas Vakharia, business head – Construction Equipment, M&M, expects the backhoe loader market to grow 15 percent annually. Currently, JCB is the market leader by far with a 75 percent share of the market. M&M will now meet new competitors like L&T Case and Telcon in its new business. |
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Minda Industries banks on R&D
In an exclusive interview to Autocar Professional, Nirmal K Minda, chairman and managing director of MIL, says: “Recently we have opened a technical centre in Taiwan called Taiwan Design Centre. At present about five engineers each from our company in India and Taiwan are working there. |
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Maruti's Big Capacity Jump
India Set to Be Suzuki’s Largest Production Hub
Having seen its market share dip in recent times, Maruti Suzuki has unveiled an aggressive capacity expansion plan.
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Kuka Robotics to launch Quantec and LWR in India
Plans underway for launches of Lightweight Industrial Robots. |
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Taco’s new business thrust
The Taco Group is exiting JVs where it doesn't see a critical business volume of Rs 500 crore and above. |
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Mecaplast begins operations in India
French component supplier sets up shop in India to cater to the domestic market
and leverage its engineering service capabilities for exports. |
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ATS Elgi banks on emerging trends
The changing trends in the vehicle servicing business and increasing passenger car sales are resulting in opportunities and challenges for garage equipment manufacturer |
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May 15, 2013 |
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An all-new modern and high-capacity plant at Oragadam gives Royal Enfield the capability to solve the longstanding demand-supply mismatch and also the potential to tap global markets, Comstar India sets up a plant in the US to supply Ford and the UNO Minda Group becomes the world’s No. 2 horn supplier. All this plus lots of exciting industry news you simply can’t afford to miss. |
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