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JK Tyres eyeing funds for Rs 1,100 crore investment plan

Shahkar Abidi     calendar07 Aug 2023

The company had raised Rs 240 crore in March from IFC, a part of the World Bank Group, with a focus on investments in the private sector in emerging markets such as India. The focus is now to get more such investments in the coming months. ...

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India poised to become a global hub for automotive component manufacturing News
India poised to become a global hub for automotive component manufacturing

By Mayank Dhingra and Ketan Thakkar calendar07 Aug 2023

The firm 'China+1' de-risking strategy of automakers and the ease of technology adaptation of automotive component man...

Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers News
Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers

autherAutocar Professional Bureau calendar07 Aug 2023

This tie-up also involves providing comprehensive retail financing solutions to cater to the needs of customers.

RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India News
RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India

autherAutocar Professional Bureau calendar07 Aug 2023

The aim is to help insurance surveyors to experience a swift, transparent and precise claim-handling process, the pres...

MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru News
MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru

autherAutocar Professional Bureau calendar07 Aug 2023

MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group, where the ...

Auto retails up 10% YoY in July, all segments log YoY growth but three-wheelers shine Analysis Sales
Auto retails up 10% YoY in July, all segments log YoY growth but three-wheelers shine

By Ajit Dalvi calendar07 Aug 2023

July 2023’s 1.77 million units sees YoY growth for all vehicle categories – two-wheelers (up 8%), three-wheelers (up 7...

Webasto integrates sensors into panoramic sunroof for autonomous mobility News International
Webasto integrates sensors into panoramic sunroof for autonomous mobility

autherAutocar Professional Bureau calendar07 Aug 2023

To ensure reliable 360deg monitoring of the surroundings, Webasto has developed a prototype Roof Sensor Module that co...

Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi News
Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

By Ketan Thakkar calendar06 Aug 2023

With fast-changing market preferences, the company’s efforts are focused towards making systems, processes and facilit...

TVS Motor plans to invest Rs 1,800 crore in FY2024 Feature
TVS Motor plans to invest Rs 1,800 crore in FY2024

By T E Narasimhan calendar06 Aug 2023

The Hosur-based company is all set to expand its electric vehicle portfolio with an electric three-wheeler that will b...

Electric Dreams: Tamil Nadu aims to be India's top EV hub Feature
Electric Dreams: Tamil Nadu aims to be India's top EV hub

By Ketan Thakkar and Hormazd Sorabjee calendar06 Aug 2023

Dr T R B Rajaa, Minister for Industries, Investment Promotions and Commerce, Tamil Nadu intends to make the state a on...