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Pace of road building is cause of worry for Construction Equipment makers

Pace of road building is cause of worry for Construction Equipment makers

Shahkar Abidi     calendar15 Nov 2022

At 20 kms a day, the pace of road construction is dismally low and almost half of the expectation of 40 kilometers a day.

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Varroc bags Rs 2547 crore new orders during H1FY23, with top 5 EV makers contributing 34% of total News
Varroc bags Rs 2547 crore new orders during H1FY23, with top 5 EV makers contributing 34% of total

By Shahkar Abidi calendar15 Nov 2022

Announcing the Q2 earnings, Varroc said the company’s profit during the quarter declined by Rs 19.1 crore during Q2FY2...

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SJS reports 30.7 percent growth in net profit in Q2FY23, eyes 25% revenue growth in 2 years News
SJS reports 30.7 percent growth in net profit in Q2FY23, eyes 25% revenue growth in 2 years

autherAutocar Professional Bureau calendar14 Nov 2022

The spike in profits comes from new customers like Skoda Auto VW and bagging additional orders from TVS Motors, Bajaj ...

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Bharat Forge bags Rs 850 crore worth new orders during Q2FY23 News
Bharat Forge bags Rs 850 crore worth new orders during Q2FY23

By Shahkar Abidi calendar14 Nov 2022

The company's net profit slipped 48 percent to Rs 141 crore during Q2FY23 on account of negative performance of its Eu...

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Rane Group chairman L Ganesh conferred Deming Award for TQM News National
Rane Group chairman L Ganesh conferred Deming Award for TQM

autherAutocar Professional Bureau calendar14 Nov 2022

The prestigious award is in recognition of his outstanding contribution in dissemination and promotion (overseas) of T...

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ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 News
ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

autherAutocar Professional Bureau calendar14 Nov 2022

The rating agency anticipates this growth on the back of strong local demand and pent-up aftermarket demand, despite c...

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Infineon and Stellantis ink MoU for multi-year delivery of silicon carbide chips News International
Infineon and Stellantis ink MoU for multi-year delivery of silicon carbide chips

autherAutocar Professional Bureau calendar14 Nov 2022

Infineon and Stellantis ink MoU for multi-year delivery of silicon carbide chips

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Samvardhana Motherson's EV order book swells by Rs 20,000 crore in just six months News
Samvardhana Motherson's EV order book swells by Rs 20,000 crore in just six months

By Shruti Mishra calendar14 Nov 2022

The share of EV business has increased from 27% to 37% in less than a year.

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Suzuki and PowerX to explore biz potential for ultrafast EV chargers in Japan and India News International
Suzuki and PowerX to explore biz potential for ultrafast EV chargers in Japan and India

By Ajit Dalvi calendar14 Nov 2022

The PowerX Hypercharger is a battery-integrated EV charger that enables ultrafast EV charging with renewable energy.

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Bosch to spend up to Rs 560 crore on capex this year News
Bosch to spend up to Rs 560 crore on capex this year

By Shruti Mishra calendar14 Nov 2022

The company is investing 1.5 percent-2 percent of overall revenue currently in advanced automotive technologies like f...

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POLL OF THE MONTH

Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

31.97%

No

 

24.56%

Only in Premium Segment

 

43.47%

Total Votes : 513