Monthly Archives: July, 2024

Industry reactions on Union Budget 2024

Finance Minister Nirmala Sitharaman presented the Union Budget 2024, bringing a mix of expectations and realizations for the blooming Indian automotive industry. The initial...

GCF approves US$ 215.6 mn for SIDBI’s- Financing Mitigation and Adaptation Projects in Indian MSMEs

Green Climate Fund (GCF) has approved US$ 215.6 million in its 39th Board meeting held in Songdo, South Korea on July 17, 2024 for...

IndianOil signs MoU with Indian Navy to Promote Hydrogen and Fuel Cell Technology for heavy-duty e-mobility

In a significant milestone towards promoting sustainable, eco-friendly transportation solutions, IndianOil has handed over a state-of-the-art green hydrogen fuel cell bus to the Indian...

Nidec executes a comprehensive MoU with Tata Elxsi Ltd. 

Nidec Corporation announced that it has executed a memorandum of understanding on July 22, 2024 with India’s Tata Elxsi Ltd., a design and technology...

Automechanika Innovation Awards: 42 applicants have been shortlisted in nine categories

The race for the coveted Innovation Awards at Automechanika is entering its second round: it has now been decided which companies have been nominated...

Terra Charge to Introduce Taka, a DC 30kw Fast Charger

Terra Charge, a charging point operator (CPO) and company that develops EV charging infrastructure, will introduce `TAKA`, a new DC 30kW fast charger. The...

2024 Mahindra Thar 5-door to be named ‘Thar Roxx’; launch on August 15

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, announced the brand name of its newest SUV; called the Mahindra ‘Thar ROXX’. Known for setting...

Apollo Tyres retains Silver Award by EcoVadis for Sustainability Excellence 

Apollo Tyres Ltd continued to shine with Silver Awards at the EcoVadis Sustainability Excellence ratings. This is the third consecutive year for Apollo Tyres...

Philippe Krief appointed Chief Technology Officer of Renault Group

Renault Group announced that as of September 1, Philippe Krief will be appointed Chief Technology Officer of Renault Group, in parallel with his current...

Cummins India opens its first IT Global Competency Center in Pune

Cummins Group in India, one of the leading power solutions technology providers, opened its first IT Global Competency Center (GCC) at its India Office...
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