In a recent announcement, Mahindra Group detailed their plans to invest INR 15,000 crore over 10 years to build their largest integrated manufacturing complex in Nagpur. The project will produce automobiles and tractors. When fully operational, the factory can produce 500,000 automobiles and 100,000 tractors. In 2028,
Jemimah Rodrigues, a cricket player who gained fame last year after helping the Indian Women's Cricket Team win its first ICC Women's World Cup, just signed a brand contract, marking a significant accomplishment for her. The cricket player has partnered with Tvarra, a helmet firm that
Wheels India announced on 15 December that it and Japan's Topy Industries have inked a technical assistance agreement for the design, development, and production of aluminium alloy wheels. According to a statement from the company, Topy will contribute engineering support and technical expertise to improve Wheels India'
In an effort to soothe worries about possible job losses at its manufacturing operations, Skoda Auto Volkswagen India has implemented an early-retirement option at its facilities in Pune and Chhatrapati Sambhaji Nagar, which it anticipates will result in just a limited number of employees leaving. Despite employing almost 5,000
According to RPG Group Vice Chairman Anant Goenka, the tyre manufacturer Ceat is creating tyres for a number of international markets in an effort to increase its exports to areas like the US and Europe and position itself as a global brand. About 20% of the RPG Group company'
A Division Bench of the Karnataka High Court has declared that Ideal Jawa (India) Ltd. had "abandoned" the use of the trademark "Yezdi" as a word or a device because the company had neglected to renew its registration for more than 15 years. As a result,
According to various media reports, CarTrade Tech is planning to buy CarDekho (Girnar Software Pvt. Ltd.) in a significant consolidation move in India's online car industry. The sale is in early stages and is anticipated to be structured as a cash-and-stock transaction, according to a report by CNBC-TV18.
As the US automaker revives a plant it closed four years ago, Ford Motor Company intends to invest roughly INR 3,250 crore ($370 million) in India to produce new engines, according to a report by Bloomberg. According to a source who asked not to be identified because the plans
A top official of the Korean electronics giant announced on 29 October that Mahindra & Mahindra and Samsung had partnered to create digital keys for electric SUVs that are integrated with Samsung Wallet, doing away with the need for physical keys. While Samsung Wallet supports the digital keys feature of
As the final tax slabs were revealed on September 4, consumption stocks, which had already surged since Prime Minister Narendra Modi announced a reduction in the goods and services tax (GST) in his Independence Day speech on August 15, continued to rise. The Nifty FMCG index has increased 4.4%
🔍Insights
The Italian automaker Fiat Automobiles S.p.A., usually referred to as FIAT, is recognized for consistently altering the automotive landscape. The Fiat 4 HP, the company’s first vehicle, came off the assembly line in 1899, and since then, it has grown into a major force in the automotive
🔍Insights
Bayerische Motoren Werke AG, or BMW, is a German multinational corporation that produces luxury vehicles, motorcycles, and engines. The company was founded in 1916 as a manufacturer of aircraft engines and later expanded into motorcycle and automobile production. BMW’s history is one of innovation, design, and performance. The company’
🔍Insights
Audi is a German car company that designs, engineers, manufactures, markets, and distributes luxury vehicles. It is a member of the Volkswagen Group and has its roots in Ingolstadt, Bavaria, Germany. Audi-branded vehicles are produced in nine production facilities worldwide. The origins of the name Audi are uncertain, but one
🔍Insights
The used automobile industry in India has grown within the past ten years. People favor used cars over brand-new ones. Why? Buying a used automobile not only saves money but also eases your concerns about tiny dings and scratches! For entrepreneurs in this market, the increase in demand for secondhand
After a turbulent year that left the Japanese automaker struggling to turn itself around, Nissan Motor announced massive fresh cost cutbacks on 13 May, announcing the closure of seven sites and the elimination of 11,000 further positions. Nissan nearly lost its profit in the most recent fiscal year after
📖 Learning
The Automobile industry in India is on the upswing due to the surge in the economy and technology. They have opened the gates for many startups and business ideas to flourish. Car care businesses will continue to grow at a faster rate than the overall economy. Forward-looking indicators suggest there
India is unlikely to suffer much from the 25% tax on automobiles and auto parts. MEMA, the Motor Equipment Manufacturers Association of the USA, stated that auto parts tariffs will go into force "no later than May 3, 2025". It further stated that automobile tariffs would go into
📄Company Profiles
From its beginnings as a locomotive manufacturer, the company has evolved into a diversified player producing automobiles, buses, trucks, defense vehicles, and electric cars. Renowned for its innovative spirit, Tata Motors has consistently delivered world-class solutions tailored to meet the diverse needs of its customers. With a strong manufacturing base
📄Company Profiles
CarTrade Tech began its journey in 2000, originally incorporated in Mumbai as Kaymo Fastener Company Private Limited. Over the years, the company evolved and rebranded, first becoming MXC Solutions India Private Limited in 2009 and later transitioning to CarTrade Tech Private Limited in 2021. Beyond its business operations, CarTrade Tech
🔍Insights
Becoming successful is not a random occurrence. Being prepared is key when opportunities arise; this was also true for Honda, a business that revolutionized the motorcycle industry. Introduces gearless four-stroke scooters to the market. The company is captivated by the incredible growth. The majority of participants were suspicious of the
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Ford. Ford Motor Company (often referred to as Ford) is an American multinational automotive manufacturer based in Dearborn, Michigan. Henry Ford created the company, which
🔍Insights
A company that was founded nine years ago, in 2014, and named in the honor of Nikola Tesla, Nikola Corporation, was, ostensibly, in the business of manufacturing heavy-duty commercial battery electric vehicles, fuel cell energy vehicles, and energy solutions. After presenting several vehicle concepts between the years 2016 and 2020,
🔍Insights
This is a name that needs no introduction. Harley-Davidson Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin in USA. It is one of the world’s largest motorcycle manufacturers and a brand with a loyal following. The iconic brand is famous for the chopper motorcycle style with
📄Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Powerland. The increment in pollution due to the use of vehicles is increasing concerns. To overcome this, India is looking forward to introducing electric vehicles