
Germany's Marquardt plans second plant in India in 2019-20
The German manufacturer of electro-mechanical and electronic switches and switching systems for automobiles and other sectors will set up a greenfield plant in Chakan, near Pune.
View all Back Issues Click Here
Buy Now!The German manufacturer of electro-mechanical and electronic switches and switching systems for automobiles and other sectors will set up a greenfield plant in Chakan, near Pune.
Hero MotoCorp plans to hold the first-ever full-fledged global launch of its indigenously developed all-new motorcycle at the culmination of the Dakar Rally in Argentina in January 2017.
Hero MotoCorp, the leader in the 100cc and 150cc motorcycle market in India, is now aiming for top slot in the premium 150cc segment with the all-new Achiever 150.
The Ministry of Shipping has said that all major ports will provide a discount of 80 percent for two years on Vessel Related Charges (VRC) and Coastal Related Charges (CRC) for coastal transportation of vehicles through Ro-Ro ships.
The American manufacturer, which has an assembly plant in Uttarakhand, plans to begin exports in a year’s time. It is also seriously considering plans to have a second production base in South or West India.
SIAM president Vinod Dasari hopes that the oil sector would fulfil its role by making the required fuel available on a country-wide basis by April 2020 and have testing fuel available a year earlier.