latest Market News

 Mahindra & Mahindra announced its strategic alliance with Ford Motor for 3 years to cooperate in manufacturing, distribution and various other areas. The tie-up will leverage the benefits of Mahindra’s scale in India and operating model and Ford’s global reach and expertise.   Mahindra and Ford said that they will collaborate on Mobility programs, Connected vehicle projects, Electrification, Product development,...

  • Posted on : Wednesday , 20th September 2017
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Indian auto-industry is going through a phase of continuous alteration. While it has been asked to upgrade to Bharat Stage VI (BS VI) by 2020, they have been prodded by the government to begin planning electric fleet.   Lithium-ion (Li-ion) batteries are suggested to be used for EVs as they can hold charge for a longer duration along with allowing frequent charging cycles. The battery, however, is sensitive to high temperature and is...

  • Posted on : Wednesday , 20th September 2017
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 India transitioning from ICE (internal combustion engine) to hybrid vehicles to BEV (battery electric vehicles). This trend will be more evident in two-wheelers, three-wheelers and passenger vehicles while commercial vehicles, tractors and medium and heavy commercial vehicles (MHCVs) will take longer for the transition, says a survey for ACMA conducted by McKinsey & Co titled "Future of E-mobility." Globally, majority of...

  • Posted on : Wednesday , 20th September 2017
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 India has asked Tanzania to grant long-term visas for its companies with multi-entry facility to promote investments between the two countries, the commerce ministry said. The Commerce and Industry Minister Nirmala Sitharaman led the Indian delegation and the Minister for Industry, Trade and Investment Charles John Mwijage represented the Tanzanian side. The ministry said in a statement that a liberal visa regime facilitates growth of...

  • Posted on : Friday , 15th September 2017
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 Charles Mwijage, Minister of Industry, trade and Investment, Tanzania called on the Indian business community to increase their dealings within the country to further improve trade and investment relations between the two countries. Mr. Mwijage has taken special measures to encourage the same.   A 10 day special business forum has been initiated in Tanzania, where prospective Indian business heads can explore sites and the various...

  • Posted on : Friday , 15th September 2017
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