Category — Automobile

Ola Claims 75% Market Share of India’s Urban Taxi Services

India’s Bangalore-based transport aggregator Ola said that because of its India-specific innovations such as offline booking and local language apps, the company “effectively holds over three-fourth market share”, reports the Economic Times. COO Pranay Jivrajka told the Press Trust of India that the focus of a business needs to be on localization in building customized products, and replicating existing business models and innovations will not work for the market here.
Ola Logo

“We are using technology to create ‘Made for India’ solutions, both on the supply and demand side, right from offline bookings for customers and 2G optimization to local language apps. Several introductions by our competition such as the ride later option, and the cash payment option have already been pioneered months ago by Ola’s technology team,” Jivrajka added.

Backed by investment from Japan’s SoftBank, Ola is a credible  competitor in India  to California-based Uber.

January 2, 2017   No Comments

AkzoNobel Inaugurates Specialty Coatings Facility in India

AkzoNobel a Dutch multinational company in paints, coatings and specialty chemicals has set up a first-of-its-kind Specialty Coatings production facility and color laboratory in the satellite town of Noida 15 miles from New Delhi, reports BusinessWire, India.

Alberto Slikta, managing director, Specialty Coatings, AkzoNobel, said, “India is a key market for our growth strategy and this facility will enable us to further strengthen our position as a leading producer while supporting the supply network. Additionally, this market shows signs of a high demand for consumer durables and electronics. As demand and volumes rise, we will continue to fortify our footprint in high-growth economies such as India.”

AkzoNobel Logo

AkzoNobel India has been operating in the country for over 60 years. It currently has six manufacturing sites, two research centers, and a network of over 8,800 dealers and distributors.

December 28, 2016   No Comments

India is an Export Hub for Makers of Small Cars

India is fast developing as a hub not only for small car manufacturing, but for their export as well, reports AutocarProfessional. Factors that contribute to this phenomenon are: the abundance of a skilled labor force, the low cost of manufacturing, and the upskilling of the supply chain that can now meet international quality standards. As India enters into more Free Trade Agreements globally, additional new markets will offer new opportunities for the passenger vehicle industry.

Ford's Ka+

 

From April – November 2016, total shipments of passenger vehicles were 499,037 units, which mark a year-on-year rise of 16.22 percent. The big gainer is Ford India with 102,481 units (+37%) exported, thanks to the new Figo which is sold as the Ka+ in the  United Kingdom and Europe. Volkswagen India reports 23 percent year-on-year gains having exported 56,553 units. GM India has similarly seen a surge in exports of its left-hand-drive Chevrolet Beat to Mexico, Chile, Peru, and central American and Caribbean Countries, Uruguay and Argentina. The company exported 43,015 units, a 240 percent year-on-year growth, adds AutocarProfessional.

December 27, 2016   No Comments

Horiba Opens a New Technical Center in Pune, India

Japan’s HORIBA Group that deals in advanced engineering, research and product development, has further expanded its worldwide automotive engineering and testing capabilities with the opening of a new  India Technical Center in Pune, a city 90 miles west of Mumbai in India.

Air pollution and safety have become key concerns for leading automobile manufacturers in India, and the country has introduced the Bharat Stages emissions standards. Together with Horiba’s Portable Emissions Measurement System and Horiba MIRA’s engineering capabilities, the new facility will provide vehicle manufacturers with test services to support them to meet Bharat Stage VI compliance, reports Autocar Professional.

Horiba's Tedhnical Center at Pune, India

Declan Allen, chief operating officer at Horiba MIRA, said, “Growing our global operation is a key part of our long-term strategy, and we’re incredibly pleased to open our new facility in Pune. The site presents an exceptional platform for us to deliver a broader portfolio of test and development capabilities in support of our key customers in India.”

December 26, 2016   No Comments

Ford To Invest in Global Technology and Business Center in India

Dearborn, Michigan-based Ford Motor Co. said it will invest $195 million and create 3,000 jobs over the next five years for a new global technology and business center in Chennai, India. The site will feature 2.5 million square feet of floor space which will house engineers, IT, finance, accounting, data analytics and manufacturing engineering personnel. Ford said it will include a wide range of labs and testing facilities for complete vehicle and component testing.

The company has plans to consolidate its 9,000 existing employees across six India operations at the six-building, 28-acre campus. When complete in early 2019, the Chennai campus, with some 12,000 employees, will become Ford’s second-largest employment center after its  campus in Dearborn which is undergoing a 10-year renovation, reports the Detroit News.

“India is not only a vibrant market for cars and new mobility ideas, it also is rich with talent, technical expertise and ingenuity,” Bill Ford Jr., Executive Chairman at Ford, who was in India for the announcement, said.  “This new center will help us attract the best and brightest, and make Chennai a true hub of innovation for Ford around the world.”

William Clay Ford Jr.,

Ford makes small cars and engines in India, and exports them to other global countries.

 

December 23, 2016   No Comments