Category — Automobile
“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 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 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 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.
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
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.
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
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.”
Ford makes small cars and engines in India, and exports them to other global countries.
December 23, 2016 No Comments