Elie Luskin, Vice President for India and China at Mobileye
 

The ADAS Test City at ARAI represents India’s first dedicated track designed exclusively for ADAS testing and validation, enabling structured evaluation of safety technologies tailored to the country’s diverse and complex road environment. The facility is expected to play a pivotal role in accelerating ADAS adoption and strengthening road safety outcomes across vehicle segments. The 2026 edition of The ADAS Show features Mobileye and HERE Technologies as key partners, reinforcing the event’s stature as a globally relevant forum for intelligent mobility.
 

Elie Luskin, Vice President for India and China at Mobileye, commented on the significance of the launch, stating, “The successful launch of India’s first dedicated ADAS testing track by ARAI marks a major milestone, underscoring the market’s commitment to scaling ADAS adoption and improving road safety.”
 

At the event, Luskin will deliver a keynote address outlining Mobileye’s global technology roadmap and its relevance to India’s mobility ecosystem. Additionally, Dhairyashil Gaekwad, Director - Business Development & Strategy, India at Mobileye, will participate in a panel discussion examining ADAS adoption across different vehicle segments in the Indian market.
 

HERE Technologies will present its latest mapping and localisation innovations through live demonstrations at the ADAS Test City. Attendees will experience HERE’s real-time localisation and high-definition mapping capabilities during on-track ADAS demonstrations, including HERE HD Live Map, HERE ISA Map, C-V2X and cloud-based localisation solutions.
 

Commenting on the collaboration, Abhijit Sengupta - Senior Director & Head of Business, India & Southeast Asia, HERE Technologies stated, “We’re honoured to partner with ARAI on this transformative initiative. The ADAS Test City is a cornerstone in India’s path toward intelligent mobility and HERE’s high-definition maps and localisation technologies are key enablers of safe, reliable and context-aware driving experiences. Together with ARAI, we aim to empower automakers, tier-1s and developers to localise, test and scale ADAS capabilities that truly reflect India’s diverse road ecosystem.”
 

The ADAS Show has emerged as India’s most prestigious and widely covered platform for ADAS and autonomous vehicle technologies. Recognised as the largest gathering of OEMs, Tier-1 suppliers, technology companies and regulators in the future mobility space, it remains the only event in India to offer live, real-world testing on a track purpose-built for ADAS validation.

About The ADAS Show
The ADAS Show is India’s premier platform dedicated to Advanced Driver Assistance Systems and autonomous vehicle technologies. The event brings together the automotive ecosystem to enable knowledge exchange, live technology demonstrations, and real-world testing. With strong participation from OEMs, Tier-1 suppliers, technology leaders, and regulators, The ADAS Show plays a critical role in shaping the future of automotive safety and intelligent mobility in India.

VinFast, Vietnam’s fast-rising electric vehicle manufacturer, is the product of a philosophy that predates it

In 2025, VinFast reached a milestone unprecedented in Vietnam’s automotive history: more than 100,000 vehicles delivered within nine months. For a company that only began producing cars in 2019, this achievement shows how quickly its name has earned public trust. Yet the company attributes its growth not to aggressive expansion but to attention—to listening, observing, and refining what customers truly need.

VinFast’s approach is built on three foundations: product quality, accessible pricing, and a service culture that removes ownership anxiety. From the earliest stage of development, engineers and planners ask a simple guiding question: how will this decision affect the customer’s experience? This mindset shapes everything from transparent pricing to home-charging readiness, from long warranties to rapid after-sales response. It reflects Vingroup’s broader belief that a company’s value lies in how it serves people, not just in what it sells.

To understand this thinking, it helps to look at the group’s founder, Pham Nhat Vuong. In the 1990s, before Vingroup became a household name in Vietnam, he started a small company called Technocom in Ukraine. The product was instant noodles—ordinary on the surface, but revolutionary in that market at the time. Vuong personally met customers, explained how to cook the noodles, and built relationships through direct, sincere contact. His aim was not simply to sell but to understand. The story became part of Vingroup’s corporate DNA.

When Vuong returned to Vietnam, this philosophy guided the birth and growth of Vingroup. Whether building hotels, hospitals, schools, or homes, the company’s pattern was always the same: study what customers need, learn how the best in the world serve those needs, and deliver something slightly better. Before launching Vinpearl, the company’s flagship resort chain, Vuong spent months visiting resorts in Thailand and Singapore, studying how they treated guests. The insights gathered on those trips informed Vinpearl’s design, making it more attuned to Vietnamese travelers.

This attentiveness naturally extended to VinFast. Seeing the global shift toward sustainability and the rise of electric mobility, Vingroup realized that Vietnam needed a domestic brand capable of competing internationally. VinFast was created to meet that challenge.

When VinFast began transitioning from gasoline to electric vehicles, many owners at the time worried about service and support. Instead of focusing solely on new customers, the company enhanced benefits for its existing users. It extended warranties on gasoline vehicles to ten years, increased spare parts inventory by half, and introduced mobile service options so owners could receive maintenance without leaving home. These measures reflected a broader truth about the company: it never abandons the people who believed in it first.

As VinFast expands internationally, it brings this same mindset to India. The company views India as a place where its values align with the needs of millions of drivers. Indian customers are increasingly conscious of sustainability and long-term value, but they also expect reliability, convenience, and strong local support. VinFast is working with Indian partners to establish a comprehensive EV ecosystem, including an assembly plant in Tamil Nadu, a growing nationwide network of showrooms, charging ports, and service centers…. Its focus is on affordability and accessibility, building electric mobility that fits into everyday life rather than standing apart from it.

The essence of Vingroup’s legacy is not rapid expansion or impressive numbers, though it has achieved both. It lies in an attitude: listening carefully, responding thoughtfully, and serving consistently. From instant noodles in Ukraine to electric cars in Vietnam and now to India’s fast-evolving EV market, the company’s path has been defined by empathy in action.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. 

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at: vinfastauto.in.

In the first three quarters of 2025 alone, VinFast sold more than 100,000 vehicles, a first in Vietnam’s automotive history

The move fits neatly into Vingroup’s five-pillar model: Industrials & Technology with VinFast and VinMetal; Real Estate & Services with Vinhomes and Vinpearl; Infrastructure through VinSpeed; Energy via VinEnergo; and Social Enterprises with Vinmec, Vinschool, and VinUni. Together they create a self-reinforcing system. When one grows, the others benefit.

This approach has turned Vingroup from a real estate developer into Vietnam’s largest private conglomerate. By mid-2025, its total assets had reached about 39 billion dollars with 5 billion in revenue in the first half of the year. Six of its flagship brands (Vinhomes, VinFast, Vinpearl, Vincom Retail, Vinschool, and Vinmec) now ranked among Vietnam’s 100 most valuable companies.

The roots of this ecosystem thinking go back to founder Pham Nhat Vuong. In the early 1990s, he started Technocom in Ukraine, producing instant noodles under the brand Mivina. Within a decade, the company dominated the market, and Vuong sold it with both wealth and experience. When he returned to Vietnam, he focused on building businesses that could transform his homeland. That idea grew into Vingroup, a group that now shapes everything from housing to hospitals. Its guiding belief has stayed simple: build systems that make life better for everyone.

Vuong’s strategy relies on control of the entire value chain. From steel and energy to education and healthcare, Vingroup keeps production, innovation, and social investment linked. VinMetal secures domestic materials. VinEnergo builds renewable power sources. VinSpeed develops logistics networks. Vinschool, VinUni, and Vinmec prepare skilled workers and improve public health. The cycle keeps value creation within Vietnam while preparing the country for global competition.

VinFast is the clearest example of how this strategy works. Its electric vehicle plant in Hai Phong went from empty land to full-scale production in just 21 months. Around the factory, a network of supporting companies grew quickly. V-Green builds charging stations, already more than 150,000 across Vietnam. Xanh SM runs electric taxis powered by that grid, turning clean transport into an everyday experience.

Inside Vingroup’s developments, residents can buy VinFast cars at a discounted rate, park them conveniently, and charge them for free. Engineers at the group’s tech labs developed ViVi, a Vietnamese voice assistant now found in VinFast cars. VinEnergo provides clean energy for the factories. VinMetal will soon supply the steel for the next generation of vehicles. VinRobotics designs automation systems for production. Each company contributes a piece of the puzzle.

In 2024, VinFast sold over 67,000 electric vehicles, making Vietnam one of the few markets where EVs outsold petrol cars. In the first three quarters of 2025 alone, VinFast sold more than 100,000 vehicles, a first in Vietnam’s automotive history. It remained the country’s best-selling brand for nearly a year. That scale and speed capture how Vingroup approaches industries it considers vital.

Recognition has followed. In 2025, TIME magazine named Vingroup one of the World’s Best Companies, the first Vietnamese firm to appear on the list. The honor reflected not only business results but also employee satisfaction and long-term vision.

At home, Vingroup continues to balance profit with purpose. Its Kind Heart Foundation funds healthcare, education, and disaster relief. When Typhoon Bualoi struck Vietnam in 2025, the group helped rebuild homes and support families. In 2024, Vingroup paid over 56 trillion VND in taxes, making it one of the country’s largest private contributors.

Now Vingroup wants to show that its model can work beyond Vietnam. Through VinFast, it is expanding into the Philippines, Indonesia, and India. Each market follows the same playbook: build the infrastructure first, then scale production and services. In India, VinFast is stepping into a market eager for EVs but still lacking a dependable charging network. Its plan includes an assembly plant in Tamil Nadu and charging capabilities developed with local and strategic partners, including V-Green and RoadGrid, to create a complete ecosystem.

For Indian readers, this story offers a glimpse of how an integrated industrial model can speed up growth in developing economies. Vingroup began by making noodles in Ukraine. Today it is shaping industries from steel to clean energy. Its expansion into India is more than business. It is an experiment in how countries like Vietnam and India can rise by building from within, one strong link at a time.

V.K. Surendra, Past Chairman, VST Group; Giandomenico Milano, Consul General of Italy; Maher Abdalla, GM, Maserati MEA, India & Turkey, and Arun Surendra, Chairman & MD, VST Group

The celebratory launch was attended by Mr Giandomenico Milano, Consul General of Italy in Bengaluru, alongside prominent clients, media, and automotive enthusiasts. The occasion signified Maserati’s expansion of its retail network in India, bringing the Trident’s heritage and innovation closer to customers in South India. Timed with the festive season, a key period for India’s luxury automotive market, the opening underscores Maserati’s confidence in the region’s strong demand for Italian design, performance, and craftsmanship.

Mr Arun Surendra, Chairman and Managing Director of VST Group, and key event chief guests, inaugurating the new VST Maserati showroom on St.Marks Road in Central Bengaluru

The new VST Maserati showroom has been conceived as a customer-first, premium retail destination, reflecting Maserati’s global brand identity while providing clients with a highly personalized experience. The space features a refined lounge and concierge-style delivery area, as well as interactive model walk-throughs and bespoke Fuoriserie personalization options. The facility offers direct access to Maserati’s celebrated line-up, including the Grecale SUV, the new-generation GranTurismo grand tourer, and now the MCPura, Maserati’s next-generation super sports car that represents the brand’s purest vision of design and performance.

Guests at the launch witnessed a dramatic unveiling of the MCPura, which set the tone for a celebration of Maserati’s Italian design heritage and engineering innovation. The MCPura, evolved from the acclaimed MC20, combines a lightweight carbon-fibre monocoque chassis with the now-iconic 3.0-litre twin-turbo V6 Nettuno engine, the result of a true technological revolution covered by international patents and 100 per cent made at Maserati. Delivering 630 PS at 7500 rpm and 720 Nm of torque from 3000 rpm, the MCPura accelerates from 0 to 100 km/h in just 2.9 seconds. The secret of its performance lies in the innovative pre-chamber combustion system with twin spark plugs, a technology derived from Formula 1 and, thanks to Maserati as the patent holder, now available in an engine designed for the road.

This remarkable performance is matched by design details that reflect Maserati’s racing DNA, most notably the signature Butterfly doors that improve cabin access while revealing the carbon-fibre structure, and in the Cielo convertible version, a pioneering electro-chromic glass roof that can shift from opaque to transparent in a single second, transforming the cabin from an intimate space into an open-sky experience.

Hand-built at Maserati’s historic plant on Viale Ciro Menotti in Modena, alongside the Nettuno engine and the GT2 Stradale, the MCPura represents the highest expression of Maserati’s engineering innovation and artisanal Italian craftsmanship. Available immediately for built-to-order in both Coupé and Cielo (convertible) versions, it combines race-derived technology with elegance and refinement, setting a new benchmark for luxury performance in India.

Speaking at the event, Arun Surendra, Chairman and Group Managing Director of VST Group, said, “The debut of the Maserati MCPura alongside the opening of our first Bengaluru showroom marks a milestone for VST Group as Maserati’s official partner in South India. With a legacy of over one hundred years, we have built trusted partnerships across industries and now bring that commitment to the luxury automotive market. Our vision is to deliver a Maserati ownership experience in this region that reflects Italian craftsmanship, global standards, and VST’s tradition of excellence.”

Philippe Claverol, Head of Maserati Overseas Region, commented, “We are delighted to inaugurate this new flagship showroom in Bengaluru, which reflects Maserati’s latest retail identity and our commitment to providing an exceptional customer experience in South India. Showcasing the MCPura here, alongside the opening of this landmark facility, underscores the importance of this market and brings the Trident’s performance legacy and design excellence closer to our clients in the region.”

Maserati’s arrival in Bengaluru represents a significant step in expanding the brand’s network and delivering a seamless ownership experience across India. The new VST Maserati showroom blends heritage, innovation, and personalization, reinforcing Maserati’s commitment to providing South India’s luxury car buyers with direct access to its design, performance, and service standards.

Price
MCPura Coupe: INR 4.12 crore* (ex-showroom India)
MCPura Cielo: INR 5.12 crore* (ex-showroom India)

Thought leaders unite at The Yellow Plate Dialogues
 

The program instantly became a melting pot of insights, strategies, and actionable solutions to transform India’s mobility ecosystem.
 

WAF is thankful to the Yellow Plate Dialogues partners, whose support was instrumental in making the program a success:

Powered By: Skoda Auto India

Gold OEM Partners: JSW MG Motor India | Volkswagen India

Gold Partners: Gallops Group | Madhus Garage Equipment | Nippon Paint India

Partners: Global Assure | CarPhD.com

In his Welcome Keynote, Anuj Guglani, Founder & CEO of WAF Group, set the tone for the day, “Shared mobility is about shared responsibility and shared progress. When all stakeholders unite, we don’t just discuss the future - we build it. Better suited & safer vehicles, Drivers’ welfare, group insurance schemes for their families, good education for their children, ease of doing business, safer roads and we can have a thriving ecosystem of Win-Win!”
 

Vishal Bhat, Head of Sales, Skoda Auto India, said, "At Skoda, we are committed to empowering fleet operators with vehicles that combine safety, efficiency, and connected technologies. Our aim is to support sustainable growth while enhancing the overall mobility experience for drivers and passengers alike."
 

The YPD program featured two forward-looking Power Panel Discussions and an insightful Keynote Session, led by some of the industry’s most respected leaders.
 

The first Power Panel at Yellow Plate Dialogues focused on “Main Challenges & Opportunities in Fleet Business – Ease of Doing Business, Compliances, Road Safety, Changing Vehicle Technology, and IT Systems”. The session examined the Current Situation, Desirable Scenario, and practical, sustainable solutions to create a win-win ecosystem for all stakeholders.
 

The distinguished panel featured top industry leaders:

• Rajiv Vij, Chairman - Carzonrent

• Pravesh Dangi, Lead-Corporate Sales - Skoda CPO & Allied Business

• Karun Gupta, Head of Fleet Sales - JSW MG Motor India

• Mr Bikash Madan, CEO - WTI Cabs

• Anil Chhikara, Former Deputy Commissioner - Transport, Govt of NCT of Delhi

• Kapil Sharma, COO - Evera Cabs

• Anuj Guglani, Founder & CEO - WAF Group (Session Chair)
   

The discussion highlighted the key challenges facing the fleet industry, including:

• Infrastructure gaps such as lack of parking and EV charging facilities, causing inefficiencies for drivers and operators.

• Financing hurdles and resale uncertainties for electric vehicles, creating barriers to wider EV adoption.

• Regulatory complexities surrounding yellow plate identification and compliance, calling for reforms to simplify operations and improve safety.
   

Karun Gupta, Head of Fleet Sales - JSW MG Motor India, emphasizes, “The electrification of the fleet in India is accelerating, fuelled by a growing commitment among corporates to reduce their carbon footprint. This shift presents an opportunity for us to empower fleet operators with our reliable and proven electric vehicles (EVs), backed by tailor-made solutions that enhance efficiency, safety, and profitability.”
 

Panelists also shared practical strategies and emerging opportunities, including:

• Deployment of technology-driven solutions like connected cars, fleet management software, and real-time telemetry to improve operational efficiency.

• Adoption of asset-light business models, leveraging aggregators and partnerships to optimize fleet utilization.

• Strategies for corporate and B2B fleet growth, including meeting ESG targets through EV adoption and enhancing customer service standards.
   

Watch Session on WAF TV here: worldautoforum.com/video/yellow-plate-dialogues-power-panel-1-challenges-opportunities-in-fleet-business

The session underscored that collaboration among policymakers, OEMs, fleet operators, insurers, and technology providers is critical to build a resilient, efficient, and sustainable mobility ecosystem.
 

At Yellow Plate Dialogues – Keynote Session, Pravesh Dangi, Lead – Corporate Sales, Skoda CPO & Allied Business, shared Skoda’s vision to become a trusted mobility partner for fleet operators. He emphasized the brand’s fuel-efficient German engineering, 5-star safety standards, and tailored maintenance and warranty packages, designed to enhance operational efficiency and reliability.
 

Pravesh also highlighted Skoda’s connected technologies and growing presence across 200+ cities, providing fleet operators with a premium, seamless experience for both drivers and passengers, while supporting a sustainable and efficient mobility ecosystem.
 

"Fleet operations today require smart, scalable solutions. By leveraging connected technologies, we enable operators to transform operational challenges into profitable opportunities," said Tanuj Pugalia, Managing Director, Gallops Group.
 

"At Madhus Garage Equipment, we are committed to empowering fleets and drivers with the knowledge and tools for better road performance. We believe that regular wheel alignment and wheel balancing aren’t just maintenance checks - they are essential practices that help fleet operators and vehicle owners run their vehicles reliably, efficiently, and sustainably," said Nikhil B, Managing Director, Madhus Garage Equipment.
 

The second Power Panel at Yellow Plate Dialogues explored the theme:

“Success Sutras of Fleet Business – Maximizing Profitability, Customer Acquisition, Satisfaction, and Retention across Internal and External Operations, ETS, Car Rental, Vehicle Lease, and Subscription Models.”

The power panel brought together leading industry experts and fleet business pioneers, including:

• Satish Sehrawat, Owner, Ten Travels & President, ITTA

• Rajesh Loomba, Chairman, Eco Mobility

• Sandeep Gambhir, CEO, Vertelo

• Hari Kaushik, CEO, WTI Fleet Pro

• Sachin Punni, Director, Volercars

• Anuj Guglani, Founder & CEO - WAF Group (Session Chair)
   

The discussion centered on strategies to drive growth and operational excellence in a rapidly evolving mobility ecosystem. Key insights included:

• Profitability enhancement through optimized fleet utilization, cost-effective operations, and innovative business models such as vehicle leasing and subscription services.

• Customer acquisition and retention strategies, emphasizing superior service delivery, technology integration, and personalized experiences for both B2B and B2C clients.

• Operational best practices, including digital tools, telematics, and fleet management systems to improve efficiency, reduce downtime, and enhance driver and passenger satisfaction.

• Market expansion opportunities across traditional car rentals, emerging EV fleets, and corporate leasing solutions, highlighting how adaptability and innovation are critical for long-term success.
  ​

Panelists emphasized the importance of collaboration between fleet operators, OEMs, technology providers, and policy stakeholders to create a resilient, scalable, and sustainable fleet ecosystem.
 

The session concluded with a consensus that fleet businesses that combine operational excellence, customer-centric strategies, and innovative mobility solutions will emerge as leaders in India’s evolving shared mobility landscape.
 

Valedictory & Vote of Thanks

The summit concluded with recognition of partners and associates who contributed to the success of YPD 2025. Delivering the Vote of Thanks, Anuj Guglani expressed gratitude to panelists, partners, and stakeholders, noting, “The first edition of Yellow Plate Dialogues has laid the foundation for a collaborative, resilient, and sustainable shared mobility ecosystem for India. It is heartening to see the leaders from the Fleet Cos & Auto Makers already requesting for the next edition of Yellow Plate Dialogues!”
 

Yellow Plate Dialogues | Power Panel 1 – Challenges & Opportunities in Fleet Business​
 

Yellow Plate Dialogues | Power Panel 1 – Challenges & Opportunities in Fleet Business: www.youtube.com/watch?v=8cUwnb2wgAA
 

About WAF

World Auto Forum (WAF) is a global Auto & Mobility Think Tank with community members across 125 countries. It serves as a platform where Chairpersons and CXOs engage as actively as interns and young professionals, making it one of the most inclusive industry networks worldwide.
 

WAF Auto News is ranked the world’s No. 1 in Auto News, Auto Awards, and Auto Think Tank ( just try and Google once!), while WAF TV, its digital broadcasting arm, hosts around a thousand industry videos and dialogues.
 

WAF also curates widely respected programs including 13th WAF Awards, 11th IVASS by WAF, Yellow Plate Dialogues, and CXO Roundtables — platforms where top leaders of the auto and mobility ecosystem turn meaningful conversations into impactful action.
 

11th IVASS - India Vehicle After Sales Summit - The Place where top After Sales Service Leaders, their teams, Dealers and Suppliers meet each year! It shall be on 13th Dec, 2025, Holiday Inn Aerocity, New Delhi. The Second Sat of Dec each year is IVASS Day!
 

For more information, please contact:

Sheenu Kamra, sheenu@waf.bz, 9810714455
Anuj Guglani, hi@waf.bz
Follow Us at #yellowplatedialogues, #YellowPlate, #YPD, #waftv, #WafAnnualPartner, #IVASS
Official WAF Site: worldautoforum.com
YPD 2025 Pics: www.facebook.com/media/set/?set=a.1254193576719673&type=3
YPD Session Videos at WAF TV: worldautoforum.com/waf-tv

Mr. Sudarshan Venu, Chairman, TVS Motor Company

As part of this initiative, TVS Motor has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive design and engineering powerhouse known for advanced prototyping, innovation in high-performance motorcycles, and deep experience in MotoGP racing. The acquisition reflects TVS Motor’s commitment to strengthening its design and engineering base to accelerate the creation of next-generation mobility platforms.

The CoE is designed as a concept-to-product innovation hub, seamlessly integrating Engines Engineering’s expertise with TVS Motor’s global R&D capabilities. By uniting diverse engineering teams and expanding access to global talent pools, the CoE will significantly enhance the company’s speed to market, product differentiation, and technological leadership.

In addition to bolstering TVS Motor’s premium and future-ready product pipeline, the CoE will also add new capabilities to Norton Motorcycles, the company’s iconic British marque, supporting its ambition to craft modern luxury motorcycles with cutting-edge performance and design.

Commenting on the development, Sudarshan Venu, Chairman, TVS Motor Company, said, “The establishment of the new Italian Global Centre of Excellence marks another milestone in strengthening our capabilities and accelerating our journey to reimagine mobility. By combining the creativity and racing expertise of Engines Engineering with our engineering and design strengths, we are expanding our ability to deliver premium, connected, and electric vehicles that set new global benchmarks. Importantly, this Centre of Excellence further augments Norton’s capabilities, enabling it to advance its craft of exceptional high-performance motorcycles that not only honour its iconic legacy but also elevate its future ambitions.”

Key focus areas of the CoE include:

• Design Leadership and Engineering Excellence: Advancing capabilities in digital simulation, rapid prototyping, and modular platform development to set new benchmarks in performance and reliability.

• Future Mobility Technologies: Accelerating adoption of AI-driven design tools, advanced material applications, and digital integration to deliver vehicles that are connected, sustainable, and intuitive to use.

• Global Talent & Collaboration: Creating a magnet for world-class talent while building an ecosystem that engages universities, startups, technology leaders, and suppliers worldwide to co-develop disruptive solutions and foster innovation at scale.

With this initiative, TVS Motor will be able to reduce product development cycles, enhance design flexibility, and expand its premium portfolio, including high-displacement motorcycles, advanced scooters, and new electric mobility platforms. The expanded engineering depth will also strengthen Norton’s pipeline of high-performance motorcycles, enabling it to further solidify its position as a modern luxury brand.

This approach aligns with the company’s broader aspiration to improve the quality of life for people globally through compelling, sustainable mobility solutions.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland.   TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. 

Launch of TVS King Kargo HD

The TVS King Kargo HD EV is designed to elevate safety, comfort, and connectivity for last-mile delivery operators. It introduces a host of segment-first features - LED headlamps and tail lamps for enhanced night-time visibility; a spacious cabin with fully rolling windows; stylish door trims for improved ventilation; and a dedicated Power Gear Mode that delivers superior torque under load. As India’s first Bluetooth enabled cargo three-wheeler, it comes equipped with TVS SmartXonnectÔ, offering 26 smart features. The twin-axis rear-view mirrors, enhance visibility, ensuring safer navigation through congested city streets.

Best-in-segment features (EV)

• Top speed of 60 km/h

• 6.6 ft Load Deck with Leaf Spring Suspension

• Warranty 6 years / 1.5 Lac kms

• Water wading capacity of 500 mm

• Charging time of 3 hours & 10 min

• Ground Clearance of 235 mm with the lowest loading height of 703 mm for ease of use

• Lowest Turning Radius of 3,420 mm for better manoeuvrability in tight spaces

• Shortest breaking distance with bigger drum diameter of 200mm

• Equipped with TVS Connect Fleet- India’s first three and two-wheeler telematics solution for fleet owners

Commenting on the launch, Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, said, “The launch of the TVS King Kargo HD represents a transformative moment in the evolution of cargo mobility, aligned to our ‘Re-Imagine 2030’ vision. This three-wheeler will set new benchmarks by delivering an unmatched combination of smart features, high load capability, comfort, ergonomics and safety. Coupled with the TVS Connect Fleet, the vehicle will empower businesses and also improve the everyday life of operators. With the TVS King Kargo HD EV, we are confident of redefining customer expectations and enabling them to achieve more, every day, effortlessly.”

The TVS King Kargo HD EV is powered by TVS Connect Fleet, a robust web-based platform that empowers fleet operators of two and three-wheelers with complete control and visibility of their operations. With 31 advanced features including real-time tracking, remote asset control, APIs, alerts, reports, reminders, and intelligent dashboards, the platform ensures optimal vehicle utilization and enhanced uptime. Seamlessly integrated with TVS Motor’s connected vehicle ecosystem, it delivers intuitive dashboards, actionable analytics, and a mobile-responsive interface designed for dynamic, on-the-go fleet management.

In the first phase, the TVS King Kargo HD EV will be available across key markets including Delhi, NCR (Faridabad, Noida, Gurgaon, Ghaziabad), Rajasthan and Bengaluru at a price of Rs. 3.85 Lakhs (ex-showroom Delhi).

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 90 countries in which we operate. 

For more information, please visit www.tvsmotor.com

Vietnam’s Party General Secretary To Lam presents the First-Class Labor Order to Mr. Pham Nhat Vuong– Chairman of Vingroup – in recognition of the Group’s outstanding achievements, at the National Exhibition Fair Center in Hanoi, Vietnam

The conferment ceremony was part of the Inauguration and Groundbreaking Ceremony of National Projects commemorating the 80th anniversary of Vietnam’s National Day (September 2, 1945 – September 2, 2025), held at the inauguration site of the National Exhibition Fair Center, Tu Lien Bridge area, Dong Anh District, Hanoi.

Located in Hanoi, the National Exhibition Fair Center covers 90 hectares and ranks among the world’s top 10 largest exhibition venues

The National Exhibition Fair Center is a state-level key project, ranked among the top 10 largest exhibition centers in the world. With a total area of about 900,000 square meters, it is envisioned to become a premier international destination for global trade fairs and exhibitions, as well as a new symbol of Hanoi’s development.

Construction commenced on August 30, 2024, and the site was handed over on June 27, 2025—after just 10 months of construction, 15 months ahead of schedule. This remarkable pace set a new benchmark in Vietnam’s construction sector, overcoming major challenges in engineering and executing a massive steel dome structure of unprecedented scale and complexity.

As both investor and general contractor, Vingroup maximized all resources, proactively designed construction plans, coordinated manpower, equipment, and materials, and ensured seamless supply chain management across multiple contractors.

During peak construction periods, the project mobilized hundreds of contractors and about 3,000 workers and engineers, supported by 800–1,000 pieces of heavy machinery sourced from across the country, including 300–500 ton cranes and super-heavy transport vehicles. The site operated at full intensity, 24/7 in three shifts, optimizing every moment to shorten construction time by 60%.

While accelerating progress, Vingroup also maintained strict oversight of each component, ensuring safety, quality, and long-term sustainability of the project.

Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup, shared, “Receiving the First-Class Labor Order at the inauguration of the National Exhibition Fair Center is a profound honor and pride for all Vingroup employees. We are committed to continuing our spirit of perseverance and determination to operate the Center successfully, contributing to making Hanoi and Vietnam leading destinations for world-class political, economic, cultural, and social events.”

At the heart of the Center is the Kim Quy Exhibition Hall, one of the world’s largest circular exhibition hall with an area of approximately 130,000 square meters and a central height of 56 meters.

Inspired by the sacred Golden Turtle God (Kim Quy) of the Co Loa legend, the hall’s unique architecture is hailed as a new wonder of the capital. Its engineering posed extraordinary challenges: a steel dome weighing 24,000 tons, assembled from ultra-large steel beams and high-strength bolts using specialized torque-severing methods to ensure quality control and double the standard safety factor. The roof is covered with ultra-light, ultra-durable fiberglass fabric, offering natural translucency and energy efficiency in line with global green building standards.

Beyond the Kim Quy Exhibition Hall, Vingroup has developed a comprehensive exhibition ecosystem including four outdoor plazas (East, West, South, North), the VinPalace International Convention Center, landscaped green parks and lakes, and large-scale parking facilities. With capacity for hundreds of thousands outdoors and thousands indoors, the Center is not only suited for mega exhibitions but also for large-scale events such as concerts, national festivals, and global technology showcases—meeting the strictest international requirements and redefining Vietnam’s MICE (Meetings, Incentives, Conferences, and Exhibitions) industry.

One of the key drivers behind this construction milestone is the upcoming National Achievements Exhibition – 80 Years of Independence, Freedom, and Happiness, taking place from August 28 to September 5, 2025. For the first time, all provinces, ministries, sectors, and enterprises across Vietnam will gather in a single national-scale exhibition, expected to attract millions of visitors and reignite national pride.

The accelerated completion of the National Exhibition Fair Center not only demonstrates Vingroup’s strong financial capacity, professional execution, and effective project management, but also affirms its commitment to serving the nation and the strength of Vietnam’s private enterprises in this new era of global integration.

Mr. Go Suzuki (MD, Terra Motors) with newly appointed L5 dealer in Varanasi, Uttar Pradesh

This appointment comes in response to the overwhelming interest generated post-launch. Since the official unveiling on May 27, Terra Motors has received over 100 dealership enquiries within just two weeks. Its a signal of the market’s readiness for the high-speed auto segment. Terra Motors is now actively onboarding forward-looking dealers, with a specific focus on partners from both existing L3 markets and established L5 territories.

“This is more than just our first dealer appointment – it’s the milestone for our aggressive expansion strategy,” said Mr. Go Suzuki, Managing Director, Terra Motors India. “We are witnessing a shift in how cities approach clean mobility. With Kyoro+, we aim to lead this transformation by offering a product that is high on performance and accessible through flexible finance options like zero down payment. The appointment in Varanasi reflects the power of the product-market fit and our intent to grow rapidly across Uttar Pradesh.”

With many L3 (e-rickshaw) dealers facing regulatory restrictions in key city areas, Terra Motors is encouraging them to transition to the growing L5 segment. The newly appointed dealer, M.M. Enterprises, had been operating in the L3 category with one of the leading OEMs with strong sales volume, but identified the potential in L5 due to evolving local traffic norms limiting CNG and e-rickshaws on main roads. Recognising this shift, he was attracted to Terra’s L5 offering. Mukhtar Ansari, proprietor of M.M. Enterprises, shared, “We’re excited to partner with Terra Motors and introduce a product that ticks every box – mileage, comfort, price, and most importantly, financing for end customers.”

The Kyoro+ is engineered for efficiency and comfort with a range of 200 km, 5-year warranty, and on-road price starts from Rs. 3.65 lakh. Backed by Terra Finance’s zero down payment offer, it becomes one of the most compelling choices in the L5 passenger vehicle category.

This announcement is just the amplification of Terra Motors’ aggressive dealer network expansion for the L5 segment. We’re inviting established L3 dealers to upgrade with us and lead the L5 shift in your city. Be among the first in your region. The company aims to establish a strong footprint across key Indian cities by onboarding dealers with EV OEM background.

About Terra Motors

Terra Motors Corporation is a leading Japanese manufacturer of electric two- and three-wheelers, founded in April 2010 and headquartered in Tokyo. The company operates production plants in India, Bangladesh, Vietnam, and Japan, serving markets across South and Southeast Asia, including India, Nepal, Taiwan, and Thailand. Since entering India in 2014, Terra Motors has rapidly expanded its presence, establishing over 400 dealers by 2024, and continually increasing its production capacity. Terra Motors also operates Terra Charge, its dedicated EV charging infrastructure division, with the goal of deploying up to 1,000 charging points in India to support the country’s growing electric mobility ecosystem. The company remains committed to sustainable mobility and actively supports India’s “Make in India” initiative through innovative electric vehicle solutions. For dealership inquiries or to book the electric vehicle, please contact us at ev.auto@terramotors.co.jp or WhatsApp us at +91 91477 52921.

PPS Motors inaugurated Uttar Pradesh’s largest and 1st day & night service workshop of BharatBenz in Lucknow covering 60,000 sft at Banthra, JunabGanj on the Lucknow–Kanpur Highway

Strategically located at Banthra, JunabGanj on the Lucknow–Kanpur Highway, this modern 60,000 sq. ft. facility is designed to meet the growing demand for quality commercial vehicle service in the region. With 15 advanced service bays, that can easily cater around 7,500 vehicles per year, and a dedicated team of 85 trained professionals, the workshop is equipped to handle a high volume of vehicle maintenance and repair tasks during the day as well as night hours. The facility also includes air-conditioned driver rest areas to ensure comfort during service wait times. It will play a crucial role in supporting the BharatBenz fleet deployed in infrastructure-heavy zones, including nearby expressway and ring road construction projects. In addition to truck servicing, the workshop will also cater to the needs of bus operators in Lucknow and surrounding districts.

With this addition, PPS Motors has strengthened its extensive BharatBenz network across India. The group now operates 59 touch-points across seven states and union territories - Uttar Pradesh, Madhya Pradesh, Jammu & Kashmir, Ladakh, Odisha, Assam, and Meghalaya.

Speaking on the occasion, Mr. Rajiv Sanghvi, Managing Director, PPS Motors, said, “We are delighted to further expand our footprint in Uttar Pradesh with the inauguration of this BharatBenz workshop in Lucknow. The new workshop is positioned to serve commercial vehicles operating on one of the state’s busiest transport corridors. As the largest BharatBenz service facility in the state, it reflects our commitment to providing high-quality service support during the day and even in the night hours, to our valued customers in Uttar Pradesh. This facility stands as a testament of our commitment to delivering best-in-class ownership experience, aimed at maximizing vehicle uptime and enhancing our customers’ profitability.”

The new Lucknow facility enhances PPS Motors’ robust network of BharatBenz service centres to 15 across Uttar Pradesh, with upcoming workshops in the state at 10 more locations.

About PPS Motors

PPS Motors is part of a larger automobile group - one of the country's largest spread automobile conglomerates - with a rich experience of 75+ years, operates through 720+ automobile touch-points across 18 states supported by a dedicated team of over 18,000 expert professionals. PPS Motors provides exceptional service and upholds high standards of professionalism. PPS Motors represents a diverse spectrum of auto segments, including 18 brands in passenger vehicles, light and heavy commercial vehicles, and construction equipment. The conglomerate stands as a formidable force representing 20 renowned brands and registered an annual group turnover of INR 18,800 crores in FY 2024.

JSW MG Motor India, today, launched MG Windsor PRO at PPS Motors MG showroom at LB Nagar, Hyderabad that will elevate the business class travel experience with the inclusion of new tech and safety features, along with a new 52.9 kWh battery pack. The MG Windsor has witnessed phenomenal customer response since its launch and the addition of the PRO series will further strengthen its market performance. Launched at an attractive introductory BaaS price of INR 12.49L + INR 4.5/km and ex-showroom price of INR 17,49,800 (Valid for first 8,000 bookings), the MG Windsor PRO promises to accelerate the rapid transition to EVs.

PPS Motors launched MG Windsor PRO by Mr. Krishnaih, ACP – LB Nagar, Mr. Neeraj G, CEO PPS MG, Mr. Abhinay Akula, ASM – MG India, for Telangana at its LB Nagar, Hyderabad showroom

Key Highlights:

• The MG Windsor PRO will be available at an introductory ex-showroom price of INR 17,49,800 (valid for first 8,000 bookings)

• MG Windsor PRO will be available in the Essence PRO variant

• The company has onboarded new financiers, such as IDFC First Bank and Kotak Mahindra Prime, to further the reach of BaaS^*

• MG Windsor became the fastest EV to achieve the 20K sales milestone since launch

Product Highlights:

• PRO Battery: Larger battery pack of 52.9 kWh, offering certified range of 449 kms** (MIDC P1+P2)

• PRO Safety: Offered with 12 major ADAS L2 features, providing a safe driving experience every time

• PRO Tech: Equipped with Vehicle2Load and Vehicle2Vehicle, capable of powering up other appliances and e-vehicles

• PRO Convenience: Enhanced comfort and convenience with the addition of Powered Tailgate

• PRO Interiors: Dual-tone Ivory and Black interiors enhance the premium appeal of the car

• PRO Style: 3 new colour shades (Celadon Blue, Aurora Silver, Glaze Red) offered with 18” dual tone machined alloys

JSW MG Motor India has on-boarded new financiers, such as IDFC First Bank and Kotak Mahindra Prime to expand the reach of its Battery-As-A-Service (BaaS), an innovative ownership package that has made EV ownership flexible for Indian car buyers. This innovative ownership scheme was first launched in September 2024 and today is supported by six financiers, including Bajaj Finserv, Herofi0n Corp, Ecofy, VidyutTech, IDFC First Bank and Kotak Mahindra Prime. The company will offer lifetime battery warranty to the first owner of MG Windsor PRO. In addition, JSW MG Motor India will offer its 3-60 assured buyback plan*** for the MG Windsor PRO which ensures that it will retain 60% of its value after 3 years.

Speaking on the launch of MG Windsor PRO, Anurag Mehrotra, Managing Director, JSW MG Motor India, said, “MG Windsor has been instrumental in accelerating the growth of India’s 4W-EV segment, winning customers over with its compelling value proposition. Positive word-of-mouth from early buyers fuelled its rapid acceptance, extending its reach beyond metro cities into Tier II and III markets. By introducing a product that stands apart from the conventional, we have successfully connected with a new wave of buyers. Alongside our partners, we remain committed to redefining the Indian auto landscape by delivering relevant innovations at the right time with the right technology. The launch of the MG Windsor PRO reflects our commitment to providing expanded choices, instilling greater confidence in EVs in general, and inviting more customers to venture confidently into the future of sustainable mobility.”

Speaking on the occasion Mr. Rajiv Sanghvi, Managing Director, PPS Motors said, “The MG Windsor has been a landmark success for MG Motor India, emerging as the highest-selling EV in the country. With the introduction of the MG Windsor PRO, we are building on that success - offering a significantly extended battery range, cutting-edge safety features including ADAS, and a suite of enhancements designed to deliver greater comfort and convenience to our customers. We have already received around 225 bookings for the MG Windsor PRO in Telangana and we are thankful to all our customers for their overwhelming response to the MG Windsor PRO.”

PRO Battery, Interiors & Style: The Windsor PRO, now comes with a larger 52.9 kWh battery pack, offering an extended certified range of 449 km** (MIDC P1 + P2), while delivering 136 PS of power and 200 Nm of instant torque. In addition, the Windsor PRO will offer three new and vibrant colour options, Celadon Blue, Aurora Silver and Glaze Red, along with a new 18” dual tone machined alloys, enhancing its style quotient. The new dual-tone Ivory and Black interiors will entail an all-new cabin experience.

PRO Safety: The Windsor PRO also comes equipped with Level 2 Advanced Driver Assistance Systems (ADAS), offering 12 major features with 3 levels of warnings (audio, visual and haptic), always ensuring the safety of occupants. These features include Traffic Jam Assist, Vehicle Safe Stop, Adaptive Cruise Control, Bend Cruise Assistance (Sub-function of ACC), Lane Departure Warning, Lane Departure Prevention, Lane Keep Assist, Intelligent Headlamp Control, Forward Collision Warning. Automatic Emergency braking system, and Intelligent Hydraulic Braking Assistance.

PRO Tech & Convenience: The new Windsor PRO gets a suite of “PRO” features elevating comfort, technology and luxury. It now gets Vehicle-to-Load (V2L) and Vehicle-to-Vehicle (V2V) technologies. The V2L features allow users to power external devices directly from the car, making it ideal for outdoor enthusiasts and professionals alike. While the V2V technology enables energy sharing capabilities between compatible EVs – underscoring MG’s commitment to sustainable innovation. The car also comes equipped with a Powered Tailgate, adding a touch of convenience for customers.

The MG Windsor PRO features the futuristic AeroGlide design language and is built on MG’s Global Smart Electric Platform, renowned for its reliability. The new interiors are plush, and the reclinable (up to 135 degrees) Aero Lounge seats turn every journey into a premium experience. Additionally, the expansive Infinity View Glass Roof adds to the business-class experience. Immersive technology powered by i-SMART ^# with 80+ connected features,100+ AI-based voice commands, and entertainment features is powered by a massive 15.6” GRANDVIEW Touch Display in the central console.

About JSW MG Motor India

SAIC Motor, a global Fortune 500 company with a presence in over 100 countries and JSW Group (India's leading conglomerate with interests across B2B and B2C sectors), formed a joint venture - JSW MG Motor India Pvt. Ltd. in 2023. The joint venture aims to build an innovative and sustainable automotive ecosystem while continuing to stay focused on developing a diverse portfolio of vehicles to give car buyers better access to advanced technologies and futuristic products with attractive value propositions. JSW MG Motor India Pvt. Ltd. is committed to introducing world-class technology, strengthening the manufacturing landscape, best of innovation across its business operations, and generating significant employment opportunities through extensive localization.

About Morris Garages

Founded in the UK in 1924, Morris Garages vehicles were world-famous for their sports cars, roadsters, and cabriolet series. MG vehicles were much sought after by celebrities, including British Prime Ministers and even the British Royal Family, for their styling, elegance, and spirited performance. The MG Car Club, set up in 1930 at Abingdon in the UK, has thousands of loyal fans, making it one of the world’s largest clubs for a car brand. MG has evolved into a modern, futuristic, and innovative brand over the last 100 years. Its state-of-the-art manufacturing facility in Halol, Gujarat, has an annual production capacity of 1,00,000 plus vehicles and 6,000 direct and indirect employees. Driven by its vision of CASE (Connected, Autonomous, Shared, and Electric) mobility, the innovative automaker has augmented across-the-board ‘experiences’ within the automobile segment today. It has introduced several ‘firsts’ in India, including India’s first Internet SUV – MG Hector, India’s first Pure Electric Internet SUV – MG ZS EV, India’s first Autonomous (Level 1) Premium SUV – MG Gloster, the Astor- India’s first SUV with personal AI assistant and Autonomous (Level 2) technology, MG Comet – The Street-Smart Car and India’s first Intelligent CUV, MG Windsor.

Website: www.mgmotor.co.in

Facebook: www.facebook.com/MGMotorIN  

Instagram: instagram.com/MGMotorIN

Twitter: twitter.com/MGMotorIn/  

LinkedIn: in.linkedin.com/company/mgmotorindialtd 

Arun Surendra, Chairman & MD - VST Group, and Anne Schnieders, After Sales Director - Porsche ME and Africa FZE, inaugurate the New Porsche Centre in Whitefield, Bengaluru

The showroom houses Porsche’s full model lineup, with extensive customization options for customers to personalize their vehicles. In addition to sales, the facility offers exclusive Porsche driving experiences, allowing customers to engage with the brand beyond the showroom floor.

As the only authorized Porsche service center in Bengaluru, this new facility is equipped with diagnostic tools and staffed by highly trained technicians, ensuring world-class maintenance, repairs, and genuine Porsche parts for owners.

Commenting on the launch, Arun Surendra, Chairman & Managing Director, VST Group, said, “With a new showroom, we are making Porsche more accessible to our customers in Bengaluru.This facility is designed to offer a better buying and ownership experience, whether you’re purchasing your first Porsche or maintaining a long-time favorite.”

With this expansion, VST Supercars Pvt. Ltd. continues to strengthen its role in Bengaluru’s luxury car market, providing more convenience, service, and access to Porsche vehicles for enthusiasts across the city.

About VST Group
VST Group, a 114-year-old business house based in Bengaluru, is one of India’s largest and most diverse automobile retail networks, representing 12 international brands. In the luxury segment, the group offers Porsche, Mercedes-Benz, Jaguar, Land Rover, Ducati, and Maserati. In the mainstream segment, it represents Volkswagen, Mahindra, Kia, BYD, Tata Trucks, and Honda Scooters.

Beyond automotive retail, VST Group holds a majority stake in VST Tillers Tractors Ltd., a publicly listed company specializing in the manufacturing of tractors and agricultural components. The group also operates in commercial real estate and financial services, with a combined annual turnover exceeding USD 570 million.

Know more: www.vstgroup.com.

MG Hector

The study highlights how both petrol and diesel variants of the MG Hector deliver outstanding resale percentages. The diesel variant recorded a resale value of 74.46% in 2019, which surged to 88.76% by 2022, surpassing competitors like the Jeep Compass (43%), Tata Harrier (59%), and Mahindra XUV500 (74%). The petrol variant exhibited a similar trend, with a 72.21% resale value in 2019, climbing to 86.18% by 2022.

"Droom Analysis Team Official Quote: The MG Hector’s exceptional resale value is a testament to its robust build quality, advanced features, and sustained demand in the pre-owned car market. Its ability to retain value significantly better than its competitors makes it a standout choice for buyers looking for long-term value and reliability. The Hector isn’t just an SUV; it’s a smart investment that continues to deliver, mile after mile, year after year.”

Fuel efficiency is another area where the MG Hector shines. With a highway mileage of up to 21 kmpl, the Hector outperforms many of its rivals, including the Tata Harrier, which averages around 18 kmpl. This impressive fuel economy not only reduces the frequency of fuel stops but also lowers overall running costs, making the Hector an attractive option for cost-conscious buyers. Additionally, this fuel efficiency contributes to a greener, more eco-friendly driving experience.

With low maintenance costs compared to premium hatchbacks, the MG Hector stands out as a smart investment in the SUV segment. It also offers reasonable costs for routine servicing and replacement parts, which contributes to its overall lower cost of ownership. These affordable maintenance costs make the Hector an appealing choice for those looking for an SUV that offers both performance and financial peace of mind.

Comparative Resale Value
 

About Droom
Droom is India’s largest AI-driven 21st-century futuristic E-Commerce platform, transforming the Indian automotive market by offering the widest selection of new and used vehicles, from bicycles to planes. With over 2.5 million satisfied customers, Droom provides services like buying, selling, financing, insuring, and certifying vehicles. Its proprietary tech and AI-driven ecosystem, known as DCS (Droom Certification Services), include tools like Orange Book Value for pricing, ECO for vehicle inspection, and History for vehicle records, ensuring trust, convenience, and peace of mind. Droom offers India’s largest online selection of automobiles, with over 250k vehicles across 12 categories in 1,174+ cities, all supported by exceptional trust, diverse options, competitive pricing, and unmatched convenience.

EVR electric motor line new - Photo by Kseniia Poliak
 

EVR Motors has designed its patented TS-RFPM technology to redefine electric motor. Its smaller size, reduced weight, and cost-effective production offer significant advantages over existing radial flux permanent magnet motors. 

At the heart of this effort is EVR's new greenfield manufacturing facility in Manesar, India, operated under its subsidiary, I.EVR Motors Pvt Ltd. This plant is equipped to produce trapezoidal geometry coils—a key component of EVR's electric motor topology—at scale. With advanced automation, the facility is capable of manufacturing coils for up to 20,000 motors per month, with plans to increase capacity to 100,000 motors as demand surges.

Sajal Kishore, Managing Director, EVR Motors states, “Our industrialization strategy is deeply rooted in partnerships with leading players in the automotive industry. The motor manufacturing lines at EVR's partner facilities, Napino, EKA Mobility, and RSB Transmissions are poised to produce EVR’s motors for a variety of vehicle segments, including two and three-wheelers, light commercial vehicles, passenger cars, and e-buses.The partnerships represent a collective effort to accelerate the adoption of sustainable electric mobility solutions. The Manesar facility plays a critical role in supporting these collaborations.”

Eli Rozinsky, Founder & President, EVR Motors, “Our focus has expanded from research and development to establishing industrial reliability and scalability. The shift involves creating robust manufacturing processes, building a dependable supply chain, and ensuring consistent quality for its motors across applications. By achieving this, we are paving the way for its TS-RFPM technology to become a global standard.”

In addition to meeting domestic demand, EVR Motors has set its sights on international markets. The Manesar facility will not only support Indian manufacturers but also cater to global clients by exporting its trapezoidal geometry coils. Exporting coils marks a significant step toward global scalability. EVR’s ability to supply critical components to manufacturers worldwide underscores its industrial readiness and positions the company as a key player in the international electric motor market.

About Us 

EVR Motors is an Israeli firm which designs advanced electric motors to meet every customer’s specific requirement. The company’s electric motors are based on proprietary technology that reduces weight, volume, and cost relative to traditional state of the art motors. EVR Motors partners with OEMs and Tier 1s interested in manufacturing superior e-motors, and supports its partners through all the phases, from motor design through prototyping to manufacturing preparation.

EVR is now industrializing a variety of motors, suitable for most mobility and industrial applications in it’s facilities in Israel.

Profile Sajal Kishore:

Sajal Kishore is the Managing Director for I.EVR Motors.

He has held key corporate functions in General Management, Corporate Strategy & Planning and Business Development. Former CEO at JS Power and Head Corporate Strategy & Planning at Napino. Holds MBA from Banaras Hindu University and an Industrial Engineering degree from RVCE.

Profile Eli Rozinsky:

Eli Rozinsky is the President & COO, Co-Founder of EVR Motors.

Start-up veteran, with a demonstrated history of working in the renewables, electric vehicles and IT industries. B.Sc. in Electrical Engineering. In 2012 together with Victor Kislev, and Ruslan Shabinski, Eli founded EVR Motors re-inventing electric motor topology.

Sujeet Nair, CEO & Founder of Edel Assurance

Transforming Vehicle Repair Experiences

The days of car owners experiencing excessive stress owing to six-figure repair expenditures are long gone. In addition to the engine and transmission, Edel Assurance provides comprehensive coverage plans. Edel Assurance, a partner dedicated to car performance, safety, and dependability, makes sure that clients only obtain high-quality services from approved dealers. Vehicle owners can save a significant amount of money by selecting Edel Assurance's extended auto warranty, which provides protection against both major repairs and related labor expenses.

A Comprehensive Warranty That’s More Than a Promise

Edel Assurance’s commitment to its customers goes beyond just providing a warranty; it is a pledge of superior service. The company offers unparalleled benefits such as:

• Claims Settled in Less Than 24 Hours: With a streamlined claims process, Edel Assurance guarantees that vehicle owners can access necessary repairs promptly and efficiently.

• Policy Approval in 24 Hours: Fast and hassle-free policy approval ensures that customers can enjoy peace of mind without delays.

• 24/7 Roadside Assistance: Vehicle breakdowns can be unpredictable and stressful. Edel Assurance provides dedicated round-the-clock roadside assistance available across India. Whether it’s a flat tire or an emergency tow, expert help is just a phone call away.

Tailored Coverage Plans at Competitive Rates

Edel Assurance prides itself on offering some of the highest levels of vehicle coverage at the most competitive rates in the market. By offering a range of policies tailored to each car owner's particular requirements, Edel Assurance guarantees that clients get the best protection without breaking the bank. The guarantee covers a variety of essential car elements, including powertrain components and cutting-edge safety features, protecting consumers from unforeseen repair costs.

A Consultative Approach to Customer Satisfaction

Edel Assurance is more than just an extended warranty provider; it’s a trusted partner committed to customer confidence. From the moment a vehicle owner requests a quote, the Edel team engages in a consultative approach to help them choose the perfect plan tailored to their requirements. Each step of the process is explained in detail to ensure transparency, trust, and satisfaction.

Experience Quality, Safety, and Reliability with Edel Assurance

“At Edel Assurance, we believe that our customers deserve the best in vehicle protection,” said Sujeet Nair, CEO and Founder of Edel Assurance. “Our comprehensive warranty plans are designed not just to meet, but to exceed customer expectations by providing unparalleled service, coverage, and peace of mind. We are committed to ensuring that premium vehicle ownership is a hassle-free and cost-effective experience.”

About Edel Assurance

Edel Assurance is a leader in extended auto warranty services, dedicated to providing top-tier coverage and cashless repair solutions for premium vehicle owners. With a mission to safeguard vehicle performance and customer satisfaction, Edel Assurance has established a reputation for reliable, comprehensive, and innovative vehicle protection plans.

For more information about Edel Assurance and to request a quote, visit www.edelassurance.com

This expansion, expected to involve an investment of USD 3.3 million, will create 100 new jobs, Inteva Products said.

Inteva Products Pune Manufacturing Plant

The expansion will result in a 70% increase in the plant's production space, growing to 85,000 square feet (sq-ft). In addition to the expanded production area, the facility will also see the construction of an additional 26,000 sq-ft of office space. This will allow Inteva to install new production lines for window regulators, latches, and window regulator motor assemblies, positioning the company to better serve its existing customers and enhance supply chain capabilities in India.

Mr. Marco vom Wege, VP & Chief Commercial Officer; Mr. Gerard Roose, CEO & President; and Mr. Sanjay Kataria, VP & Managing Director, at the press meet announcing Inteva Products' manufacturing center expansion

The expansion is expected to create 100 new jobs in Pune, directly benefiting the local workforce and contributing to the economic growth of Maharashtra. With a focus on local talent, Inteva’s commitment to job creation aligns with India’s push for self-reliance in the automotive manufacturing sector. This move also serves as a testament to Inteva’s long-term investment in the region, reflecting the company's strategy to support India’s growing role as a global hub for automotive manufacturing.

“This expansion reflects Inteva’s ongoing commitment to the Indian market, which is critical to our global growth strategy,” said Gerard Roose, President and CEO of Inteva Products. “As demand for high-quality automotive components continues to rise, we are proud to increase our capacity to better serve our customers while creating valuable local employment opportunities.”

Strengthening the Supply Chain for Major Indian and Global Automotive Players

The company's sole facility manufactures automotive components such as side door latches, liftgate latches, window regulators, and motors for window regulators for leading Indian automakers. The plant is also a critical supplier to the global automotive supply chain, exporting window regulator motors to markets in South Africa and North America.

Sanjay Kataria, Vice President and Managing Director of Inteva India, said, "As part of this expansion at the Chakan plant, we are adding five new assembly lines, which will bring the total number of assembly lines to 17. This will help us increase our window regulator capacity to 6.3 million units by the end of next year."

Inteva Products first began operations in Pune in 2008 and moved to its greenfield plant in Chakan in 2012. Since then, the company has built a reputation for delivering high-tech automotive solutions with an emphasis on quality, efficiency, and sustainability. Inteva also operates a technical center in Bengaluru, employing approximately 317 staff, including 200 engineers, which supports both global and Indian operations with advanced product development and engineering expertise.

As the Indian automotive market continues to grow, Inteva is strategically positioned to meet the demand for innovative, high-quality components for both domestic and global customers. The company’s investment in India is part of a broader strategy to bolster its manufacturing footprint in emerging markets, contributing to both global automotive supply chains and local economies.

About Inteva Products

Inteva Products is a leading global automotive supplier providing innovative, reliable, environmentally friendly products that enhance vehicle quality, safety and performance.  Inteva has global resources for design, engineering, manufacturing and customer service for Closure Systems, Interior Systems, and Motors & Electronics. Formed in 2008, the tier-one supplier is focused on achieving sustained global growth, providing excellent customer service, and driving innovation.  Inteva was founded on innovative solutions and the use of applied technology to drive value-based solutions.  The company employs more than 8,000 people in 30 sites and maintains its World Headquarters in Troy, Michigan USA.

Save more, drive better from CARS24’s Grand Carnival Sale

This sale goes beyond transactions - it’s about celebrating milestones and fulfilling aspirations. Whether it’s a first car, an upgrade, or passing the keys to someone new, every journey begins with a dream, and CARS24 is here to drive that dream forward. 

With a wide assortment of thoroughly inspected, high-quality preloved second hand cars, including hatchbacks, sedans, SUVs, and luxury models, CARS24 ensures that every customer finds a vehicle suited to their needs and lifestyle - at the best possible prices.

To make the festive journey even more exciting, CARS24 is offering exclusive benefits worth up to ₹1 lakh. CARS24 has also teamed up with top-tier brands across travel, tech, fashion, hospitality and more. These partnerships ensure that every transaction brings additional joy and meaningful rewards – because at CARS24, it’s not just about buying a car, but creating an unforgettable experience.

CARS24’s Grand Carnival Sale promises to be the biggest sale of the year, bringing car buyers and sellers together to celebrate dreams and ambitions on the road ahead.

Travel Partner – Ixigo: Making Every Journey Count

The festive season is when millions of Indians hit the road or take to the skies to reconnect with loved ones. To make travel easier, CARS24 customers can win flight tickets worth INR 5000 every day during the sale. Additionally, all customers will enjoy 10% off on flights (up to INR 1000), courtesy of ixigo, ensuring travel is as seamless as it is memorable.

Digital Gold Partner – Gullak: Investing in the Future

Gold is synonymous with prosperity in India, and this festive season, CARS24 is adding value to every transaction. Through Gullak, customers receive 1gm of gold on every car purchases or sold, plus a 10% discount on test drive bookings. Every transaction becomes more than a purchase – it’s an investment for the future.

Electronics Partners – Croma: Tech at Your Fingertips

Festivals are the perfect time for tech upgrades. CARS24 customers can avail 7.5% off on purchases above INR 30,000 at Croma. Giving you the perfect reason to upgrade your home with the latest electronics this festive season and celebrate with the best in innovation and savings.

Hospitality Partner- FabHotels: Premium Budget Friendly Hotels

Festivals are the perfect time to plan travel and make memories. To add to the celebration, CARS24 has partnered with FabHotels to offer an assured free night stay for all customers buying or selling a car during the campaign period.

Beyond these exciting offers, CARS24 has also joined hands with R for Rabbit, Spykr,  Polco,  Art of Puja, and other leading brands to make every aspect of this festive season more meaningful and rewarding. From comfortable stays and spiritual offerings to child-friendly travel solutions, stylish fashion upgrades, smart tech, and vehicle protection, these partnerships ensure that every journey you take this Diwali is filled with joy, comfort, and value.

"Every car purchase marks the beginning of a unique journey, and this festive season, we wanted to make that journey even more memorable. By partnering with top brands across travel, tech, fashion, and more, we’re turning every ride into an experience filled with joy, convenience, and unexpected perks. Each collaboration is our way of celebrating alongside our customers, adding a little extra to their festivities—because every ride deserves a bonus surprise." said Gajendra Jangid, CMO and Co-founder of CARS24

The Grand Carnival Sale by CARS24 ensures that every car purchase or sale comes with thoughtful perks, making this festive season even more special. Whether it’s travel, tech, safety, or style, CARS24 customers get more than just a car – they get a complete festive experience.

About CARS24

CARS24’s mission is making car ownership effortless for people from all walks of life. Founded in 2015, CARS24 offers services like buying, selling, loans, insurance, driver on demand, FASTag, challans, scrapping and more—into one powerful platform making it the only super app in this segment.

Apart from this through CARS24 Financial Services, the company offers various vehicles lending products to the customers.

Allcargo Gati to roll out 1,700+ rebranded vehicles with Alternate Fuel Solutions for First & Last Mile Delivery

On the back of the ongoing implementation of government policy initiatives such as PM Gati Shakti - National Master Plan, National logistics policy and Bharatmala, Allcargo Gati is further expanding its service network in Tier 2 and 3 cities.

Commenting on the rollout of the rebranded fleet, Uday Sharma, Chief Commercial Officer, Allcargo Gati Limited, said, “The launch of our rebranded fleet underscores our commitment to sustainability and operational excellence. By integrating cutting-edge technology with enhanced efficiency, the AFVs are designed to reduce our carbon footprint while driving cost-effectiveness for our customers.”

“Roll out of our rebranded fleet marks a bold step toward a faster, more reliable, and environmentally responsible delivery experience. These rebranded vehicles will better meet the dynamic needs of the market. The initiative is in line with the Group’s vision to reduce ecological footprint by implementing innovative solutions,” said Kaushal Shetty, Head, Marketing and Transformation, Allcargo Gati. 

Allcargo Gati serves over 5,400 pin codes directly, with access to 19,800 pin codes, covering 735 out of 739 districts in India. The newly rebranded trucks feature superior fuel efficiency, and sustainability features to meet diverse and growing demands of the customers.

Allcargo Gati is part of Allcargo Group, a global logistics conglomerate with over 300 offices in 180 countries, offering International Air, Ocean and Multimodal Freight solutions, Inland Container Depots and Warehousing, bringing international-standard expertise to logistics operations across continents.

About  Allcargo Gati Limited (ACLGATI | 532345 | INE152B01027)
Allcargo Gati (formerly Gati which was founded in 1989) is one of India’s premier Express Distribution provider. With a strong presence across Asia, including a nationwide network that covers 99% of the country's districts, Allcargo Gati’s unparalleled reach creates the unique advantage of covering every part of India. Company’s integrated and IT-backed multi-modal network allows it to offer end-to-end supply chain solutions specific to varied business requirements. The strategic collaboration with Allcargo enables Allcargo Gati to leverage the strengths of parent’s global network operating in more than 180 countries and enhance its products and services portfolio. Key business verticals of Allcargo Gati include Express Distribution, Air Freight, E-commerce, First and Last Mile Logistics, etc. It also offers exclusive B2C services like Laabh, Bike Express, Student Express, and others. Its services and solutions have been designed to be flexible and scalable to meet the needs of different businesses across various industry sectors. Allcargo group stays true to its strong commitment to adhere to Environmental, Social, and Governance (ESG) standards and continues to direct efforts towards enhancing its people, technology as well as business processes and operations on a regular basis. The group has set out to achieve 100% carbon neutrality by 2040. Recently brand Gati has been Recognized as a Well-Known Trademark by the Indian Trademark Registry.

For more details: Visit: www.gati.com.

Enjoy OTTplay's offerings in a new avatar

With this innovative feature, passengers can now seamlessly access a wide array of streaming platforms directly from the car’s dashboard, just as they would on their laptops or tablets. Central to this offering is the OTTplay app with a slew of content across genres, languages and platforms, delivering an unparalleled selection of regional and global content for on-the-go viewing the users.

These special OTTplay packages enable users and car-owners to access 13 premium OTT platforms, all available for subscription to view their favourite content on the MG Motors’ Windsor EV’s dashboard. Designed with cutting-edge technology, the integration ensures that users can enjoy their favourite shows and movies seamlessly on the car dashboard. With intuitive controls and high-definition displays, the system offers a premium in-car entertainment experience, transforming downtime into an opportunity for relaxation or entertainment.

Commenting on the new collaboration, Avinash Mudaliar, Founder and CEO, OTTplay, said, “With the growing demand for connectivity and seamless entertainment experiences, we are thrilled to be a part of this pioneering feature in MG Motors’ latest car. Our association has ensured the inclusion of key OTT apps for the Indian households across the country, bringing a rich selection of content to our consumers’ fingertips, now making each journey more enjoyable and immersive. In our journey of constantly innovating, we are excited about building new avenues and formats for an entertaining viewing experience.”

The OTTplay app stands out with its vast library of diverse content, ranging from popular web series, movies, and documentaries to regional programs that cater to a broad spectrum of audiences. With its user-friendly interface and tailored recommendations, it elevates the in-car entertainment experience to new heights. With three affordable subscription packs – Binge, Elite and Trial Pack with Binge having 13 OTTs at only INR 99/Month, users can pick and choose the best suitable pack basis their requirements.

The infotainment system is designed to run smoothly on the car dashboard, providing a familiar interface akin to that of tablets and laptops. This is a significant step in OTTplay’s continued commitment of integrating smart technology and innovation into everyday living, enhancing comfort and entertainment for users across different viewing formats.

About OTTplay

OTTplay is India’s pioneering OTT aggregator that uses AI-based recommendations to revolutionize content discovery and consumption. With the introduction of OTTplay Premium, the platform now offers a curated selection of content from 40 premier OTT platforms which are personalized based on each user’s unique preferences.

Micro Pod ThermoFlex and Micro Pod LoadMax

The Micro Pod LoadMax features a spacious box with a capacity of approx. 50 cubic feet, tailored for handling large e-commerce shipments, appliance deliveries, and other bulky items. In contrast, the Micro Pod ThermoFlex is designed as a mobile refrigerator, catering specifically to frozen goods, fresh produce like fruits and vegetables, and dairy products, ensuring the maintenance of a consistent cold chain. Both variants offer flexible financing options, including finance, lease, and rental plans, to cater to diverse customer needs and enhance accessibility.

Equipped with cutting-edge technologies such as telematics, IoT integration, geo-fencing with remote vehicle locking, trip data monitoring, and battery state-of-charge (SOC) tracking, these variants are the result of extensive customer feedback and trials. Leading e-commerce and grocery companies have provided insights to optimize these vehicles for enhanced productivity in fleet operations. The Micro Pod ThermoFlex is ideal for transporting food, vegetables, dairy products, and even pharmaceuticals such as vaccines, while the Micro Pod LoadMax is suited for e-commerce logistics, distributor-to-retailer models, FMCG sectors, and other applications requiring substantial cargo capacity.

Mr. Namit Jain, Founder and CEO of Zen Mobility, expressing his enthusiasm on the launch, said, "We are thrilled to introduce the Micro Pod ThermoFlex and LoadMax, marking a substantial leap forward in the light mobility sector. These new variants embody our unwavering dedication to innovation and our commitment to addressing the evolving needs of our customers. Designed to deliver sustainable and efficient transport solutions, these cutting-edge offerings reflect our vision of setting new standards in electric mobility. With these new variants, we aim not only to enhance user experience and meet the needs of various industries but also to expand our footprint across India's dynamic and diverse market landscape."

Delivering exceptional utility with a maximum payload of 150 kilograms, the Zen ThermoFlex and LoadMax surpass conventional 2-wheelers' load capacities by 2.5 times. Operating at minimal running costs, they consume only 4 units of electricity and charge in approximately 2 hours. Incorporating lightweight technology, these vehicles achieve efficient performance with reduced battery costs and a lower cost-per-delivery. Their compact, ergonomic designs ensure rider comfort and ease of maneuverability in urban environments, complemented by robust braking systems designed for safety and reliability in all conditions. Rigorously tested over 150,000 km across diverse terrains and weather conditions, the Zen ThermoFlex and LoadMax demonstrate exceptional durability, providing logistics companies with dependable and sustainable transportation solutions that feature reduced maintenance costs and extended lifespans.

Zen Mobility continues to lead the charge in advancing sustainable transport solutions through innovative design and cutting-edge technology. Dedicated to enhancing the efficiency and productivity of last-mile delivery and logistics operations, Zen Mobility remains at the forefront of the electric mobility revolution. Both variants, the Micro Pod LoadMax and Micro Pod ThermoFlex, will be available through Zen Mobility’s extensive dealership network spanning over 12 cities across India namely New Delhi, Gurgaon, Chandigarh, Jaipur, Ahmedabad, Mumbai, Pune, Goa, Bangalore, Hyderabad, Chennai, Kolkata. Customers can place orders directly through Zen Mobility’s website or by contacting their customer service at 98107 76227 or email at info@zenmobility.com.

About Zen Mobility

Zen Mobility is a one-of-its-kind Light Electric Vehicle (LEV) OEM engaged in the design and manufacturing of customized & purpose-built EVs, with designs from Germany and built in India with a vision to transform modern-day mobility and logistics, Zen is focused on alleviating the challenges of the Last Mile delivery (LMD) segment. A brainchild of Namit Jain, Zen Mobility was established in 2019-20 as a spin-off of NTF Group - a renowned auto component manufacturer of engineering plastics and composites to majority of the Auto OEMs in India and globally.

L-R : Vipul Khandelwal- Sr Manager CSC; Avani Kapoor- Sr Vice President CSC;  Bhagwan Patil Chief strategy officer CSC with Rajat Gupta- EVP & Head  Commercial Mobility Business TVSM; Pushpak Barik- Head- Sales & Marketing TVSM; Krishna Kumar- Head System Process & Sales Training TVSM

CSC Grameen eStore was started by CSC eGov, the apex enterprise set up with the support of the government of India to digitally empower citizens of India.

Announcing the partnership, Mr. Rajat Gupta, Business Head of Commercial Mobility, TVS Motor Company, said, "We are excited to be on the CSC Grameen eStore. This partnership will help us expand our reach to areas so far untapped. VLEs being integrated in the their respective ecosystems, will ensure that as our first touchpoints, they are able to explain the product proposition in a language and environment that customers are familiar with. It will not just facilitate sales but also bring about a deeper customer connect.”

Mr. Avani Kapoor Sr Vice President , Business Head, CSC Grameen eStore said, “We welcome the TVS Motor Company on the CSC network. With a mission of ‘Atmanirbhar Bharat’, our aim is to bring world class products to rural areas. Commercial mobility is a key requirement for the country and its social and economic well-being. With TVS on the platform, VLEs get a wonderful portfolio of 3-wheelers to sell and customers get a great proposition to buy. We couldn’t have been more pleased.”

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

For more information, please visit www.tvsmotor.com.

The event delivered an unparalleled experience as participants drove state-of-the-art electric cars from the premium and luxury segments, leaving zero emission, reflecting Kalpataru's commitment to sustainable living and practices. This initiative not only showcased the convenience and sophistication of these long-range EVs but also emphasized the importance of eco-friendly actions. The event saw participation from a group of guests comprising of CXOs and entrepreneurs, and, importantly, automotive enthusiasts. The group also planted saplings in Karjat.

"Automobiles and infrastructure, have always been in the news of when it comes to air pollution,” pointed out Girish Karkera, Editor-in-Chief, carandbike.com. “A lot of work is being done by the stake holders to make a positive impact. The Zero Emission Drive was one such, aimed to create awareness on the efforts. From driving a convoy of high-tech automobiles with no tailpipe emissions, to planting more trees with our partner who is a leading infrastructure company, the message was loud and clear that we all need to do our bit for a cleaner world and inspire others to follow. My special thanks to all the car brands who volunteered with their machines and an enthusiastic bunch of people who drove responsibly."    

“At Kalpataru, we are dedicated to creating communities that thrive in harmony with nature. Our collaborative efforts with car&bike, such as the Zero Emission Car Drive and Plantation Drive, exemplify this dedication. These initiatives not only enhance environmental awareness but also strengthen community engagement, forging a deeper connection to sustainability. Kalpataru's dedication to a cleaner environment extends beyond singular events. With a rich history of partnering with Municipal Bodies and NGOs, we have consistently engaged in beautification and clean-up drives in public spaces, including local railway stations and beaches,” Tirthankar Ganguly, Director Marketing at kalpataru.

About car&bike

car&bike is a leading auto technology platform with a focus to build India’s largest hyper-local integrated platform for content and commerce. The platform has been built on path-breaking auto programming & the most credible awards for the last 20 years. In a short span of time, car&bike has clearly established itself as one of the top auto portals in the country and the fastest growing one by far. The business offers technology solutions to all the stakeholders of the automotive industry at various points of buy and sell value chain.

About Kalpataru

Established in 1969, Kalpataru Limited stands as a distinguished Indian real estate developer renowned for its commitment to crafting exquisite, sustainable, and value-driven residential and commercial spaces. Boasting over five decades of expertise, the company has successfully delivered a remarkable 22.39 million sq.ft. of projects across nine cities. These endeavours include over 110 landmark projects, benefitting more than 19,500 families.

Kalpataru has earned global recognition, securing several prestigious awards for its excellence in design and quality. The company consistently raises the bar in real estate development, emphasizing ethics, quality, innovation, and customer satisfaction. With an unwavering dedication to innovation and customer-centricity, Kalpataru continually evolves to design spaces that resonate with the ever-changing needs and aspirations of its clientele. Beyond its business pursuits, Kalpataru is deeply committed to societal well-being. The company actively engages in various social responsibility initiatives, making a positive impact on the communities it serves.

Indian Blue Book Launch - Mohammed Turra, CEO - Designate, Mahindra First Choice; Ashish Gupta, Brand Director, Volkswagen Passenger Cars India; Ashutosh Pandey, MD & CEO, Mahindra First Cars

Upgrading to a new pre-owned car is the top reason for owners to sell cars while budget buyers are predominantly looking for quality cars. Customers are also becoming more informed about car technicalities with 71% buyers looking at MMV (Make, Model & Variant) as a big consideration.

“The latest edition of the Indian Blue Book, a collaboration with Das WeltAuto. by Volkswagen, reinforces our confidence in the Indian pre-owned car market's explosive growth potential. The increasing involvement of organized players is bringing stability and trust to this market; achieving consistent profitability and providing superlative customer experience remains the top priorities for organised players,” said Mr. Ashutosh Pandey, CEO & MD, Mahindra First Choice.

Buyer Highlights

• The report found that majority of buyers are highly budget conscious (63 %) and looking for quality cars.

• Customers have become more informed about the technicalities of cars with 71% of buyers acknowledging overall repairs & servicing costs as a big consideration.

• Big shift noticed among consumers, who are prioritizing safety as a key feature in a used car, giving impetus to brands like Volkswagen for their 5-star GNCAP product portfolio of Taigun and Virtus

• 45% of buyers/intenders prefer local dealers for exploring, followed by Auto Tech Start-ups (26 %) & OEM backed brands (23 %).

• In terms of awareness and preferences of car leasing, 28% of buyers were aware of the concept while 62% of buyers would avail it in the future.

• Warranty and financial assistance topped the list of demands in terms of services.

• A majority of 56% did not prefer an EV used car.

Seller Perspective

• Upgrading to a new used car top reason to sell cars among 59% of respondents, followed by sufficiency of having another vehicle has increased as extra cars bought during COVID-19 are being sold now.

• Due to the Fastrack process in auto tech startups & OEM backed companies, the actual Turn Around Time (TAT) to sell a car has come down to 3 days

• Full payment within 24 hours remains the top priority among sellers during the sale process followed by vehicle inspection at a location of their choice.

“The pre-owned car market is significantly growing with the potential of it being double by FY 2028. The growth primarily comes from the evolving trends and customer preferences while selecting a pre-owned vehicle. A notable shift is the top priority for safety features, a transition similar to the new car industry, enabling a brand like Volkswagen, to be more accessible and in-demand for customers with our 5-star GNCAP rated product portfolio – Taigun and Virtus. The high preference for safety features and standards among customers is positively impacting the residual value of Volkswagen cars, especially the Taigun. We are confident the Das WeltAuto. business, will continue to grow as one of the top certified pre-owned car brands in India for customers,” said Mr. Ashish Gupta, Brand Director, Volkswagen Passenger Cars India.

Mahindra First Choice Wheels-backed Indian Blue Book launched the first edition in 2015 to highlight the trends in the used car industry in India. Since then, the annual report has been established as the largest and most intensive primary research conducted in India. Since 2022 Das WeltAuto., the pre-owned car brand of Volkswagen, and car&bike, a 100 % subsidiary of Mahindra First Choice Wheels, have co-curated this research report. 

About car&bike

car&bike is a leading auto technology platform with a focus to build India’s largest hyper-local integrated platform for content and commerce. The platform has been built on path-breaking auto programming & the most credible awards for the last 20 years. In a short span of time, car&bike has clearly established itself as one of the top auto portals in the country and the fastest growing one by far. The business offers technology solutions to all the stakeholders of the automotive industry at various points of buy and sell value chain.

About Mahindra First Choice Wheels

Mahindra First Choice Wheels is a dominant player in the Indian used vehicle eco system providing products and services to cater to the needs of retail and wholesale customers utilizing its “on-the ground” and “in-the-cloud” capabilities. The company has raised funding from Silicon Valley based Hedge Fund, Valiant Capital and Cox Automotive, a $22 Billion US based enterprise.

About Das WeltAuto. (DWA), the pre-owned car platform by Volkswagen Passenger Cars India

Das WeltAuto. is the certified pre-owned car business of Volkswagen Passenger Cars India. It’s a one stop solution that facilitates buying, selling and exchange of multi-brand pre-owned cars. It offers a comprehensive 154 check point inspection on pre-owned cars and enables customers to utilize the expertise and extensive network of 137 DWA outlets in making informed decisions. The DWA platform also conducts the necessary due diligence and certifies the vehicle along with offering warranty, service value packages, accessories options, extended warranty and maintenance program for its customers.

SKF India launches 'Install Confidence, Install SKF' Truck Activation Campaign
 

Alagesan Thasari, Director of SKF Automotive India & Southeast Asia, stated, "At SKF, we acknowledge our responsibility to the industries we serve, the society we’re a part of, and the planet we inhabit. The SKF Truck Activation Campaign represents a significant step towards bridging the gap between manufacturers and mechanics, fostering collaboration, and driving positive change within the automotive aftermarket industry. Through these initiatives, we aspire not only to empower mechanics but also to propel our collective journey towards a circular society."
 

Inside the uniquely designed truck, SKF will be showcasing offerings for CVs to the mechanics, educating them on the SKF Mechanic Partnership Program which offers them a unique opportunity to win exciting gifts. The truck will serve as a hub for knowledge exchange and skill enhancement, equipping mechanics with the latest trends and insights to excel in their profession.
 

Knowledge Sharing Session with Mechanics Inside the Truck
 

An immersive VR (Virtual Reality) experience awaits the mechanics in the SKF truck, wherein they will be transported into a virtual world where they can explore the wide range of SKF products and their applications.
 

In line with it’s purpose – ‘Together, we re-imagine rotation for a better tomorrow’, SKF remains dedicated to developing intelligent and clean solutions that contribute to a sustainable and better tomorrow for both people and the planet. SKF continues to reaffirm its strong association with the mechanics community through this exclusive initiative and build a sustainable future.
 

About SKF

SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2023 were SEK 103,881 million and the number of employees was 40,396. 

For more information, please visit www.skf.com/in.
 

® SKF is a registered trademark of the SKF Group. 

TVS Racing set for ARRC Season 2024

Replicating its domestic record, and continuing its international success after the first-ever TVS Asia One Make Championship (OMC) in 2022, TVS Racing is back with the third edition of the championship with more vigour and determination to create new records. Following its sheer dominance in domestic two-wheeler racing, TVS Racing is now geared up to host this flagship racing event this year alongside the FIM Asia (ARRC). Backed by four decades of racing pedigree, previous year’s championship demonstrated the product prowess of TVS Motor’s flagship motorcycle - TVS Apache RR 310 as it created a milestone for TVS Racing, setting a new top speed record of 215.9 kmph in its class at Chang International Circuit, Thailand. With a rich history and undisputed leadership in two-wheeler motorsports, TVS Racing has been instrumental in flourishing the racing performance culture and engineering the TVS Apache series through the company’s “Track to Road” philosophy. 

The season opener of the racing series scheduled to be held at Chang International Circuit, will be entertained by representatives from nine countries including new entries from Germany and Korea. Top three achievers, Md Muzakkir Mohamed of Malaysia, Hiroki Ono of Japan and Vorapong Malahuan of Thailand will be back once again for a full-season alongside selected riders from India and Indonesia as well as six newcomers for the season in the race category. The rider line-up will consist of fifteen riders in total.

The riders will race atop the TVS Asia OMC RR 310 motorcycle based on the stock TVS Apache RR 310, renowned for its exceptional performance, advanced aerodynamic design that is crafted in wind tunnel, and its agility as a race machine. For this season, the race bike’s performance has been further enhanced with an advanced EFi and electronics system. The overall braking has also been refined with improved engine braking, and a better and consistent brake system.

Commenting on the championship, Vimal Sumbly, Head Business – Premium at TVS Motor Company said, “Celebrating our third year at the Idemitsu FIM ARRC alongside TVS Asia OMC marks a significant milestone for TVS Racing. It's a testament to our enduring dedication to motorsport, excellence and innovation. Our continued participation underscores our commitment to pushing the limits of engineering and performance, while also providing an exciting platform for our riders to showcase their skills on the international stage. The race machines for this season of the championship get few important technical updates for further possibilities on the race performance. The engineering behind these race machines and insights from the races go into our products and showcase our strengths and transformations. As we embark on another thrilling season, we are eagerly excited by the opportunity to continue our legacy of success and to bring the thrill of racing to fans around the world. We look forward to another exciting year of competition, camaraderie, and, most importantly, the relentless pursuit of victory, and wish our racers luck for this season.”

Ron Hogg, Promotions Director of Two Wheels Motor Racing said, “TVS Asia OMC has been instrumental in the expansion of ARRC and since their debut in 2022, we have garnered vast support and recognition from our fanbase and motorsports community which has impacted the championship positively. This year, we are proud to mark the entries of two additional countries in the one-make series which I believe would also serve to broaden our brand proposition and incite new interests in the future. As we move forward, our goal remains the same which is to ensure our reach to a wider demography while elevating the standards of Asian motorsports.”

The riders of TVS Asia would also experience a new safety feature this season - the Alpinestars air-bag system, equipped in their racing suit this year. The air-bag is expected to further accentuate the safety functions while enhancing confidence among its riders for better performance. The Idemitsu FIM Asia Road Racing Championship will commence with Round 1 on 15^th March 2024 with no changes to its racing format. The season will move forward with six rounds for year 2024.

TVS Asia One Make Championship 2024

*top-three achievers
**existing riders
***newcomers

About TVS Racing

TVS Racing, a pioneer in building Motorsports in India since 1982, has been integral in growing the racing performance culture and has been pivotal in engineering the TVS Apache series through the company’s “Track to Road” strategy. The brand has redefined the sports segment by focusing on race performance, making it a highly desirable product for sports enthusiasts. This has resulted in TVS Apache and TVS NTORQ 125 becoming the fastest growing brands in their respective segments. TVS Racing is also the pioneer of the One Make Championship in the country, the first Indian manufacturer to introduce the series in India in 1994. 

Propel Industries Private Limited, a leader in the Crushing and Screening Equipment sector, unveiled two variations of EV Dump Trucks at EXCON 2023, today in the presence of Mr. Nitin Gadkari, Minister for Road Transport and Highways of India. The Electric Vehicle Dump Trucks - 470 MEV and 470 HEV come with gross vehicle weights of 45 and 60 respectively and have been designed and manufactured in India.

 

Sharing more details about the venture, Mr. V. Senthilkumar, Managing Director, Propel Industries Private Limited, said, “We are elated at having launched our EV Dump Trucks at South Asia’s largest construction equipment exhibition, EXCON. This is a significant milestone not just for us but for the Indian mining sector as well. Propel Industries is the first indigenous EV Dump Truck manufacturer in India, and it is a proud moment for us. We have channelised our experience and knowledge in designing EV Dump Trucks to maximise efficiency and give highest returns in the mining operations. Propel guarantees top-notch performance, unparalleled reliability and durability even in the most challenging mining environments.”

Product Highlights

• Battery packs from 171 to 450 kWh can be chosen. This makes it flexible, affordable and application specific. Batteries are custom configured according to the distance and gradient of mines to ensure driving time of 6 to 12 hours on a single charge; combined with 0-100% SOC charging in 1 hour. 

• Propel EV trucks offer significant savings in fuel costs - the running cost are 1/3^rd to 1/5^th less when compared to fossil fuel trucks. For top-down mines with enough gradient the EV truck may not require charging due to re-generative braking/charging.

• Propel EV Trucks use Lithium batteries with chilled cooling system ensuring optimal temperature for the battery even in harsh environments. The state-of-the-art Automatic fire extinguisher and Leakage Current detection (For both AC & DC) ensures safety of the driver and the vehicle in challenging conditions.

• The battery is warranted for 5 years or 4000 cycles. While industry leading features such as Payload detection, Driver fatigue warning , Automatic headlamp dipper and crash detection ensures safety, features like HVAC cool cabin, air suspended cabin, Automatic transmission and onboard diagnosis promises comfort.

• The Chassis frame with deeper section is fully reinforced for extreme road and payload conditions. ABS with Hill start assist feature ensures comfortable and safe up-hill driving. Heavy duty hub reduction axles specially designed for EV applications ensures high torque and payload.

Propel Industries aims to expand its range of electric trucks to on-road applications by the second quarter of fiscal year 2024. The trucks are currently undergoing homologation to prove their roadworthiness.

The launch event was graced by Chief Guest Honourable Minister of Road Transport and Highways of India, Shri Nitin Gadkari, a visionary with an innovative approach who ensures that India stays ahead in infrastructure development with equal emphasis on the environment and sustainability.

This introduction of state-of-the-art EV Dump Trucks reinforces Propel's position as market leaders in the mining sector.

Founded in 2009, Propel has rapidly emerged as India's fastest-growing Crushing and Screening equipment manufacturer. With decades of experience in engineering design and innovation, coupled with an unwavering commitment to customer satisfaction, Propel has solidified its position as an Industry leader.

Boasting a global customer base of over 2900 and a diverse product portfolio with 85+ equipment models, Propel offers stationary, semi-mobile, and mobile crushing and screening equipment, along with a comprehensive range of washing systems catering to the complete needs of the mining industry. We are proud to announce the addition of Road Pavers and concrete batching plants to Propel’s portfolio, further enhancing our offerings to cater the construction sector.

Propel's state-of-the-art, vertically integrated manufacturing units underscore their dedication to impeccable process and quality control. Propel today has a presence in 21+ countries worldwide. The company's commitment to cost-effectiveness is evident in its indigenously produced spare parts, contributing to enhanced performance and versatile applications at optimal costs.

Website: www.propelind.com

Facebook: www.facebook.com/propelindiacrusher

Instagram: instagram.com/propel_industries

YouTube: www.youtube.com/channel/UCmg6S9YN_1poMZAGbpc8Idg

Twitter: x.com/propelind

LinkedIn: www.linkedin.com/company/propelind.

Qapter ParkPlace

The announcement reiterates Solera’s commitment to advancing digitisation uptake in India, the world’s third-largest auto market^[1], with continued introduction of Solera’s technology solutions across insurance claims, vehicle servicing, and repairs.

According to the TechSci Research report^[2], India's Digital Insurance Platform Market is expected to reach USD 165.02 billion by 2024 at a CAGR of over 13% during 2019-2024. Over the years, India has witnessed a remarkable surge in digital adoption among consumers, driven by widespread availability of connectivity and rapid advancement of digital services and solutions across various sectors.

Solera is aiming to tap into this growing market, having driven accelerated growth in recent years via its innovative Qapter platform and integrated technologies. It is now bringing its AI-driven Visual Intelligence (VI) suite to the market to enable fully digital workflows, from triage (including severity determination and vehicle allocation) to repair estimating within seconds.

“In an increasingly digitised society, consumers are focusing on service providers that can seamlessly provide automated, accurate, and efficient services for vehicle claims and repairs. As such, the auto insurance and collision repair industries will need to adopt new technologies to improve and facilitate their services. A touchless claim is no longer an aspiration, it’s an expectation,” said Chris Iacovou, Managing Director, Solera APAC.

Solera’s Guided Image Capture (GIC) and Intelligent Triage will drive the digitisation of severity determination and vehicle allocation via the quality-controlled capture and AI-powered recognition of images.

Solera’s Qapter VI is a global, modular, and flexible repair estimating and assessment platform that leverages AI technologies to provide exponential value to the vehicle claims industry.

Transforming the vehicle claims process into an AI-driven touchless experience, the full range of products including Qapter VI will increase automation and reduce cycle times via:

• Intelligent damage detection via Guided Image Capture, reducing the cost of risk inspections

• Enabling efficiencies for Insurers and Repairer Estimators via severity determination and automatic initial assessment of vehicle damage 

• Expediting parts ordering to improve cycle times, reduce parts fraud and CO2 emissions

• Improving partial or total loss triage decisions

• Accelerating claim resolution and settlements, benefiting both insurers and repairers

“Solera’s vehicle lifecycle management SaaS, data, and suite of services provide a range of innovative solutions that will empower insurers and repairers in India to digitise, upscale, and improve the customer experience of their offerings,” said Mr. Iacovou.

Since 2006, Solera has been transforming the auto insurance industry with its solutions from Audatex. Solera India is headquartered in New Delhi, with offices in other major cities across the country.

About Solera

Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business - vehicle claims, vehicle repairs, vehicle solutions, and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Audatex, DealerSocket, Spireon, and others. Solera empowers its customers to succeed in the digital age by providing them with a “one-stop shop” solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries.

For more information, visit www.solera.com.

[1] www.livemint.com/news/india/india-becomes-world-s-3rd-largest-auto-market-report-11673164107467.html

[2] www.expresscomputer.in/guest-blogs/digital-transformation-for-insurance-sector/97916/

Antony Cherukara, CEO, Pramod Rajan, CTO, V T Ravindra, Managing Director & Prabhu Eshwaran, Head of Sales at the launch of 6 new tractors under the Series 9 Tractor Range by VST Tillers Tractors Ltd.

Series 9 by VST is “The Most Advanced Compact Range” with international design and technological integration to address the growing needs of farm mechanization in Orchard, Horticulture as well as Traditional Agriculture Crops and non- agriculture field. The Segment's first features in the industry will make Series 9 as the right choice for aspiring Farmers.

VST’s new multiutility compact tractors have several firsts to their credit including an independent PTO, MID PTO, Reverse PTO, fully Synchromesh Gearbox, Electro-Hydraulic Controls (EHC), and Dual Track width Option with selective models. By adopting advanced technology, the new range provides increased comfort for the operator. The EHC feature enables the driver to control the implements with the touch of a button. Its narrowest track width with Dual options and short turning radius allows farmers to navigate narrow spaces easily while working with different crops, considerably increasing productivity and reducing crop damage.

VST’s feature-filled Series 9 tractor range comes with a state-of-the-art design and optimal dimensions making it the REAL LIGHT WEIGHT Tractor. Operating these tractors is very easy and hassle-free. The series is equipped with a best-in-Class Engine delivering best-in-class power, torque, and mileage.

The ergonomics of the new VST Series 9 Tractors include raised platform, a premium look, projector headlamps, a heat protector shield, a new-generation instrument cluster, deluxe seat, and a short turning radius. These versatile tractors are suitable for a wide range of applications and can be used with tillers, rotavators, MB plough, ridger, duck foot cultivators, sprayers, loaders, haulage, thresher, genset, and many more.

Talking about the launch, Antony Cherukara, CEO, VST Tillers Tractors Ltd. said, “VST’s compact tractor delivers best-in-class performance in the segment. The launch of the new Series 9 tractors is in line with VST’s commitment towards Farm Mechanization of multiple crops and enriching the lives of Indian farmers. With the Indian farming community embracing newer technologies, which are innovative and efficient, our Series 9 Range will be the most advanced and versatile tractor offering in its segment and is developed to deliver a winning formula of “Extra Power - Extra Saving - Extra Comfort” for better earnings for Indian farmers.”

“With this launch, we now have a complete range of compact tractors, and we are confident that these products will further cement our leadership position in the compact tractor market.”

Progressing on the path of exponential growth by adopting a Fast, Frugal & Future ready approach, a premium series of VST-Zetor will also be launched in the coming months to offer a wide range of products to the farmers and business associates.

VST Tillers Tractors Limited. was established in the year 1967 by the VST Group of companies. With a legacy of more than 55 years, VST continues to drive farm mechanization and empowerment of Indian farmers. VST Tillers Tractors Ltd is one of the fastest-growing brands in the agriculture segment and commands a leadership position in power tillers with more than 70% Market share and pioneer in 4WD compact tractors segment and is amongst the leading producers of the other category of Tractors, Engines, Transmission, Power Reaper, and Precision Components. VST also exports products to European, Asian, and African markets. VST Tractors are marketed under the ‘FIELDTRAC’ brand in various markets of the European Union meeting the latest EU standards.

The company crossed the milestone of Rs. 1000 crore revenue during FY 2022-23 and is on track to become a Rs. 3000 crore global brand in diversified farm mechanization products and solutions by 2026, as per their 5X Vision.

With its focus on Research and Development, the company has made significant investments in R&D to drive continuous innovation. Other than process improvisations, product improvements, and new product introduction the organization has built a strong foundation of transformation to accelerate growth by undertaking strategic initiatives, new business prospects, Global ventures, and brand initiatives.

For more details, please visit: www.vsttractors.com.

R to L: Sonendra Verma, Founder of AegisCovenant and Aditya Sharma, CDO - Bajaj Allianz General Insurance Giving Car Key of Mahindra Scorpio-N to one of AegisCovenant's early joinee

"When I joined the company three years ago, I was perplexed about the stability and risks associated with it. Now, it has become an institution of 50 people which is more like a family," Gaurav Arora, Regional Head, Business Development, AegisCovenant.

The company decided to reward all of their exceptional team members for their dedication and commitment with unique gifts and substantial cash prizes. Each employee received a Casio wristwatch, and nine performers received momento’s and cash prizes ranging from Rs. 50,000/- to Rs. 5,00,000/-. The two business development leaders who have contributed significantly to the company’s present standing, having been first team members to join, were celebrated with swanky new Mahindra Scorpio-N cars. This move was seen as an industry-first and aimed to acknowledge every single pillar of the organisation's ecosystem. The key stakeholders from the industry recognised this gesture as an act of groundbreaking team equity and setting an example for others to follow.

Sonendra Verma, the founder of AegisCovenant, comes from a humble background. Born in a small town of Uttar Pradesh, he had the rich experience and learnings from three failed start-ups before starting AegisCovenant at 39. He started working at 15, founded his first start-up at 18 and joined his first full time job at 20. Sonendra’s belief is that the culture they are setting at AegisCovenant should be encouraged across the industry - to appreciate and recognize the efforts of all team members, not just the leadership team. This is a practice he never experienced and missed during his career spanning over 25 years. It made him create a company with a difference.

"At AegisCovenant, we look at intention and interest before skills and expertise - it has helped us innovate and fuel our journey with passion. No wonder, the average age of the team is just 28," Sonendra Verma, Founder and CEO, AegisCovenant.

As of the company's third anniversary on July 21, 2023, AegisCovenant has achieved significant progress and has grown to serve over one million customers across 403 locations.

To celebrate this milestone, the team was joined by Mr. Aditya Sharma, Chief Distribution Officer (CDO), Bajaj Allianz General Insurance Co. as the Chief Guest for the event. We were also joined by Mr. Manoj Kumar, Head, Virtual Sales Office (VSO), Bajaj Allianz General Insurance Co.; Mr. Jitendra Hodawadaker, Vertical Head - Alternate Channels, Bajaj Allianz General Insurance Co.; Mr. G.K. Bansal, Deputy General Manager and Mr. Sunil Kumar, United India Insurance; Mr. Kaushal Verma and Mr. Sanjeev Bahadur, Senior Leadership Team of Future Generali India Insurance Co.; Ms. Akanksha Rathee, Head - Operations, VentureX India.

It is heartwarming to see the trajectory of growth of AegisCovenant in such a short time. However, it is the first milestone and there are multiple avenues ahead. Bajaj Allianz will stand by you from tech to product - at all times, said Mr. Aditya Sharma, Chief Distribution Officer (CDO), Bajaj Allianz General Insurance Co.

AegisCovenant aims to be a trendsetter in the Finsure Tech ecosystem, which combines finance, insurance, and technology. The company's vision is to revolutionise the insurance industry by promoting transparency, commitment, and making it an attractive career choice for young people - while keeping the customer at the centre of it all. Their services include Roadside Assistance, Insurance Management Services, Business Process Outsourcing (BPO), and Vehicle Leasing Services, with a focus on simplifying these processes using technology.

Watch a two minute film on the journey of and life at AegisCovenant: tinyurl.com/27haaptd.

The WAF Whale Tank & 10th WAF Awards Ceremony evoke resounding applause!

Anuj Guglani, Founder & CEO, World Auto Forum said, "A thriving startups ecosystem is the barometer of innovation and growth for any nation. India has been a country of investors, startups and entrepreneurs even before these terms were coined. WAF is committed to contributing to these communities meaningfully."

The WAF I2N first panel discussion included angel investors and startup founders as speakers. It was on an extremely pertinent topic: Important Things That Make a Startup Successful. It initially saw the investors and founders lock horns on valuations, viability and value creation. This spiced up the discussion, reminiscent of their quarterly review meetings back at their offices! Gradually the discussion led to the discovery of common ground for win-win! They realised they need each other for the ecosystem to be alive. Hence collaboration is inevitable! 

The second WAF I2N panel discussion saw MDs & CEOs of large corporations, angel investors and startup founders explore synergies to work with each other. The age old adage that the next Google might not come from Google and so forth was put to trial by the learned top thought leaders. The large corporation leaders acknowledged how at times their bureaucracy and layers of protocols can impede fast decision making and innovation. The startups rose to the occasion, ready to partner with their fresh thinking, passion and agility. 

There was an interesting Angel Investing Masterclass by Vikas Aggarwal, Co-founder, We Founder Circle which demystified Angel investing and brought back the focus on the basics of process, tech and research for sustained success in angel investing.
 

ENTER THE WAF WHALE TANK !

WAF organised the first ever Whale Tank where 3 startups pitched their business ideas and stories of their growth and traction to a hall full of Angel investors - The WAF First Angels. 

The first startup was Qik Meeting, a unified business communication app that provides the world's fastest online meeting rooms and the world's first ever in-person meeting experience. Their AI powered automatic MoMs, meeting rooms with files, notes for life, fire up enterprise productivity. They have filed several US patent applications as well for their innovations. 

Next to present was AutoNXT Automation, a technology company developing an electric autonomous tractor with their high torque electric powertrain and off-road automation technologies. More than 70% of a tractor's acquisition cost is spent on it’s fuel as running cost by a farmer during its entire ownership tenure. This e-tractor comes with an onboard charger and can substantially reduce comprehensive cost of ownership.

The third startup was Motozite, an exclusive one-stop platform for luxury cars lovers to buy a pre-owned or a new luxury car or sell/trade-in their luxury car, and avail ownership solutions such as finance, insurance and warranty, all under one roof! Currently an aggregator, they plan to enter the buying, refurbishment and selling model. 

The 10th WAF Awards Ceremony: Six WAF Stars shine all the way

Then it was time for the awards ceremony for the 10th WAF Awards - an award which is known for its quick elimination rounds rather than the slow and research based selection ones! The WAF Award is that rare award which rewards and recognises the best people behind the best products and companies based on thorough research. 
 

World Auto Forum Awards Ceremony | 10th WAF Awards | 2022 - 2023
 

Watch special moments from the 10th WAF Awards Ceremony youtu.be/CaPD0OPmISQ

Five features make the WAF award different and truly aspirational: 

1. No Sponsor partner allowed on the jury or even for nomination. 

2. DMS, IIT Delhi as the research partner.

3. Award not given if even a single jury member dissents. 

4. Observers during jury rounds to ensure process compliance.

5. Winner’s team members and families encouraged to join in for the Awards ceremony. 

The highly experienced and distinguished 10th WAF Awards jury members: 

1. Nikunj Sanghi, Former President FADA & MD, JS FourWheel Motors

2. Dilip Chenoy, Former Secretary General, FICCI

3. Pamela Tikku, Chief Business Officer, ICAT

4. Rohini Prakash, Investment Professional, Tomorrow Capital

5. Puneet Kapur, Head, LeanExcell 

6. Avik Chattopadhyay, Co-founder, Expereal

7. Nand Kumar Nair, Consulting Editor, Jagran New Media

8. Anuj Guglani, CEO, Founder & CEO WAF Group

The Independent observer this time was Atul Arora, Partner, Wiserfeed Consulting.

For the last one decade, the people, departments and teams which have won the WAF Award are known as WAF Stars in the industry.

Ashish Gupta, Brand Director, Volkswagen Passenger Cars India said, “Volkswagen has a lasting association with World Auto Forum. We appreciate the platform as they encourage, reward and recognise innovation and quality work.”

Gaurav Gupta, Chief Commercial Officer, MG Motor India stated, "We at MG believe and have a program for mentoring and incubating innovative startup ecosystems in India and it is a pleasure to see that the WAF Whale Tank provides such a platform to startups. This echoes our brand pillar of innovation."

So please put your hands together for the Six WAF Stars for 2023

1. Teams at Altigreen for the Best EV Innovation

2. After Sales Department of Hyundai Motor India for their Shield of Trust Programme

3. The teams at Samvardhana Motherson managing Sustainable Innovation

4. Teams at Orix India for Best Innovations in Shared Mobility

5. Teams at Tata Motors that worked on Deployment of Tether CVP - Connected Vehicle Program supplied by Tata Elxsi 

6. Teams at UNO Minda Lighting Division for Best Innovation

Sharad Malhotra, Nipsea Group & Director on the Board, Nippon Paint India commented, "WAF has been undertaking pioneering work to bring the automobile industry together to address common challenges and issues. And we at Nippon Paint Auto Refinish are delighted to be associated with them."

Tanuj Pugalia, Chairman, Gallops Motors said, "Our association with WAF goes back more than a decade. We feel a deep connection with the innovations and innovators of the Auto and mobility ecosystem via WAF."

Vadiraj Katti, Co-founder & CEO, iTriangle commented, "Telematics is powering new applications and business models. It’s heartening to see the new crop of startups, absorb and adopt them with alacrity and focus."

Top auto & mobility companies are annual partners at WAF. Here they are - 
 

Annual OEM Gold Partners 

MG Motor India | Volkswagen India

Annual Gold Partners 

Nippon Paint | Gallops Motors | iTriangle 
 

Annual Partners 

Pick My Car | Focus Engineering | Hass Ventures | Jaldi EV 

Express Interest for Whale Tank 2.0 - worldautoforum.com/i2n

Nominate yourself for 11th WAF Awards - worldautoforum.com/awards

About WAF - World Auto Forum
World Auto Forum (WAF) is a Global Auto & Mobility Think Tank Platform - a place as relevant for Chairpersons and Top CXOs as it is for interns and trainees. Established in 2009, it now has community members across 125 Countries. WAF Auto News is the World’s No 1 in World Auto News.

WAF TV is its online broadcasting arm where one can watch hundreds of videos on the Auto & Mobility Industry. WAF also organises popular programs like WAFit!, IVASS, WAF Awards and CXO Roundtables Discussions where top leaders of the industry take their Dialogue to Action!

For more information please contact 

Aviyukta Adlakha adlakhaaviyukta27@gmail.com.

Gerald Louis “Jerry”, hi@waf.bz, 8368746841.
 

Session videos coming soon at WAF TV - worldautoforum.com/waf-tv
 

Program Social Media Updates and Pics can be followed at #WAFi2n & #WAFAwards23 | WorldAutoForum.com

ACKO Tech launches ACKO Drive Awards – 'The One That Matters' (#TOTM) for the automotive industry
 

Unlike most awards in this genre, the emphasis will be on the end user - the consumer, who expects a fair assessment of products. The awards will honour the vehicles and work done across categories - that remains deeply relevant to the consumer. The categories at the awards cover cars, bikes, scooters, communication, and technology.

ACKO already has a keen insight into what consumers look for - be it sheer value or judicious use of their time, by having a finger on the pulse of what matters to them. It was natural to then also elevate the experience automobile awards offer this consumer, through the setting up of ACKO Tech’s new content division, which is storming the scene with the automobile genre as its first initiative.

To ensure fair evaluation, ACKO will rely on the expertise of separate sets of well-rounded and knowledgeable jurors who are leaders and experts in their respective fields - and each brings a different perspective to the process. The jurors will evaluate entries based on innovation, quality, technology, reliability, safety, and customer satisfaction. The #TOTM will be conferred upon winners after evaluating the entries by all jury panels.

The jury includes

1. Dr. V Sumantran - Senior Industry Advisor (Jury Chairman)

2. Siddharth Vinayak Patankar - Chief Creative Officer, ACKO Tech and Editor-in-Chief of ACKO Drive

3. Rohit Ohri, Group Chairman & CEO, FCB India

4. Gul Panag - Actor, Entrepreneur and Automobile Enthusiast

5. Aravind KP - Professional Motorcycle Racer

6. Ajay Gahalaut, Creative Head, Dentsu

7. Yogendra Pratap, Editor, Auto Today

8. Rayomand Banerjee - Professional Racer and Mentor

9. Hani Mustafa - Chief Editor of Flywheel

10. Nandini Dias, Media Consultant, Ex-CEO, Lodestar UM

11. Aditya Patel - Professional Racer

12. Rishad Cooper - Two-Wheeler Expert

13. Ameya Naik - Executive Editor of ACKO Drive

14. Anita Sharma, Public Relations And Marketing Veteran

15. Aishwarya Pissay - Off Road Motorcycle Racer and Winner of Bajas World Cup (Women’s Category)

16. Nikhil Chawla, Tech & Auto Expert
 

In addition to the expert evaluations by the jury members, the ACKO Drive Awards also includes Viewers' Choice Awards categories, where viewers can vote for their favourite vehicle and tech. This provides an opportunity for our audience to have their say and award their most loved products.

Moreover, voters in the Viewers' Choice Awards categories stand a chance to win a car, bike, and other prizes, which adds to the excitement and engagement of the event.

During the launch, Siddharth Vinayak Patankar, Chief Creative Officer at ACKO Tech said, "With the ACKO Drive Awards, we aim to provide an authentic and unbiased representation of what people value the most in the automotive industry. These awards will recognise the endeavours of the industry that are most significant to people. We aim to create a lasting legacy for 'The One That Matters', and encourage the automotive industry to innovate continuously and receive recognition for their work."

Methodology

The ACKO Drive Awards have a rigorous point awarding system, where each nomination will be evaluated and given points against various attributes, including innovation, quality, technology, reliability, safety, and customer or market relevance. This approach ensures that the evaluation process is fair and unbiased and that the deserving winners get recognised. To ensure complete transparency, once the tabulator hands over the ballot results to the editorial team, the winners’ names are revealed at the ceremony.    

The primary objective of the ACKO Drive Awards is to come up as a reliable and transparent recognition system that encourages positive changes in the automotive industry. The awards aim to promote excellence and innovation in various areas, such as design, technology, safety, and sustainability. By recognising outstanding achievements and best practices in the industry, the ACKO Drive Awards seek to inspire players in the automotive sector to strive continuously for improvement and progress.

About ACKO Technology and Services Pvt. Ltd.

ACKO Technology and Services Private Limited ("ACKO") is the parent company of ACKO General Insurance. ACKO, founded in 2016 is a digital-first direct-to-consumer company that builds and operates technology and services platforms. Driven by a relentless focus on superlative customer experience and with its transformative technology, ACKO helps create superior customer value propositions and more engaging experiences.

Sany Bharat introduces new Asphalt line at Bauma CONEXPO

Speaking on the occasion, Mr Deepak Garg, Managing Director, Sany Bharat and South Asia said, “We are delighted to introduce our best-in-class asphalt machines for the very first time in India. These machines are designed in such a way that it gives maximum output with optimum cost of operation. This, we believe, is an outstanding feature thatwill be a key USP to stay ahead in this market. As per Sany Group’s vision, quality of the machines will continue to reign supreme coupled with never before seen features that will ensure high productivity and ROI for our customers.”

Sany Bharat introduces new Asphalt line at Bauma CONEXPO

Sany road machinery portfolios include five product categories: asphalt pavers, asphalt mixing Plants, Motor Graders and Road Milling Machines. Their road construction equipment is widely used in the construction of highways, State & City Roads, Rural Roads & Airports.

This newvertical will be seen as a significant step to capture new markets and expand customer baseas the construction equipment market is gaining prominence rapidly. Sany Bharat has also set up a toll-free number 18002093337 for all queries related to sales and services.

Mr. Raman Mittal, Joint Managing Director, ITL

Sonalika has continued to win farmer’s trust with its unique approach over the years and provide easy access of superior technologies to farmers across the globe. The company has further capitalised on favourable market conditions such as record wheat acreage and construction activities which are on full swing in India. Deepening its commitments further to support agri-ecosystem month after month, Sonalika is fully geared up to meet the ever changing needs of the farmers along with reliable affordability and ensure exponential income growth.

Speaking on this stupendous achievement, Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, “Farmers are considered to be the ‘annadata’ of our country and are a source of inspiration for all of us as they work selflessly and tirelessly every single day to feed such a vast, populous country like India. Innovating for their prosperity and increased income is something we religiously follow at Sonalika Tractors and our unique approach is deeply inscribed in our DNA."

He added, “Along with launching innovative products, we also keep taking unique initiatives such as revealing tractor prices on website that indeed has created a kind of revolution among farming community as we have been witnessing huge influx on our website as well as dealerships. This approach has addressed a big issue for farmers and by ensuring such transparency in tractor buying process on our already robust product portfolio, we have been further reinforcing farmer’s trust in our brand. This has enabled us to clock a sturdy 26% domestic growth to beat industry growth and clock 9,741 overall tractor sales in Jan’23. Our YTD growth trajectory has reached 1,28,190 tractor sales which is inspiring for us to remain committed towards farmers and develop a world class product portfolio for their prosperous future."

Sany Bharat celebrates 25000 machines milestone in India

Speaking on the momentous occasion Mr. Deepak Garg, Managing Director, Sany Bharat and South Asia said, “Crossing the 25,000 mark in sales is a gratifying moment especially since market conditions have been volatile in the last 2 to 3 years. This has been made possible with the unwavering dedication from our employees and dealers coupled with the steadfast trust placed by our customers in brand Sany. Here, I would specially like to applaud our R&D team who successfully customized global technologies for Indian requirements.” Elaborating about their growth story, he further added, “Our 2 decade long journey here is filled with several milestones and achievements. Moving forward, we will continue to deliver best in class construction equipment that will surpass the expectations of our customers and dealers alike. Having said that, I would like to mention that the growth potential in India and south Asian market is immensely high and we will leverage on it by unveiling a new range of products this year with a focus on sustainability and automation.”

The brand first started local manufacturing in the year 2009 and since day one localization has been a prime focus. Sany has also reached out to young Indian minds, who share the same quest and zeal to bring innovation in the construction sector. Thereby giving employment opportunities and localizing the manpower. It will be pertinent to mention here that Sany Bharat has also tied up with local vendors to procure parts for machines to boost the local economy.

Sany Bharat has come a long way from inception and has now localised over 50 models of excavators, truck cranes, concrete equipment, crawler cranes, piling rigs, dump truck and motor grader in India. Sany Bharat has been offering end to end solutions for all infrastructure and construction needs with its advanced range of equipment and latest technologies. Committed to providing the best product to the customers, Sany invests conscientiously in R&D to continuously improve the quality of existing products, identify new technologies, and develop new products. To provide round the clock customer service, Sany India has also set up a toll-free number 1800209337 for all queries related to sales and services.

Sany Bharat launches new machines at bauma CONEXPO

Speaking on the momentous occasion, Mr. Deepak Garg, Managing Director, Sany Bharat and South Asia said, “It was an exhilarating moment to launch our products at a popular expo like Bauma. Like always, we expected a great response and, true to our belief, we saw many product enquiries turning into sales at the venue itself. The eclectic crowd at this event helped us in forging new business ties and expand our customer base.” Speaking about the product launch, he said, “The new product range showcases our manufacturing strength and technological expertise, which will translate into enhanced productivity and profitability for our customers. By staying true to our mission of quality changes the world, these models are specially created for the Indian market.”

Sany Bharat launches new machines at bauma CONEXPO

First impression of the following machines was made available at Bauma CONEXPO this year:

SPR 260: Introducing Sany Bharat’s first pneumatic tire roller SPR260C, which is used for final asphalt layer to give smooth mat finish. Our SPR260 is equipped with powerful engine andis unique in its application due to 9 tire configuration which endows it with max rolling width and automatic tire inflation system.

SLB1500X8E: Introducing Sany Bharat’s first of Asphalt Batch Mix Plant with capacity of 120 Ton/hr. Asphalt Batch plant is used for producing superior quality mix for world class asphalt roads in batches. Itis designed with global standard make in India model to provide asphalt production covering all types of roads.

SAP100C-10: Introducing Sany Bharat’s first Track Paver. Track Paver is used to pave asphalt road and give a smooth mat finish. Our SAP100C-10 paver can pave up to 10.2 mtr road at one go. With complete auto levelling system, it gives unmatched smooth road finish and can be widely used for Expressway, NHAI,SH and PWD roads.

SCM2000C-8S: Introducing Sany Bharat’s first Track Cold miller. Cold miller is widely used in maintenance of roads for milling up old layer to repair and it can easily mill road up to 2 mtr width at a go and mostly applicable for higher milling volume. Equipped with a powerful engine, it can easily mill any strata and itsdust removal system prevents dust from leaking to environment. It is loaded with fully automatic levelling system requiring less human interference.

SY20U - SANY's 2Ton micro mini excavator with zero tail swing, boom offset & swing features that makes it more adaptable in compact spaces. Highly efficient & powerful engine with advance load sensing hydraulic system leads to high fuel efficiency & productivity.

SY60C-10 - SANY's fully upgraded new generation 6-ton compact excavator equipped with fuel efficient engine for maximum output. Keyless engine ignition, screen touch display & high-grade cabin features make this model more premium within the segment.

SY215C-9 SPARC - Get ready for SANY's new SPARC series excavator which contributes to accelerate your profitability. Improved fuel efficiency, excellent operator comfort & advanced safety features makes this machine more productive & safer.

STG140C-10 - SANY's CEV-IV Motor Grader, equipped with Fuel Efficient, Powerful & Reliable Engine for higher customer savings. This machine offers excellent versatility in compact & narrow road sites with enhanced performance. It is specially designed to meet the requirements of customers who are looking for high profitability, more fuel efficiency, high performance &low operating cost.

STC1600T7- This truck crane is developed specially for taxi jobs across country. It has a maximum lifting moment and is equipped with a sophisticatedtelescopic boom and it is designed in such a way that it meets all the major application requirements from a mobile crane in segments like refineries, bridges, metro, cement, steel etc.It is also equipped with MachineLink+ telematics package to give customers full control of their crane and help them in effective fleet management.

SR235MIII - This is a Multi-Function Convenient Switching rotary drilling rig with 4 drilling modes making it one of the most versatile drilling rig in the country and can be considered as the first-of-its-kind introduced by any OEM in the country.

SR235DW - Based on the most popular rig in its class, it’s versatility makes it one of the fastest diaphragm wall (DW) grabbing machine in the country, with a maximum grabbing depth of up to 35m and drilling depth of up to 73m. It gives give excellent productivity in variety of soil stratas.

SD390 - The brand new SANY SD390 is a powerful pullback force horizontal directional drill (HDD) machine designed especially for India. It’sdesigned to lay underground cables and pipes in municipal engineering, such as water supply, electricity, city gas distribution and telecom. It is suitable for all geological conditions, such as soil, soft rock and hard rock layers. The SANY SD390 features high torque, fast speed, fully automatic drill rod loader, high efficiency, touch screen HMI console & sophisticated telematics to give Indian customer the best Return on Investment.

Aakash Minda, Executive Director, Minda Corporation

Mr Aakash Minda, Executive Director, Minda Corporation Limited shared his perspective on the impact of Union Budget 2023-24 on automotive sector.

“Union Budget 2023 is a game-changer for the automotive sector. The budget is futuristic and echoes GOI’s focus on green mobility. Noteworthy initiatives which will have a lasting impact on the sector include customs duty exemption extended to import of capital goods and machinery required for manufacture of lithium-ion cells for batteries used in electric vehicles. This exemplary move will boost the EV ecosystem by reducing the cost of EVs in the country. The focus will also propel government’s flagship initiatives Make in India or AatmaNirbhar Bharat, benefiting both customers and automobile manufacturers.

Allocation of Rs. 3000 crore for the Indian Semiconductor Mission is bound to help kickstart the development of the semiconductor and display manufacturing ecosystem in India. This budget has also allocated Rs 1000 crore for the modified scheme for setting up of semiconductor fabs in India, while Rs. 4 lakh has been allocated for the scheme to set up display fabrication units in India. This remarkable move is a huge step towards resolving the semiconductor shortage which the country is currently facing.

The Vehicle Scrappage Policy announced by the FM will ensure that pollution levels are in check. The discontinuation of vehicles above 20 years will result in an increase in overall vehicles sales and faster adoption of e-vehicles. This will lead to a high demand for components overall. We are confident that this will widen the opportunities for auto component manufacturers and boost the overall growth sentiment of the sector.

Spark Minda is geared up to participate and contribute to India’s dynamic growth story by focusing on collaborations, partnerships and generating more employment opportunities,” he added.

Incorporated in 1985, Minda Corporation is the flagship company of Spark Minda, which was part of the erstwhile Minda Group. The Company has a diversified product portfolio that encompasses Mechatronics; Information and Connected Systems and Plastic and Interior for auto OEMs. These products cater to 2/3 wheelers, passenger vehicles, commercial vehicles, off-roaders and after-market. The Company has a diversified customer base including Indian and global original equipment manufacturers and Tier-1 customers.

For assimilating the latest technologies, Minda Corporation has a dedicated R&D facility and collaborations with the pioneers and leaders of the automobile industry. This has provided Minda Corporation with the cutting-edge in product design and technology to meet strict international quality standards.

For more information, please visit: Facebook | Twitter | Instagram | Youtube | Linkedin.

EVR Motors - Auto Expo invite

EVR motors has developed a unique, patented motor topology: The “Trapezoidal Stator” Radial Flux Permanent Magnet (TS-RFPM) Motor. Compared to standard motors, EVR’s electric motors are 30%-50% lighter and smaller, cost significantly less and can be tailored to user requirements. EVR's first motors were designed for 2-wheelers and 3-wheelers and are suited for a wide range of additional applications.

EVR will now showcase the new developments of a variety of motors for multiple mobility applications. These include Light Commercial Vehicles (LCVs) and e-buses along with it’s previous developments for 2-wheelers and 3-wheelers.  

This will enable OEMs to make the transition towards electric mobility easier and faster, since motors can be tailored for a wide variety of requirements and enable multiple variations based on similar design and tooling: Different sizes and power, internal or external rotor, voltage ranging from 48V to 800V, air or liquid cooling, etc. 

Opher Doron, CEO of EVR Motors, ” We are excited to showcase our expanding line of electric motors at the Auto Expo. In the past year we have signed several commercial contracts with Indian manufacturers, and we expect to see multiple motor versions on the road during 2023.  India is a focal point for our activity, combining a rapid shift towards electrification with an amazing industrial base, and we are here to demonstrate our advanced technology to Vehicle Manufacturers.”

The Auto Expo Components show will take place Jan.12-15, 2023, at Pragati Maidan in New Delhi. EVR Will exhibit hall A4, first floor stall number C37.

About EVR Motors

Israeli startup EVR Motors designs advanced electric motors to meet every customer’s specific requirement. The company’s electric motors are based on proprietary technology that reduces weight, volume, and cost relative to traditional state of the art motors. EVR Motors partners with OEMs and Tier 1s interested in manufacturing superior e-motors, and supports its partners through all the phases, from motor design through prototyping to manufacturing preparation.

EVR is now developing a variety of motors, suitable for most mobility and industrial applications in it’s facilities in Israel.

The company has been managed since 2019 by Opher Doron, who served in his previous position as the VP and General Manager of the Space Division at Israel Aerospace Industries, and led the led IAI’s team in the design and build of SpaceIl’s Beresheet lunar lander, and during Israel’s breakthrough mission to the moon. Opher Doron was also responsible for developing, constructing, launching, and operating the aerospace industry's communication and observation satellites for Israeli and foreign users.

EVR Motors was founded by its current president and COO Eli Rozinsky, together with Victor Kislev and Ruslan Shabinski. The company's chairman is Ophir Shoham, former Director of the Defense R&D Directorate at the Israeli Ministry of Defense (MAFAT) who manages Marius Nacht’s investments in high-tech.

EVR Motor's largest investor is Marius Nacht, a leading figure in serial entrepreneurship, technology companies, and high-tech investments in Israel. In addition, EVR received grants from the Israeli Innovation Authority and the BIRD Foundation. 

Sany Bharat signs MoU with Union Bank of India
 

The Memorandum of understanding was signed at Mumbai by Mr Dheeraj Panda, Chief Operating Officer (Sales, Marketing & Customer Support) Sany Heavy Industry India Pvt. Ltd. and Shri CM Minocha, Chief General Manager, MSME, Union Bank of India.

Speaking on the occasion Mr Dheeraj Panda said, “We are delighted to be associated with Union Bank of India, considered to be a pioneer amongst PSU Banks. By enhancing their focus on MSME sector, Union Bank of India has eased the financial burden for our existing and potential customers,” Speaking about the significance of owning a Sany equipment, he further said, “It’s a well-known fact that Sany equipment signify quality, productivity and versatility. By joining hands with Union Bank of India, interest rates will no longer prevent our buyers in becoming a proud owner of Sany equipment. Our association with Union Bank will not only be mutually beneficial but has the potential to herald amazing growth prospects for our customers and stakeholders alike.”

As per recent reports, Union Bank of India has opened funding for retail and construction Equipment Sector from 10 lakhs loan to Rs. 50 Crores.

About Sany Bharat

Sany Bharat offers the widest range of Construction Machinery in India & South Asia. In 2012, Sany Bharat invested more than INR 750 crores to develop infrastructure for R&D, Manufacturing, Quality Inspection, Testing, and Service at their manufacturing facility in Chakan, Pune. Through this facility, the company operates in multiple Business verticals viz: Earth Moving, Lifting, Foundation, Mining, Ports, Concrete, Roads and Renewable Energy solutions. Presently, Sany Bharat offers products like excavators, truck-mounted cranes, all-terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, milling machine, compactors, reach stackers, rubber tyred gantry cranes, rail-mounted gantry cranes, mining equipment, wind turbine generators and many more.
 

The company has already established a strong network of around 42 dealers and 260 touch points across India to cater to the growing demand and provide support to all its customers & associates. Sany has more than 23000 machines delivered on the ground, contributing to infrastructure development projects in India & other South Asian countries. Owing to its widest product range, superior build quality, service commitment, innovative solutions, and global expertise, Sany Bharat has achieved market leadership in various construction equipment segments. With the Government of India’s focus on infrastructure development and modernization, the company is poised for tremendous growth.

Sonalika Tractors

One of India’s leading tractor manufacturer, Sonalika Tractors extended a wide range of consumer offers under its popular ‘Heavy duty Dhamaka’ campaign. Farmers took maximum benefit from this offer. 

Mr. Raman Mittal, Joint Managing Director, International Tractors Limited

Sharing his thoughts on the new achievement, Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We feel very proud to have created yet another milestone this October with our ever highest deliveries of 20,000 tractors with 16% billing growth more than double the est. 7% industry growth. Such a performance is really special for us as we planned for a target and we achieved it 100%. Every team member across verticals put in their best foot forward for an extraordinary drive till the very last day.” 

He added, “Our strategies and business realignment initiatives have resulted in a magnificent festive season for us in FY’23. We shall continue to launch new exciting products that will exponentially increase farmer’s productivity and income for years to come.”

Dr. Subhash Sukumar, Board Member, Billionaire Venture (BV) Incubation said, “The newly formed SPV will earmark about $200 million to extend capital to about 150+ startups in Tamil Nadu, Karnataka and Maharashtra initially. Plans are also underway to expand to northern part of the country at a later date."

Besides creating thousands of jobs through this initial initiative, the SPV will fulfil the dream of many young entrepreneurs to promote more such startups in the country and create millions of jobs in the years to come.

Mr. Sukumar said, “The SPV will facilitate the knowledge sustenance within our country and additional contribution to GDP as more entrepreneurs including IIT graduates are eager to promote startups. The encouragement given by both the Centre and State Governments in the form of subsidy on investment will also encourage new entrants."

Detailing the mode of operations of the 16 verticals identified, the SPV will immediately focus on certain verticals such as Fintech, Edutech and other critical areas. Besides extending capital, the SPV would provide technology and education related to the business of new entrants.

Mr. Sukumar added, “The system of funding has been designed in such a way to safeguard the SPV as well as startups. The SPV would waive dividend for the first two years. But will monitor the functioning of the concerned startups during the two-year period. Even if there is disruption in functioning, the SPV will take over and transfer the operations to other successful startups, though it will offer profit sharing during the remaining period. This protection in the initial period will attract more startups."

Plans are also underway to introduce more verticals for widening the operations of the new initiative of Billionaire Venture.

Billionaire Venture Incubation is engaged in partnering with early-stage startups and bringing entrepreneurs and investors together to build ground breaking businesses and offer the right combination of investment, intelligence and global network.

Given their extensive experience empowering businesses across Asia, DBS Bank India will be a preferred banking partner to offer banking solutions to the startups under this programme.

Alt Mobility procures electric LCVs from Grevol

Co-founder & CEO of Alt Mobility, Dev Arora said, “We are announcing our first partnership with Mufin Green Finance and AMU Leasing, both have been pioneers in the retail EV financing space and will be working with us to unlock B2B fleet leasing for electric two wheelers and LCVs. An estimated 80% of EV OEM sales are from B2B logistic and aggregation companies, seeking asset light, low cost, flexible and turnkey fleet solutions for switching their fleets to electric.”

“On one side we provide asset light logistic companies the ability to rapidly scale up to tens of thousands of EV fleets in months with a full stack EV leasing offering. On the other side, Alt’s debt aggregation platform aims to unlock access to hundreds of millions of dollars of debt through credit enhancement, asset underwriting, co-lending, redeployment assurance that is backed by our FleetOS fleet management platform, for financing institutions to participate in the rapidly growing demand from our partners,” Dev said.

Pankaj Gupta, CEO of Mufin Green Finance, India first listed NBFC dedicated to EV finance said, “We are delighted to partner with Alt to promote our joint mission of transitioning India to sustainable mobility through improved access to finance. We are excited by the demand Alt has been able to generate with B2B partnerships and a complimenting approach towards risk sharing and technology enabled asset management gives us enormous confidence as a lender.” Mufin is backed by Global leading impact funds, with more than 100Cr disbursements in just last 150 days in both Retail & B2B consumers.

Nehal Gupta, Director at AMU Leasing commenting on the partnership said, “We are glad to announce our partnership with Alt for leasing of eLCVs. With this partnership we hope to jointly work with Alt to onboard new OEMs, expand customer segments and geographies and scale up our EV portfolio rapidly. The team’s expertise in the EV technology stack, skin in the game approach and collaborative synergies has given us a lot of comfort.”

Commercial fleet electrification has the potential to impact seven Sustainable Development Goals (SDGs). “As the pace of fleet electrification grows and conventional pools of debt remain inaccessible, we are actively working to unlock low cost international development and impact capital for participating in the exciting EV transformation in India. We also hope GOI considers including EV finance under priority sector lending to give boost to the sector,” Dev said.

Sonalika ITL Dealership

Sonalika ITL is gearing up to infuse fresh talent into its workforce and hire over 3,000 talented young minds from state level ITI and other similar institutes, thereby encourage rural and semi urban youth join its Pan India dealer network teams. The hiring spree will strengthen its existing dealer workforce for increasing its village coverage. Interested ITIs can also can get in touch with company at hiring@sonalika.com. 

Sonalika ITL is among the top three leading tractor manufacturer in the country and has been consistently clocking over 1 lakh tractor sales for last 5 years (FY’18 to FY’22). It recently clocked a superior milestone of clocking highest ever Q1 sales of 39,274 tractors in FY’23. The company as of today exports to over 130 countries and is proudly associated with 13 lakh+ farmers globally. The fresh recruits will strengthen Sonalika’s Pan India workforce teams as the company aims to support farmers while driving farm mechanisation growth. The talent hunt is in-line with its vision of doubling sales in every five years, therefore interested individuals can directly apply on company website to speed up the hiring procedure. The youth from ITI and other similar institutes can apply at www.sonalika.com/hiring.html. 

Sharing his thoughts on the fresh recruitment drive, Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, said, “India is full of talented youth that graduates from state level institutes such as ITI as well as other polytechnics, thereby bringing in fresh talent every year. Such individuals are dynamic and full of innovative ideas as well as carry readiness to implement their technical know-how in attaining business excellence. We at ITL have always believed in keeping famers at the core of any new development and our workforce remains committed to bring prosperity to the entire farming community. We are fully certain that our ambitious hiring spree of 3,000 new talented young minds across Pan India will complement our existing talent pool as we further expedite our journey towards our mission.” 

HD785-7 Water Sprinkler

The newly launched water sprinkler WT 80KL has been successfully retrofitted on Komatsu’s used Dump Truck model HD785-7 (100 Ton) operating at the Ramagundam and Manuguru open cast mines of Singareni Collieries Company Ltd (SCCL) in Telangana. This has enhanced the life of used dump trucks, which were otherwise destined to be scrapped.

HD785-7 Water Sprinkler

This giant water sprinkler is being used for dust suppression at the mining pit and workshop area, as well as on haul roads. A water cannon fitted as a fire fighting machine is also suitable for washing other trucks and mining machines.

With an 80,000-litre capacity, this is the largest water sprinkler introduced by Komatsu in the Indian Mining Industry, which has so far been using smaller capacity machines. The WT 80KL water sprinkler is operated with high-powered hydraulic gear pumps.

The sprinkling device, fitted on the back of the machine, holds a spraying capacity of 18 metres wide and 9.5 metres away. This large sprinkler covers the maximum area of haul roads reducing the number of passes and eventually saving fuel.

The water cannon attachment is mounted on the front side of the machine. It is operated hydraulically at about 90 degrees slew and 70 degrees elevation to pour water to a distance of about 60 metres.

Integration of this water sprinkling and cannon system with Komatsu’s Dump Truck model HD785-7, a proven dump truck model for its performance in the mining industry worldwide, will be an added advantage and deliver customer satisfaction. 

Senior members of management from Sany Bharat and Sanghvi Movers Limited at the key handover ceremony

Speaking at the function, Mr. Deepak Garg, Managing Director Sany India and South Asia said, “This milestone has boosted our confidence to accomplish large turnkey projects with Sanghvi Movers and other companies in the infrastructure and engineering sector in India. As their trusted partner, we will continue to deliver high performing equipment that provide excellent safety, reliability and durability in extreme working conditions at mining & wind power sites. We always aspire to collaborate with companies like Sanghvi Movers Limited and support large infrastructure projects that India is set to achieve in future. In addition, Mr. Deepak Gargoutlined the parallel growth path of Sanghvi Movers and Sany Group since their inception in 1989."

SCC8000A Close Up

The SCC8000A is an 800-ton lifting capacity crawler crane, customised to meet the application requirements of mega infrastructure projects such as Wind Power, Cement, Petrochemicals, Infrastructure and almost every segment of the heavy haulage industry. Sany Crawler Cranes feature excellent reliability and highest operational efficiency while offering technological innovations, maximum safety, stability and flexibility in all kinds of operating environments. SCC8000A Crawler Cranes are currently being used at a wind power project in Gujarat.

At the handover function held in Pune, Mr. Rishi Sanghvi, Managing Director, Mr. Sham Kajale, Joint Managing Director & CFO, SML Group promoter Mrs. Mina Sanghvi and Non- executive Women Director Mrs. Maithili Sanghvi of Sanghvi Movers Limited, were present to receive the keys for the 4 units of SANY SCC8000A 800 Ton crawler cranes. From Sany Bharat, Mr. Deepak Garg, Managing Director, Mr. Dawson Zhu, Executive Director, Mr. Dheeraj Panda, Chief Operating Officer & Mr. Sanjay Saxena, Senior Vice President & Head of Heavy Equipment Business Unit for Sany India & South Asia were present along with senior leadership team from both companies.

About Sany India

Sany India was incorporated in 2002 and offers the widest range of Construction Machinery in India & South Asia. In 2012, Sany India invested more than INR 750 crores to develop infrastructure for R&D, Manufacturing, Quality Inspection, Testing, and Service at their manufacturing facility in Chakan, Pune. Through this facility, the company operates in multiple Business verticals viz: Earth Moving, Lifting, Foundation, Mining, Ports, Concrete, Roads and Renewable Energy solutions. Presently, Sany India offers products like excavators, truck-mounted cranes, all-terrain and rough terrain cranes, crawler cranes, transit mixers, batching plants, boom pumps, trailer pumps, piling rigs, motor graders, pavers, milling machine, compactors, reach stackers, rubber tyred gantry cranes, rail-mounted gantry cranes, mining equipment, wind turbine generators and many more. 

The company has already established a strong network of around 41 dealers and 210 touch points across India to cater to the growing demand and provide support to all its customers & associates. Sany has more than 22000 machines delivered on the ground, contributing to infrastructure development projects in India & other South Asian countries. Owing to its widest product range, superior build quality, service commitment, innovative solutions, and global expertise, Sany India has achieved market leadership in various construction equipment segments. With the Government of India’s focus on infrastructure development and modernization, the company is poised for tremendous growth.

Mr. Naveeth Menon, Vice President-Market Operations, Baxy Mobility with range of 3W solutions for Last-mile
 

Driven by the current growth trends in Indian three-wheeler market which is projected to grow to Rs. 14,000 crores in FY23, exhibiting CAGR of more than 15%. Baxy Mobility, a Gurugram based company, engaged in the manufacturing and marketing of 3W, tippers for passenger and cargo segments in Diesel, CNG & EV variants, outlines the importance of 3W’s with key concerns inherent in last-mile logistics and its impact on rural workforce. Mr. Naveeth Menon, Vice President-Market Operations, BAXY Mobility shares an expert perspective. The company is also renowned for its Diesel Mechanical Engines (MTEC Engines) since 2009.

In this entire last-mile process, no doubt customer satisfaction remains the key. However, in the process to achieve customer satisfaction, last mile delivery is the most expensive and exhausting part of the logistics journey. As a share of the total cost of shipping, last-mile delivery costs are significant - comprising 28% overall. Online shopping is experiencing a huge surge, with speedy deliveries to delight their customers. This scenario has created an enormous expectation of last mile delivery with companies implementing new technologies, trying out new supply chain models mainly to accelerate deliveries and focus on process improvements.

Reaching ‘the last mile’ is a crucial concern in India, but its complexity is not overlooked anymore. Today, innovative strategies are being developed to tap rural workforce through new partnerships.

In order to ensure the dual aim of larger corporate involvement and social empowerment, it is vital that the last mile conundrum be cracked. More importantly the aim is to achieve rural employability and empowerment as the main drivers. The ‘investment’ in building the capacity of the last mile and rural workforce helps in creating a much more aligned and sustained supply chain, with equitable distribution of value leading to larger success in the long run. Every player must make a strong attempt to move towards the “balanced middle” for this value chain to align and deliver with absolute effectiveness.
 

Providing a great experience with last mile logistics and yet to remain profitable is a great challenge for companies. Urban delivery is becoming difficult due to a rapid increase of parcels, cost, and efficiency issues of logistics companies. Customer is keen to know the precise location of their product and the expected delivery time. Therefore, visibility is the most substantial requirement to develop reliability. A balance needs to be created to cater the customer requirements and a sustainable concept should be developed to cope with the urban last mile delivery. Online delivery is growing at a fast pace - and it’s expected to maintain an upward growth trend with an estimated compound annual growth rate of 29% from 2020 to 2024. Retailers are increasingly understanding last-mile delivery to win customer loyalty and face tough competition.

Today, most companies are understanding that the first strategy is to basically work on the costs by subsidizing last-mile delivery. To acquire new customers is the most pivotal factor for any company. Hence, they are investing more efforts to get the last-mile delivery right, by trying to meet fast delivery expectations and potentially nurturing customer loyalty.

With the right software and third-party logistics (3PL) partners, grocers and retailers can abandon the third-party delivery platforms and instead own the end-to-end process themselves - while capturing valuable data and cutting costs. The commercial 3Ws, offer better rates, improved customer services, and with new age technology it is easier to draw the attention of consumers. When you own the last mile, everything about the end delivery process gets smarter. You can improve efficiency and channelize optimization in a better way. You can also forecast the marketing decisions you need to deal with the competition. With the help of artificial intelligence and machine learning, last-mile data can be fed into targeted promotions and cross-selling campaigns. You can capture real-time intelligence and conduct predictive modeling. By better harnessing the data collected you can leverage it to create a truly seamless process. You can build back customer loyalty and considerably reduce the chance your valued customers will switch to a competitor.

No doubt, owning your own last mile can be more challenging in the short run, however in a futuristic mindset, many retailers will find this as the only sustainable route.

As companies continue to explore different delivery options - including delivering from local inventory, micro-fulfilment centres, and locker pickups - this space will continue to evolve quickly in the next few years with undeniable benefits.

For more information, please visit www.baxy.com.

Antony Cherukara, CEO, VST Tillers Tractors Ltd. along with other dignitaries and customers at the launch of the Experience Centre

The experience center will offer the customer an assisted walkthrough of the range of products by VST, enabling them to make an informed purchase decision. 

Mr. Antony Cherukara, CEO, VST Tillers Tractors inaugurated the Pune Experience Center today in the presence of farmers, channel partners and business partners. On the occasion, he said “It is a delightful moment for us at VST as we inaugurate our first experience centre. VST is committed to provide diversified farm mechanization products and affordable solutions to the farming community. It is our constant endeavor to bring the best of global technologies and machines to the Indian farmers. Through this experience centre, we will bring our product offering closer to our farmers and they can understand their applications to enhance their productivity. The Experience Centre is a first-of-its-kind concept by VST, and we have plans to replicate the same in other cities across the country. Through the experience center, we are bringing all our offers under one roof. This will enhance their overall experience with the brand. It gives the farmers real-time experience and helps them make their buying decisions. We shall expand the scope of our experience centers as we go forward."

About VST Tillers Tractors Ltd. 
VST Tillers Tractors Limited was established in the year 1967 by the VST Group of companies. With a legacy of more than 53 years, VST continues to drive farm mechanization and empowerment of Indian farmers. The organization is the largest Indian manufacturer of Tillers, 4WD Compact Tractor, and amongst the leading producers of the other category Tractors, Engines, Transmission, Power Reaper and Precision Components. VST also exports products to European, Asian, and African markets. To further strengthen its product portfolio and offer world-class technology customized to match the needs of Indian customers, VST has entered into strategic alliances with Pubert from France for Power Weeders and Zetor from the Czech Republic for Tractors.

VST believes in leveraging electric, driver optional, and connected vehicle technologies to offer sustainable, productive, and profitable farming solutions and has made a strategic investment in Monarch Tractor (Zimeno Inc)-Maker of the World’s First Fully Electric, Driver-Optional Smart Tractor. 

Website: www.vsttractors.com.

Mr. Raman Mittal, Joint Managing Director

One of India’s leading tractor manufacturers, Sonalika religiously implements its deep understanding about markets across its heavy duty portfolio with a clear aim to match the same with regional customer demands. Despite unprecedented heat wave affecting crop production across the country, the MSP uptick from government side has facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY’23. As monsoon continues expand base across the country, Sonalika Tractors will remain at the forefront to support farmers win their everyday farming challenges.

Commenting on achieving the new Q1 performance milestone, Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, said, “Delivering on farmer’s expectations month after month empowers us to set new benchmarks both in terms of product as well as performance. Achieving our highest ever Q1 overall sales of 39,274 units with 18% growth is a testament that we understand farmers and their regional market requirements well, which subsequently boils down to reinforced farmer trust in brand Sonalika. Strategically supported by our unique approach of customising our tractor portfolio, I am optimistic that we have set our FY’23 course in right direction for upcoming seasons later during the year. Sonalika Tractors will continue to address regional farmer requirements to ensure high productivity and income for their buoyant future.”

Karn Nagpal, Founder, MyRaasta, a brand of Rosmerta Digital Service Pvt. Ltd.

The process begins with the customers using pictures and videos of the vehicles from a standard smartphone or tablet. The AI engine diagnoses the vehicle by using computer vision as per the customer's content. Since there is no manual intervention in the process, the chances of bias are automatically eliminated, thus providing a detailed and explicit report for all panels in 30 seconds.

Commenting on the same, Mr. Karn Nagpal, Founder, MyRaasta, a brand of Rosmerta Digital Service Pvt. Ltd., says, "MyRaasta is bringing much-required digitisation to the vehicle service experience nationwide. We are excited to be moving closer towards our goal of providing vehicle owners with world-class technology-enabled services with each integration. We are confident that a real-time vehicle inspection will be extremely beneficial to customers and provide them with the tools to take better care of their vehicles in their fast-paced lives."

This inspection service provides customers with detailed information about the health of the vehicle - any possible flaws, such as any damage, as well as its precise location and severity in real-time. It also provides accurate service cost breakdowns for repair and replacement decisions at a nationwide network of MyRaasta garages.

About MyRaasta

Established in 2021, MyRaasta (a brand of Rosmerta Digital Service Pvt. Ltd.) is India’s most disruptive vehicle service aggregator. A trusted and reliable service network of technology-enabled standardized garages and at-home services with real-time assistance through a one-touch mobile app. Dedicated service provider and customer support services are available 24X7 to assist any kind of vehicle with the least estimated time of arrival.

MyRaasta is ambitious to change the face of the industry in the coming years by reducing the cost of vehicle service by up to 40% as compared to the OEM workshops.

MyRaasta is a one-stop service and repair platform for two-wheelers and cars, and covers the whole 360-degree spectrum of vehicle care. MyRaasta offers high-quality, tech-driven vehicle servicing and repair through our standardized garages and doorstep services, DSS Mobile Vans. Customers today can fulfill all their demands for accessories, tyres and battery replacements, extended warranties, roadside assistance, etc. at their fingertips using MyRaasta app. The focus remains on providing a holistic customer experience for all aftermarket vehicle needs.

Solis Yanmar

Banking on the 100 years of Japanese technology experience, Solis Yanmar is now fully prepared to remain ahead of the competition market and expand its compact tractor range with launch of 3 new models in up to 30 HP segment in Turkey. Equipped with proven Japanese technologies, the tractors will further raise performance bar in the local tractor market. The company also recently unveiled the Solis 75 HP CRDi tractor in the Izmir & Konya National fairs held in February & March 2022 respectively. The company has the leadership position in 12 European countries in addressable segment.

Turkey has been among the leading markets with 70,000+ tractor sales annually and Solis Yanmar has a strong product offering in less than 100 HP segment with more than 10 models and 20+ variants for the Agricultural & Compact tractor category. Solis entered into a strategic partner with Yanmar Turkey Machine a.s. in 2017 to set up assembly plant & tractor distribution operations in Izmir, Turkey. The state-of-the-art facility is well equipped with superior tools and techniques to roll out 3,000+ units locally annually. Solis Yanmar has established a robust presence in entire Turkish market with 50+ dealerships & close to 100 sales points across the country. The company also has 200+ dedicated service centres linked to these dealers to serve its end customers.

Sharing his thoughts on the growing market performance, Mr. Raman Mittal, Joint Managing Director, Solis Yanmar, said, “We are proudly a happy family of 5,000+ customers of Solis tractors that are running successfully on Turkish fields. We feel delighted to share that we are the fastest growing tractor brand in Turkey while strongly holding No.1 tractor exports brand position. The Turkish market has a huge demand for tractors between 30-90 HP making our Solis 50 & Solis 90 to be the star products for us. Our S26 model has 88% market share in calendar year of 2021 and overall we have captured 8% market share in Turkey. We also recently unveiled the 75 HP CRDi tractor in the Izmir & Konya National fairs held in February & March 2022 respectively which was much appreciated. We are now expanding our compact tractor range in up to 30 HP with launch of 3 new models with Japanese technologies to address the niche segment and take Turkish tractor market by a storm.”

Sonalika Tractors also intensified its commitment for farmers' prosperity in India and expanded its unique region-centric, customised tractor range in May’22. During the month, the company introduced two new tractors – ‘Sonalika Sikander RX 50 with 12 F + 3R transmission’ for Madhya Pradesh farmers to deliver powerful performance. This was followed by launch of ‘Sonalika MM 18 Narrow Track’ launched especially for Gujarat farmers that are into orchards and vineyards later during the month. Both tractors are designed to set new benchmarks both in power and mileage while delivering an unmatched performance as well as affordability.

Mr. Raman Mittal, Joint Managing Director, ITL

Speaking on the staggering performance, Mr. Raman Mittal, Joint Managing Director, ITL, said, “It feels invigorating as all our concerted efforts have resulted in another electrifying performance by Sonalika in May’22. With a record 42.1% growth, we have registered our highest ever May sales of 12,615 tractors. Sonalika truly believes in addressing specific farmer requirements and deliver dynamic tractor performance as well as affordability for farmers' peace of mind. Favourable factors such as consistent increase in MSP by government, improved rabi crop procurement and now the timely arrival of monsoon in the country will set up viable platform for agriculture activities to flourish in FY’23.”