India is shifting from buying to leasing forklifts

31 Jul 2025 CW Team

- Rushabh Vora, Co-Founder and Managing Director, SILA

SILA, India’s leading real-estate platform, has forayed into electric material handling equipment (MHE) rental solutions through a strategic partnership with Nilkamal, marking its expansion into the manufacturing and warehousing sectors. With over 15 years of operational expertise, a workforce of 30,000+, including 1,000+ trained equipment operators and operations spanning 125+ cities, SILA is well-positioned to transform how Indian businesses approach logistics and equipment management. Founded in 2010 by brothers Rushabh and Sahil Vora, and backed by Norwest Venture Partners, SILA manages over 250 million sq ft and has advised on real-estate transactions worth over Rs 160 billion. Speaking to CW, Rushabh Vora, Co-Founder and Managing Director, shares the rationale behind the company’s move into EV MHE, how its operational strengths are being deployed, and where the business is headed next...

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Infrastructure Urban

11 Sep 2025

BEST Expands Fleet with 17 New E-Buses, Launches Coastal Road Service

The Brihanmumbai Electric Supply and Transport (BEST) Undertaking has added 17 new 12-metre electric buses to its fleet, enhancing services across Mumbai. Some of these buses will operate on the newly launched AC route A-84, connecting Oshiwara Depot to Dr Shyamaprasad Mukherji Chowk (Museum) via the Coastal Road.The new buses, manufactured by Nagpur-based Mumbadevi Mobility Private Limited, were inaugurated at the Colaba depot by IAS officer Asheesh Sharma, BEST’s acting general manager. The Coastal Road route will include four new stops between Worli and Marine Drive.Equipped with modern a..

Tata Power and Tata Motors Launch Mega EV Charging Hub in MumbaI

On the occasion of World EV Day, Tata Power and Tata Passenger Electric Mobility inaugurated India’s largest TATA.ev MegaCharger hub, located near Terminal 2 of Chhatrapati Shivaji Maharaj International Airport, within The Leela Mumbai Hotel premises.The facility is equipped with eight fast DC chargers of up to 120 kW and offers 16 charging bays, enabling 16 electric vehicles to charge simultaneously. This eliminates long wait times and ensures convenience for a wide mix of EV users, including private car owners, taxis, ride-hailing fleets, and logistics operators.The co-branded hub was inau..

Tata Motors to Acquire Iveco Group in EUR 3.8 Bn Deal

Tata Motors, a global automotive leader, has announced an agreement to acquire Iveco Group N.V., a European commercial vehicles and mobility major, in a deal valued at approximately EUR 3.8 billion. The move aims to establish one of the world’s most competitive and diversified commercial vehicle groups with strong global reach, product depth, and industrial capabilities.The proposed acquisition will be executed through TML CV Holdings PTE LTD or a new Dutch-incorporated subsidiary of Tata Motors, which will launch a recommended voluntary tender offer for all issued Iveco Group shares. The of..