CCI Greenlights Sanyo's Stake Increase
The Competition Commission of India (CCI) has granted approval for Sanyo Special Steels to acquire an additional 15.43% stake in an Indian steel manufacturer. This regulatory clearance underscores Sanyo's strategic expansion plans in the steel industry and highlights the regulatory framework's role in fostering competition and investment.
The acquisition of the additional stake by Sanyo Special Steels signifies its confidence in the growth potential of the Indian steel sector. It also reflects the company's commitment to strengthening its presence and capabilities in the Indian market...
SANY India expands presence with opening of new facility in Odisha
Sany Heavy Industry India, a leading global provider of construction machinery and equipment, was pleased to announce the grand opening of HO, Raghunath Machinary. The inauguration ceremony was presided over by Deepak Garg VC & MD Sany India & South Asia on April 24, 2024.
The establishment of this state-of-the-art facility underscored Sany Heavy Industry's commitment to providing unparalleled service and support to its customers in the south Odisha and western Odisha regions. The strategic location of the office enabled the company to offer seamless access to sales, service, and spare..
SANY to showcase green products at INTERMAT 2024
SANY Group (SANY) is gearing up to showcase at the INTERMAT Trade Show 2024 in Paris from 24 to 27 April 2024 at booth Ext 5 C 044. The booth, measuring an impressive area of 2,728 m2, will showcase 34 cutting-edged machines spanning excavators, concrete machinery, road machinery, port machinery, and several hydraulic parts. Attendees can expect to witness a batch of brand-new equipment, spanning mini excavators, Europe-customized wheeled excavators, pilling machines, reach stackers, telehandlers, mixer truckers, and road machines. Notably, in keeping with the key theme of this year's event ? ..
TVS Motor Unveils Electric Two-Wheeler
TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.
The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..
Chinese EV Giant Leapmotor Eyes Indian Market
Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.
Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..