With BS IV norms now a reality, auto component maker Lumax Auto is planning investments of over Rs 150 crore over the next 1 year for new tie-ups and developments.
Industry experts believe that the two-wheeler industry in India will exceed 20 million units by the time the BS VI norms are implemented.
Keeping in mind such a huge market, Lumax Auto has joined hands with the Spanish firm Francisco Albero S.A.U., (FAE) for developing oxygen sensors for the two-wheeler market in India. Under the newly-signed joint venture, Lumax FAE Technologies, Lumax will have 51% stake. FAE will hold the rest.
هذه القصة مأخوذة من طبعة October 2017 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 2017 من Auto Components India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
U.S. COMMERCE DEPARTMENT ISSUES PRELIMINARY DECISION ON TURKISH BRAKE DRUM SUBSIDIES
On December 06, 2024, the U.S. Department of Commerce announced a preliminary affirmative determination in the Countervailing Duty (CVD) investigation concerning certain brake drums imported from the Republic of Türkiye as per The Brake Report.
BHARAT MOBILITY GLOBAL EXPO 2025 THE COMPONENTS SHOW PREVIEW
The Bharat Mobility Global Expo 2025, slated for January 17-22, is ready to dazzle the world with its expansive and innovative display of automotive and mobility solutions, writes Ashish Bhatia.
INTELLIGENT TRAILERS
Today's trailer customers enjoy access to a complete range of integrated solutions, writes Ashish Bhatia.
UNLOCKING THE POTENTIAL OF USED EVS IN INDIA'S GROWING EV MARKET
India's EV market, valued at USD 2 billion, is on the fast track to becoming the third largest globally by 2025. However, maintaining this momentum will depend heavily on developing a robust second-hand EV market
SAPIENCE HARNESSES AI FOR ROAD SAFETY
Sapience Automata is banking on Al-driven ADAS innovations to curb accidents, and improve fleet efficiency, writes Upendra Kasbekar.
TRAFFIC SURVEILLANCE SOLUTIONS
CP Plus is offering innovative traffic surveillance solutions to enhance on-road safety. writes Richa Tyagi.
LEGACY BRAND RENEWED PURPOSE
As Godrej Enterprises Group celebrates its 127th anniversary, the company unveiled a bold vision to chart a sustainable and innovative path forward, writes Ashish Bhatia.
GLOBAL AUTOMOTIVE SOLUTIONS
Raghavan Sampath, Director of Business Development, India Business Development Division at MediaTek, shared the company's strategic approach of offering global automotive solutions, with Richa Tyagi.
SOUTH KOREAN BATTERY MAKERS' DECLINING SHARE
Three South Korean electric vehicle battery makers saw their combined global market share fall from a year earlier in the first 10 months of 2024 amid robust growth of Chinese rivals, industry data showed on Monday.
UNO MINDA GPT-ENABLED MUSIC SYSTEM
Uno Minda Ltd. has introduced India’s first GPT-enabled Android music system, the WTUNES-464DN-GPT, revolutionizing the in-car experience.
