IT CAME AS shocking news for the industry and the country alike. Vikram Shreekant Kirloskar, who led Toyota Kirloskar Motor as the automaker's head for over two decades, died of cardiac arrest on November 29. He was 64.
Vikram Kirloskar was involved in the operations of multiple Kirloskar Group companies in India and he played an instrumental role in bringing Toyota to India. He was a fourth generation member of the Kirloskar Group and had been vice chairman at Toyota Kirloskar, headquartered in Bengaluru, since 1998. He did his schooling at Lawrence School, Lovedale in Ooty and was a graduate from Massachusetts Institute of Technology.
He spearheaded a joint venture partnership with the Toyota group in 1997 and started a major automobile manufacturing industry in India. After the Suzuki merger with Maruti Udyog in 1982, it took another 18 years for a Japanese brand like Toyota to begin local production in the country. The first product to be launched under the Toyota brand in India was the highly successful Qualis MPV in 2000.
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Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
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New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
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Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.
