Sonalika sets eyes on high capacity utilisation of 3 lakh units per annum tractor plant

The Rs 6000 crore Lachhman Das Mittal and family controlled Sonalika group is on a major export drive to push global sales of its tractors, apart from consolidating its domestic sales, thereby aiming to fully utilis...

Ashok Leyland showcases iEGR technology for BS4 engines

Ashok Leyland, flagship of the Hinduja Group, showcased its full range of future ready products, based on Intelligent Exhaust Gas Recirculation (iEGR) technology, and industry-leading services at its annual Global C...

Tata launches AMT buses for Rs. 21 lakh

Tata Motors has launched an AMT (Automated Manual Transmission) technology on the Tata Starbus and Tata Ultra brand of buses which range from 12m -9m. These buses have been developed especially for metropolitan appl...

BharatBenz launches all-new 16-tonne intercity coach

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler AG is expanding the product portfolio of its BharatBenz brand with a 16-tonne, 238 hp front-engine intercity coach. T BharatBenz alre...

Kion forklift truck brands Voltas and OM join forces in India

Kion’s Indian forklift truck brand, Voltas, is to join forces with the long-established Italian brand OM in India. To harness the vast market potential of the subcontinent even more effectively, trucks containing Vo...

New range of BharatBenz heavy duty trucks premiered

Daimler India Commercial Vehicles (DICV) premiered their new range of BharatBenz heavy-duty trucks. The new range of trucks have been equipped with technology to meet the latest BS-IV emission norms laid down by the...

Indian CV industry saddled with Rs  5800 crore inventory of BS III vehicles

The Indian commercial vehicle manufacturers are sitting on a sizeable stock of unsold inventory worth approximately Rs 4600 crore to Rs 5800 crore as a fallout of the Supreme Court ban on selling commercial vehicles...

Komatsu acquires Joy Global to expand mining business

Komatsu America Corp., a subsidiary of Komatsu Ltd. has completed its acquisition of Joy Global Inc., a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global...

Sonalika ITL closes FY 16-17 with tractor sales of 81531 units

Leading tractor manufacturer in India, Sonalika ITL recorded an all-time high sales of 81531 units in fiscal 2016-17with growth of 19.6% over last year. This is the highest sale of tractors ever to be recorded in th...

Tractor domestic volumes report positive growth in 2016-17

Tractor volumes in domestic market have reported a positive growth trajectory during the fiscal 2016-17 (growth in volumes of 18.2% in 10months from April 2016 to January 2017 on a YoY basis) fuelled by favourable f...




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