According to the latest export numbers released by the Society of Indian Automobile Manufacturers, Ford India maintained a strong export trajectory for April - September 2017. With 82,347 units (+11.5% growth) Ford has the biggest share, accounting for 22.7% of the shipments. Built at the integrated Sanand plant in Gujarat,...
India's Food Safety Regulator Eases Business Policies
To facilitate ease of doing business, state-owned Food Safety and Standards Authority of India (FSSAI) put in place procedures to simplify licensing and registration processes: It developed an online Food Licensing and Registration System in all states, (except in Nagaland) as also at airports, seaports and in India's railway systems....
India's Zoomcar to Launch Bicycle Sharing Service
Ford-backed car rental service Zoomcar based in Bangalore, India, is set to start a bicycle sharing business. Founder, American expatriate Greg Moran, said that the company will have its own fleet of cycles and will start the service in Bangalore, Chennai and Kolkata. “We have observed a huge market gap for...
India's Cold-Chain Infrastructure Looks Up
According to Ravichandran Purushothaman, president of Danfoss Industries, the Indian arm of the Nordborg, Denmark-headquartered Danfoss, the company is riding a boom in India’s cold-chain infrastructure. Purushothaman, told Business Line, "The heart of the cold chains is with us," noting that Danfoss' cold-chain-related business grew between 20 and 25 per cent...
Brakes India and ZF Launch Electric Park Brake Technology
Germany-based ZF Friedrichshafen AG, together with Brakes India, -- a joint venture between ZF-TRW and the Chennai, India-based TVS group -- announced an India-specific Electric Park Brake (EPB) technology. The JV tied up with a global OEM (whose name is not disclosed) to develop this technology, a first for India....
Danfoss India Targets 50% Localization by 2020
Danfoss Industries, the Indian arm of the Nordborg, Denmark-headquartered Danfoss, which makes a range of industrial products for heating, cooling and energy efficiency, is aiming to increase manufacturing localization to up to 50 percent by 2020. Danfoss India president Ravichandran Purshothaman said the company manufactures 20 percent of its products locally...