In the next James Bond movie No Time to Die that will be released in April 2020, vehicles showcased in the car chases are Defenders from the Jaguar Land Rover Company which is a subsidiary of India's Tata Motors headquartered in Mumbai. The Land Rover Defenders in the movie are no...
India's Tata Motors to Supply Trucks to WABCO of Belgium
Brussels, Belgium headquartered WABCO Holdings Inc., announced its first major deal with Mumbai-based Tata Motors for power steering systems following its September 2017 acquisition of Hanover, Pennsylvania-based R.H. Sheppard, a supplier of steering technologies for commercial vehicles. With this deal, WABCO has engaged Tata Motors to meet their demand for...
Ten Most Significant Changes in India in the Last Decade
Forbes documents the top ten most significant changes that India has witnessed from 2010 to 2017. Read a lightly edited summary of these below: 1) Emerging as one of the largest economies The recent economic expansion noted in India has brought a record number of people out of poverty. A...
Gujarat Leads Race to Manufacture Electric Vehicles in India
With the Government of India's initiative to put 1 million electric vehicles on the roads by 2019 , car and bike makers are preparing to manufacture electric and hybrid systems. The western state of Gujarat is set to become the electric vehicle hub of India. Ford Motor Co., which has...
India Pushes Auto Industry to Make Electric Vehicles
India's is pushing auto part and car makers to draw up plans to electrify all new vehicles by 2030. India's minister for road transport, Nitin Gadkari, asked companies to start building electric and alternative fuel vehicles or risk being overtaken by policy changes. Maker of engines, Cummins India, is investing...
Warburg Pincus to Invest in India's Tata Technologies
New York-based private equity firm Warburg Pincus will invest $360 million in Tata Technologies for a 43 percent stake, of which 30 percent will be acquired from Tata Motors, the parent company, and 13 percent from Tata Capital. Tata Technologies provides outsourced design, research and development services to the automotive, aerospace,...