Happiness Truck 5.0 kicked off its cross-country journey, uniting trucking communities from East to West, fostering collaboration. From flag-off in Guwahati to stops in Alipurduar, Birpara, Dhupguri, Changrabandha and Siliguri the convoy spreads joy and inspiration, symbolizing the dedication of the trucking fraternity towards learning and bringing in operational efficiency. One industry that always stands for its crucial role in delivering happiness to one and all is the non-stop trucking community. Since 2019, MOTORINDIA has been spearheading a unique campaign, the ‘Happiness Truck’, which ..read more

Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals. Established in 1956, Mailhot Industries has become a North American leader in hydraulic cylinder manufacturing. Mailhot Industries specializes in the refuse trucks and snow removal equipment market and is known for the reliability of their products in ..read more

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Makes e-cargo mobility smarter and greener with higher payload capabilities and an extended range  Tata Motors has strengthened its e-cargo mobility solutions with the launch of the all-new Ace EV 1000. Developed to revolutionise last-mile mobility, this zero-emission mini-truck offers higher rated payload of 1 tonne and a certified range of 161km on a single charge. The Ace EV is developed with rich inputs from its customers and the new variant will address evolving needs from various sectors like FMCG, beverages, paints & lubricants, LPG & dairy. Supported by over 150 ..read more

The state-of-the-art manufacturing facility is a significant hub for production of commercial vehicles, including green mobility solutions Tata Motors has announced a significant milestone of its 9,00,000th vehicle rollout from its state-of-the-art Lucknow facility. The celebration included a flag-off ceremony in the presence of Durga Shanker Mishra, Chief Secretary, Government of Uttar Pradesh, and senior delegates from Tata Motors, at the facility. Spread across 600 acres, the Lucknow facility stands as a testament to Tata Motors’ commitment to sustainable manufacturing practices, with it b ..read more

Elfonze Technologies, a pioneer in Enterprise, Digital and Connected Supply Chain Services is has announced the successful merger of iAMPS & Hz’s business unit AI-EMC Design Synthetics into its company as part of its ongoing efforts to enhance and expand its service offerings. This merger is effective as of 6th May 2024, marking a significant milestone in Elfonze’s commitment to innovation and excellence in the Electronics System Design and Manufacturing (ESDM) domain. (From left) Vijai Velu, CEO & Co-Founder, Elfonze Technologies; Sanjeev Gupta, CEO, KDEM; and Dr. Ananth Krishna ..read more

TI Clean Mobility Private Limited (TICMPL), a subsidiary of Tube Investments of India Limited (TII), has signed definitive documents on 6th May 2024 with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively “GEF”) to raise a capital of about Rs. 580 Crs. in the form of Equity and Compulsorily Convertible Preference Shares (CCPS). As announced earlier, TICMPL planned to raise capital to the tune of Rs. 3,000 Crs. to fund its multiple verticals of electric vehicles. Upon closing of the proposed investment from GEF, the overall fund raising would aggregate to Rs. 2,530 Crs ..read more

With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian Construction Equipment industry has recorded 26% increase in overall sales volume for the financial year 2023-24, surpassing all projections. With these landmark figures, the CE industry has set yet another record, thereby sustaining the previous year’s growth momentum. The industry’s excellent annual performance has been a result of significant increase in demand for Construction Equipment observed in both domestic as well as exports markets, by 24% and 49% respectively. “The Government’s re ..read more

GreenLine Mobility Solutions Ltd, an integral part of Essar’s Green Mobility initiative, is leading the charge in decarbonising India’s transportation and logistics sector. Committed to significantly reducing carbon emissions from road logistics, GreenLine operates as a fleet operator of LNG-powered trucks, supported by its subsidiary Ultra Gas & Energy Ltd (UGEL), which leads the establishment of LNG fuel hubs. The truck market in India comprises around 4 million trucks. With the necessary support from customers, bankers, and financing, GreenLine aims t ..read more