TAFE acquires iconic Serbian tractor brand OMT

TAFE, the world’s third largest tractor manufacturer by volume, successfully acquired the renowned Serbian tractor and agriculture equipment brand IMT - Industrija Masina i Traktora.

Suresh Chettiar appointed Business Head of Volvo Buses South Asia

Volvo Bus Corporation has announced the appointment of Suresh Chettiar as Business Head of Volvo Buses South Asia & Vice President Volvo Bus Corporation effective January 1, 2018. Suresh most recently served as Chie...

Recovery in 3-wheeler sales to neutralise Sri Lanka proposed ban, says ICRA

The recent indication by the Sri Lankan Transport Ministry, to restrict the import of three-wheelers (3W) into the country due to increasing accidents rate and traffic congestion, if implemented may impact India’s 3...

Ashok Leyland MoU with Russia's Rosoboronexport, Elcom

Ashok Leyland Defence Systems (ALDS) has signed a Memorandum of Understanding (MOU) on cooperation with Russia's Rosoboronexport, on the sidelines of the International Military Technical Forum Army - 2017 held at Ku...

Eicher Polaris begins Multix exports to Nepal

Multix – India’s first Personal Utility Vehicle by Eicher Polaris Private Ltd. (a 50:50 JV between Eicher Motors Ltd. and Polaris Industries Inc. of USA) is all set to start its journey to Nepal. Eicher Polaris Priv...

500 New Holland Agriculture tractors from India delivered to Myanmar

New Holland Agriculture, one of the leading agricultural equipment brands globally, has recently announced the delivery of 600 tractors to Myanmar through the Agricultural Mechanisation Department (AMD) retail selli...

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...

Tata Motors launches Prima truck in Saudi Arabia

Leading commercial vehicle manufacturer Tata Motors has launched its world smart truck brand –Tata Prima, in the Kingdom of Saudi Arabia (KSA). Developed with Tata Motors subsidiary – Tata Daewoo Commercial Vehicl...

Daimler exports of BharatBenz trucks doubles in 2016

Leading commercial vehicle player Daimler India Commercial Vehicles (DICV) is looking back at a successful year 2016. Despite a mixed year in its domestic business, DICV was able to hold to its own especially thanks...

Ashok Leyland announces opening of new assembly plant in Dhaka

Ashok Leyland, flagship of the Hinduja Group, has announced the opening of its new assembly plant in Dhaka, Bangladesh. Built over a period of 15 months, the plant is spread over an area of 37 acres. The plant is a ...



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