TVS Motor Singapore invests $3.2 million in AI firm

TVS Motor Singapore, a wholly-owned subsidiary of TVS Motor Company, India, has signed definitive agreements to invest $3.2 million in Predictronics Corporation, a US corporation, headquartered in Cincinnati, Ohio, which specialises in providing end-to-end predictive maintenance analytics solutions. Predictronics’ solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove […]

Meritor opens new axle assembly plant in India

Meritor has announced the opening of a new $36.5 million axle assembly facility at Automotive axles, its joint venture with Kalyani group along with a state-of-the-art research and development centre in Mysore, India. The new assembly facility expands Meritor India’s production capacity by 25 percent, equipping it to better serve customers in the commercial vehicle, off-highway and defence sectors. […]

Continental develops combined camera system for automated driving

Continental has developed an appropriate solution in the form of a combined camera system comprising an inward-looking infra-red camera and an outward-looking camera. This system monitors both the driver in the driver’s seat, continuously detecting whether he or she is able to take responsibility for driving, as well as the traffic situation in front of […]

SIAM welcomes Narendra Modi’s statement on ICE vehicles

Prime Minister Narendra Modi’s assurance that both the internal combustion engine (ICE)-based automobiles, as well as electric vehicles (EV), can co-exist is indeed a very welcome statement, said Rajan Wadhera, President, Society of Indian Automobile Manufacturers (SIAM). “This is completely in-line with SIAM’s recommendations that all relevant technologies should co-exist in our journey towards sustainable mobility, and hence […]

Reduce GST to 18%, urges SIAM

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has reiterated the request of the Auto Industry for an immediate reduction in the GST rate to 18 percent. Need for an immediate reduction in GST rates has been agreed unanimously amongst all members of the Automobile Manufacturers including the two-wheeler OEMs. “This was also reiterated at a recent […]