TATA motors

Photo: The Statesman

Tata Motors To Introduce New Models, Trims In Order To Preserve Its Supremacy In SUV Industry

Tata Motors is to introduce new models and extend existing model lines in order to maintain its leading position in the SUV sector. The automaker also intends to provide new trims and variations with feature updates to meet changing client demands. "We plan to further expand the SUV space by adding new nameplates/variants at regular intervals and expanding our consumer base," Tata Motors Passenger Vehicles Vice President Rajan Amba said. 

Sat, 27 Aug 2022 - 08:20 PM / by Vidhi Jhunjhunwala

Tags: TATA Motors, SUV, Automakers, Vehicle, competition

Courtesy: DNA INDIA


Photo: Daily Pioneer

Bosch Plans To Invest More Than Rs 200 Cr In India Over Next 5 Years

Bosch Ltd would invest over Rs 200crore in India over next five years in innovative automotive technology and digital mobility said Managing Director Soumitra Bhattacharya. Bosch's annual report for FY22 stated the company is "quietly and cautiously optimistic about having a double-digit growth in FY2022-23 over the previous fiscal year." Bhattacharya stated the globe is facing "unprecedented" issues such as supply chain crises, semiconductor… read-more

Tue, 12 Jul 2022 - 08:30 PM / by Vidhi Jhunjhunwala

Tags: Automakers, Bosch, Investment, FISCAL YEAR, India

Courtesy: DNA INDIA

Droom online automobile company raises $200 million in funds

Photo: EN Tracker

'Droom' Raises $200 Mn From Funding, Becomes India's 17th Unicorn

Online automobile startup "Droom" has raised $200 million in pre-IPO funding, taking its valuation to $1.2 billion and registering itself as India's 17th unicorn company. Investors like "57 Stars" and "Seven Train Ventures", participated in the fund-raiser along with others. The company said that it will use the fund to grow its market all over Indian cities and to international markets eventually.

Thu, 29 Jul 2021 - 10:05 AM / by Prateek Chakradhar

Tags: Indian Automobile Industry, Automakers, fundraiser, Technology, IPOs, Unicorn list company

Courtesy: The Economic Times