Category — Automobile

DHL Connects its India Trucks via Internet

Bonn, Germany-headquartered global logistics group DHL is planning to introduce internet-connected trucks and emulate Haryana, India-based technology-enabled logistics start-up Rivigo‘s “driver relay model” to improve customer experience and increase efficiency,

Rivigo, which launched in 2014, has a fleet of over 2,000 internet-connected trucks fitted with sensors for location tracking and real-time data. The company operates through a unique driver relay model: multiple drivers are appointed for one route and each one typically drives for four to five hours before handing over the truck to another driver at a pit stop, returning home with another truck. The company has at least 70 such pit stops across India. According to the Rivigo’s website, the driver relay model helps it reduce transit time by 50-70% from the industry average. DHL is planning to follow the same model and is in the process of building a team and fleet of trucks.

DHL Logistics

Live Mint reported that according to an industry expert, the logistics space offers significant potential for value creation and the sector is seeing some major disruptions due to better infrastructure, policy, and technology. “We see many new players and start-ups trying to capitalize on this opportunity. But, it is also a good setup for traditional logistics players to re-evaluate their business model and plan for breakthrough growth,” said Mayank Bansal, partner, Transportation and Infrastructure, at consulting firm AT Kearney.

 

November 10, 2017   No Comments

Exports Look Up for Global Auto Makers in India

According to the latest export numbers released by the Society of Indian Automobile Manufacturers, Ford India maintained a strong export trajectory for April – September 2017. With 82,347 units (+11.5% growth) Ford has the biggest share, accounting for 22.7% of the shipments. Built at the integrated Sanand plant in Gujarat, the made-in-India Ka+ is mainly exported to Europe. The company also exports the Ka compact sedan and standard sedan along with the EcoSport SUV (made at the Chennai plant) to foreign markets.

Cars

Hyundai India currently exports its vehicles to 87 countries worldwide. The key global markets for the company are Latin America (Mexico, Chile , Peru, Panama); Africa & Middle East (South Africa, Algeria, Tunisia) and the Asia Pacific (Philippines, Nepal).

With export numbers of 50,410 units Volkswagen India recorded a growth of 16.9% . The company, which has for long been benefiting from its make in India growth strategy, exports cars from its Pune plant to over 35 countries across the four continents: Asia, Africa, North America and South America. Mexico continues to be its biggest export market, contributing over 80 percent of its overseas volumes.

GM India, focused solely on export operations from its Talegaon plant since end-April 2017, has shipped 45,222 units (47.7% growth), enough to keep its operations in India running, reports Autocar Professional.  GM will stop selling cars in India next month.

Fiat Chrysler Automobiles India started local manufacture of its Jeep Compass SUV five months ago.  On October 25, FCA India shipped its very first batch of 600 units of the Jeep Compass from the Bombay Port Trust facility to Australia and Japan. The company says the Ranjangaon-produced SUV with over 65 percent local content will go to other international markets such as the U.K., New Zealand, and South Africa through the ongoing quarter of 2017.

 

 

November 2, 2017   No Comments

Consul General of Atlanta Says India is a Largely Untapped Market

Nagesh Singh, consul general for India in Atlanta, said that despite being the world’s fifth largest economy, India remains a largely untapped market which has plenty of opportunities for partnerships with domestic companies. He added that India hopes to increase bilateral trade with the United States from $120 billion to $500 billion in 2025.

Nagesh Singh, India's Consul General of Atlanta

Nagesh Singh, India’s Consul General of Atlanta

GSA Business Reports says that Singh outlined many areas of business opportunities in India:

  • Defense – India is the second-largest importer of arms with an annual expenditure of $15 billion in 2016.
  • Automotive – India is making strides to become the third-largest automotive market in the world by 2022. The country has a $300 billion market and produces only 20% of vehicles sold there.
  • Infrastructure – India plans to spend $1 trillion by 2030 to upgrade roads, bridges and utilities.
  • The country also represents a $600 billion retail market and a $120 billion aerospace market.

Singh noted that businesses in India plan to invest more in the United States. “India is becoming a very important part of providing direct investment to this country,” he said, adding that a recent survey of Indian businesses showed 90% of them want to invest more in the United States.

 

October 16, 2017   No Comments

Volvo Starts Assembling Cars in India

Swedish  brand Volvo has begun assembling cars at their plant near Bangalore in India. Cars valued $40,000 or more that are brought into the country through the Completely Built Unit route attract an import duty of 100%. So to make the cars more affordable to Indian consumers, Volvo India will go the Completely Knocked Down route paying a 10% import duty on car components.

Volvo’s facility in India has its Scalable Product Architecture (SPA) modular chassis technology on which the company assembled its first XC90 SUV for India. SPA allows a wide range of cars, powertrains, electrical systems and technologies – all of differing complexity – to be fitted on the same architecture, generating significant economies of scale.

Volvo XC90 - Air suspension

Indiancarsbikes.in quotes Volvo Auto India’s managing director Charles Frump as saying, “It’s a moment of great pride for all of us at Volvo Cars. The roll-out of the first locally assembled Volvo car speaks volumes for the company’s commitment to grow further in India. The last three years have been good for us in India.”

 

 

 

 

 

October 15, 2017   No Comments

Rolls-Royce Launches Convertible in India

British luxury car-maker Rolls-Royce, that has a strong presence in the Indian market for over a century, announced the launch of Dawn, a four-seat convertible. “India is one of the focus markets for Rolls-Royce globally,” says Michael Schneider, regional general manager, sales, Asia Pacific.

“In creating Dawn, we have accepted no compromise to the comfort and luxury of four adults who want to travel together,” says Giles Taylor, design director, Rolls-Royce. With the average age of customers  now in the mid-40s, the car’s interiors are not as formal as the company’s earlier models were.

Rolls Royce insignia

Priced at a base rate of  just under $1 million the car is one of the quietest convertible vehicles in the world today with an average waiting period of six months, reports Forbes.

October 11, 2017   No Comments