Renault Delivers Over 3000 Cars During Dhanteras And Diwali Festivals

 

* Strong demand further increases the waiting period on certain variants across the range 

* The AMT & CVT variants are the most preferred choice amongst customers 

Renault, which is in its 10th year of operations in India announced the delivery of over 3000 cars during “Dhanteras and Diwali”. This has been enabled by Renault’s strong product-offensive strategy, that has ensured that Renault is progressing despite the challenging macro-economic environment in India.  

The delivery line-up included the latest offering from the Company the Renault KIGER that boasts of the best in segment fuel efficiency, Renault TRIBER that was recently awarded with Global NCAP 4-Star Safety Rating along with the Attractive, Innovative and Affordable game-changer Renault KWID. 

“With the start of the festive season we are witnessing positive customer sentiment. It is very motivating to see an overwhelming response to our products, especially the AMT and the CVT variants that are becoming a popular choice across segments. Together with the metro cities, Renault also has a robust strategy to enhance its presence in rural markets, which offers significant growth potential. We expect to continue the momentum in the remaining year as well and look forward to welcoming more customers into the Renault family,” said Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations. 

Renault KIGER is the latest in the line of revolutionary products launched by Renault in India. A brand-new compact SUV designed and developed for India before making its international debut, Renault KIGER has established itself as a Stunning, Smart and Sporty B-SUV. Powered by a world-class turbocharged 1.0L petrol engine KIGER not only offers more performance and a sporty drive, but also boasts best in segment fuel efficiency of 20.5 KM/L. 

Renault is celebrating its 10th Anniversary in India, with a series of activities. It recently launched the new RXT (O) variant of Renault KIGER and the KWID MY21. The launches are part of Renault’s plans to innovate and disrupt the Indian car market with feature-rich, Made-in-India products. 

Together with its product portfolio expansion strategy to drive volumes in India, Renault is substantially increasing its network reach in the country and introducing several unique and pioneering initiatives to ensure that customers’ have an unparalleled association with the Renault brand. Currently, Renault India has more than 500 sales and 530 service touchpoints in India, which include 250+ Workshop On Wheels locations across the country. 

ABOUT RENAULT  

Renault India Pvt. Ltd. is a fully owned subsidiary of Renault S.A.S. France. Renault India cars are manufactured in the manufacturing facility located in Oragadam, Chennai, with a capacity of 480,000 units per annum. Renault India also has a widespread presence of more than 500 sales and 530 service touchpoints, which include 250+ Workshop On Wheels locations across the country, with benchmark sales and service quality. 

Renault India’s product line up and services have seen strong recognition among customers and industry experts alike, winning more than 60 titles, making Renault India one of the most awarded automotive brands in a single year in India. 

Tata Motors Joins Hands With Equitas SFB To Bring Attractive Financial Solutions For Its Small Commercial Vehicle Customers

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a five-year Memorandum of Understanding (MoU) with Equitas SFB, one of the country’s largest small finance banks, to bring a set of attractive financial solutions to its customers. With benefits applicable across the Tata Motors small commercial vehicle (SCV) range, this tie-up will aim to facilitate seamless availability of financing for aspiring buyers. Tata Motors will leverage Equitas SFB’s strong network across the country, spanning 861 branches and 550+ CV customer touchpoints, to make these solutions accessible for customers.

Tata Motors SCV range has nurtured self-employment in both urban and rural areas by providing a respectable means of livelihood to nearly 30 lakh Indians. Tata Motors pioneered in the SCV segment, with India’s first four-wheel mini-truck, the Ace, in 2005, and has exponentially evolved with vehicles engineered to cater to varied applications. Addressing the rapid growth in the e-commerce industry, the Tata Ace and Tata Intra are the preferred vehicles for last-mile transportation.

Commenting on this partnership, Mr. Rohit Gangadhar Phadke, Senior President & Head – Retail Assets, Equitas Small Finance Bank said “We are happy to be associated with Tata Motors Limited at such an early stage of the Bank’s journey. Through this partnership, Equitas would reach a large set of financially excluded segments to help them buy their first commercial vehicle from Tata Motors Limited. Equitas Small Finance Bank has always believed in uplifting the underserved and unserved segment of the society to drive financial inclusion.”

Commenting on the association, Mr. Rajesh Kaul, Vice President, Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors, said, “We are delighted to partner with Equitas SFB, one of India’s leading small finance banks, to make our extensive range of vehicles available to a larger set of customers, with easy financing and flexible repayment options. With an extensive 3 million customer database and sustained years of expertise in the sector, Equitas SFB will help us extend beneficial offerings to CV customers across the nation. Tata Motors has consistently placed customer welfare at the centre of its endeavours, striving to bring to them profitable value propositions. The Ace and the Intra range have redefined the last-mile transportation, with their comfort, reliability and low cost of ownership. With this partnership, we will join forces with Equitas SFB to continue our dedicated efforts to serve our customers.”

As a market leader in the commercial vehicle space, Tata Motors constantly engages with its customers to assess their needs and requirements on the product and services front, as well as from a finance support perspective. Tata Motors continues to invest in customer-oriented endeavours and initiatives to ensure a smooth and a seamless financing experience to its current and potential customers.

About Tata Motors

Part of the USD 109 billion Tata group, Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 34 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and amongst the top three in the passenger vehicles market.

Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by preparing a tailor-made product strategy, leveraging the synergy between the Group companies and playing an active role liasoning with the Government in developing the policy framework

With operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia, supported by a strong global network of 103 subsidiaries, 9 associate companies, 4 joint ventures and 2 joint operations as on March 31, 2021, Tata Motors’ commercial and passenger vehicles are marketed in countries, spread across Africa, Middle East, South & South East Asia, Australia, South America, Russia and other CIS countries.

IBM’s New Client Innovation Centre In Mysuru Launched To Specializes In Design, Software Engineering And Analytics

* Spoke-shore strategy of Beyond Bengaluru initiative of Karnataka Digital Economy Mission (KDEM) making a growth story for companies

The Karnataka Digital Economy Mission (KDEM), as part of its Spoke-shore Strategy’ to attract companies to set up operations in cities ‘Beyond Bengaluru’, fuelled the launch of IBM’s Client Innovation Centre (CIC) in Mysuru today. The CIC initiative aims at supporting the rapid, high-tech driven economic growth in tier 2 and 3 regions while providing comprehensive hybrid cloud and AI technology consulting capabilities. The CIC specializes in design, software engineering and analytics.

Congratulating KDEM and IBM on the launch of their Client Innovation Centre, Dr. Ashwath Narayana, Minister for Higher Education; IT & BT, Science & Technology; Skill Development, Entrepreneurship & Livelihood said, “I applaud KDEM for making the Spoke-shore strategy a reality in India and wholeheartedly welcome IBM’s CIC to Mysuru. It is encouraging to see that the industry is recognising places such as Mysuru, thereby echoing our vision of Beyond Bengaluru. We are confident that this partnership will propel Karnataka to become a frontrunner for digital services and technologies world over. 

Commenting on the inauguration of the CIC, Sri. B.V. Naidu, Chairman, Karnataka Digital Economy Mission said, “The launch of the Client Innovation Centre at Mysuru resonates with KDEM’s Spoke-shore initiative of attracting at least 100 GCCs by 2025. The augmented pace at which centres like Mysuru are transforming digitally, we believe that such concerted efforts as IBM’s CIC is key to amplifying Karnataka’s IT-ecosystem, especially in centres beyond Bengaluru.”

Amit Sharma, Managing Partner, Worldwide Global Delivery, IBM said, “The IBM CIC will play a key role in the digital transformation of the IT-ecosystem throughout the city and create new employment opportunities to foster the next wave of technology innovation. IBM CIC is looking to hire over 10,000 staff this quarter globally. This builds on double-digit hiring growth in its Global Delivery Centers already this year. This continued investment in talent will expand the company's skillsets in areas such as AI, intelligent workflows, application modernization and management, and hybrid cloud.”

As an entrepreneurial start-up within IBM Consulting, the CIC will specialise in design, software engineering and analytics while supporting clients in the transformation of their business by utilizing delivery capabilities throughout the entire system development life cycle, from design to architecture to creation. New skills will serve to open-up new business streams and strengthen the IT industry ecosystem in the region through close collaboration with clients and partners including cloud solution and service providers.  

Speaking at the launch of the CIC in Mysuru, Dr. E.V. Ramana Reddy, Additional Chief Secretary- Department of Electronics, IT-BT & S&T said, “KDEM has paved way for a new wave of digital transformation in Karnataka, especially in tier 2 and 3 centres. Initiatives such as CIC prove that a Government-Industry synergy can build a robust digital infrastructure, thereby significantly contributing to the nation’s economy and progress.”  

Given that 30% of India’s GDP is driven by the digital economy, KDEM’s Spoke-shore will converge on setting aspirational goals for GCCs and creating employment opportunities for 10,00,000 (direct and indirect) candidates by 2026. The Beyond Bengaluru initiative aims to attract and host 5000 IT companies and start-ups by 2026 in the Mysuru, Hubbali and Mangaluru clusters.

Mr. Sanjeev Gupta, MD & CEO, Lahari said, “Spoke-shore strategy has alleviated several GCC companies to create offshore hubs in Bengaluru. The question is what next from here, spoke-shore is next. We are extremely happy that IBM’s CIC is one such milestone towards taking the Spoke-shore strategy a reality and building a formidable ecosystem that goes beyond the realms of Bengaluru and focuses on a well-rounded development of Karnataka, especially its promising Tier 2 and 3 markets.”

About Karnataka Digital Economy Mission (KDEM)

With an objective to increase the share of Digital economy in the state, the Government of Karnataka set up the Karnataka Digital Economy Mission (KDEM), a Section-8 organization, which acts as a knowledge bridge between the industry and the government. To meet the objectives, KDEM has been working towards the five focus areas, viz. IT Products & Services, BPM & GCC promotion; Innovations & Start-ups; ESDM; Beyond Bengaluru; and Talent Accelerator.

The Beyond Bengaluru Program

The Beyond Bengaluru program of KDEM, in particular, is spearheading the objective of proliferating the growth of digital economy in clusters beyond Bangalore. This is done for select identified clusters in the state by developing and facilitating a product-based ecosystem. Building a community of key industry players, entrepreneurs, start-up owners, academia, accelerators, and student community, the Beyond Bengaluru program of KDEM is steering towards getting investments and generating employment in the state.

WardWizard Inaugurates Its New Global Headquarters In Vadodara

* The new global headquarter to facilitate new business opportunities and employment generation

Wardwizard Innovations and Mobility Ltd (BSE Code: 538970) – one of the country’s leading two-wheeler electric vehicle manufacturer brands ‘Joy e-bike’ shifts to its new Global Headquarters in Vadodara.

The New Global Headquarters is spread over20k sq ft

New Global Headquarters in Vadodara was built with an investment of 100 million INR.

The New Global Headquarters will generate more opportunities and employment for local people.

We are excited to move to our official global headquarters,” said Yatin Gupte (Chairman & MD, Wardwizard Innovations & Mobility Ltd) Making this move will improve efficiency, collaboration and cost-competitiveness, while providing an exceptional work environment for our employees.” He added

As this festival season bring in the much-awaited festive cheer resulting in high demand in the market, the company has sold 2,855 units of electric scooters and motorcycles, registering a growth of 502% compared to October 2020, where sales stood at 474 units.

Wardwizard have a state-of-the-art manufacturing facility in Vadodara, Gujarat, which has an annual production capacity of 200,000 electric two-wheelers in one shift. Further, with the government’s support and consistent awareness campaigns on the adoption of sustainable mobility, Wardwozard has also observed high growth in terms of sales numbers. Company is committed to the Make-in-India programme and the company will be introducing 100% localised high-speed electric scooters soon.

Half Yearly Financial Results

The company has recorded the highest ever revenue at Rs. 45.05 crore in Half Year FY’22 vs Rs.10.42 crore in Half Year FY’21 with more than 7000 nos. units of electric scooters and motorcycles sold in Half Year FY’22 vs 1677 units in Half Year FY’21. In comparison to annual figures of FY21, Wardwizard has already achieved the previous year’s figures in half year of FY22. The company has the projections of selling around 20K-25K units in this current financial year.

About WardWizard Innovations & Mobility Limited

WardWizard Innovations & Mobility Ltd is a leading auto manufacturing company in the Electric Vehicle (EV) segment under the brand name Joy E-Bike. Being the first listed entity on BSE in Electric Vehicle manufacturing, it is mainly focused on the growth potential in the Indian EV segment to provide clean and greener alternatives to the existing usage of mobility, aligned with its philosophy of driving a positive change. Through Joy E-Bikes, the Company has been providing a greener alternative to traditional fuel-driven bikes. Conversely, It has footprints in more than 25 major cities across India and aspires to boost this number throughout the country.

BMW Group At COP 26 UN Climate Summit In Glasgow: “No More Waiting. No More Clever Tactics. It’s Time To Act Now!

It is a commitment born of tradition and responsibility: The BMW Group has attended every UN climate summit since 2008. At this year's COP 26 in Glasgow, the company once again sees itself as a provider of innovative mobility solutions in the fight against climate change. The BMW Group brought along the BMW i Vision Circular, produced from 100% secondary materials, as a clear statement of its ambitions. The company is also actively engaging in dialogue with stakeholders and partners in Glasgow, discussing both unresolved issues and a range of possible solutions.

BMW Group as a partner of the Sustainable Innovation Forum

The BMW Group has been a partner of the Sustainable Innovation Forum (SIF) since the UN Climate Change Conference in Paris in 2015. The SIF is one of the most important economic forums within the COP framework, bringing together representatives from the political sector, cities, NGOs, the financial world and industry. For the first time, Chairman of the Board of Management of BMW AG Oliver Zipse will give the keynote speech for the three-day event in Glasgow this year, setting clear priorities: “The key to sustainability lies in innovation: in innovative technologies, but also in innovative thinking that accepts no boundaries. Most importantly, together we must choose and follow a binding path with clear goals. Always according to the motto: No more waiting. No more clever tactics. It’s time to act. Now.”

BMW Group commits to goal of total climate neutrality by 2050

Every gram of CO2 counts – no matter where it is emitted. All available technologies for reduction must be utilised. The BMW Group has set itself a firm and verifiable interim goal for 2030 throughout its entire value chain: to reduce CO2 emissions from its vehicles by at least 40% – starting with the raw material, through the supply chain, production and the use phase, all the way to recycling. Public verifiability of this reduction takes place through the Integrated BMW Group Report, which documents sustainable development indicators with equal weighting as key business figures. The BMW Group is also a member of the Science-Based Targets Initiative (SBTI) and signed the “Business Ambition for 1.5°C” pledge ahead of COP 26. This is an important step, in line with the most ambitious objective of the Paris Climate Agreement and commits the company to the goal of total climate neutrality by 2050.

By 2030, over 50% of sales fully electric – MINI and Rolls-Royce all-electric in ten years

The BMW Group released the first electric car produced in Germany on a large scale, the BMW i3, back in 2013. By 2030, more than 50% of its annual vehicle sales will be fully electric. Furthermore, its two British brands, Rolls-Royce and MINI, will be exclusively all-electric from the early 2030s onwards. In this connection, Oliver Zipse underlined the importance of building infrastructure at the same time: “Ramping up electromobility is the single most important factor on the road to climate-neutral mobility. But even in industrialised countries, there is still one major obstacle: the lack of infrastructure.”

Circular economy: The purest form of Sheer Driving Pleasure

Another focal point for the BMW Group is the circular economy: Humans consume more than 100 billion tonnes of raw materials every year – and that number is rising. In addition, processing of many primary raw materials is extremely energy-intensive and therefore also carbon-intensive. That is why the BMW Group is pursuing the vision of a circular economy, with the aim of keeping raw materials in the cycle for as long as possible. The BMW i Vision Circular is in Glasgow as both an exhibit and to spark debate. It demonstrates in very tangible form, how a vehicle can be produced using 100% secondary materials – and where the challenges lie.

BMW Group Dialogue 2021 – realising change together with partners

The BMW Group already held a stakeholder dialogue on the subject of the circular economy in Glasgow on 7 November. BMW Group vehicles currently average around 30% secondary materials. Going forward, the company aims to increase this amount to 50%. The BMW Group discussed how this can be achieved and what hurdles need to be overcome with around 25 high-level international stakeholders at its dialogue event. Alongside the BMW Group’s Vice President Sustainability and Mobility, Dr Thomas Becker, renowned Cradle-to-Cradle pioneer Prof. Michael Braungart also served as a catalyst for discussion. 

New Holland Agriculture Honoured With Three Awards At The Farm Power Awards 2021

* New Holland awarded with ‘Tractor of the Year > 50 HP Award 2021’ for the New Holland 5620 TX, ‘Most Wanted Implement of the Year Award 2021’ for the New Holland Square Baler BC5060, and ‘Best Harvesting Solution of the Year Award 2021’ for the Forage Cruiser FR500

New Holland Agriculture, a business unit of CNH Industrial (CNHI) have been conferred with Tractor of the Year > 50 HP Award 2021’ for the New Holland 5620 TX at the third edition of the Farm Power Awards. They also bagged awards in the ‘Most Wanted Implement of the Year’ and ‘Best Harvesting Solution of the Year’ categories for the New Holland Square Baler BC5060 and the Forage Cruiser FR500 respectively.

Graced by the Director General, Indian Council of Agricultural Research, Dr Trilochan Mohapatra, the prestigious Farm Power Awards are annually presented to recognise efforts of businesses, which have made significant contributions to the sector and impacted lives of millions of farmers.

Delighted by the recognition, Mr. Kumar Bimal, Sales Director-India & SAARC, New Holland Agriculture said, “We, at New Holland Agriculture, are driven by our commitment to farmers. We have always dedicated our resources and technological investments to advance agricultural functionality for improving the farmers’ productivity in a sustainable manner. We are honoured that our efforts have been recognised and will continue to advocate higher efficiency and innovation in agricultural mechanization through our state-of-art equipment.”

New Holland 5620 TX is the best suitable product in above 50 hp segment with its advanced features like highest useful power and high torque. It is known as the India’s highest PTO power Tractor in its category. It also has the best-in-class features like 12+3 UG gear box, Reverse PTO, Independent PTO clutch, 2000kg lifting capacity, ROPS canopy, and high ground clearance among others.

New Holland Square Baler BC 5060 offers the best performance, in terms of productivity per hour basis, in the Indian market as well as globally. It has also played a major role in sustainable management of crop residue across India especially in the northern region, by enabling the use the crop residue (paddy straw, wheat straw, cane trash & other crop residue) for the generation of electricity/power, solidified fuel as pellets, briquettes, liquid fuel as Ethanol, gaseous fuel as CBG, fodder for cattle’s in dairy farms/Gaushalas, paper industry as raw material pulp, packaging industry, mushroom farming, & mulching material in orchards.

Forage Cruiser FR500 is a self-propelled harvester, with best-in-class automated features, that analyzes and responds to adverse conditions promptly. As a result, high productivity with low service and maintenance costs is achieved. The machine is directly connected to the New Holland PLM system (GPS-Satellite), allowing it to record vital field parameters such as area mapping, yield mapping, crop moisture, and vital fodder harvester crop parameters online, allowing farmers to feed optimum nutrients while lowering feeding costs.

New Holland Agriculture's reputation is built on the success of our customers, cash crop producers, livestock farmers, contractors, vineyards, or groundscare professionals. They can count on the widest offering of innovative products and services: a full line of equipment, from tractors to harvesting, material handling equipment, complemented by tailored financial services from a specialist in agriculture.  A highly professional global dealer network and New Holland’s commitment to excellence guarantees the ultimate customer experience for every customer. For more information on New Holland visit www.newholland.com

New Holland Agriculture is a brand of CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. More information about CNH Industrial can be found online at www.cnhindustrial.com

Kamal Haasan Becomes First Indian Actor To Enter A Metaverse, To Be Launched By Fantico

* Kamal announces a new, virtual avatar on his birthday, a virtual avatar in the Metaverse˜

Kamal Haasan, through Lotus Media Entertainment has partnered with Fantico, India’s premium licensed digital collectibles platform, to exclusively launch his digital avatars, NFTs and will also debut in the Metaverse. Fantico will be launching a game based Metaverse wherein the prominent actor will have his own world. The NFTs are slated to be launched on https://kamal.fantico.io/

This will give an opportunity for all his fans globally to interact with him by exploring his world, interacting with his digital avatars, buying memorabilia and souvenirs - both physical and digital, meet and greet sessions and many other ways.

While the details of the Metaverse and his virtual world have been kept under wraps for now, the platform revealed that they will first launch a list of NFTs which will bring his fans closer to the icon. Kamal Haasan has always experimented with various genres of films, with his look in those films and the use of technology. It is only natural that he makes his presence felt in the virtual world which is expected to be the future of entertainment.

Shri Kamal Haasan said, “I am excited to explore the emerging intersection of digital and physical world which is now becoming popularly known as metaverse.. my life’s journey of over six decades have blurred the distinction between my personal and professional life will be my offering for this metaverse.”

Abhayanand Singh, Founder, Fantico, mentioned “We are very excited to announce that we will be launching a game-based Metaverse which will be first of its kind in India. To have a legend such as Kamal Haasan on our platform will only set the trend for more creators to adapt to the future of fan engagement.”