Tata Motors Registered Total Sales Of 77,521 Units In April 2024

Total CV Sales of 29,538 units, 31% YoY

Total PV Sales of 47,983 units, 2% YoY

Tata Motors Limited sales in the domestic & international market for April 2024 stood at 77,521 vehicles, compared to 69,599 units during April 2023.

Domestic Sales Performance:

Domestic sale of MH&ICV in April 2024, including trucks and buses, stood at 12,722 units, compared to 8,985 units in April 2023.

Total sales for MH&ICV Domestic & International Business in April 2024, including trucks and buses, stood at 13,218 units compared to 9,515 units in April 2023.

Passenger Vehicles:

Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.

Honda Cars India Announces “Honda Summer Bonanza” With Exclusive Benefits On All Honda Cars

Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India announced “Honda Summer Bonanza” - a month-long promotional campaign offering attractive benefits and assured gifts on purchase of its premium range of cars including Honda Elevate, Honda City, City e:HEV and Honda Amaze . This special campaign is valid till June 30, 2024, at all Honda dealerships nationwide*.

The “Honda Summer Bonanza” provides a unique opportunity for customers to win an exclusive couples’ trip to Paris or assured gifts worth up to Rs 75,000. Additionally, there are Surprise gift on all test drives as part of the campaign. All these bonanza offers will be in addition to the ongoing monthly offers available on the product range.

Commenting on the special Honda Summer Bonanza, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “This summer, Honda Cars India is thrilled to bring the 'Honda Summer Bonanza’ offering exclusive benefits on the purchase of Honda cars. Through this campaign, we want our customers to drive home their favourite Honda vehicle, providing not only exceptional value but also the added benefit of these exciting offers. We encourage all our customers to take advantage of these attractive benefits and visit a dealership near them.”

The “Honda Summer Bonanza” extends to the entire premium range of Honda cars in India, ensuring customers across the nation have access to these exceptional offers along with ongoing monthly offers on each model.

Honda Cars India Registers Total Sales Of 11,343 Units In May 2024

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered total sales of 11,343 units in May’24 as compared to 5,247 units in May’23. Domestic sales of the company stood at 4,822 units and 6521 units of exports in the month of May’24.

Sharing thoughts on May’24 sales performance, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “The market conditions were challenging during May’24 as industry experienced weaker showroom traffic amidst ongoing heat wave conditions in most parts of the country. We aligned our sales plan during the month, focusing on retail and creating comfortable buying experience for our customers. While we expect conditions to get more conducive with onset of monsoons in June, we have rolled out attractive Honda Summer Bonanza campaign this month to make the car purchase more rewarding. On the export front, we continued our strong run led by Elevate volumes, and have emerged as a significant contributor to the ‘Make in India’ movement in the industry.”

The company had registered 4,660 units in domestic sales and exported 587 units in May’ 23.

Toyota Kirloskar Motor Sells 25,273 Wnits In May 2024, Records 24% Growth

Underpinning its robust and steady performance, TKM reported monthly growth by registering sales of 25,273 units in the month of May’2024. This represents a Year-on-Year growth of 24% compared to May 2023, when the company sold 20,410 units. In the month of May, domestic sales reached 23,959 units, complemented by an additional 1,314 units exported. The company also posted a growth of 23% over the month of April’ 2024, which saw sales of 20,494 units. 

Furthermore, this achievement also marks a notable 48% surge in the first five months of CY 2024, with total sales reaching 1,22,776 units, up from 82,763 units in the same period during the previous year.

Commenting on the strong performance, Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “We continue to post double digit growth in the month of May’ 2024 by reporting 24% growth as compared to the previous year. Our unrelenting customer-centric approach has inspired us to stay ahead of the curve by understanding the diverse needs of our customers and offering a diverse array of products and services. We will continue to energize our customer-centricity by enhancing touchpoints and curating innovative value-added services aimed at creating delightful ownership experiences.

The newest addition to our robust SUV lineup, the All-New Urban Cruiser Taisor, reaffirms TKM’s commitment to meeting the dynamic demands of the market. We are extremely thrilled to announce that the wholesales and deliveries for the Taisor have commenced. The feedback from the customer have been overwhelming with demand coming from all parts of the country. Intended to uphold the rich Toyota SUV legacy, the All-New Urban Cruiser Taisor embodies a fusion of style, high performance, fuel economy, and a striking exterior design. It is available in three engine options 1.0L Turbo, 1.2L Petrol and E-CNG options. Additionally, the Taisor is backed by renowned Toyota’s value-added services, specially designed with Indian customers in mind. I take this opportunity to invite our valued customers to visit our showroom and experience the All-New Urban Cruiser Taisor.

Furthermore, the sustained enthusiasm shown by customers towards all our products and services underscores the success of our product strategy and our deep market connection. Our diversified portfolio consisting of multi pathway powertrains and designed to deliver enhanced value is at the forefront of our growth. Leading this charge are models such as the Innova Crysta, Innova Hycross, Fortuner, Legender, Urban Cruiser Hyryder, Hilux, and LC300. Additionally, the strong sales of the Camry Hybrid, Glanza, Vellfire, and Rumion have significantly contributed to our upward trajectory.”

Yamaha India Opens New ‘Blue Square’ Outlet In Bangalore

India Yamaha Motor (IYM) Pvt. Ltd. today announced the opening of a new state-of-the-art “Blue Square” outlet in Bangalore. This new outlet is launched under the banner of ‘Moto World’ with 7,100sqft. space at Ambalipura, Varthur Hobli in Bangalore. Yamaha Blue Square showrooms are designed to deliver a superior experience to customers across end-to-end sales, service, and support through a highly personalised approach.

The exclusive Blue Square outlet embody the brand’s true spirit and have been meticulously designed to provide customers with an exceptional end-to-end experience. They exemplify a personalized approach, ensuring every customer feels valued and satisfied. By leveraging these exclusive outlets, the brand aims to offer customers a gateway into the world of Yamaha Racing.

Each section of these premium outlets has been thoughtfully crafted to instil a sense of pride in being associated with a global brand deeply rooted in international motorsports. Guided by this philosophy, Yamaha has formed an instant connection with customers through the combination of "Blue," representing the brand's proud racing legacy, and "Square," symbolising a curated platform for customers to connect with Yamaha's exhilarating, sporty, and stylish range of two-wheelers.

Alongside providing an industry-leading experience, these outlets also serve as a platform for the Blue Streaks riders - Yamaha’s exclusive biker community, allowing riders to engage and interact with other riders. Including the new outlet, Yamaha will now have 23 exclusive Blue Square Showrooms in the Karnataka market.

While Yamaha’s Supersport R3 (321cc), torque-rich MT-03 (321cc) and maxi-sports Aerox (155cc) and Aerox Version S (155cc) are exclusively sold through Blue Square showrooms, these premium outlets also showcase the updated line-up of premium two-wheelers including YZF-R15M (155cc), YZF-R15 V4 (155cc), YZF-R15S V3 (155cc),  MT-15 V2 (155cc); Blue-Core Technology-enabled models such as FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), and scooters like Fascino 125 Fi Hybrid (125cc), Ray ZR 125 Fi Hybrid (125cc), Ray ZR Street Rally 125 Fi Hybrid (125cc). Delivering on the promise of providing a more comprehensive experience, these premium Blue Square outlets also have the latest Yamaha genuine accessories, official apparel, and Yamaha genuine spare parts on the display and sales for customers.

MAGGI inspires Change With First-Of-Its-Kind Edible Fork In India

~ Adds another milestone to ‘MAGGI Desh ke liye 2 minute’ initiative ~

MAGGI's 'Desh ke liye 2 minute' initiative, launched in 2020, aims to create a significant impact through small actions. One of its goals is to offer sustainable alternatives to single-use plastic. In line with this objective, MAGGI has introduced an edible fork in partnership with Nestlé R&D India (a subsidiary of Nestlé S.A and a part of Nestlé’s global R&D network) and an Indian start-up Trishula. Made from wheat flour, this innovative fork enhances the delightful experience of savoring MAGGI Cuppa Noodles, adding to its soupy, slurpy, and masaledar charm.

Earlier in 2023, MAGGI also launched foldable, compostable forks in India which was jointly developed in collaboration with Nestlé’s Institute of Packaging Sciences in Lausanne, Switzerland, Kaneka India Pvt. Ltd., and Nestlé India R&D. The introduction of the foldable, compostable forks could result in annualised plastic reduction of approximately 35 MT.

Commenting on the test launch of the edible forks, Mr. Rajat Jain, Director, Foods, Nestlé India, said “At Nestlé, it is our continuous endeavor to discover ways to build a better future for our consumers and the planet. The launch of edible fork in Cuppa noodles marks a significant milestone in our commitment towards environmental responsibility while pioneering consumer-centric initiatives. This innovation is a testament of our global R&D capabilities showcased in the use of cutting edge-technology to develop first-of-its-kind two-piece fork design. We are confident that this launch will also set a strong precedent for greater greener solutions.”

Mr. Jagdeep Marahar, Head of Nestlé R&D Centre India Private Limited (a wholly owned subsidiary of Société des Produits, Nestlé SA), said “Our global packaging expertise, combined with the insights of our local packaging experts allows us to discover and test innovative ways to reduce plastics. Our teams are constantly exploring novel packaging materials and cutting-edge technologies to optimize use of plastics across the value chain and create sustainable alternatives that are accepted by local consumers.”  

The launch of the edible forks is currently planned as a limited period offering. MAGGI Masala Cuppa noodles with Edible Fork is available in major metro cities starting May’24, priced at INR 50 for a 79.5 g pack.

ServiceNow Ecosystem Ventures Make Strategic Growth Investment In inMorphis, A Leading ServiceNow Pure-Play Partner In India

* The strategic investment aligns with ServiceNow’s corporate priority on emerging growth markets and it’s RiseUp global initiative to skill one million people on ServiceNow.

ServiceNow (NYSE: NOW), the AI platform for business transformation, announced a strategic investment in inMorphis, a global IT Company and leading pure-play ServiceNow partner. The ServiceNow Ecosystem Ventures Program investment will accelerate the expansion of inMorphis’ go-to-market capabilities with a deep focus on India and ASEAN markets and enhance its proficiency in generative AI-enabled technologies. It will also develop job-ready technology talent as part of ServiceNow’s global Rise Up initiative. ServiceNow Ecosystem Ventures is investing in inMorphis alongside Capital Square Partners (CSP), the lead investor.  

India's journey into the Techade is at a new inflection point, as the second fastest digitizing economy in the world.  Digital ecosystems spanning sectors such as financial services, logistics, job markets, and e-governance could account for up to half of the projected growth. While companies embrace digital transformation to improve efficiency, gain competitive edge, and boost new revenue streams, they face significant hurdles, including infrastructure gaps, challenges in integrating legacy systems, and a shortage of necessary skilled talent.

The investment, along with ServiceNow’s platform capabilities and expertise, will empower inMorphis to drive hyper growth in target markets such as India and ASEAN through inorganic initiatives, strategic tuck-ins, to expand capabilities and footprint in select industries and markets.

Marion Ryan ServiceNow VP Global Partnerships and Channels APAC, said, “As a pure-play ServiceNow partner in India, inMorphis has demonstrated exceptional ability in leveraging our platform capabilities to drive significant digital transformation for enterprises. This investment underscores our commitment to fostering innovation, deepening Gen AI-led offerings, and accelerating time to value for enterprises. As part of our global RiseUp campaign, we look forward to creating a cutting-edge and agile workforce with inMorphis to address the tech skills development opportunity in the industry”.

Himanshu Singhal, Chief Executive Officer and Founder at inMorphis said, “We have had a long-standing relationship and mutually beneficial partnership with ServiceNow over the last seven years. As a pure-play partner, we have been at the forefront of advancing the adoption of ServiceNow and have successfully implemented industry defining solutions in several sectors. ServiceNow’s platform and expertise will accelerate our growth journey and help us expand our delivery and sales footprint throughout India and beyond, organically and inorganically.”

In support of RiseUp with ServiceNow, a global skilling initiative aimed at digitally upskilling one million people, inMorphis will equip and deploy more than 2500 professionals with in-demand skills on the NOW platform. This expansion will enable inMorphis to effectively address urgent customer needs and drive success at scale. The future-ready workforce, composed of domain experts and university graduates, will not only be well-versed in ServiceNow workflows but also empowered to lead significant digital transformation projects.

Founded in 2015, inMorphis maintains a steadfast focus on innovation, having developed a suite of unique proprietary products and accelerators to complement and extend ServiceNow platform capabilities and supporting enterprise customers in their digital transformation journeys. inMorphis has a highly skilled team of 350+ niche experts with over 1,300 ServiceNow credentials. Its global delivery network caters to enterprise clients across multiple verticals, including financial services, technology, aviation, and telecom.

ServiceNow Ecosystem Ventures program, launched in May 2023 to fuel partner growth in key emerging global markets. ServiceNow’s support allows partners to extend their go?to?market capabilities and deepen their experience with ServiceNow’s technology and solutions to deliver value more quickly.  The investment builds on ServiceNow’s commitment to invest in India and ASEAN market. In October 2023, ServiceNow joined Accel as a co-investor in ANSR (an Accel portfolio company) to accelerate growth in key global markets and increase talent capacity for ANSR clients by establishing ServiceNow Centers of Excellence in more than 60 GCCs across India. Recently, ServiceNow Ecosystem Ventures has invested in global companies including  Blueship Co.,Ltd and Japan System Co., Ltd., Plat4mation and AoraNow.

Avendus Capital acted as the exclusive financial advisor to inMorphis for this transaction.

About ServiceNow 

ServiceNow (NYSE: NOW) is putting AI to work for people.  We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com. 

About inMorphis 

Founded in 2015, inMorphis is a pure play ServiceNow partner based out of India that caters to enterprise clients globally focusing on financial services and telecommunication segments. Its global delivery network of 400+ employees is spread across 7 locations. Provides enterprise service management on the NOW platform. inMorphis has been recognized as the ServiceNow APJ Partner of the Year winner for 2022 and 2023. www.inmorphis.com