Commercial Vehicles in India: News & Updates


Akash1886

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Tata Motors launches the Signa 3118.T, India’s first 3-axle 6x2 truck with 31-tonne gross vehicle weight

Engineered to be the game-changer in the Indian trucking industry, offering the highest profit potential to its owners
Tata Signa 3118.T.jpg

Key highlights:

· ~45%* increased net operating profit over 28-tonne truck

· Powered by Cummins BS6 engine, mated to the G950 6-speed transmission

· 12.5-tonne double tyre lift axle

· Available in Signa and Cowl versions, across deck length options

Mumbai, 3rd March 2021:
Tata Motors, India’s largest commercial vehicle manufacturer, today, launched its latest offering in M&HCV segment – the Tata Signa 3118.T – India’s first 3-axle 6x2 (10 wheeler) rigid truck with 31 tonnes Gross Vehicle Weight (GVW). Tata Motors has always been at the forefront of introducing customer-centricity innovative product solutions for its customers, through its engineering capabilities and technological supremacy.

The Tata Signa 3118.T offers a unique blend of value proposition in terms of both, revenue and operating cost, for its customers. With a 3,500kg* higher certified payload than the corresponding 28-tonne GVW rigid truck and equivalent cost of operations with similar fuel, tyre and maintenance cost as a 28-tonne truck, this product is conceived to significantly enhance the net operating profit for its customers by ~45%* over a 28-tonne truck. The incremental investment on the Signa 3118.T, over the corresponding 28-tonne truck, can be recovered in less than one year of operations and followed by years of incremental earnings.

Commenting on the launch of the new model, Mr. Rajesh Kaul, Vice President, Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors said, “The Signa 3118.T is a landmark in Tata Motors’ journey towards customer excellence. The model is evidence of unmatched customer-focused engineering and unique value positioning by Tata Motors. Value features like fuel economy switch, gear shift advisor, ICGT brakes, Fleet Edge telematics system with inbuilt anti-fuel theft, reverse parking assistance perfectly complement the pioneering vehicle design exceeding the expectations of the new-age customer. The Lx version also comes with air conditioning and unitised wheel bearings. This model expands the array of choice for customers seeking to enhance their profitability through revenue growth model”.

The Tata Signa 3118.T, with its 12.5-tonne dual tyre lift axle configuration, marks the value discovery of white space in M&HCV segment. It can operate at 31-tonne GVW with the lift axle down and at 18.5-tonne GVW with the lift axle up, offering a large band of operating payload for various application needs. Operating with lift axle up is categorically beneficial for the tanker customers yielding higher fuel economy in empty returns. It is ideally suitable for all types of tanker applications – petroleum, oil and lubricants (POL), chemicals, bitumen, edible oil, milk and water, as well industrial good such as packed LPG cylinders, lubricants, agricultural products etc. The Signa 3118.T is certified by Petroleum & Explosives Safety Organization (PESO) for 25KL POL tanker, which is 2KL higher than the highest allowed capacity on a 10-wheeler, 28-tonne GVW truck.

Product variants and features:

The Tata 3118.T comes in 24-feet and 32-feet load spans in Signa avatar with Lx, Cx versions, and a cowl variant. Powered by the Cummins BS6 engine, developing 186hp of power and 850Nm of torque, the Tata Signa 3118.T is mated to the G950 6 speed transmission and heavy-duty axles. It is an outcome of Tata Motors’ Product Attribute Leadership strategy, under the ‘Power of 6 Value’ philosophy.

Assured with a bouquet of Value Added Services and service promises under the Sampoorna Seva 2.0 and standard driveline warranty of 6 Years/6-lakh kilometres, the Tata Signa 3118.T will be launched in phases across states and markets. Tata Motors, in its continuous pursuit of launching breakthrough products for Indian road transport with customer-centricity at its core, has once again shown the commercial vehicle fraternity what it takes to be an industry leader in the true sense.

*depending on type of body. ^depending on specific application and operations

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 110 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 134 subsidiaries, associate companies and joint ventures, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, 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. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fuelled by state of the art design and R&D centres located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
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Akash1886

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Tata Motors unveils the Ultra Sleek T-Series range of new-generation, smart trucks
Available in three models – Ultra T.6, T.7 and T.9 for versatile urban applications
Key highlights:
  • Comes with the new Ultra Sleek 1900mm-wide cabin for easy manoeuvrability and lower turnaround time
  • Crash-tested cabins, built using state-of-the-art technology for high reliability and durability
  • Built on a modular platform, with various deck lengths and 4/6-tyre combinations catering to a wide range of applications
  • Offers industry-best payload capacity and provides the best-in-segment operating economics and fuel efficiency, with low maintenance cost
Image 1.JPG

(L-R): Mr. V Seethapathi, Vice President, Product Line Head, I&LCV, Tata Motors; Mr. Girish Wagh, President, CVBU, Tata Motors and Mr. Aniruddha Kulkarni, Vice President, CVBU, Engineering, Tata Motors at the launch of Ultra Sleek T Series trucks


Image 2.JPG

Mr. Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors with the Commercial Vehicle Business Unit leadership team at the launch of the Tata Ultra Sleek T.Series range

Mumbai, March 11, 2021:
Tata Motors, India’s largest commercial vehicle manufacturer, has unveiled its newest range of intermediate and light commercial trucks (I&LCV), the Ultra Sleek T-Series, designed and engineered to suit contemporary demands of urban transportation. Available in three models – T.6, T.7 and T.9, the all-new Ultra Sleek range is available in varied deck lengths from 10 to 20 feet to adapt to all the required applications. A sleek 1900mm-wide cabin provides superior driver comfort yet swift movement in confined city spaces, and smart features provide for easy manoeuvrability. This new-generation range of future-ready vehicles further endorses Tata Motors well acknowledged ‘Power of 6’ philosophy, of superior vehicle performance, driving comfort, convenience and connectivity, along with safety – all with lower total cost of ownership (TCO).

Launching the Ultra Sleek T-Series range, Mr. Girish Wagh, President, Commercial Vehicle Business Unit, Tata Motors said, “Being the leader in the commercial vehicles domain, Tata Motors has consistently set new benchmarks by introducing smarter, future-ready products and solutions across its various segments. The launch of the Ultra Sleek T-Series range marks a new landmark in urban freight transportation. These trucks are sleeker and smarter enabling faster movement and hence higher utilisation and revenue with more trips. Built on the internationally recognised Ultra platform, the trucks are engineered to cater to a diverse set of applications.”

The Ultra Sleek T-Series range combines futuristic styling with comfort, provides significantly lower Noise, Vibration and Harshness (NVH) levels, ease of movement on congested and narrow roads and a fatigue-free driving experience. The walk-through cabin is rigorously crash-tested for superior safety and comes equipped with adjustable seat height, tilt-and-telescopic power steering, and a dashboard-mounted gear lever. The addition of an in-built music system, USB fast charging port and liberal storage space offers enhanced comfort, while air brakes and parabolic leaf suspension provide better safety and control with clear-lens headlamps and LED tail-lamps improving night visibility.

Affirming its versatility, Ultra Sleek T-Series has variants available in 4-tyre and 6-tyre combinations and varied deck lengths, the range is curated to suit diverse transportation needs. It is equipped to cater to a wide variety of applications, such as transportation of e-commerce products, FMCG, industrial goods, LPG cylinders, and refrigerated containers for transportation of Covid-19 vaccine, pharmaceuticals as well as food items such as eggs, milk and fresh farm produce.

Powered by the future-ready BS6 4SPCR engine, with a 100hp power and a torque rating of 300Nm, the range provides optimum power and best-in-class fuel efficiency. The range is fortified with a strong modular chassis designed for better durability, and radial tyres with low-rolling resistance to further boost the fuel economy.

With Fleet Edge, a next-generation connected vehicle solution, Tata Motors offers telematics to optimise fleet management, with informed decision making. This solution gives fleet owners the vital insights on vehicle diagnostics and driver behaviour, which help in better fleet utilisation. The Fleet Edge solution is relevant and beneficial across varied fleet sizes.

It also comes with an offering of a comprehensive set of fully-built solutions, with multiple advantages like better financing terms, nationwide service warranty, and higher resale value, thus making a much better value proposition, through the life cycle, for its customers.

Adding to these lucrative offerings, the Tata Motors I&LCV range comes with an unmatched warranty of 3 years/3 lakh kilometres. Tata Motors also offers Sampoorna Seva 2.0 and Tata Samarth – the company’s commitment to commercial vehicle driver welfare, uptime guarantee, on-site service and customised annual maintenance and fleet management solutions with each I&LCV Truck.

About Tata Motors
Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, 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. 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. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
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Akash
 

Akash1886

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Tata Motors and State Bank of India join forces to offer innovative financial solutions to commercial vehicle customers

.2021.jpeg

From Left - Mr. Rajesh Kaul, Vice President – Sales & Marketing, Commercial Vehicles Business Unit, Tata Motors and Mr. Subhash Chand Joinwal, Chief General Manager (SME & SCF), SBI Bank during the MOU sig

Key highlights:

· Tata Motors will leverage SBI’s rural reach through this 3-year Memorandum of Understanding (MoU)

· SBI’s Contactless Lending Platform technology to be deployed to ensure uniformity, transparency and a reduced Turn Around Time (TAT) in the loan approval process

· Applicable across Tata Motors’ small and light commercial vehicles

Mumbai, 26 March, 2021:
Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles. In addition to inducing employment, this collaboration will also stir demand for Tata Motors’ BS6 range of vehicles. Through this partnership, the two business entities will exercise SBI’s Contactless Lending Platform technology to ensure uniformity, transparency and a reduced turnaround time in the loan approval process.

On the occasion, Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors said, “Extending our earnest commitment to bring profitable value propositions to our customers, we are delighted to join hands with the largest bank in the country, the State Bank of India. With a pan-India reach and more than 22,000 branches, SBI has an extensive network across the country, and through this partnership we hope to strengthen our reach, especially in rural areas, aiding employment as well as providing unique and innovative financial assistance to our customers. We remain confident that through our collaboration, we will leverage our common strengths, and continue to serve our customers with dedication and zeal.”

Commenting on this partnership, Mr. C. S. Setty, Managing Director, Retail and Digital Banking, State Bank of India said, “We look forward to leveraging this mutually benefitting collaboration and offer some unique financial services to CV customers and dealers across India. Through our innovative Contactless Lending Platform technology, we hope to further amplify the banking experience of customers and strive to extend a 360-degree benefit to retailers.”

Tata Motors’ diverse small and light commercial vehicle portfolio has been extremely successful in the overall CV ecosystem. This collaboration with SBI will allow Tata Motors’ CV customers to avail loans in a hassle-free manner as well as access SBI’s unique technology-laden offerings. This partnership will introduce easy loan structured schemes which will help mitigate the cost difference between the BS4 and the BS6 vehicles for both, down payment as well as the EMI of the vehicle.

The BS6 range of Tata Motors CVs are engineered on the ‘Power of 6’ philosophy, which offers the best in terms of comfort and convenience, profitability, performance, safety and security and offers a great value to the customers. The robust and reliable vehicles are supported by value-added services like the Sampoorna Seva 2.0, Tata Samarth – Tata Motors’ commitment to commercial vehicle driver welfare, uptime guarantee, customised annual maintenance and fleet management solutions.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.


With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, 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. 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. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
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Akash
 

Akash1886

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Sonalika Records Highest Domestic Growth in Industry at 41.6%; Surpasses Industry Growth (est. 26.7%) in FY'21​

New Delhi, Delhi, India
After consistently achieving records of excellence month after month in FY’21, Sonalika Tractors has added yet another feather of superlative achievement to the hat of its glorious journey. Sonalika has recorded its highest ever annual sales of 1,39,526 tractors in FY’21 and among the leading market share gainers in the industry. The company has registered a phenomenal domestic growth rate of 41.6% over FY’20 volumes, which is highest in industry and beaten industry growth (est.26.7%) by a significant margin. Alongside, Sonalika has recorded its highest ever annual rotavator sales of 50,000 units in FY’21, recording double the volumes registered in FY’20. Overall, Sonalika Tractors has sold 13,093 tractors in March’21, registering a whopping 135% growth over March’20.

16162_Dr.%20Deepak%20Mittal.jpg
Dr. Deepak Mittal, Managing Director, Sonalika Group​

Commenting on the superior performance in export markets, Dr. Deepak Mittal, Managing Director, Sonalika Group, said, “I am very pleased to see the extraordinary outcome this year. Our strong foundation has served as a unique platform for the company to continue recording extraordinary results even in the most challenging year and we have become the first Indian tractor company to cross 22,000 tractors exports in a single year. This success is credited to the committed team along with our distributors, dealers, financiers and loyal customers who stayed connected and performed in the markets under the adverse conditions without much travel or physical connect. We are proud of our market leadership in 6 countries and close second in another 5."

16162_Tiger%20Electric.jpg

Tiger Electric with Mr. Raman Mittal, Executive Director, Sonalika Group

Upbeat about the company’s performance, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “Achieving a significant landmark of phenomenal domestic growth of 41.6% in FY’21, which is highest in industry and surpassing industry growth (est. 26.7%) by a significant margin amidst the most challenging year is a testimony that we have laid a strong foundation to remain closely knitted with our farmers and the society at large, which has only strengthened with time."

"Our plans were not deterred by the external unforeseen situations as we have always remained consistent with our approach to grow and serve our customers. Our innate ability to re-engineer our approach across all business functions powered us to come out as a clear winner month after month, throughout the year.

He added, “Our pace of transformation during the year has been faster than ever before across various verticals."

Manufacturing -
We were among the first one to start production within all the prescribed safety protocols and attained full capacity operations within 2 months.

Sales - We have widened our channel network at a pace faster than ever before (145+ new channel partners added), thereby strengthening our national presence.

R&D and Product Innovation - Introduced the highest number of products during the year (6 new models), including the much talked out Tiger Electric model, and our regional technology introductions Mahabali and Chhatrapati, while constantly upgrading products with latest technology features like 4 wheel drive technology, multi speed transmission and precision 5G hydraulics.

Customer Care - Rolled out the 3X2 service to reach consumers closer to their farms and extended warranty of all tractors during the COVID-19 period.

Marketing - Pivoted our farmer-centric marketing programs on digital as well as other media platforms with high responsiveness.

Finance - We re-strategized our financial discipline to control unnecessary cost escalations arising due to unforeseen situations.

HR - We ensured 100% wages to the labour and also rolled out employee welfare initiatives as a support to households whose families were impacted by the pandemic.

CSR - A host of new initiatives were rolled out viz. dedicated 2 isolation centers (Delhi and hoshiarpur), Corona mobile testing van, PPE kits, sanitisation drives across states, developed ventilator system and many more.

Every single parameter of our business functions worked cohesively towards setting up new benchmarks of performance. We remain committed to bring technologically advanced products for our farmers & lead them to farm prosperity. ”

About Sonalika Tractors
Sonalika Tractors, one of India’s leading tractor manufacturers and the No. 1 Exports brand from India, has established its robust presence in the domestic as well as in over 130 countries with 11 lakh+ customers. Sonalika manufactures the widest heavy duty tractor range in 20-120 HP and 70+ implements at its Hoshiarpur facility in Punjab that caters to the varied needs of customers across the globe. Being a farmer-centric brand, the Govt. of India has chosen Sonalika as the only tractor brand to contribute to the Niti-Aayog for its inspirational project of doubling the farmer’s income in the country.

No. 1 Heavy Duty Customised Crop Solutions
Sonalika tractor portfolio is customised as per the needs is equipped with efficient engines which give higher power output and remain affordable with low maintenance for better total cost of ownership and experience. Sonalika is the leading brand in more than 50 HP tractor segment and is strengthening its presence in more than 40HP segment to achieve the leadership position.

As the farm mechanisation expert, Sonalika Agro Solutions offers a wide range of implements to address various stages of crop cycle ranging from land preparation to post harvesting operations including residue management. Sonalika has also forayed into Custom Hiring Centres, a platform that offers small and marginal farmers an access to advanced agri machinery on rent, thereby aims to increase farm output in a cost effective way. The company has introduced ‘Agro Solutions’ app for easy access of requisite machinery to farmers, thereby promoting farm mechanization in the country.

No. 1 Exports Brand from India
Sonalika is the No. 1 Exports brand from India and is proudly associated with 1.25 lakh customers in markets outside India, a true sign of acceptability of an Indian company across 130 countries. Having a 100% presence across all European countries, our tractors are successfully operated by more than 20,000 satisfied customers in diversified European conditions. Sonalika has also set up a spare parts centre in Germany that caters to the regional requirements with an aim to provide better service and customer satisfaction.

About the World No. 1 plant
The Hoshiarpur plant of Sonalika is the World’s No. 1 vertically integrated tractor manufacturing plant that is designed to manufacture customised farm machinery as per the farmer’s crop-specific applications. The facility is fully equipped to manufacture almost every element in-house which goes in the making of a tractor and is powered by robotic as well as automation.
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2021 Maruti Suzuki Super Carry Launched With Reverse Parking System; Prices Start At ₹ 4.48 Lakh


Maruti Suzuki has launched its light commercial vehicle (LCV) Super Carry with Revers Parking Assist (RPAS) System. According to a regulatory filing on the Bombay Stock Exchange (BSE), the safety feature is now offered as a standard fitment across all variants of the Maruti Suzuki Super Carry mini truck. In its filing, Maruti Suzuki India has also reported an upward price revision of up to ₹ 18,000 for the Super Carry. The 2021 model with the reverse parking system is now priced between ₹ 4.48 lakh to ₹ 5.46 lakh (ex-showroom, Delhi). The new prices are effective from today, April 30, 2021, onwards.


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Akash1886

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Sonalika Records Highest Ever Q1 Overall Tractor Sales at 33,219 Units with 30.6 Percent Growth​

New Delhi, Delhi, India

The economic activities in India are steadily getting back to normal after the second COVID-19 wave in some states and it is indeed a healthy recovery sign for all. Living up to its commitment to stay connected with farmers even during the toughest times of the 2nd wave has once again proved its mettle as Sonalika Tractors has quashed all records to clock highest ever Q1 cumulative tractor sales at 33,219 units and registered 30.6% growth.

16950_Raman%20Mittal-Sonalika%20Group.jpg

Mr. Raman Mittal, Executive Director, Sonalika Group


Tractor industry led the India’s recovery from the front after the first ever lockdown in year 2020 and Sonalika Tractors posted a dominant performance throughout the year while outpacing the industry growth consistently. Carrying forward the momentum of FY’21 to launch maximum revolutionary products, Sonalika Tractors is fully geared up to launch maximum new tractors even in FY’22. Sonalika’s upcoming technologically advanced tractors will create new benchmarks in the industry as they will be equipped with extraordinary features to lead the agri evolution in India as well as abroad.

Speaking on the dominant performance, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “The utmost priority of Sonalika Tractors is to develop advanced technologies and farm mechanisation solutions that enable farmers to earn better livelihood. It is in Sonalika’s DNA to never shy away from its responsibilities and whenever the company has come across any complex situation, it has kept farmer’s needs at the forefront and innovated aggressively to overcome the challenges. I want to thank farmers for their unshakeable faith in our customised heavy duty tractor range. This faith has made us grow stronger and faster as we have registered highest ever Q1 cumulative tractor sales at 33,219 units with 30.6% growth even during the testing times of COVID-19. As international markets are also opening up, our exports have grown by 90% which is also a healthy sign of economic recovery across the world. We remain committed to launch revolutionary products in the industry to lead our farmers towards farm prosperity.”

He added, “The government has already extended MSP on Kharif crops by up to 5% and as per predictions of healthy monsoon, this year also we should see healthy demand for tractors, similar to last year. Our customised tractors will set high benchmarks while increasing farmer’s income significantly and steer us faster towards our vision to aid farm mechanization.”[/center]

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Akash
 

Akash1886

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ICRA- comments on Passenger and Commercial Vehicle Sales &Tractors

Mr. Ashish Modani, Vice President & Sector Head - Corporate Ratings, ICRA Limited
has shared his views on ‘Passenger and Commercial Vehicle Sales for June 2021’. His comments are enclosed herewith.

“Domestic PV wholesale volume witnessed sharp recovery MoM during June-2021, primarily due to pent-up demand as well as some impact of inventory stocking at dealerships, which was relatively at a lean level earlier. Certain specific models/variants are currently commanding a long waiting period, thereby providing some support and visibility to overall PV volume. CV dispatches also witnessed handsome MoM and YoY growth, albeit on a low base. Gradual opening up of lockdown restrictions and expected pickup in economic activity should support improvement in CV demand going forward.”

ICRA- Rohan Kanwar Gupta comments on Tractors

Mr. Rohan Kanwar Gupta, Vice President & Sector Head, Corporate Ratings, ICRA Limited has shared his views on ‘Tractors’. His comments are enclosed herewith.

“A sudden and severe onset of the second wave of the pandemic had impeded the growth momentum of the tractor industry over the past two months; in addition to state lockdowns impacting dealership operations across regions, rural sentiments were also impacted to an extent by the enhanced spread of infections into the hinterlands.

With lockdowns being relaxed across most regions in June however, the industry’s wholesale volumes reported a marked improvement on a sequential (~99%) and YoY basis (~18.5%). Healthy farm sentiments, aided by a) strong farm cash flows across regions b) stable crop prices supported by enhancement government focus on procurement c) healthy monsoon forecast d) government support programmes and e) adequate financing availability, have supported a quick revival in the industry’s fortunes, and are likely to help the industry record healthy domestic volumes in the current fiscal. The industry’s export volumes also continue to report a healthy trend, aided by improved demand across geographies catered, and would support the industry volumes.”
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Tata Motors launches the all-new Ace Gold Petrol CX at Rs. 3.99 lakh; making it India's most affordable 4-wheel commercial vehicle
The Ace Gold Petrol CX will aim to reinforce its position as the most preferred mini-truck for budding entrepreneurs

Key highlights:

  • Available in two variants: flat bed and half deck load body, priced at Rs. 3.99 lakh* and Rs. 4.10 lakh* respectively
  • Powered by powerful, reliable and efficient 694cc petrol engine
  • Available at the lowest EMI of Rs. 7,500^
Mumbai, 29 July 2021: Tata Motors, India’s largest commercial vehicle manufacturer, today launched an all-new variant of its most popular small commercial vehicle (SCV), the Ace Gold Petrol CX starting from Rs. 3.99 lakh*. Available in two variants, the flat bed variant is attractively priced at Rs. 3.99 lakh* while the half deck load body variant will cost Rs. 4.10 lakh*. Its new price point, coupled with easy financing options, make it a great option for first-time commercial vehicle users, in both rural and urban areas. For further ease of buying and increased accessibility, Tata Motors has partnered with the State Bank of India to make its customers avail of a never-before offer with lowest EMI of Rs. 7,500^ and up to 90% on-road finance.

The Tata Ace Gold Petrol CX Variant is the only four-wheel SCV powered by a 2-cylinder engine and a gross vehicle weight of more than 1.5 tonne in India, to be available below the Rs. 4 lakh price point. It is powered by the same fuel-efficient and reliable Ace Gold Petrol 694cc engine, mated to a four-speed transmission; the new variant is engineered for maximum profitability. Developed on the back of enhanced customer-focused strategies and introduction of path-breaking technologies and innovations by Tata Motors, the Ace Gold Petrol CX variant will prove to be a gamechanger in the SCV segment.

Speaking about the pioneering mini truck, Mr. Vinay Pathak, Vice President, Product Line – SCV & PU, Tata Motors, said, “The launch of the new Ace Gold Petrol CX marks another milestone in the spectacular journey of the ‘Chota Haathi’. The Tata Ace continues to be a strong, reliable and multipurpose vehicle having provided means of livelihood to over 23 lakh Indians to date. Resonating the Government’s Aatmanirbhar Bharat vision, Tata Motors aims to inspire an entrepreneurial mindset through the launch of this vehicle. Tata Motors has effortlessly remained astride the commercial vehicle market by continuously upgrading its product offerings keeping pace with constantly evolving transportation needs. The Tata Motors’ Ace platform has exponentially evolved over the last 16 years, focusing on bringing safer, smarter and valuable offerings to its customers in last-mile transportation. With our latest addition, we hope to stand behind the aspirations of the Indian entrepreneurs, making the Tata Motors Ace Gold Petrol CX the most affordable 4-wheel commercial vehicle in India.”

The new Tata Ace Gold Petrol CX promises to be at the forefront of last-mile delivery because of its versatility across applications, which include market logistics, distribution of fruits, vegetables, and Agri products, beverages & bottles, FMCG and FMCD goods, e-commerce, parcel & courier, furniture, packed LPG cylinders, dairy, pharma and food products, refrigerated transport, as well as waste management applications. The Tata Ace Gold Petrol CX is poised to ensure a sustainable and profitable last-mile distribution, in the Indian trucking space and generate millions of success stories for years to come.

Like all other Tata Motors commercial vehicles, the latest Ace Gold Petrol CX will be backed by the Sampoorna Seva 2.0 initiative, offering various vehicle care and service promise programs, annual maintenance packages and resale opportunities. It additionally comes with a promise of 24x7 roadside assistance – Tata Alert, a time-bound complaint resolution promise at workshops – Tata Zippy and a 15-day accident repair guarantee – Tata Kavach to ensure quick service turnaround time.
*Prices ex-showroom, Pune. ^with SBI 90% on road LTV scheme

About Tata Motors
Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, 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. 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. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
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Akash1886

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Tata Motors delivers 35 state-of-the-art electric buses to BEST, as a part of the larger order of 340 e-buses​
The environment-friendly e-buses are equipped with modern features and roomy interiors and can seat 35 passengers​

Key highlights:
  • The total order of 340 e-buses include 200 units of 9-metre 25-seater model and 140 units of 12-metre 35-seater model
  • Event flagged of by Hon’ble Chief Minister of Maharashtra, Mr. Uddhav Thackeray
  • Tata Motors has been at the forefront of technology innovation with green fuels, and leads the charge for electric mobility

Mumbai, 7th August, 2021: Tata Motors, India’s largest commercial vehicle manufacturer, today delivered 35 state-of-the-art Starbus electric buses, as a part of the larger order of 340 electric buses to Brihanmumbai Electric Supply and Transport (BEST). The 35-seater Tata Starbus electric AC buses were flagged off by the Hon’ble Chief Minister of Maharashtra, Mr. Uddhav Thackeray in the presence of dignitaries from the Maharashtra state government, BEST and Tata Motors, at an event at Mahim, Mumbai. The buses are procured by BEST under the government of India’s FAME II initiative, and the delivery is a part of the first ever Gross Cost Contract (GCC) by BEST. Tata Motors will be undertaking to build, deploy, maintain and operate the complete charging infrastructure along with the buses. The company will deliver the rest of the order in a phased manner, as per the schedule.

The 12-metre long, 35-seater Tata Starbus AC electric buses are equipped with advanced features for the comfort of the driver and the passengers like: ‘Lift Mechanism’ that extends an automated ramp for easy ingress and egress of specially abled passengers, along with ergonomic seats, roomy interiors, utility provisions like charging ports and wide entry and exit passages. The full-electric buses come with Intelligent Transport System (ITS), telematics system, regenerative braking system, amongst other features for efficient and smooth operations. The buses have been extensively tested and validated by Tata Motors across varied terrains and conditions and are engineered to deliver high standard of performance.

Speaking about the vehicle deliveries, Shri Lokesh Chandra, IAS, General Manager, BEST Undertaking, said, "We are delighted to take delivery of 35 Starbus AC electric buses from Tata Motors. BEST's vision of introducing more and more electric buses will go a long way reducing the tail-pipe emissions and will benefit millions of Mumbaikars. BEST stays committed to the Government's focus on electrification of the fleet."

Commenting on the occasion, Mr. Rohit Srivastava, Vice President, Product Line – Buses, Tata Motors said, “We are pleased to deliver the 12-metre Tata Starbus electric buses to BEST, as a part of the larger contract. Tata Motors has been at the forefront of technology innovation with green fuels and has been leading the electric mobility solutions in the country. The delivery of these buses will further fortify our partnership with BEST and help in environment-friendly mass mobility for the city of Mumbai. The unique ‘One Tata’ initiative will leverage the core proficiencies of various Tata Group companies to offer the best comfort, performance and low cost of operations. The buses are equipped with modern features that will enable ease of use and offer comfort and convenience with roomy interiors and ergonomic seats.”

Tata Motors, with its state-of-the-art research and development facilities, has been leading from the front with alternate fuel technology to provide environment-friendly transportation and mobility solutions to the country, including battery-electric, hybrid, CNG, LNG and hydrogen fuel cell technology. The company has received an order of 15 hydrogen fuel cell buses from IndianOil Corporation Ltd. Tata Motors’ vast experience in electric vehicles, provides critical data to further upgrade the electric vehicle portfolio. It has supplied 525 electric buses across several states, which have cumulatively clocked more than 15 million kilometres.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, 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. 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. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.
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Akash
 

Akash1886

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Governor of Chandigarh flags off the City’s First Ever Electric Bus by Ashok Leyland
Electric Buses ‘Made in India, for the World’ towards our greener future
11th August 2021 , Chandigarh:
Ashok Leyland, the flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, and Chandigarh City Bus Services Society CCBSS, today launched the first-ever Electric Bus service in the city. The flag-off was done by the Honorable Governor of Chandigarh Union Territory, Shri. VP Singh Badnore. The company has bagged the order for 40 Electric Buses under the FAME-II scheme. These electric Buses come with Fast Charging technology and will provide service within the route plans set by the Chandigarh Transport Undertaking (CTU). On an average, this fleet of 40 globally benchmarked electric buses will save approximately 6.5 Lakh Litres of fuel while reducing carbon emissions to the tune of 1700 tonnes, annually.

Ashok Leyland will operate and maintain the fleet end to end and the charging infrastructure will be developed across four locations (Depot-3, ISBT-17, ISBT-43 & PGI) in the Tri-city. These charging stations will be developed by Ashok Leyland’s electric vehicle arm, Switch Mobility, in partnership with Siemens by leveraging its global eMobility technology. In April 2021, Siemens and Switch Mobility had signed an MOU aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India.
Ashok Leyland is passionate about sustainability and is driving towards a net carbon zero emission target, towards green mobility.

About Switch Mobility:

Switch Mobility is a technology-focused bus and light commercial vehicle company with the mission to enrich lives through green mobility. Formed in 2020 as a mature start-up, Switch is forged from the EV capabilities of Ashok Leyland, the fourth largest bus and LCV OEM in the world, and Optare, the British bus company with over a century of expertise in using the latest technologies in bus design. Currently fulfilling orders in UK, Switch is creating a strong foundation for the expansion of its operations in Europe and driving growth in India and other parts of the world.

With a dedicated team of people at our sites in the UK and India, our market-leading vehicles are sold around the globe and combine the best of British and Indian design, technology and engineering to create unique products. Capitalising on our demonstrable experience and proven expertise in lightest weight architecture, zero emissions technologies, data analytics and software, and customer service, Switch Mobility aims to be the commercial EV provider of choice and the industry employer of choice.
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Akash
 

350Z

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Volvo Buses India has launched India’s first 13.5m 4x2 coach.

Volvo-Bus.jpg

Press Release:
Volvo Buses India, a part of VE Commercial Vehicles (VECV), has become the first manufacturer to launch a 13.5-metre 4x2 coach in India. The rear- engine bus has been developed on the modular Volvo 9400 platform that also includes the 12-metre 4x2 and 14.5-metre 6x2 configurations.

Commenting on the launch, Vinod Aggarwal, MD & CEO, VECV said, “The goal of forming our bus division, by integrating Volvo Buses India into VECV is to transform public transport. I am happy to highlight this development as the first fruit from our synergised way of working”.

The rear-engine Volvo B8R 13.5m coach maintains industry-leading safety, fuel economy, performance, and passenger comfort that Volvo Bus operators and passengers have come to expect in Volvo buses. It offers up to 10% extra seating and over 20% additional sleeper berth capacity with almost 25% increase in passenger luggage space. Fully built buses delivered from VECV’s Hosakote facility are fully compliant with prevalent CMVR norms.

“The Volvo 9400 B8R 13.5m 4x2 coach is part of our pioneering track record of offering market leading bus-based mobility solutions in India. I can assure our customers that they can look forward to a broader range of innovative market adapted offers from VECV’s Bus Division, including an Eicher front-engine coach range in the near future”, concludes Akash Passey, President, Bus Division, VECV.

Benchmark specifications

The Volvo 9400 B8R 13.5m coach is certified for a Gross Vehicle Weight (GVW) of 18 tonnes. It is powered by Volvo’s proven 300HP, D8K six-cylinder, direct injection diesel engine. This assures customers of best-in-class power to weight ratio. Ride quality is optimised through the Electronically Controlled Suspension (ECS) System, while safety is bolstered by the Electronic Braking System (EBS).

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