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STFC raises money Murugappa- a year of consolidation Three more leather clusters… Business Breif Innovation that helped Chennai port Time to fast-pace the logistics sector Chennai to get a roundabout Metro Rating of states to be released soon IFCI to raise NCDs upto Rs 2000 crore Downsizing spree... OBO Bettermann for better lightning protection Illicit markets a concern to growing economy Four daughters and a proud father Nigeria comes nearer Purdue and IIT-M sign the dotted line Airlines wage price war Strategy war escalates between Hero and Honda A global plastic event in India Sun Edison launches solar pumps Chennai will soon get its World Trade Centre Carrefour’s quick exit Climate change may change the way businesses work... ISRO's 100th mission Ridley marathon to India Well-refined – RIL’s refinery margins zoom TiE applauds innovative entrepreneurs World labour laws at a glance Creating Tamil Nadu Banana brand When Centre visits the state Digital retail transactions stabilise at higher level… TII’s single largest investment at Thiruthani Brand leaders come forward... Striking cords for 25 years… Chola MS net crosses 100 crores On the ‘milky’ way Smart controls for cooling large multi-zone spaces ... Bridging the skill deficit in pharma industry Big-ticket investments march towards Punjab TOP 10 CEO Compensation CUB: towards card-less withdrawal Steel loses its sheen Celebrating 180 years of relevance Indigo stays leader with 40 per cent share Placing the right shoe forward... Pharma market dozes Curbing steel imports will hurt small business... Gem of social service... Connecting the unconnected European crisis is a global crisis! TCS’ revenues cross Rs 100,000 crore WABCO’s second Chennai plant Realising double digit growth in Tamil Nadu Schwing Stetter India joins hands with US-based Gomaco Blue Star plans a new plant in south Automotive Vision Plan II... Is Indian telecom industry heading for a monopoly? Holiday Inn opens in OMR Chennai An American alliance in the chemical industry? Economic issues take a back seat at G20 summit LVB gears to become a financial supermarket Chennai Port is at last decongested! Auto test tracks launched at GARC Oragadam campus Scoot offers just Rs.13,500 to ANZ... Techies trip to India Housing Innovation Challenge, 2015 Investor friendly Japan Industry-well poised to invest on expansion People Flow Day- Safety Realty sector takes a break... Need to focus on ease of doing business... Research needs more funding ALL to launch electric busses Towards peace of mind TN budget pragmatic and moderate on fiscal deficit ECGC expands operations Secured NCDs from Shriram City TII-challenging year with flat growth Chola MS launches motor app Focus on self-certification and third party inspection - AirAsia India infuses funds to fight out competition Adding Zest to Scooty SumInfra- corridor based development... Indian Bank – global businesses crosses Rs 3 lakh crore... Hero Motocorp - smooth ride Tata Steel commence operations at Kalinganagar Waste, a gold mine Applauding enterprise... Business Briefs ALL – truck industry is recovering from degrowth Flexible labour laws… The new look- 4s Verna Celebration time at MS Chola Reality bytes Backpack laboratory Economic, business and social sustainability TVS Logistics – another acquisition to sharpen the business model ALL-two launches in a row Apple maps – finding its way Inclusive and forward moving... BRICS development bank More gensets and diesel engines from TAFE Make way for the new and dynamic railways Durga - India’s largest blast furnace; now operational Changing dynamics in human resource management Nothing to hide... An aerospace-defence cluster in Tamil Nadu… Veritas Finance- financing the unfinanced Dynamic e-commerce scenario Hyundai excites again
 
ALL to launch electric busses

Hinduja Motors, which holds majority stake in Optare Plc, UK, electric bus manufacturer, plans to launch Optare range of electric and hybrid busses in India. Following the Prime Minister’s Make in India drive, manufacturing of these green busses will start from next year. The buses will be manufactured at the Alwar and Tiruchi plants.

Vinod Dasari, MD Ashok Leyland pointed to plans of exporting the busses from India. Though the batteries for these would be imported, the company plans to make investments in the toolings for the bus. The hybrid and electric varieties could cost between Rs 2 crore and Rs 3 crore and government support would be necessary to popularise the green mode of transport. 

The electric bus can run for 200-300 km per charge depending on battery size. Vince Cable, British Secretary of State for Business, Innovation and Skills, visiting  Ashok Leyland’s headquarters in Chennai, said that UK is keen on developing collaboration between UK and India in industry and education. He mentioned that the British automobile industry is expanding and is interested to create collaboration with Indian companies. The UK government is looking at electric vehicles as increasingly important as it helps in reducing carbon emission.

 

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