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CAPITAL NOTES Hyundai India achieves 7 mn production at Chennai factory Vellayan is back, after 150 days IOB on turnaround path Are they really independent? Land wars He excels in the nuts and bolts of entrepreneurship Sivasankaran enters taxi space to take on Uber and Ola Sundram Fasteners rejigs international Singur minus Nano – victory or folly? E.I.D Parry (India) Ltd: another sweet year Rane targets Rs.5500 crore topline by 2018-19 A welcome initiative-even critics are recognised PSU non-life firms seek to protect share Smartphone onslaught by Chinese brands Toyota and Suzuki to introduce EVs in India by 2020 PPP model for infrastructure development Tata Motors joins compact SUV bandwagon with Nexon L & T’s floating dock for navy Solar installations exceed 2015 capacity in five months The gainers and the losers TVS Srichakra plans capacity expansion Tata Steel, ThyssenKrupp sign MoU to merge European units Wabco launches safety system V-Guard launches app-enabled water heater system From the toughest to the best year M & M unveils driverless technology for tractors Tata Motors aims to be among the Top 3 global CV & PV firm Tata Motors charts investments in PV and CV businesses Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Titan Company – sales recovery to kick in AL wins Deming prize again L&T bags the Mumbai Trans-harbour link order Daimler’s truck exports from Chennai cross 5000 units Smooth sailing of SAIL Record two-wheeler sales Aurobindo Pharmacy: good turnaround RoC in the dock... Consolidating leadership position in smartphones Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Maruti – for young buyers When small is not so beautiful… It takes two to tango Tata Motors bets on new launches Gamesa to set up a plant in Nellore Bajaj Finserv – Q1: fare well Is this a generation gap? Kone India eyes further growth in elevator market AL secures orders for 3600 buses L & T set bigger ambitions in defence business TI Cycles plans retail expansion to drive sales for premium bicycles ITC chairman calls for policy impetus to transform agriculture Right to privacy – now it’s fundamental! Last stages Tata gets 4-star rating for Zest TVS Automobile invests Rs.75 crore in start-up firms Carnival Films acquiring 3000 screens pan India LVB posts 31 per cent growth in Q1 net profit Increasing market share Mercedes-Benz sales continue to zoom 29 per cent jump in TCS revenues Welcome focus to improve rural India... Hyundai to focus on SUVs and AMT variants New India Assurance posts impressive show L&T profit up by 11 per cent Dish TV – subscriber additions encouraging TN government keen on revival of operations at Nokia complex Yamaha unveils scooter boutique Michelin to double Chennai capacity Forging industry worried over lower supply of steel and its price Ode to Ratan Tata The unexpected exit ITC – steep excise hike Hindalco – re-rating Preparing for the next growth curve Daimler grows sales and share in India Back in growth mode HPCL plans Rs.61,000 crore capex over 5-years A niche in FMCG business... Nissan exit shouldn’t affect ALL Emami – a new growth mantra Housing demand revival Chinese smart phones flourish in small towns too! AL introduces Guru & Partner Eyes strong growth in 2016-17
 
Toyota and Suzuki to introduce EVs in India by 2020

Japanese auto majors Toyota Motor Corporation and Suzuki Motor Corporation have finalised their plans for introducing electric vehicles (EVs) in the Indian market by 2020. The arrangement is such that Suzuki will be in-charge of production of EVs and also supply some to Toyota, while Toyota is to provide technical support.

Additionally, Toyota and Suzuki have planned to conduct a comprehensive study of activities for the widespread acceptance and widespread use of EVs in India. Such activities encompass the establishment of charging stations, human resources development that includes training for after-service technicians employed throughout sales networks and systems for the appropriate treatment of end-of-life batteries.


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