The move is expected to give Ceat a sharper edge in the off-highway tyre category, which has seen growing demand globally amid infrastructure and construction activity. Tyre maker Ceat Ltd on Monday announced the completion of its acquisition of Michelin Group’s Camso off-highway tyres and tracks business, strengthening its presence in the global off-highway mobility...

During the visit, Prasada also held bilateral meetings with ministers from Japan, South Africa, and the Netherlands to strengthen trade and investment ties. India and South Korea have agreed to explore joint initiatives in key sectors including electronics, electric vehicle (EV) components, and trusted digital supply chains, the Commerce Ministry said in a statement on...

The two-wheeler manufacturer has partnered with Terrafirma Motors Corporation (TMC) to supply motorcycles to the Southeast Asian market. In line with its global expansion plan, World’s largest two-wheeler manufacturer, Hero MotoCorp is set to commence its operations in the Philippines. The two-wheeler manufacturer has partnered with Terrafirma Motors Corporation (TMC) to supply motorcycles to the...

To remain competitive, players will need to balance market diversification with cost optimisation, supported by timely policy interventions. India’s tyre industry should lower raw material dependence by investing in R&D and accelerate expansion into non-US markets to counter US tariffs, a report said on Wednesday. While the sector has built strong global scale and competitiveness,...

Chinese battery makers saw shares plunge Friday. This follows Beijing’s announcement of export controls on lithium battery parts. Shares of Chinese battery makers plunged on Friday after the country announced that it would control exports of lithium battery parts, a move that tightens its grip on the technology critical for energy storage and electric vehicles....

Global motorcycle shipments rebounded strongly following the company’s production suspension in mid-May with units up 19% to 57,100 from 47,900 a year ago. By Bianca Flowers Harley-Davidson Inc on Wednesday reported higher-than-expected profit, briefly sending shares up 11% as consumer demand for its popular bike models and price increases during the summer riding season boosted...

The launch is part of Michelin’s broader strategy to enhance accessibility to advanced tyre technologies and premium services across India. Michelin, the world leader in tyre technology, on Friday said it has launched two new Michelin Tyre and Service stores in Mumbai and Gurugram. The Mumbai store, located in Oshiwara and inaugurated in partnership with...