Tata Motors firing 3000 temporary workers in Pune plant
India’s leading commercial vehicles manufacturer Tata Motors is cutting around 3000 jobs in their Pune plant.
This job cut would hurt the temporary workers at the plant.
The company had taken a similar step in their other plant in Jamshedpur.
With this, the company has now cut around [...]
Volkswagen India setting up a plant in Pune
German automaker Volkswagen has said that they are now setting up a car plant in the city of Pune.
The company has big plans for the Indian market as they aim to become a bigger player here.
VW added that they are also opening an office to facilitate business [...]
GM India invests for a new engine plant
General Motors has announced that they are going to invest heavily to setup a powertrain (engine, gearbox and transmission) project near Pune in India.
This project would see investments of $200 million.
The company said that the project would have an annual production capacity of 160,000 units.
GM [...]
Minda Industries to supply auto parts to Volkswagen
Volkswagen has announced their first major sourcing agreement in India with Delhi-based Minda Industries.
Minda has signed on a $15 million agreement with the German automotive giant to supply headlights and rear combination lamps.
These would be used in models planned for launch sometime next year in the Indian market. [...]
IBM establishes a Language Translation Services Center in Pune, India
US based IBM has announced the establishment of their Language Translation Services Center in Pune city in India.
The company said that this center would provide services to translate documents from French, German, Italian and Spanish to English.
IBM is planning to establish similar centers in Europe [...]
Pininfarina to establish a base in India
Italian car designer Pininfarina SpA has announced that they are going to establish a research, design and engineering center in Pune, India.
They would be collaborating with Indian company Tata for this venture.
The company added that this new center would be functional by the end of the current year.
Pininfarina added [...]
MobileStore now selling stuff online
Essar Group’s mobile retail chain MobileStore has now announced the launch of its online sales operations.
The company is currently providing this service in 11 cities across the country.
They aim to expand it to other parts of the country in the coming months.
They are for now targeting customers in major cities including [...]
Reliance Industries opens up innovation center in Pune
RIL’s Chairman and Managing Director Mukesh Ambani opened up their innovation center in Pune.
The company said that this center has been developed to drive the company’s “innovation agenda”.
This innovative center would be guided by council chaired by R A Mashelkar who is one of the board members in [...]
