During a pilot programme, retreading services and warranty programme will be provided to fleets operating TBR (Truck, Bus, Radials) Normal Load (NL) tyres through authorised Indag retreaders in the three key state markets of Delhi NCR, Rajasthan, and Maharashtra.

The new facility is at the Mahindra Research Valley (MRV) R&D centre, set up in 2012, which spans 125 acres in the Mahindra World City of Chengalpattu, Tamil Nadu.

Chairman, Indian Oil, said: "The collaboration with an Indian biofuel major – Praj, ... will strengthen our resolve to achieve our goal of net-zero operational emissions by 2046 and maintain our leadership in the green energy domain.”

The new facility operates and complies with the standards as stated by the government’s vehicle scrapping policy - Voluntary Vehicle Fleet Modernization Program (V-VMP), which took effect in April 2022.

Proposal is for mandatory fitment of AC systems in new trucks from 2025.

The joint venture, under the name ‘Roqit’, will develop a digital platform for the provision of various services, including management tools for fleets, insurance, hydrogen infrastructure, and emissions tracking, as well as data insights.

The order was recieved on the delivery of its 325th Volvo FM 420 4x2 tractor unit to Delhivery.

Q4 of FY 2023 sales showed few signs of abatement in the increasing sales in the segment across India in FY 2023.

Olectra Greentech has a strategic tie-up with BYD Auto Industry of Shenzhen, China.

Shuel Bhamla says: ".... And by 2024, we aim to deploy 10,000 charging stations across India."

Since October, some 100 LNG FPT-powered trucks have been sold.

The new facility is part of the company's plans to produce driveline components for both conventional ICE vehicles and electric vehicles.