INTERVIEW

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• Motherson Group to invest USD 400 Million in the Kingdom of Saudi Arabia

  Motherson Group recently signed an MoU with the Ministry of Investment, Kingdom of Saudi Arabia (MISA), to identify investment and development opportunities for industrial and service activities in the country. V C Sehgal, chairman of the company says he is planning to invest close to USD 400 million, but with the participation of the Saudi government itself. The other exciting thing is that it will happen in KAEC (King Abdullah Economic City) which is on the Mount of the Suez Canal. It also augurs very well, because the companies here can export to Europe, ships can be there in seven or eight days. So, we are really excited over this. In the next five-year plan that we will have, you will see Saudi as a centre, and UAE also, because we are working very hard there, he said in an exclusive interview with Nabeel A Khan, Editor of ETAuto. https://auto.economictimes.indiatimes.com/news/auto-components/within-the-next-3-months-you-will-hear-about-major-acquisitions-vc-sehgal/94805847?from_featured_home=Y

  

• We are close to achieving 20 MW/h energy storage capacity annually: Ankit Mittal, Founder, Sheru

  In an exclusive interaction with ETEnergyworld, the Founder Ankit Mittal shares a perspective on the company's business model.

  

• Audio Interview: The Size and Scope of the Performance and Racing Industry Segment within the Aftermarket Globally

  Prior to EPARTRADE, Francisque Savinien was the Director of Global Sales and Marketing for PRI (Performance Racing Industry) and SEMA (Specialty Equipment Market Association) for 18 years. Over the past 25 years, he has traveled extensively around the world to promote the industry at all major races and events.

  

• CSIR-IIP technology enables municipalities to make diesel from waste plastic: Director Anjan Ray

  CSIR-IIP has signed an MOU with DDA to deploy plastic waste-to-diesel plant in hub-and-spoke model in the national capital. Delhi produces about 700 tons waste plastic a day and there is sufficient feed stock available for setting up of number of plants

  

• Audio Interview: Setting up and Running Successful Manufacturing Operations in India

  Ramesh Visvanathan, with 30+ years of diverse corporate and business solutions driven experience, and has been pivotal in resolving complex issues in national and global organizations.

  

• Steel exports to EU and MENA countries to increase, says Jindal Steel MD

  “Steel exports from India will increase because this is a good market today as far as the spot market is concerned. The opportunity for the Indian steel industry lies in exporting more and more to the European Union and also the Middle East and North African (MENA) countries. The increased input costs can be set off easily because the prices in Europe are much higher than the prices in India.”

  

• India will be one of our top 3 growth markets by 2026: Prathab Deivanayagham, Harman India

  Harman International is a global leader in connected car technology, lifestyle audio innovations, design and analytics, cloud services and IoT solutions. HARMAN India, a wholly owned subsidiary of Samsung Electronics Co. Ltd, has its automotive electronics manufacturing plant at Chakan, near Pune, Maharashtra. The Indian automotive electronics market is expected to exceed USD18 billion by 2027 which would be a 3X growth from now. “With India being one of the growth markets for EVs, we consider this as one of the growth markets globally and it will be one of our top three growth markets in the next 4-5 years,” Prathab Deivanayagham, Country Head & MD, Harman India, told ETAuto in an exclusive interview.

  

• Audio Interview: EV Market Update & Investment Opportunities in India

  This week's Interview "India: EV Market Update & Investment Opportunities" features Nabeel A Khan, Founding Editor of ETAuto.com, part of The Economic Times of India. ETAuto.com is India's largest platform for gaining knowledge, information and data about the automotive industry and its policies.

  

• We are expanding capacities by nearly 80% and our margins are sustainable: Chintan Shah

  “We are forecasting certain growth for which we are expanding the capacities. These capacities will come into play from early December of 2022.”

  

• Industrial demand resuming with crude prices looking up: Sunil Duggal, Vedanta

  "We are quite confident that the trajectory of the contribution from oil and gas business will look up."

  

• Weak steel demand only due to seasonality: Seshagiri Rao, JSW Steel

  "Demand seasonally is weak generally in July and September quarter, but from June onwards relative to April and May we are seeing definite signs of improvement."