In India about 1.2 crore people enter the workforce every year but the pace of job creation remains far below than what is needed, even though the economy is growing at over 7 percent.
Tag: Maruti Suzuki
Maruti Suzuki stands tall with 20 Mn sales in India
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•Maruti Suzuki India Limited, India’s leading passenger vehicle maker, has reached a key milestone of 20 Million passenger vehicle cumulative sales in the Indian market. This achievement makes Maruti Suzuki the only company in India to cross the landmark figure. The company accomplished this landmark number in less than 37 years of selling its first…
Mahindra First Choice Services Acquires Key Assets of Carnation Auto.
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•Mahindra and Mahindra Ltd’s service arm Mahindra First Choice (MFC) Services on Monday announced that the company that it has entered into an asset acquisition agreement with Carnation Auto (India) Pvt. Ltd, a Noida-based aftersales and service company. As a result, MFC Services will acquire key assets of Carnation’s car-servicing business including the trademark ‘Carnation’,…
JSW Group ropes in former Hyundai executive Rakesh Srivastava for its EV venture.
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•JSW Group, one of India’s largest business conglomerates led by Sajjan Jindal has hired Rakesh Srivastava, the former director for sales and marketing at Hyundai Motor India, as the firm is trying to enter into the electric vehicles industry. Though there is no official confirmation from both sides, a senior executive at JSW Energy confirmed the move…