Monday, Apr 29 2024 | Time 17:14 Hrs(IST)
image
Business EconomyPosted at: Mar 19 2024 4:33PM


Jindal Stainless partners with JBM Auto to roll out over 500 e-buses

New Delhi, Mar 19 (UNI) Jindal Stainless and JBM Auto on Tuesday announced their partnership to roll out over 500 energy-efficient and light-weight stainless steel electric buses.
As per the pact, Jindal Stainless will provide JT Tubes, made up of low-carbon, chromium-manganese austenitic stainless steel to JBM Auto.
JBM Auto, with an order book of over 5,000 electric buses, is progressing in a transitional manner towards fabricating its electric buses from the earlier used carbon steel to stainless steel now.
JBM Auto will commence fabrication of stainless-steel buses this month.
“We are glad to be a part of shaping the future of sustainable mobility in India. Lighter vehicles improve energy consumption, thereby reducing the carbon footprint of the transport sector.
Additionally, the corrosion-resistant nature of stainless steel mitigates the need for regular repairs and maintenance, thereby turning out to be the most cost-effective solution on life cycle basis," said Abhyuday Jindal, Managing Director, Jindal Stainless.
Added Nishant Arya, Vice Chairman & Managing Director, JBM Auto, "Clean mobility is our guiding principle, and we are dedicated to driving EV adoption while creating an end-to-end electric mobility ecosystem. Our mission is to provide intelligent electric vehicles with robust infrastructure support, making EVs the most sustainable mode of public commuting.
UNI NK GNK
Please log in to get detailed story.
Tags: #Jindal Stainless partners with JBM Auto to roll out over 500 e-buses
More News
Sensex jumps 941 12 points

Sensex jumps 941 12 points

29 Apr 2024 | 4:34 PM

Mumbai, April 29 (UNI) The BSE Sensex on Monday posted massive gains of 941.12 points to close strong at 74671.28 following the gains of Bankex, Oil and Gas, Financial Services, and Utilities stocks.

see more..
Airtel surpasses 6 9 million 5G users milestone in Karnataka

Airtel surpasses 6 9 million 5G users milestone in Karnataka

29 Apr 2024 | 4:29 PM

Bengaluru, April 29 (UNI) Bharati Airtel on Monday announced that it has surpassed the 6.9 million mark in terms of 5G users in Karnataka.

see more..
India Inc revenue growth likely moderated to 4-6 pc in Q4: CRISIL

India Inc revenue growth likely moderated to 4-6 pc in Q4: CRISIL

29 Apr 2024 | 4:08 PM

New Delhi, April 29 (UNI) India Inc likely logged a 4-6% revenue growth in January-March quarter (Q4) of financial year 2023-24 marking the slowest quarterly growth since recovery from the Covid-19 pandemic, research and rating firm CRISIL said in a report on Monday.

see more..

UST acquires Strativity Group

29 Apr 2024 | 1:51 PM

Thiruvananthapuram, April 29 (UNI) UST, a leading digital transformation solutions company, has announced that it has acquired Strativity Group, a boutique strategy consultancy specializing in customer-centric transformations.

see more..

Tata Motors inks MoU with South Indian Bank

29 Apr 2024 | 1:47 PM

Hyderabad, April 29 (UNI) Tata Motors, India's largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with South Indian Bank, a Kerala-based private sector bank, to offer convenient financing solutions to its commercial vehicle customers and dealerships.

see more..
image