Easily recognisable Detectable Jacket is up to twice more visible for vehicle sensors than conventional high-visibility vests. The glass microbead technology also amplifies nighttime visibility by up to 300 metres; a six- fold increase over standard white outerwear.

The reimposition of restrictions due to the rise in Covid cases is expected to impact demand for automobiles, especially for passenger vehicles and two-wheeler, according to ratings agency Acuite.

A report by JMK Research and Analytics claims that overall EV sales in December 2021 clocked 50,866 units, recording a 240 per cent YoY jump from the number recorded in December 2020.

India Ratings and Research (Ind-Ra) November 2021 report highlights the trends in the sub-segments of the auto sector, including passenger vehicles (PVs) and two/three-wheelers (2W/3Ws), focussing on sales volumes growth.

Ind-Ra has maintained an improving outlook for the auto ancillary sector and maintained a stable outlook on its rated portfolio for the second half of FY22. Credit metrics are likely to improve in FY22.

Ind-Ra revised auto volumes growth forecast to 12%-16% YoY from the initial forecast of 16%-20% YoY. The downward revision is due to a revision in the growth forecasts for 2Ws and PVs.

OEMs are struggling to supply adequate vehicles to dealers. FADA’s outlook remains a mixed bag with PVs witnessing demand-supply mismatch and the 2W segment facing a demand crunch.

Toyota Kirloskar Motor was awarded by Confederation of Indian Industry (CII) Southern Region for its outstanding contribution in Water and hazardous Waste management.

Ind-Ra expects volume growth to continue in August 2021, driven by improving consumer sentiments and the onset of festive season. It feels the semiconductor shortage could pose supply-side challenges.