- Ravi Chawla
- Diego Graffi
- Piaggio Vehicles
- Piaggio India
- Gulf Oil Lubricants India
- lubricants
Gulf Oil, Piaggio India Extend Partnership For Co-branded Lubricants For CVs
- by MT Bureau
- November 25, 2024
L-R: Diego Graffi, Chairman & MD, Piaggio Vehicles and Ravi Chawla, MD & CEO, Gulf Oil Lubricants India.
Gulf Oil Lubricants India (Gulf Oil), a leading player in the lubricants industry, and Piaggio Vehicles (Piaggio India), a subsidiary of the Italian Piaggio Group and a leading manufacturer of small commercial vehicles in the country, have renewed their strategic partnership agreement to extend collaboration for the co-branded lubricants across Piaggio’s CV segment.
The partnership had started in 2020 to develop lubricants to meet Piaggio’s vehicles demand for BS VI and EV offerings. The exclusive partnership has been renewed until 2030 for the customised lubricant solutions and will drive sales across retail, factory-fill, and export markets.
Ravi Chawla, MD & CEO, Gulf Oil Lubricants India, said, “We are thrilled to renew our partnership with Piaggio India, which aligns with our mission to bring industry-leading, specialised lubricants to diverse vehicle segments. Our collaboration has been built on a shared passion for innovation and growth, and together, we are poised to expand our reach and impact in both traditional and electric vehicle markets. With India's commercial vehicle market poised for significant growth driven by robust infrastructure development, this collaboration is well-positioned to capitalize on emerging opportunities and strengthen Gulf’s position as a trusted partner for OEMs, supporting our vision for sustained growth and excellence in the sector.”
With the renewal, Gulf will continue as Piaggio India’s exclusive lubricant partner for all factory fill, workshop, and retail requirements in India, along with exports to select international markets. The partnership will cover the full spectrum of lubricants, including advanced BS VI oils and new EV fluids, developed to meet the evolving needs of Piaggio India’s growing customer base.
Diego Graffi, Chairman & MD, Piaggio Vehicles, added, “This long-term renewal with Gulf Oil reinforces our commitment to delivering quality products that support optimal performance for Piaggio India’s customers. As both companies look to the future, Gulf's strategic investments towards growing the EV fluids segment align seamlessly with Piaggio's growing focus on electric mobility in India, particularly in the commercial lightweight and three-wheeler EV segments. We look forward to this next chapter of collaboration.”
- Ashok Leyland
- Dost
- Bada Dost
- Saathi
- Partner
- MiTR
- Viplav Shah
Ashok Leyland Opens New LCV Dealership In Mirzapur
- by MT Bureau
- April 03, 2025

Ashok Leyland, a leading commercial vehicle manufacturer, has inaugurated its 22nd Light Commercial Vehicles (LCV) dealership in Uttar Pradesh. The new 3S facility located in Chunar, Mirzapur will further strengthen the company’s presence in North India.
The company’s LCV portfolio includes Saathi, Dost, Bada Dost, Partner and MiTR targeted for a wide range of customers and applications.
Viplav Shah, Head – LCV Business, Ashok Leyland, said, “Recognising immense potential of Uttar Pradesh as a key market for us, we are thrilled to strengthen our presence in the region. Our new dealership in Chunar (Mirzapur) would go a long way in reinforcing our presence in the state. The phenomenal success of our ‘Dost’, ‘Bada Dost,’ and the new ‘Saathi’ range underscores the robustness of our products - thanks to their best-in-class mileage, superior performance, and higher payloads. We take immense pride in our exceptional service retention levels, with nearly 70% of our customers returning to our dealer workshops even beyond the warranty period. This new dealership marks yet another milestone in our journey to provide the best possible experience to our valued customers.”
- Ashok Leyland
- Nagaland Rural Bank
- retail finance
- C Neelakantan
- Velayutham Sadhasivam
- Balaji K M
- Sanjeev Kumar
Ashok Leyland Partners Nagaland Rural Bank For Retail Finance
- by MT Bureau
- April 02, 2025

Ashok Leyland, one of the country’s leading commercial vehicle manufacturers, has signed a Memorandum of Understanding (MoU) with Nagaland Rural Bank for a strategic vehicle financing partnership. The partnership will see Ashok Leyland get access to customised financial solutions from Nagaland Rural Bank.
The MoU was signed by C Neelakantan, Head -Treasury and Direct Taxation, Ashok Leyland and Velayutham Sadhasivam, Chairman, Nagaland Rural Bank.
Balaji K M, CFO, Ashok Leyland, said, “At Ashok Leyland, we are dedicated to continuously enhancing customer experience and delivering greater value in our products and services. Nagaland Rural Bank is a regional rural bank with a strong presence in the state. With this partnership in place, our customers in the region will have access to comprehensive financing solutions with specially curated easy repayment plans”.
Sanjeev Kumar, President – MHCV, Ashok Leyland, said, “Ashok Leyland is looking forward to collaborating with Nagaland Rural Bank to offer our customers highly attractive financing solutions. This strategic partnership not only strengthens our market presence but also reinforces our commitment to innovation and customer success. With cutting-edge technology and industry-leading total cost of ownership, our products are designed to drive profitability and value for our customers. We remain steadfast in our commitment to deliver exceptional customer experience and build long lasting relationships.”
Velayutham Sadhasivam added, “Nagaland Rural Bank is delighted to collaborate with Ashok Leyland to provide seamless vehicle financing solutions. This partnership underscores our commitment to meeting the diverse financial needs of commercial vehicle customers across the state. We are confident that this alliance will help us expand our reach and offer customized financing options, fostering the growth of businesses in the commercial vehicle sector.”
- Eicher Trucks & Buses
- VE Commercial Vehicles
- Vinod Aggarwal
- alternative fuels
- Bhagwan K Bindiganavile
- SS Gill
- B Srinivas
- Ramesh Rajagopalan
- Vimal Mulchandani
- Volvo Buses
Eicher Trucks & Buses Host 2nd Women Transporters Delegation At Bhopal Plant
- by MT Bureau
- April 01, 2025

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles, has announced that it successfully hosted the second Woman Transporters Delegation at its Bhopal plant.
The event saw women leaders in the transport industry exchange ideas, share insights and explore new business opportunities. The discussion revolved around a wide range of topics such as digitisation, alternative fuels and intelligent mobility solutions that provide challenges and opportunities.
The women leaders were given an exclusive tour of Eicher’s Bhopal plant, an interactive session with VECV Executive Management and test drive experience.
Vinod Aggarwal, MD & CEO, VECV, said, “At Eicher Trucks and Buses, we firmly believe that inclusivity and diversity strengthen businesses and drives growth. Technology and digital solutions are transforming the industry, making businesses smarter and more efficient. While we are taking steps to improve diversity and inclusion internally through initiatives like an all-woman assembly line in Bhopal, we thank you for working with us to foster innovative approaches in the commercial vehicle industry."
Bhagwan K Bindiganavile, EVP, Strategic Planning, Brand & Communications, VECV, added, “The Indian CV industry is transforming rapidly, guided by Prime Minister Narendra Modi’s vision of Seven Cs for mobility solutions: Common, Connected, Convenient, Congestion-free, Charged, Clean and Cutting-edge. We appreciated the women leaders focus on balancing the new technologies making logistics more efficient with a people-first approach.”
SS Gill, Chief Commercial Officer, VECV; B Srinivas, COO, Eicher Trucks and Buses; Ramesh Rajagopalan, EVP, Customer Service, Retail Excellence and Network Development and Vimal Mulchandani, EVP- Manufacturing Operation, Eicher Trucks & Buses & Volvo Buses also engaged with the women transporters delegation.
- SANY
- SANY India
- SANY SKT130S
- hybrid dump truck
- Deepak Garg
SANY Launches India’s First Hybrid Off-Highway Mining Dump Truck
- by MT Bureau
- April 01, 2025
Construction and off-road equipment major SANY has launched what it claims is India's first hybrid off-highway 100-tonne mining dump truck – the SKT130S – with localised manufacturing at its Pune factory.
The truck operates with a 925 kW engine, which generates 3200 Nm of torque, 100-tonne payload capacity and a 61 CuM heaped body capacity, designed for mining applications.
Deepak Garg, Vice-Chairman and MD, SANY India and South Asia, said, “The introduction of the SKT130S is a remarkable achievement in our journey towards driving innovation and self-reliance in India’s mining sector. As India’s first 100-tonne diesel-electric hybrid mining truck, the SKT130S demonstrates SANY India’s commitment to delivering high-performance, efficient and safe solutions to meet the evolving demands of the industry. Our focus on localisation not only supports India’s manufacturing vision but also ensures that we bring cutting-edge technology to enhance productivity in mining operations.”
The SKT130S is expected to achieve fuel savings of 20-25 percent compared to conventional mining trucks. A regenerative braking system enables the high-voltage battery to charge during downhill operation.
The truck includes an intelligent control module for operation management and a 10-inch central control screen for navigation and safety. The cabin meets FOPS/ROPS certification standards, aligning with global safety regulations.
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