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Tata Marcopolo
Tata Marcopolo (officially Tata Marcopolo Motors Ltd.) is a bus and coach manufacturing company headquartered in Karnataka, India and a joint venture between Tata Motors and Marcopolo S.A. Tata Motors will buy the 49 percent stake held by its partner Marcopolo in the bus-making joint venture for Rs 100 crore bringing curtains to the 14-year old partnership and paving the way for a smooth exit for the Brazilian company. The deal expected to be completed by Feb 2021.The subsidiary will continue with the ‘Marcopolo’ trademark for a minimum of three years with a non-compete provision in India for a corresponding period. Operations The primary bus manufacturing and building unit started in Lucknow, with an output of 8 buses per day. A second production facility is at Dharwad, Karnataka, whose output is 70 buses per day. Currently it has doubled its production and become the largest unit in the world. Tata Marcopolo busses were seen on the BUS WORLD exhibition too. And it was a ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Kanpur
Kanpur or Cawnpore ( /kɑːnˈpʊər/ pronunciation (help·info)) is an industrial city in the central-western part of the state of Uttar Pradesh, India. Founded in 1207, Kanpur became one of the most important commercial and military stations of British India. Kanpur is also the financial capital of Uttar Pradesh. Nestled on the banks of Ganges River, Kanpur stands as the major financial and industrial centre of North India and also the ninth-largest urban economy in India. Today it is famous for its colonial architecture, gardens, parks and fine quality leather, plastic and textile products which are exported mainly to the West. It is the 12th most populous city and the 11th most populous urban agglomeration in India. Kanpur was an important British garrison town until 1947, when India gained independence. The urban district of Kanpur ''Nagar'' serves as the headquarters of the Kanpur Division, Kanpur Range and Kanpur Zone. With the first woollen mill of India, commonly ...
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Amritsar
Amritsar (), historically also known as Rāmdāspur and colloquially as ''Ambarsar'', is the second largest city in the Indian state of Punjab, after Ludhiana. It is a major cultural, transportation and economic centre, located in the Majha region of Punjab. The city is the administrative headquarters of the Amritsar district. According to the United Nations, as of 2018, Amritsar is the second-most populous city in Punjab and the most populous metropolitan region in the state with a population of roughly 2 million. Amritsar is the centre of the Amritsar Metropolitan Region. According to the 2011 census, the population of Amritsar was 1,989,961. It is one of the ten Municipal Corporations in the state, and Karamjit Singh Rintu is the current Mayor of the city. The city is situated north-west of Chandigarh, 455 km (283 miles) north-west of New Delhi, and 47 km (29.2 miles) north-east of Lahore, Pakistan, with the Indo-Pak Border (Attari-Wagah) being only away. Am ...
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Vijayawada
Vijayawada, formerly known as Bezawada, is the second largest city in the Indian state of Andhra Pradesh and is a part of the state's Capital Region. It is the administrative headquarters of the NTR district. Its metropolitan region comprises NTR and parts of Krishna and Guntur districts.Vijayawada lies on the banks of Krishna river surrounded by the hills of Eastern Ghats, known as Indrakeeladri Hills. It geographically lies on the center spot of Andhra Pradesh. The city has been described as the commercial, political, cultural and educational capital of Andhra Pradesh It is the second largest city in Andhra Pradesh with a population of 17,23,000 in 2021, estimated population of 19,91,189 in the Vijayawada Metropolitan Area. It is one of the fastest growing urban areas in India and among the top 10 fastest growing cities in the world according to Oxford Economics report. Vijayawada is considered to be a sacred place for residing one of the most visited and famous temples of ...
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Visakhapatnam
, image_alt = , image_caption = From top, left to right: Visakhapatnam aerial view, Vizag seaport, Simhachalam Temple, Aerial view of Rushikonda Beach, Beach road, Novotel, Novotel Visakhapatnam, INS Kursura (S20), INS Kursura submarine museum, Vizag skyline, Kambalakonda wildlife sanctuary , etymology = , nickname = The City of DestinyThe Jewel of the East Coast , image_map = , map_caption = , pushpin_map = India Visakhapatnam#India Andhra Pradesh#India#Asia#Earth , pushpin_label_position = left , pushpin_map_alt = , pushpin_map_caption = , coordinates = {{coord, 17, 42, 15, N, 83, 17, 52, E, display=inline,title , subdivision_type = Country , subdivision_name = {{flag, India , subdivision_type1 = States and union territories of India, State , subdivision_name1 = Andhra Pradesh , subdivision_type2 = ...
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Trivandrum
Thiruvananthapuram (; ), also known by its former name Trivandrum (), is the capital of the Indian state of Kerala. It is the most populous city in Kerala with a population of 957,730 as of 2011. The encompassing urban agglomeration population is around 1.68 million. Located on the west coast of India near the extreme south of the mainland, Thiruvananthapuram is a major information technology hub in Kerala and contributes 55% of the state's software exports as of 2016. Referred to by Mahatma Gandhi as the "Evergreen city of India", the city is characterised by its undulating terrain of low coastal hills. The present regions that constitute Thiruvananthapuram were ruled by the Ays who were feudatories of the Chera dynasty. In the 12th century, it was conquered by the Kingdom of Venad. In the 18th century, the king Marthanda Varma expanded the territory, founded the princely state of Travancore, and made Thiruvananthapuram its capital. Travancore became the most dominan ...
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Thane
Thane (; also known as Thana, the official name until 1996) is a metropolitan city in Maharashtra, India. It is situated in the north-eastern portion of the Salsette Island. Thane city is entirely within Thane taluka, one of the seven talukas of Thane district; also, it is the headquarters of the namesake district. With a population of 1,841,488 distributed over a land area of about , Thane city is the 15th most populated city in India with a population of 1,890,000 according to the 2011 census. Located on the northwestern side of the state of Maharashtra, the city is an immediate neighbour of Mumbai city and a part of the Mumbai Metropolitan Region. Etymology and other names The ancient name of Thana was . It appears as in early medieval Arab sources. The name Thane has been variously Romanised as Tana, Thana, Thâṇâ, and Thame. Ibn Battuta and Abulfeda knew it as KukinTana; Duarte Barbosa as TanaMayambu. Before 1996, the city was called 'Thana', the British spelling ...
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Hyderabad, India
Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the '' de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern India. With an average altitude of , much of Hyderabad is situated on hilly terrain around artificial lakes, including the Hussain Sagar lake, predating the city's founding, in the north of the city centre. According to the 2011 Census of India, Hyderabad is the fourth-most populous city in India with a population of residents within the city limits, and has a population of residents in the metropolitan region, making it the sixth-most populous metropolitan area in India. With an output of 74 billion, Hyderabad has the fifth-largest urban economy in India. Muhammad Quli Qutb Shah established Hyderabad in 1591 to extend the capital beyond the fortified Golconda. In 1687, the city was annexed by the Mughals. In 1724, Asaf Jah I, th ...
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Indore
Indore () is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to encompass campuses of both the Indian Institute of Technology Indore, Indian Institute of Technology and the Indian Institute of Management Indore, Indian Institute of Management. Located on the southern edge of Malwa, Malwa Plateau, at an average altitude of above sea level, it has the highest elevation among major cities of Central India. The city is west of the state capital of Bhopal. Indore had a census-estimated 2011 population of 1,994,397 (municipal corporation) and 3,570,295 (urban agglomeration). The city is distributed over a land area of just , making Indore the most densely populated major city in the central province. Indore is the cleanest city in India according to Swachh Survekshan Report 2022 sixth time i ...
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Naya Raipur
Naya Raipur, officially known as Atal Nagar-Nava Raipur, is a planned city and fully Greenfield city in Indian state of Chhattisgarh. It is planned to replace Raipur as the capital city of Chhattisgarh. The Government of Chhattisgarh, the state's administrative body is situated here. The city is located between National Highway 53 and National Highway 30, about 17 km south-east of the capital city Raipur. Swami Vivekananda Airport separates Raipur and Nava Raipur. Nava Raipur Development Authority After the formation of the new state of Chhattisgarh in November 2000, the state government decided to create a well planned new city for Raipur. Hence a special area has been notified under section 64 of Nagar Tatha Gramnivesh Adhiniyam 1973. The authority thus formed is the Capital Area Development Authority (CADA) which is now called the Atal Nagar Vikas Pradhikaran (NRDA). NRDA is the nodal agency undertaking comprehensive development of this 'greenfield' city. Chief ...
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Madurai
Madurai ( , also , ) is a major city in the Indian state of Tamil Nadu. It is the cultural capital of Tamil Nadu and the administrative headquarters of Madurai District. As of the 2011 census, it was the third largest Urban agglomeration in Tamil Nadu after Chennai and Coimbatore and the 44th most populated city in India. Located on the banks of River Vaigai, Madurai has been a major settlement for two millennia and has a documented history of more than 2500 years. It is often referred to as "Thoonga Nagaram", meaning "the city that never sleeps". Madurai is closely associated with the Tamil language. The third Tamil Sangam, a major congregation of Tamil scholars said to have been held in the city. The recorded history of the city goes back to the 3rd century BCE, being mentioned by Megasthenes, the Greek ambassador to the Maurya empire, and Kautilya, a minister of the Mauryan emperor Chandragupta Maurya. Signs of human settlements and Roman trade links dating back to 3 ...
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Kochi
Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of Kerala and is commonly referred to as Ernakulam. Kochi is the most densely populated city in Kerala. As of 2011, it has a corporation limit population of 677,381 within an area of 94.88 km2 and a total urban population of more than of 2.1 million within an area of 440 km2, making it the largest and the most populous metropolitan area in Kerala. Kochi city is also part of the Greater Cochin region and is classified as a Tier-II city by the Government of India. The civic body that governs the city is the Kochi Municipal Corporation, which was constituted in the year 1967, and the statutory bodies that oversee its development are the Greater Cochin Development Authority (GCDA) and the Goshree Islands Development Authority (GIDA). ...
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