AVTR 1920 wins ‘MDV Tipper of the Year’
Boss 1415 LX wins the ‘Cargo Carrier of the Year’
Chandigarh sunita shastri: Ashok Leyland, flagship company of the Hinduja Group and India’s second largest commercial vehicle manufacturer, wins three prestigious Apollo CV awards 2021, including the ‘HCV’ Tipper of the Year for AVTR 3520 ,‘MDV’ Tipper of the Year for AVTR 1920 and ‘Cargo Carrier’ of the Year for Boss 1415 LX. The Apollo CV Awards are considered the most prestigious in the commercial vehicle (CV) business that recognises innovation, leadership, technological prowess and people talent in the CV business.The 12th edition of the Apollo CV Awards was held virtually on 10 April 2021. The awards recognised OEMs, fleet operators, dealers and Individuals across categories and business areas.Mr Vipin Sondhi, MD & CEO, Ashok Leyland, said, “We are delighted to receive the HCV Tipper of the Year award for AVTR 3520, MDV Tipper of the Year award for AVTR 1920 and Cargo Carrier of the Year award for Boss 1415LX. With the launch of AVTR last year, we achieved the dual challenge of meeting the BS-VI norms and development of a whole new platform, in one swift move. The customer centric AVTR, has taken our customers to the next level of trucking and helps them reap the benefits of modularity. This unique modular platform has put us on the global map of CV manufacturers and helps us in our journey of realising our vision of being amongst the Top 10 Global CV Makers. It truly stands for quality, reliability and backed with the extensive service network, it gives our customers a huge advantage. We dedicate these awards to each of our employees and our stakeholders who have made this possible.”Mr Anuj Kathuria, Chief Operating Officer, Ashok Leyland, commented, “We are truly elated to have won the Apollo CV Awards for our HCV Tipper AVTR 3520, MDV Tipper AVTR 1920 and ICV Cargo Carrier BOSS 1415LX. Keeping to our brand promise of ‘Aapki Jeet. Hamari Jeet.’, our new Tippers 3520 and 1920 were introduced last year under the innovative AVTR modular platform. These new products help our customers to improve operational efficiencies and deliver the best Total Cost of Ownership (TCO). In the ICV segment our winner product BOSS 1415LX has further improved on the USPs of higher fuel economy and durability, making it a compelling choice for our customers. The Apollo CV Awards is a great motivator and re-affirms our efforts in introducing customer centric and innovative technology.”
2-Gem & Jewellery Exports witnesses a remarkable growth of 12.73% in Q4
Overall gem and jewellery exports decline by 28.46% in 2020-21
Chandigarh,sunita shastri: The financial year 2020-21 witnessed an overall decline of 28.46% to US$ 25.31 billion in the overall exports of gem and jewellery compared with US$ 35.37 bn in the fiscal year 2019-20, as per the data of the apex body The Gem and Jewellery Export Promotion Council (GJEPC). However, there is a significant increase in the exports witnessed in the last quarter of the financial year ended March 31st 2021, with an increase of over 12.73% as compared to same period last year.Colin Shah, Chairman, GJEPC said, “FY 2020-2021 was an exceptional year, yet the industry has shown resilience, adapted to the new normal and strived towards attaining recovery in exports in the second half of the year. Post witnessing a decline in the first three quarters, the Gems & Jewellery Exports have witnessed a remarkable growth of 12.73% in Q4. However, the year 2020-21 ends with a 28.46% decline in overall gross exports of Gems & Jewellery It’s an achievement for the Indian gems and Jewellery industry, considering the scale and the magnitude of the COVID-19 pandemic globally.”“While Rough import of Diamonds stabilised post opening up, the non-availability of duty free gold to jewellery manufacturers have sharply impacted the plain gold jewellery exports leading to a decline of around 60%. Improved International market Demands in the third quarter owing to a robust holiday season, stimulated manufacturing across all Gem & Jewellery product segments and overall gross exports.”“The impact of Covid could have been severe, but I sincerely acknowledge the proactive support extended by the Central and State Govt. provided through timely relief measures and policy reforms that eased the impact of Covid-19 on the industry. GJEPC’s virtual trade shows played a significant role in the recovery of exports in 2020-21. Virtual trade shows and e commerce will continue to be the business growth drivers in 2021-2022”
