Corrugated box makers say survival is tough The Uttar Pradesh Corrugated Box Manufacturers Association held a three-day strike from 8-10 March 2021. Addressing a press conference in Varanasi, Rajesh Bhatia the president of the association said, In 3-4 months, the price of kraft paper which is the main raw material for corrugated boxes in the packaging industry has increased by almost 60%. Kraft paper prices are increasing on a day-to-day basis
On behalf of the Association, Bhatia requested the Varanasi MP and Prime Minister of India, Narendra Modi, to look into this matter - and take action vis-a-vis the unprecedented rise in the value of kraft paper.
For Tatas, Chandra’s 5th year at the helm may be best yet
N Chandrasekaran - PAUL NORONHA×
Out of over ₹8.6-lakh cr market cap added over 4 years, 85% has come from TCS, Tata Motors, Tata Steel and Titan
When N Chandrasekaran took charge of Tata Sons in 2017, he had spelt out three broad areas of focus bringing the group closer together under ‘One Tata’ strategy, driving operating performances, and enabling greater rigour to capital allocation policies. Four years on, Chandra has laid the foundation for Tata group’s next phase of growth with a number of big-ticket moves including the rollout of its e-commerce super-app platform, a big thrust to the electric vehicle segment, healthcare, and high-tech manufacturing.
Tata Motors unit fixes deadline to turn entire portfolio electric.The company will invest £2.5 bn a year to drive its electrification plans, develop connected services and data-centric technologies
Read more about JLR s $3.5 bn plan to take all Jaguars, 60% Land Rovers electric by 2030 on Business Standard. Brainchild of new CEO Thierre Bollore, move forms part of Reimagine strategy of Tata Motors UK arm; Britain to ban sale of gasoline and diesel cars from 2030, putting pressure on legacy carmakers