Business Economy


Hyd: BikeWo, Moonrider sign MoU to explore electric tractor deployment

Hyderabad, Sept 30 (UNI) Hyderabad-based BikeWo Green Tech Limited and electric tractor manufacturer Moonrider have signed a memorandum of understanding (MoU) to explore the deployment of electric tractors across agricultural, industrial, commercial and institutional applications.
The partnership will combine Moonrider's electric tractor technology with BikeWo's capabilities in fleet deployment, leasing and operations to identify potential customers and develop suitable commercial deployment models, the company said in a release on Wednesday.
The companies will explore applications across agriculture, industrial facilities, warehouses, logistics hubs, airports, ports and other controlled environments where electric tractors could meet specific operational requirements.
BikeWo will also assess opportunities to support Moonrider's existing and prospective customers through fleet deployment, leasing and operational services to facilitate the adoption of electric tractors.
Hiten Pal Saklani, Chief Executive Officer of BikeWo Green Tech Limited, said the collaboration would help identify institutional and specialised applications where electric tractors could offer commercially viable solutions based on utilisation patterns and operating economics.
The partnership forms part of BikeWo's strategy to expand beyond conventional last-mile electric mobility into specialised electric vehicle applications and integrated mobility infrastructure.
The company plans to work with original equipment manufacturers and technology providers across vehicle categories to develop deployment models for enterprise and institutional customers.
Under the MoU, the companies will jointly identify potential customers, evaluate pilot projects and explore commercial opportunities.
Any vehicle deployment, procurement or leasing arrangement will be subject to separate definitive agreements, the companies added.
UNI KNR ARN
More News

L&T bags big power transmission orders in Saudi Arabia, UAE

05 Oct 2026 | 4:38 PM

New Delhi, Oct 5 (UNI) Larsen & Toubro (L&T) on Monday said its Power Transmission & Distribution (PT&D) business has secured multiple engineering, procurement and construction (EPC) orders in India and overseas, with a focus on strengthening electricity transmission networks and supporting renewable energy integration.

see more..

TVS ASL attracts strategic investment from UAE-based Crescent Enterprises

05 Oct 2026 | 4:33 PM

Chennai, Oct 5 (UNI) TVS Automobile Solutions (TVS ASL), the owner of the ‘myTVS’ automotive aftermarket brand and part of the USD 3 billion TVS Mobility Group, today announced that it has raised Rs.425 crore in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises.

see more..

SAIL achieves record production, sales in H1 FY27; high-end steel output jumps 30 pc

05 Oct 2026 | 1:03 PM

New Delhi, Oct 5 (UNI) Steel Authority of India Limited (SAIL) has delivered a remarkable performance in the first half of FY27 (April-September 2026) and in September 2026, achieving several best-ever milestones across production, sales and efficiency parameters.

see more..

AM Intelligence expands Nvidia Vera Rubin AI factory capacity in India, Malaysia

05 Oct 2026 | 12:23 PM

Hyderabad, Oct 5 (UNI) AM Intelligence (AMI), the AI infrastructure platform set up by the promoters of Greenko, on Monday announced two further firm and binding orders for 20,000 NVIDIA Rubin GPUs to be deployed as NVIDIA Vera Rubin NVL72 rack-scale systems in India and Malaysia.

see more..

Taiwan-based air carrier set to launch direct flights from Delhi to Taipei

04 Oct 2026 | 9:53 PM

New Delhi, Oct 4 (UNI) Set to become the only Taiwan-based airline to operate direct flights from Delhi to Taipei, EVA Air is geared up to launch the service starting December 1, officals said. .

see more..