Manba Finance Limited Forms Strategic Alliances With BGauss Auto, Fin Coopers Capital, And Prosparity
- By MT Bureau
- March 17, 2025
Manba Finance Limited, a NBFC, has announced a strategic alliance with BGauss Auto, Fin Coopers Capital and ProsParity to drive a shift towards sustainable mobility and empower the aspirations of customers across the country.
The association with BGauss Auto will help Manba Finance Limited to financing the former’s electric vehicles (EVs), making it easier in turn to tap the growing green mobility market. The NBFC company claims to use technology to streamline lending such that it ensures efficiency and transparency. It is said to offer a range of financial solutions for new two-wheelers, three-wheelers, electric two wheelers, electric three wheelers, used cars and to small businesses.
The alliance with Fin Coopers Capital in vehicle financing would offer Manba Finance the opportunity to leverage the former’s expertise in investment and capital management.
The association with ProsParity, on the other hand, will provide the company access to an advanced digital platform that streamlines credit flow and enhances loan processing.
Monil Shah, Executive Director and Chief Business Officer, Manba Finance Limited, said about the development: “Our partnerships with BGauss Auto, Fin Coopers Capital, and ProsParity will help us to strengthen our commitment to delivering innovative and accessible financial solutions. These partnerships enable us to expand our reach, enhance our offerings, and support communities across India with efficient, transparent, and socially responsible services. Together, we aim to empower individuals and businesses, driving positive change and fostering long-term growth."
Tata Motors Partners HPCL For Recycling Of Used Automotive Lubricants
- By MT Bureau
- May 26, 2026
Hindustan Petroleum Corporation (HPCL) and Tata Motors have signed a Memorandum of Understanding (MoU) to launch a pilot project for the collection and recycling of used automotive lubricants.
The partnership seeks to establish an organised collection and transport system for used lubricants, which are classified as hazardous waste. Under the agreement, the collected waste oil will be sent to registered facilities for re-refining into base oil. This initiative is designed to support compliance with India’s Extended Producer Responsibility (EPR) regulations and reduce the environmental hazards associated with improper oil disposal.
The pilot program will be introduced across selected states and will be monitored by a joint committee composed of representatives from both companies. HPCL will manage the aggregation and logistics of the waste oil through its established collection mechanisms. Tata Motors will utilise its network of over 4,500 sales and service touchpoints across the country to collect used lubricants from vehicles during maintenance.
Ch Srinivas, Executive Director of Lubes at HPCL, said, "Achieving true circularity in used oil begins with reintegrating re-refined base oil into finished lubricants. Our collaboration with Tata Motors is a significant step towards building a scalable model for used oil circularity and reducing the carbon footprint across operations."
Vikram Agrawal, Head of Parts and Services, Tata Motors, said, "Used automotive lubricant, if not handled responsibly, can cause long‑term environmental harm. Addressing this challenge calls for credible partners, clear processes and the ability to operate at scale. HPCL has been a trusted partner to Tata Motors across multiple dimensions, and this collaboration allows us to take a meaningful step towards organised and responsible recycling. With the combined strengths of both organisations, we believe this pilot can help establish a robust foundation for wider industry adoption."
- Automechanika Dubai
- Dubai Exhbition Centre
- DEC
- Tommy Le
- Hankook & Company
- Hanon Systems
- National Paints
Automechanika Dubai To Relocate To Dubai Exhibition Centre In 2026
- By MT Bureau
- May 14, 2026
Automechanika Dubai, one of the leading automotive aftermarket exhibitions, has announced that its 2026 edition will move to the Dubai Exhibition Centre (DEC) at Expo City. The event is scheduled to take place from 10–12 November 2026, marking a shift from its previous venue to accommodate growth in the automotive aftermarket sector.
The relocation follows the 2025 edition, which recorded 50,308 visitors and 2,273 exhibitors. The new venue at DEC will offer 110,000 sqm of space, allowing for more international pavilions and product sections. The site is located near Al Maktoum International Airport and Jebel Ali Port, aligning with the D33 economic agenda to enhance Dubai's role as a logistics hub.
Market analysis suggests the Middle East and Africa automotive aftermarket will reach a value of USD 87 billion by 2034. This growth is linked to an increase in vehicle numbers, digitalisation of supply chains, and electrification. Several companies, including Hankook & Company, Hanon Systems and National Paints, have confirmed participation for the 2026 event.
Tommy Le, Show Manager, Messe Frankfurt Middle East, said, “Our move to the Dubai Exhibition Centre in 2026 is closely aligned with Dubai’s D33 economic agenda, which places trade, investment and global competitiveness at the heart of the Emirate’s long-term vision. As the future epicentre for mega events and international business gatherings, DEC represents the next phase of Dubai’s evolution as a world-leading exhibition and logistics hub.”
The 2026 exhibition will maintain its focus on sustainability, electrification, and innovation. Features such as Innovation4Mobility, Fleet FWD and the Automechanika Dubai Awards will continue at the new location to support knowledge exchange and industry partnerships.
Motul India Introduces IPONE Lubricant Range For Premium Two-wheelers
- By MT Bureau
- May 13, 2026
Motul India has launched the French lubricant brand IPONE in India. The company is positioning IPONE as a motorcycle-dedicated brand to connect engineering with the identity of riders. The brand uses a visual identity influenced by Japanese culture and Manga to target adventure, off-road and track racing segments.
The product hierarchy is organised via a judo belt progression system to categorise lubricants by riding intensity.
The Black Belt Racing range, led by the Shogun flagship, uses PAO and Ester-based technology for track use.
The Blue Belt Sport range consists of synthetic oils for road and off-road engines, while the Green Belt Advanced range offers semi-synthetic formulations for daily use. The Yellow Belt Standard range provides lubricants for commuting.
IPONE is supported by the industrial and distribution network of Motul. The company reports that synthetic oils represent 25 percent of its sales in India.
Nagendra Pai, CEO, Motul India & South Asia, said, "Motul has built its global authority on the science of performance lubricants. A premium and synthetic oils alone account for a quarter of our sales, and that foundation is non-negotiable. As a leading player in the category, we see a strong shift towards younger riders who are passionate about adventure riding, off-roading and performance-led experiences. IPONE launch sits at the intersection of two things we are deeply committed to: bringing the best lubrication technology to market, and premiumisation that is meaningful, not cosmetic. To support this, Motul's distribution network, both offline and online, is stronger than it has ever been, giving IPONE the reach to meet these riders wherever they are.”
The market rollout will begin across 6 core and 14 regional markets.
IPONE currently serves as the lubricant supplier for the Red Bull MotoGP Rookies Cup and the MXGP Championship. Through this launch, Motul India aims to increase its share in the motorcycle engine oil segment.
ZF Aftermarket Sees High-Growth Path In India
- By Nilesh Wadhwa
- May 07, 2026
German technology supplier ZF continues to be upbeat on the potential growth in the Indian aftermarket segment. In a recent comprehensive briefing on the shifting dynamics of the automotive aftermarket, Philippe Colpron, Head of ZF Aftermarket and Executive Vice President of ZF Group, shared his views on the Indian market, bridging cutting-edge digital solutions with deep-rooted local industrialisation.
In CY2025, ZF’s global aftermarket revenue reached an estimated EUR 3.5 billion (with a broader EUR 4.8 billion impact across the ZF Group), Colpron highlighted India as a cornerstone of the company’s ‘Mobility Uptime’ vision.
He noted that India’s transition into a self-sustainable world economy has made it a ‘very special market’ for ZF, where the company has maintained a presence for over 60 years.
“India is a very strong country – not just in culture and people, but also as a strong world economy. Becoming self-sustainable as a digital hub where multinationals have established themselves is creating an evolution of its economy and its people, leading to massive growth in infrastructure and mobility,” Colpron said.
A key highlight of ZF’s strategy is the expansion of its digital platforms. Following a successful European rollout for SACHS and WABCO, ZF has extended its CorExpedia platform to include ZF and TRW parts.
Colpron noted that while India remains primarily a ‘repair market’ today, he indicated that CorExpedia could be introduced as the market matures toward remanufacturing.
“With the growth of connected vehicles, the use-cases are changing,” Colpron remarked. He also pointed to the successful response to ZF MultiScan, the company's new multi-brand diagnostic tool and the expansion of the ZF [pro]Tech network, which now counts over 400 workshops in India.
Furthermore, ZF is banking on a ‘higher share of local industrialisation’, which is further set to accelerate between the second half of 2026 and 2028. The company’s portfolio already covers between 14-95 percent of automotive segments in India, ranging from two-wheelers to heavy-duty trucks.
Colpron expressed that he was ‘positively surprised’ by current coverage and expects the 2026 fiscal year to perform better than initial estimates.
Responding to the impact of electrification in the aftermarket segment, Colron pivoted from hardware to the human element. He noted that the challenge for workshops isn't just the battery, but the high-voltage systems and extensive software.
“It is important to make the mechanics and workshop comfortable to handle the EVs, so that they don’t lose out on business tomorrow,” he explained. “They need training, awareness, and education. We want to make sure our partners have a profitable business; that is a key driver for us.”
Despite the market's price sensitivity, Colpron remained firm on quality. Whether dealing with new high-value vehicles or legacy parts, the specification remains identical.

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