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<ul><li><keyword id="538976" type="COMPANY" weightage="20" keywordseo="JK-Tyre-Industries">JK Tyre &amp; Industries</keyword> ropes in <keyword id="9075" type="PERSON" weightage="20" keywordseo="Narain-Karthikeyan">Narain Karthikeyan</keyword> as Brand Ambassador.</li><li> He will be the face of the brand to exemplify the company’s quest of driving innovation and excellence in the industry.</li></ul><keyword id="876787" type="COMPANY" weightage="20" keywordseo="JK-Tyre-Industries-Ltd">JK Tyre &amp; Industries Ltd</keyword> has assigned Padma Shri Awardee and India’s first <keyword id="9080" type="POSITION" weightage="20" keywordseo="Formula-One-driver">Formula One driver</keyword> Narain Karthikeyan as its brand ambassador. He will be the face of the brand to exemplify the company’s quest of driving innovation and excellence in the industry. In alignment with its brand values and strategy, <keyword id="45666" type="COMPANY" weightage="20" keywordseo="JK-Tyre">JK Tyre</keyword> has found an embodiment of trust, and high performance in Narain Karthikeyan. The highly admirable Narain, a legend for the Indian motorsport enthusiasts, personifies the commitment of the brand towards greatness, quality and technological innovations in their products and services. Commenting on the association, Dr. Raghupati Singhania, Chairman &amp; Managing Director, JK Tyre &amp; Industries said, “We are delighted to have Narain Karthikeyan represent JK Tyre brand in the country. Narain is committed to a large community of motorsports in India and his excellence aligns perfectly with the vision of JK Tyre. With his enigmatic persona, we hope to further enhance and strengthen the brand while building greater visibility.” Expressing excitement on the collaboration, Narain Karthikeyan said, “I am proud to be associated with one of the most respected and pioneer brands. JK Tyre has achieved great milestones in the past with its unwavering commitment towards delivering best in class products and services and I’m eagerly looking forward to embarking on this exciting journey together with JK Tyre brand.” Narain Karthikeyan is the first racing driver to make his debut in Formula 1 from India in 2005. In his career, he has competed in A1GP, Le Mans Series and won multiple races in A1GP, British F3, World Series by Nissan, AutoGP, Formula Asia, British Formula Ford &amp; Opel series.

India’s first F1 driver, Narain Karthikeyan to represent JK Tyre across platforms

New Delhi, <keyword id="45666" type="DOMAIN" weightage="20" keywordseo="JK-Tyre">JK Tyre</keyword> &amp; Industries Ltd. has signed a Memorandum of Understanding (MoU) with the National Automotive Test Tracks (NATRAX) towards the development and polishing of <keyword id="10693249" type="UNKNOWN" weightage="20" keywordseo="wet-grip-test-track">Wet Grip Test Track</keyword> at NATRAX Pithampur, Madhya Pradesh. NATRAX is one of the state-of-the-art automotive testing and certification centers under NATRIP, a flagship project of the <keyword id="165278" type="COMPANY" weightage="20" keywordseo="Ministry-of-Heavy-Industries">Ministry of Heavy Industries</keyword>, Government of India. NATRAX consists of 16 test tracks, covering aspects such as speed, braking, off road, comfort, sustainability, noise, friction, etc. The Wet Grip Test Track will be used to test the safety aspect of tyres that includes Wet Grip as per ECE R117 regulation, Wet Braking, Peak Brake Force Coefficient (PBFC), etc. Commenting on the occasion, V.K. Misra, <keyword id="167579" type="PERSON" weightage="20" keywordseo="technical-director">Technical Director</keyword>, <keyword id="158971" type="DOMAIN" weightage="20" keywordseo="JK-Tyre-and-Industries">JK Tyre and Industries</keyword> said, "We are honoured to be part of the government's flagship project towards building competencies in the automotive sector that are at par with the global standards. We have been working towards driving innovation and tech-excellence in the Indian tyre industry. With our experience and expertise, we are rightly placed to lead this project with NATRAX." Upon completion, JK Tyre will be testing its future range of revolutionary products at the Wet Grip Test Track located at NATRAX Pithampur. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-ratan-tata-and-anand-mahindra-might-come-together-for-indias-new-national-hydrogen-mission/articleshow/80645570.cms">Mukesh Ambani, Ratan Tata, and Anand Mahindra might come together for India’s new National Hydrogen Mission</a> <a href="https://www.businessinsider.in/stock-market/news/indigo-paints-shares-listed-at-2607-which-is-at-75-premium-to-the-set-price-band-at-1488-1490-per-share/articleshow/80643645.cms">India’s fifth-largest paint maker Indigo Paints IPO lists at 75% premium over the issue price</a>

J&K Tyre partners with National Automotive Test Tracks for the testing of its products

<ul><li>The 30-share BSE index Sensex was down 250 points, and the NSE Nifty was trading 0.67% lower at 9:55 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market indices opened on a choppy note on Thursday, tracking weak cues from the global markets as negotiations continue to drag over the stimulus package in the US. The 30-share BSE index Sensex was down 250 points, and the NSE Nifty was trading 0.67% lower at 9:55 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finserv </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr Reddy </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Britannia </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Cipla </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finance </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ICICI Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hindalco </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td></tr></tbody></table>*as of October 22, 09:55 am These are the top stocks in news today. Zee Entertainment Enterprises (ZEEL) up over 2% The shares of Zee Entertainment Enterprises (ZEEL) gained over 2%, a day after the company unveiled a major strategic restructuring to focus on revenue maximisation and foray into newer territories. Vedanta shares gain 3% Vedanta shares trade 3% higher ahead of the board meeting, which is scheduled to meet on October 24 to consider and approve the first interim dividend for FY21. GMM Pfaudler trades 1% higher Even in the volatile market, the shares of GMM Pfaudler were trading one percent higher. The company has reported a 29.14% jump in its consolidated net profit to ₹26.85 crore for the second quarter ended September 30. KPIT Tech shed over 3% The software technology company KPIT Tech shed over 3% after the company reported a 2.5% fall in its net profit to ₹27.8 crore for the quarter ended September 30. JK Tyre shares gain 6% The shares of tyre major JK Tyre gained over 6% during the morning trade on Thursday after the company reported strong QoQ growth in Q2. The company reported a net profit at ₹109.68 crore against the loss ₹204.17 crore in the first quarter. Bajaj Finserv trades 2% higher The shares of private lender Bajaj Finserv rose over 2% after it reported a 5.8% jump in its total income to ₹15,051.59 crore during the second quarter ended September 30. However, its consolidated net profit fell 18% to ₹986.29 crore. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/former-tesla-cio-raises-150-million-for-his-saas-automotive-retail-startup-enters-the-unicorn-club/articleshow/78800958.cms" data-type="tilCustomLink">Former Tesla CIO raises $150 million for his SaaS automotive retail startup, enters the unicorn club</a> <a href="https://www.businessinsider.in/business/corporates/news/kumar-mangalam-birla-says-cement-industry-is-recovering-and-analysts-find-evidence-of-it-outside-ultratech-too/articleshow/78791281.cms">Kumar Mangalam Birla says cement industry is recovering and analysts find evidence of it outside UltraTech too</a> <a href="https://www.businessinsider.in/business/startups/news/uber-bus-pradeep-parameswaran-says-india-and-apac-will-follow-egypt-success/articleshow/78788982.cms">Uber Bus in India soon? Head of Mobility in APAC says he is ready to import the Egypt experiment</a> <a href="https://www.businessinsider.in/india/news/sadhguru-advice-government-should-give-tax-relief-for-sustainable-businesses/articleshow/78790522.cms">Sadhguru’s advice: Government should give tax relief for sustainable businesses</a>

Top stock movers — Vedanta, JK Tyre, GMM Pfaudler, Bajaj Finserv, Wipro, HCL Tech, Dr Reddy and others

Zee Entertainment, Axis Bank, JK Tyre and other stocks to watch out for on May 20

New Delhi, May 13 () JK Tyre &amp; Industries on Wednesday said it has developed a hand sanitizer as part of its efforts to combat coronavirus pandemic in the country.The product goes by the brand name 'Total Control Hand Sanitizers' which has been developed at the company's technology centre in Mysuru, Karnataka, it said.The product has been developed as per the guidelines issued by WHO, and acquired all the necessary approvals and licenses within a record time period of eight days, JK Tyre said."The JK Tyre hand sanitizer is our latest contribution towards ongoing relief measures of the government in countering the pandemic," JK Tyre &amp; Industries Chairman and Managing Director Raghupati Singhania said.The company is producing the hand sanitizers at its Kankroli facility in Rajasthan. MSS RUJRUJ

COVID-19: JK Tyre comes up with a hand sanitiser brand

New Delhi, Apr 7 () In a bid to support the country's fight against COVID-19, JK Tyre and Industries Ltd on Tuesday said is providing food supplies to over 10,000 daily earners and migrants in every region, besides organising health camps in 25 villages in the vicinity of its manufacturing facilities across India. The company, in a statement, said it is extending support to government officials, police department and government hospital employees with packed food and drinking water with the help of NGOs.Already, more than 50 plus medical camps have been set up in several villages to conduct first-level screening for COVID-19 symptoms among citizens and awareness drives were conducted for 5,000 truck drivers, suppliers and vendors.Additionally, district health departments have been provided with ambulance, safety materials, masks, soaps and hand gloves. Isolation wards have been created near the plants and infrastructure support is being provided at primary health centers, it added.Further, the company has also set up a Corona Task-Force to undertake measures for supporting the needs, health and well-being of colleagues, partners, and their families.Initiatives like virtual training sessions and interactive webinars with medical experts are being organised to help them cope with the impact of COVID-19, it added."We all are faced with an unprecedented challenge and the world has become as one community in its efforts towards arresting the spread of COVID-19," JK Tyre and Industries Chairman and Managing Director Raghupati Singhania said. While the company is ensuring the safety of employees, there is a large section of society that remains deprived of basic facilities, he said adding that JK Tyre is humbled to play its part in the relief efforts aimed towards the marginalised communities.Among other steps, the company said it has fumigated nearby villages covering more than 25,000 people, distributed more than 20,000 hand sanitizers and masks, created awareness about safety precautions in more than 150 villages through door-to-door visits, banners and posters at prominent locations and public address systems. LUX SHW RUJRUJ

JK Tyre provides food supplies to over 10k migrants, daily workers

New Delhi, Jan 30 () JK Tyre &amp; Industries on Thursday reported a 61.8 per cent decline in its consolidated net profit at Rs 10.27 crore for the third quarter ended December 31, 2019.
 The company had posted a net profit of Rs 26.89 crore for the October-December period of 2018-19.
 Total income rose to Rs 2,207.07 crore for the period under review as compared with Rs 2,741.73 crore for the same period of previous fiscal.
 "It was indeed a challenging quarter for the automotive industry. Passenger and commercial vehicles have witnessed a drastic cut in production," JK Tyre Chairman and Managing Director Raghupati Singhania said in a statement.
 The company has dealt with this difficult situation by focusing on replacement sales and exports, he added.
 JK Tyre shares on Thursday ended 7.33 per cent down at Rs 77.75 apiece on the BSE. MSS SHW
SHW

JK Tyre Q3 net dips 62 pc at Rs 10 cr

New Delhi, Jan 6 () JK Tyre &amp; Industries expects exports to grow around 50 per cent in the ongoing fiscal to clock over Rs 800 crore, which along with domestic replacement market will help offset decline in direct sales to automobile makers, according to a senior company official.
 Due to the ongoing slump in the Indian automobile sector, the company has seen contribution from Original Equipment Manufacturer (OEM) segment to its overall sales decline to around 20 per cent from an earlier 32-33 per cent.
 "We could actually combat that slowdown in OEMs (sales) to a large extent through increase in sales in the replacement market and exports," JK Tyre &amp; Industries CFO Sanjeev Agarwal told .
 For example, he said in December JK Tyre's exports have gone up by more than 40 per cent and in the replacement market it grew by 18 per cent.
 "Similarly, in the first nine months, the growth has been very good in the export market segment and also in replacement market. These have become a saviour for us and we could actually turn around the situation of decline in the OEM segment," he added.
 Elaborating, Agarwal said in the first nine months, exports have grown by around 40-45 per cent resulting in revenue clocking over Rs 800 crore as compared to Rs 550 crore in the same period last fiscal.
 In the replacement market, he said the company has clocked "double digit" growth without sharing absolute numbers.
 On the outlook for the ongoing fiscal he said,"Definitely in the export market we will register almost about 50 per cent growth. In domestic market also we are expecting 12-14 per cent growth."
 These will basically offset loss of sales in the OEM segment, he said adding "OEM has come down from about 32-33 per cent last year to about 20 per cent this year."
 Agarwal said the company has also gained from anti-dumping duties imposed on Chinese tyres in the US, which is "a very important market where we have expanded our distribution network with specific products launched for the market".
 Also, in the domestic market Chinese imports have come down substantially in the last couple of years due to anti-dumping duty and anti-subsidy duties, which was levied last year thereby helping domestic manufacturers, he added.
 "In this year this (Chinese imports) will go down by around 3-5 per cent," he added.
 On the outlook for fiscal 2020-21, he said,"We are seeing green shoots in the auto sector...OEM segment will come back and this will pick up. We will continue to focus on the segment of exports and replacement market in the new financial year as well."
 On the export front, he said JK Tyre has been focussing on Europe, the US and some of the Middle East markets which will help it in further increasing overseas shipments.
 The company has also started making groundwork for plans to enter Africa, which is still a bit away, Agarwal added. RKL ANU

JK Tyre bets big on exports, replacement market to beat auto sales slump

CHENNAI: Tyre major <keyword id="64876" type="COMPANY" weightage="20" keywordseo="JK-Tyres">JK Tyres</keyword> is focusing on expanding its export footprint using its plant in <keyword id="3746" type="COUNTRY" weightage="60" keywordseo="Mexico">Mexico</keyword> to drive volumes in the car segment as part of which some New York cabbies are have now started using the Indian brand for the first time. The tyre market leader has been pushing after-market sales and exports in an effort to make up for the slowdown in the domestic car market, said top company officials. 
 “Our export focus has helped us to grow our exports 23% in financial year 2013-14,” said Arun Kumar Bajoria, president, JK Tyres. “Including our JK Tornel Mexico exports, our consolidated exports are worth Rs 1605 crore in the just ended fiscal, up 20%.” The Mexico arm has also landed JK it’s first presence in the New York cabbie market. “We have added <keyword id="46283" type="CITY" weightage="40" keywordseo="Nissan">Nissan</keyword> and <keyword id="6361865" type="CITY" weightage="40" keywordseo="Volkswagen">Volkswagen</keyword> as OEM clients from our Mexican operations as a result of which New York Nissan cabs have started using made in Mexico JK tyres for the first time,” said Bajoria. “We have added five new export markets last fiscal and we now have a presence in over 100 markets,” he added. 
 
Improved exports, a bigger share of after-market sales and a significant softening of raw material prices has helped JK turn in its highest ever profit with a 29% increase in net profit to Rs 263 crore in FY13-14. Natural rubber prices have hovered in the region of around Rs 148-149 per kg for most of last fiscal and is currently range bound at below Rs 150/kg. Other critical inputs like carbon black and synthetic rubber prices are also down though nylon fabric and crude oil are up. “The effect of raw material prices is in the range of around 3% but raw materials constitute about 70% of the net sales price so their actual impact works out to just over 2%,” said Bajoria. 
 
The drop in car production has hit OEM demand for tyres so most tyre companies have been working on exports and replacement demand. “We have increased our share of the domestic replacement markets in each category from truck and bus radials where at 34% we are market leaders to light commercial vehicles, car radials, farm tracks and off the road tyres,” said Bajoria. The perky growth in tractor demand has also led to a renewed focus on that market. “It’s a focus area for us and we have doubled our capacity in 2013-14 to more than 230,000 units a year now,” he added. 
 
Currently the OEM and replacement plus export market split in radial tyres is around 50:50 while in truck radials the split is 81:19 in favour of replacement/export markets. JK is currently investing Rs 1430 crore in its Sriperumbudur plant near Chennai to add 800,000 units capacity to its truck and bus radial production taking its capacity to 12 lakh units. It is also adding 15 lakh units in car radial capacity to take its total production capacity to 45 lakh units in Chennai. “Our total tyre capacity across all plants is 23 lakh truck and bus radials and 97 lakh car radials,” said Bajoria.

JK Tyres To Up Exports With Mexico Plant

New Delhi, Apr 19 () An "integrated effort" with help of the RBI's monetary policy and the government's fiscal policy coupled with a close coordination of the Centre and states is needed to "put things on track and restore normalcy" as soon as possible, according to JK Organisation Director Harsh Pati Singhania. Stating that the recovery process would start from the front end with the consumers start purchasing, Singhania urged the government to help the people bring their confidence back with more direct cash transfers and other measures to help the industry pay wages. "It has to be an integrated effort which would be done with help of monetary policy of RBI, the fiscal policy of the government coupled with a close coordination of the centre and state in a federal structure which help put things back to on track and restore normalcy at soon as possible in these unprecedented times," Singhania, director of JK Organisation, told . Over the measures announced by the Reserve Bank of India (RBI) on Friday, Singhania said it could also have helped the industry particularly micro, small and medium enterprises (MSMEs) with easy and low interest loans as it was linked to the livelihood of several people. "It's not only about restarting production and business but it's also about restoring the livelihood of people. Without adequate earnings and availability of cash in hand, there would be no demand and consumption; in the absence of which the economy would not take off or be stable," he said. Over the impact on the indian industry, he said that definitely the April-June quarter has been impacted and the July-September quarter may also be affected. According to him, it would be different from sector to sector as some would recover faster but there would be some, like the service sector, which would take longer time to comeback. "But, it's quite clear that if you look at Q1/FY21, there would certainly be an impact because of lockdown, activity is affected in April. Even in May, they will pick up gradually. Definitely, Q1 (first quarter of the current financial year) is going to be affected. I think that Q2 may also be affected as some businesses would have a deeper impact or a continued impact and some businesses may be able to get to a quicker recovery. But, I do not know whether any business will be back to almost normal in Q2," he added. On being asked as to whether it would impact the entire first half (April-September) of the ongoing fiscal, Singhnia said: "Yes, because there would be a gradual opening of the economy. It's not the matter of manufacturing units starting up or a company starting up. The entire ecosystem has to function at the same level as dealers, distributors and the demand by the consumers. "They (consumers) would have to buy at the same level before the shutdown happened," he said adding that "there would be disturbance. Obviously, Q1 would be more severe than Q2, in which the business would start coming back depending on the nature". Though the government is asking the industry to pay the wage of the employees, it should also compensate some part of that. "All the economies in the world are doing this and we would have to resort to this, otherwise the economic impact would be so enormous and very difficult. It's not only the business, it's matter of job and livelihood," he said adding that the "lockdown was absolutely necessary but now we have to get back to track". JK Organisation is a USD 4-billion Indian manufacturing conglomerate with 47 manufacturing facilities of products like tyre, paper, cement, auto components, dairy, and agriculture products. The company has already re-started production in some units where it has received approvals from the authorities, he said. Last week, Prime Minister Narendra Modi announced the extension of the lockdown till May 3. KRH HRS

Need an integrated approach to restore normalcy post lockdown: JK Organisation's Singhania

Passion exceeds everything and this was proved right by the students of the <keyword id="44216" type="ORGANIZATION" weightage="20" keywordseo="Aligarh-Muslim-University">Aligarh Muslim University</keyword> (AMU) who overcame all odds and designed a racing car, which was even chosen for a premier racing event in the UK. 
 
The group of engineering students- also known as the SAE-ZHCET Collegiate Club- faced a lot of financial constraints as no one was ready to fund them. But, nothing deterred them to realize their dreams and despite lack of modern tools and technologies, they designed a racing car, which was built at a minimal amount. The group did not disclose the exact amount. 
 
Specifications 
 
 
 The racing car is one of a kind. It has a maximum speed of 120 Kmph and runs on a <keyword id="20630" type="CITY" weightage="20" keywordseo="Honda">Honda</keyword> Cbr 250 cc engine that has been improved and totally customized using Bazzaz Engine Management System for better traction. 
 
The car is clutchless, which helps in improving lap timings. The cooling system, or the radiator, and exhaust system of the car has been completely designed and engineered by the team itself. 
 
The team also designed its own plenum for fuel combustion. The body of the car is made of carbon fibre, includes a tubular space-frame chassis, and has been made aerodynamic so as to reduce the drag forces on the vehicle. 
 
Fund crunch 
 
Areeb Mahmood, secretary of the club, said getting funds was the real issue. “Investors are skeptical before investing as the idea is not that viral in India yet. We are new and couldn’t get many sponsors. AMU did as much it could, like providing technical support as well as financial. But a racing car needs more than that.” 
 
Mahmood told the team faced many challenges during the international racing event in UK but the team came up with innovative ideas to get the problems solved. 
 
“We were facing financial issues when we decided to participate in the international event. After we were done with the car, we didn’t have much money left and we still had to take our car. So we traveled on our own money so as to cut down the expenses. We also dismantled the car and sent it to UK in pieces so as to save some money. Then we had to reassemble it there,” said Mahmood. 
 After a lot of struggle, the group was backed by Paytm, including AMU Alumni Associations of Jeddah, Qatar, Riyadh, Aaane, <keyword id="3807928" type="UNKNOWN" weightage="20" keywordseo="zhcet">ZHCET</keyword> Alumni Association. The group also attributes its success to Professor (Retd) Ziauddin, who played a crucial role in helping the team during the UK event. 
 
“We still have scope for improvement in the car but we can’t afford that right now. Getting good sponsorships in a small city has always been difficult but we are trying hard to get big names associated with us,” said Faizan Anwar, Vice-Chairman of the club. 
 
Efficycle 
 
 
 
Apart from the racing car, the group has also built an efficycle, a hybrid vehicle that operates on paddle as well as electric power. 
 
The efficycle model was ranked seventh in the All India event in Jalandhar and also won second prize in acceleration section of the efficycle event. 
 
Accolades 
 For its racing car, the team was ranked 55th in its first completion at <keyword id="1753008" type="UNKNOWN" weightage="20" keywordseo="supra">Supra</keyword> 2014 and in 2015, they ranked 19th in Formula Student India. 
 
In 2016, they were selected for an international event in UK. They also stood first in the National Cost Event and 31st worldwide. 
 They have also won the award of most popular car award by <keyword id="6381883" type="ORGANIZATION" weightage="20" keywordseo="jk">JK</keyword> tyres. 
 
The team is looking forward to participating in an event -Formula Bharat in Kari Motorway, Coimbatore, soon.

These students of Aligarh Muslim Univ built a racing car which made its debut at a UK racing event

New Delhi [India], December 21: While making significant strides in various sectors, there are leaders in India who are standing out for their work worldwide. The "Global <keyword id="397956" type="General" weightage="20" keywordseo="indian-leaders" source="Orion">Indian Leaders</keyword> 2023" list curated by World Brand Affairs has featured leaders from across the country who are known for their innovative, resilient, and persistent approach to functioning in their respective industries. These people are heading towards new heights and establishing standards for excellence. The list honors their outstanding efforts and accomplishments which have propelled their companies to unbound success. Their inclusion in the list highlights their exceptional abilities to navigate challenges, adapt to changing market trends, and consistently deliver groundbreaking results. Gaurav Munjal, CEO of Unacademy Gaurav Munjal is the co-founder and CEO of Unacademy, India's largest online learning platform. With a vision to democratize education, Munjal pioneered Unacademy's growth, transforming it into a leading ed-tech powerhouse. His innovative leadership has revolutionized accessible and quality education, empowering millions of learners across the globe. Kunal Shah, Founder of CRED Kunal Shah is the founder and CEO of CRED, a fintech startup revolutionizing credit card payments in India. As a serial entrepreneur, Shah previously founded FreeCharge, later acquired by Snapdeal. His innovative approach to creating rewarding credit experiences has helped CRED to redefine credit card usage while fostering financial literacy. Ashish Hemrajani, Co-founder and CEO of BookMyShow Ashish Hemrajis the co-founder and CEO of BookMyShow, India's leading online entertainment ticketing platform. Hemrajani's unique idea revolutionized the way people book tickets for movies, events, and live performances. His ingenious leadership transformed BookMyShow into a cultural phenomenon, reshaping the access to entertainment industry across the country. Fardin Sheikh, Managing Director at Wizence Group Fardin Sheikh is a seasoned professional with over 25 years of exemplary leadership experience, earning him recognition as a Distinguished Digital Transformation Leader. His dynamic career spans across various roles, showcasing a remarkable blend of strategic vision, project management acumen, and a strong commitment to driving digital innovation. Pariksha Rao, Founder of NuWe Starting as a Clinical Nutritionist, Pariksha Rao has morphed into various roles with the intent to help demystify and democratize healthcare. From maternal well-being to fetal health and tailored nutrition for weaning kids to teens, her work has helped impact over 200,000 lives over nearly two decades of her career. She continues to amplify her impact with NuWe. Poojaa Choprah, CEO and MD of Felix Impex Poojaa Choprah, a visionary CEO &amp; MD of Felix Impex Pvt Ltd., and founder of PNA ORIGINE, is renowned for strategic business acumen and market expansions. A trailblazer in entrepreneurship, her global fashion insights, artistic fervor as a Kathak dancer, and bespoke training expertise redefine success, weaving innovation and cultural fluency into her vibrant career. Amandeep Kaur Khangura, Director of Tru Prime Amandeep is a Canadian born entrepreneur who moved to India in 2011, and acquired Indian Citizenship to follow her passion to bring social empowerment in rural Punjab. During her time in Canada, Amandeep chaired HR &amp; Finance for a $500M project. Currently, in India, she operates Majara Dairy Farm which has 2,600 livestock and is the largest dairy farm operator in Punjab and one of the largest in India. Pt. Dr Sanjeev Kumar Srivastava, Nadi and Vedic Celebrity Astrologer Renowned globally as a luminary in Nadi and Vedic astrology, Pt. Dr. Sanjeev Kumar Srivastava is celebrated across 70+ nations for his remarkable precision in predictions &amp; teaching Nadi Astrology. With an illustrious career spanning 27 years, his astonishing success rate of 95-97% and expertise in Nadi Nakshatra Sutras exemplify his command in the celestial arts. Dr Prachiti Punde, Director of Proluxe Dr Prachiti Punde is a powerhouse in Integrated Medicine, Director of Proluxe Pvt Ltd, and Mrs. Universe Tolerance 2021. She transforms health and lifestyle with an exclusive GLAMOWELL multi-experience centre and revolutionizes wellness with patented tools and a unique mobile app. Along with being a spiritually blessed child, she is also an Anesthetist and mindskills Trainer with 15+ books published. Sanju Pudyandil, Founder of Whitespace Brand Consulting Sanju Pudyandil, a luminary in brand management and marketing, launched Whitespace Brand Consulting after honing his expertise at Ray+Keshavan, presently Super Union. Renowned for orchestrating transformative corporate revamps, he spearheaded impactful makeovers for illustrious brands like Canara Bank, Trident Hotels, J&amp;K Bank, Punj Lloyd, CEAT Tyres, and Fair &amp; Lovely, among others. Stuti Galiya, Partner at Khaitan &amp; Co. Stuti, an esteemed Advocate and solicitor, serves as a Partner at Khaitan &amp; Co., excelling in mergers &amp; acquisitions, private equity, corporate laws, commercial contracts, and foreign investments. Recognized as the "Luxury Retail Lawyer of the Year 2023" by APAC Insider, her expertise in the luxury retail sector marks her as an ingenious leader in the Asia-Pacific legal domain. Srividhya, Founder of HITECH Engineering Solutions (India) Srividhya, founder of HITECH Engineering Solutions (India) holds a deeply rooted legacy in Construction since 1998. Her indomitable optimism defied industry challenges, establishing a prominent platform despite male-dominated norms. Under her guidance, the company thrives as a certified SSI unit with ISO 9001:2015, ISO 14001:2015 &amp; OHSAS 4500: 2018 qualifications, renowned for cost-effective solutions nationwide and across Asia. Debabrata Sarkar, CMD at MicroAlgae Solutions Debabrata Sarkar is an agricultural innovator with 26+ years of global experience. Armed with a BCKVV agriculture degree and IIM Kolkata alumni status, he led strategic units for esteemed firms in Asia Pacific. He is currently serving as the CMD at MicroAlgae Solutions India Pvt Ltd, a subsidiary of AlgaEnergy Spain. Mogilipuri Krishna Chaitanya, Director at Wonder View Media As a Director at Wonder View Media Pvt Ltd, a CMPTL franchise specializing in IT services and Business Consulting, Mogilipuri Krishna Chaitanya facilitated substantial growth for his brother's business. With over 9 years of experience, he continues to excel as a Software Engineer at Tata Consultancy Services (TCS) and has made significant contributions to tech giants like Apple, Google, and more. Subhajit Banik, Founder of Birdlens Creation Subhajit ventured into photography in 2007 as a model, cultivating expertise in lighting and creative framing. Winner of the Glamhunt competition by ABP group in 2010, he founded Birdlens Creation in 2015. Specializing in wedding photography, Subhajit crafts timeless, emotive images reflecting couples' love and joy. Dr Rahul Mirchandani, Chairman &amp; Managing Director of Aries Agro Limited Dr Rahul Mirchandani, ranked among the 30 Most Innovative CEOs in India, has pioneered unique strategies to build 130+ Aries specialty crop nutrition brands. With a PhD in Management Studies, he teaches Marketing, Innovation, and Entrepreneurship across 50+ B-Schools. He plays key roles in CII's agriculture council, and key governmental panels and was the National Chairman of CII's Young Indians. Vinay Kumar Singh, Executive Director and CEO of Thomson Digital and Q&amp;I (India) Vinay Kumar Singh is the Executive Director and CEO of Thomson Digital and Q&amp;I, with over 30 years of industry expertise. He pioneered Thomson Digital in India and globally, founding associated companies and an education technology startup. Specializing in scientific and educational content, Vinay completed his Executive Training Programs at ISB Hyderabad. Saurabh Gupta, Founder &amp; CEO of Verismart.ai A 3-time entrepreneur and angel investor in 9 deep tech firms, Saurabh Gupta is now leading Verismart.ai which pioneer in blockchain-based Ad-tech/Data Interoperability platform with over 520M+ users data pipeline while ensuring privacy compliance. He also acquired dolphinchat.ai., and has been a speaker at 50+ global conferences talking about Blockchain and data privacy. Vikkas K Jha, Founder of Brand Kettle Vikkas K Jha, an ace marketing professional turned visionary entrepreneur, founded Brand Kettle amidst the pandemic. With expertise in Commercial Fitouts, Retail Roll-Outs &amp; experiential marketing, he expanded Brand Kettle's services, integrating 30+ brands, within 3 years. He is also driving impactful social change via the Brand Kettle Foundation's NGO initiatives. Atharva Bahadur, CEO of Drishti Pures Atharva Bahadur is the CEO of Drishti Pures in Lucknow. Under Atharva's leadership, Drishti Pures, a pioneering endeavor, engages abandoned, differently-abled children in producing Cold Pressed Oil and processing pure spices, aiming to foster self-reliance among them. Currently housing 260 abandoned children, Drishti remains the largest institution of its kind globally. Harsh Niwas, Manager Legal and Team Lead at Unitech Limited Harsh Niwas is an international consultant having more than 12 years of experience in the Real Estate and Mining industries. His expertise lies in project management, legal strategy, and stakeholder communication, delivering successful outcomes and operational efficiency. Known for strong leadership, negotiation, and collaboration skills, he ensures compliance and value creation within teams and organizations. Hussain Kalsekar, Founder and CEO of 366 DigitX Renowned for fostering enduring relationships with corporate decision-makers, Hussain Kalsekar has steered 366 DigitX to unparalleled heights. His client-centric approach has garnered him accolades globally. Recognized as one of the top 100 smartest digital marketing leaders by the World Marketing Congress, he was also recently honored among the Top 50 Global High Flyers and awarded as the Leader in Digital Marketing for 2023. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

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