The upgrade to BS VI technology has resulted in a price increase of around `4,420 over the BS IV model.

Priced at Rs 52.75 lakh to Rs 57.75 at pan-India showroom, the Mercedes GLC SUV comes in two options - GLC 200 and GLC 220d 4Matic.

The company is investing Rs 154 crore for now.

On Friday, the government data showed GDP growth for the second quarter has slowed down to a 26 quarter low of 4.5 per cent.

The Apache RTR 160 4V (drum) has been launched at Rs 99,950, while the RTR 160 4V (disc) has been priced at Rs 1.03 lakh.

With its mid-range bikes, the Jawa brand primarily competes with the archrival Royal Enfield the segment leader in the country.

This futuristic tech centre will play a key role in engineering, testing and developing cutting-edge powertrain solutions for all its products.

The new facility would have an installed capacity to produce 50,000 engine and tractors annually.

The Mumbai-headquartered company’s September quarter net profit stood at Rs 1,355 crore against Rs 1,778.8 crore in a year-ago period.

The joint venture will subsequently have similar scrapyards in different parts of the country.