Hero MotoCorp Launches 'Hero Xtreme 160R' In India

New Delhi, July 01, 2020

HERO MOTOCORP REVS UP ITS PREMIUM RIDE WITH THE DISPATCH COMMENCEMENT OF THE XTREME 160R

THE EAGERLY AWAITED MOTORCYCLE OFFERS AN UNMATCHED PACKAGE OF PERFORMANCE, FEATURES & STYLE 

·      CLASS-LEADING ACCELERATION - 0-60 KM/H IN ONLY 4.7 SECONDS

·      FIRST-IN-SEGMENT FEATURES – ALL-LED LIGHTS PACKAGE AND SIDE-STAND ENGINE CUT-OFF

Building on its focused strategy of creating a robust portfolio of premium products, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has commenced the dispatches of its eagerly-awaited new motorcycle – the Hero Xtreme 160R.

Adding a striking and powerful new chapter to the popular premium brand Xtreme, the Xtreme 160R further strengthens Hero MotoCorp’s presence in the premium motorcycle segment. With its successful XPulse and Xtreme motorcycle brands, the Company is geared-up to make a compelling appeal to youth across the globe.

Unveiled at the Hero World 2020 event, which was hosted at the Centre of Innovation and Technology (CIT) in the northern Indian city of Jaipur in February this year, the Xtreme 160R is inspired by the bold 1.R concept showcased at the International automotive show EICMA in 2019. The motorcycle offers an unparalleled mix of performance, sportiness and features, while boasting a muscular stance with an optimum mix of comfort and control.

The new Xtreme 160R will be available at Hero MotoCorp showrooms across the country at an attractive price point of Rs. 99,950/-* (Front Disc with Single Channel ABS) and Rs. 1,03,500* (Double Disc with Single Channel ABS).

*(both prices ex-showroom Delhi)

Malo Le Masson, Head of Global Product Planning, Hero MotoCorp, said “The Hero Xtreme 160R is a real Head-turner, cat like agility with power to weight ratio of a street racer, and tech-loaded with segment first features like the all LED package. This modern street fighter is targeting to win the urban race. With this latest model, we are now offering a compelling and competitive line-up of premium motorcycles, from Street Naked to Sport with the Xtreme 200S, from Adventure with XPulse 200 to casual Touring with the XPulse 200T.”

Naveen Chauhan, Head – Sales, After Sales & Parts, Hero MotoCorp, said, “Ever since the Xtreme 160R was showcased at the Hero World 2020 event, we have been getting a very high number of requests for its commercial launch. The initial response for the motorcycle has been very positive and we already have inquiries to match the dispatches. We are confident that the Xtreme 160R will help us in scaling-up our presence in the segment.”

The commercial launch of the Xtreme 160R will be accompanied by a 360* media campaign with the tagline – Heads will Turn, Hearts will Race! The campaign will focus on new-age digital platforms to engage with youth and build on the premium quotient of the brand.  

The Xtreme 160R has been designed and developed completely in-house at the Company’s R&D hub - the Center of Innovation and Technology (CIT) in the northern Indian city of Jaipur, Rajasthan.

HERO XTREME 160R

Class Leading Acceleration

Setting the bar for sportiness and real-world performance, the new Xtreme 160R comes with a 160cc air-cooled BS-VI Compliant engine that is powered by the XSens technology and advanced Programmed-Fuel-Injection. The Engine delivers an impressive power output of 15 BHP @ 8500 RPM. Joining the fast lane with a class leading acceleration - 0-60 km/h in 4.7 seconds - the motorcycle has one of the best power-to-weight ratios in its class, thanks to the low kerb-weight of 138.5kg.

Exceptional Handling

The new Xtreme 160R enjoys a commanding riding position with ergonomics engineered for the streets. The lightweight rigid diamond frame setup offers exceptional handling in the streets, while making it a corner happy machine at the same time.

The 37mm Telescopic Front Forks and a 7-step adjustable Rear Mono-shock Suspension setup is tuned for urban agility, providing precise handling and a smooth ride. Brakes with 276mm Front petal disc and 220mm Rear petal disc ensure that the rider is always in full control and confident of the stopping power. The 165mm ground clearance ensures the ride is hurdle free.

First-in-Segment Features

The new Xtreme 160R is paired with a first-in-segment all LED package, from a sculpted full LED headlamp with LED DRLs in front, to LED indicators with hazard switch and down to the rear H signature LED tail lamp. The inverted fully digital LCD display together with the first-in-segment side-stand engine cut off ensure the motorcycle is both technologically advanced and safe.

The head turner is available in two variants - Front Disc with Single Channel ABS and Double Disc (Front and Rear) with Single Channel ABS and three vibrant color combinations of Pearl Silver White, Vibrant Blue, Sports Red.  

For more information:

www.heromotocorp.com | FB: /HeroMotoCorpIndia | Twitter: @HeroMotoCorp

Here is a list of 5 films/ shows that will take you right back to joy and stress of first jobs!

Dreamt of a fancy desk but got a seat next to the photocopy guy? Envisioned the king life of delegating work but were saddled with endless presentations and number crunching? We’ve all had our unique first job experiences – be it saying all kinds of prayers before hitting the leave request or constantly complaining to HR about the flaky internet.

But the silver lining through it all has to be your favourite co-worker or work buddy, who makes even work seem like play at the end of day.

Here is a list of 5 films/ shows that will take you right back to the joy and stress of first jobs!

1.        Rocket Singh: Salesman of the Year – Harpreet Singh Bedi is a true example of a struggler who wants to make it big in his career. However - landing a job isn’t the difficult part, but surviving the first job is.  This film is a story of a fresh graduate trying to find a balance between the maddening demands of the 'professional' way, and the way of his heart.

2.       Basement Company – This series chronicles the lives of first jobbers Raj, Simran and Rahul who are forced into the basement of their office while it undergoes a major transformation to attract more business. The show is set in Gurgaon, wherein these three badnaseeb buddies are put in the wackiest situations as they try to regain their territory upstairs. While trying to achieve this, they are fighting their respective battles to achieve their dreams which lie beyond the four walls of this company as well as juggling friendships, relationships and their new lives at work. The 5 episodic series is streaming exclusively on MX Player, binge watch all episodes for FREE and catch its trailer now: https://bit.ly/BasementCompany_Trailer

3.       Guru – The film is about a villager, Gurukant Desai who arrives in Bombay 1958, and rises from its streets to become the GURU, the biggest tycoon in Indian history. The film also highlights Guru’s struggles while becoming the successful textile merchant. Motivation at its peak!

4.      Official Chukiyagiri – This is a story that depicts the life of every person who aspires to build his image in the corporate world but has to face unlimited problems and obstacles – obvio! It’s a story of an intern – Spandan Chukya, who has just started his internship at an MNC. He's very excited about his work and the people he's going to meet, but life didn't seem easy when he actually realized what he has to go through!

5.       Wake Up Sid–Well not every person is proactive or in Sid’s case – active. Similar is the story of Sid Mehra who is a young man living in Mumbai who benefits from the indulgence of his parents. After graduating from university, he makes a stab at working in his father's business, but lasts only a week. He then meets Aisha, an aspiring writer from Calcutta. Sid helps her get settled in the city and then wants to take things further -- but Aisha isn't interested because of Sid's slacker personality. Her rejection is what wakes Sid up and then the struggle to find an actual first job starts. 

अमरीका को शून्य उत्सर्जन ट्रैक पर लाने का रोडमैप आज होगा जारी

Embargoed until 7:30 pm today  

2050 तक  अमरीका को  शून्य उत्सर्जन  ट्रैक पर लाने का रोडमैप जारी

 अमेरिकी डेमोक्रेट ने 2050 तक कांग्रेस के द्वारा अमेरिका को पूरी तरह से शून्य उत्सर्जन के ट्रैक पर लाने के लिए एक रोडमैप जारी किया। जलवायु संकट पर हाउस सिलेक्ट कमेटी की रिपोर्ट महत्वाकांक्षी जलवायु नीतियों के एक सेट की मशविरा करती है - और नए मतदान से पता चलता है कि अमेरिकी 2050 तक 100% स्वच्छ अर्थव्यवस्था प्राप्त करने का समर्थन करते हैं और मानते हैं कि इसका नौकरियों और आर्थिक विकास पर सकारात्मक प्रभाव पड़ेगा।

क्लाइमेट क्राइसिस एक्शन प्लान (जलवायु संकट कार्य योजना) में नीतिगत मशविरे शामिल हैं, जैसे के:

• 2040 तक विद्युत क्षेत्र में शुद्ध-शून्य उत्सर्जन प्राप्त करने के लिए स्वच्छ ऊर्जा मानक लागू करना

• 2035 तक शून्य-उत्सर्जन कारों की 100% बिक्री और 2040 तक भारी-शुल्क वाले ट्रकों की बिक्री को प्राप्त करना

• 2030 तक सभी नए आवासीय और वाणिज्यिक भवनों को शुद्ध-शून्य उत्सर्जन करना

• कार्बन पर मूल्य लगाना

• क्लाइमेट-स्मार्ट खेती, कार्बन निष्कासन अनुसंधान और ऊर्जा भंडारण नवाचार में निवेश करना

• संघीय जलवायु और पर्यावरण नीति के केंद्र में पर्यावरण न्याय को रखना

26 जून को जारी नए मतदान से पता चलता है कि, बोर्ड भर में, अमेरिकी मतदाता एक स्वच्छ ऊर्जा भविष्य के निर्माण का समर्थन करते हैं:

• 71% अमेरिकी 2050 तक 100% स्वच्छ अर्थव्यवस्था प्राप्त करने का समर्थन करते हैं

• मतदाताओं का मानना है कि इस परिवर्तन का नौकरियों और आर्थिक विकास पर सकारात्मक प्रभाव पड़ेगा

• 67% मतदाता जलवायु प्रभावों से कम्युनिटीज़ ऑफ़ कलर की रक्षा करने का समर्थन करते हैं, 65% कार्बन टैक्स का समर्थन करते हैं, और 65% 2040 तक स्वच्छ स्रोतों से 100% बिजली उत्पन्न करने के लिए उपयोगिताओं की आवश्यकता का समर्थन करते हैं। 

• कारों और ट्रकों के लिए 73% मजबूत ईंधन दक्षता मानकों का समर्थन करते हैं

• मतदाता महामारी उत्तेजना प्रतिक्रियाओं में जीवाश्म ईंधन के बजाय स्वच्छ ऊर्जा के वित्तपोषण के लिए समर्थन करते हैं

• डेमोक्रेटिक उम्मीदवारों के पास कांग्रेस और राष्ट्रपति दोनों नवंबर की दौड़ों में बढ़त है

शहर, राज्य, व्यापार और निवेशक नेताओं ने जलवायु नीतियों को प्रेरित करने और स्वच्छ ऊर्जा अर्थव्यवस्था का निर्माण करने के लिए पिछले चार वर्षों में महत्वपूर्ण प्रगति की है। हाउस सेलेक्ट कमेटी की रिपोर्ट केंद्रीय शासन/सरकार को इन प्रयासों में शामिल होने और इसमें तेजी लाने के लिए नींव रखती है।

यूसी बर्कले गोल्डमैन स्कूल ऑफ पब्लिक पॉलिसी  के अमोल फड़के(पीएचडी) ने अपने हाल ही के एक अध्ययन में  लिखा है कि अमेरिका 2035 तक 90% स्वच्छ बिजली , उपभोक्ताओं को बिना किसी अतिरिक्त लागत के मुहैया करा सकता है।

"पिछले चार वर्षों में, रिन्यूएबल बिजली और बैटरी भंडारण की लागत 50% तक कम हो गई है - और कुछ साल पहले 2030 और 2050 के लिए अनुमानित लागत में कमी का एहसास पहले ही हो चुका है। ये घटती लागत अमेरिका को उपभोक्ता की लागत में वृद्धि के बिना 2035 तक 90% स्वच्छ बिजली तक पहुंचाने में सक्षम बनाएगी। क्लाइमेट क्राइसिस रिपोर्ट के मुताबिक  रिन्यूएबल बिजली 90%  लोगों तक पहुंचना आवश्यक है और लागत में कटौती अकेले एक रिन्यूएबल बिजली का भविष्य सुनिश्चित नहीं करेगी। ”

आंशिक रूप से इन हालिया लागत कटौती से प्रेरित होकर, अमेरिका में इंटरकनेक्शन पाइपलाइन में लगभग 500 GW रिन्यूएबिल ऊर्जा परियोजनाएं हैं और भंडारण में  लगभग 70 GW परियोजनाएं हैं। "

भारत में  - "भारत ने बड़े पैमाने पर प्रतिस्पर्धी नीलामी आयोजित करके सौर, पवन और भंडारण के लिए सबसे कम लागत हासिल की है। इसके के नतीजों में रिन्यूएबिल और भंडारण के लिए राउंड द क्लॉक (RTC) बिजली की आपूर्ति की कीमतें नए कोयले की तुलना में कम हैं जो इस संभावना को इंगित करते हैं कि रिन्यूएबिल और भंडारण RTC बिजली आपूर्ति के लिए कोयले से भी सस्ता है।

चीन पर - "हमारे हालिया पेपर से पता चलता है कि यदि नवीकरण के लिए लागत का रुझान जारी रहता है, तो चीन का 62% बिजली गैर-जीवाश्म स्रोतों से 2030 तक लागत पर आ सकती है जो  बिजनेस एस यूज़ल (बीएयू) से 11% कम है।"

DETAILS IN ENGLISH

Embargoed until 7:30pm today 

Couple of key developments from the US. 

1- The US is set to join a summit on global green recovery from Covid-19 crisis, along with major global economies such as India and China. Hosted by the International Energy Association, the summit is being termed as the only major climate summit since the cancellation of COP26 due to the pandemic. More on this here - 

2- US Democrats will today release a roadmap for how Congress could put the US on track for net zero emissions by 2050. The report from the House Select Committee on the Climate Crisis recommends a set of ambitious climate policies. In addition to this, a new polling shows that Americans support achieving a 100% clean economy by 2050 and believe that it will have a positive impact on jobs and economic growth. The only reference to coal in the plan is to support the health care needs of veteran coal miners and to create jobs through conservation, reclamation, and restoration of coal mines. 

Background on - US Democrats roadmap to net zero emissions by 2050

Despite Trump’s efforts to halt climate action and “bring back coal,” public concern about climate change and the clean energy sector both continue to grow. In 2019, US energy consumption from renewables exceeded coal consumption for the first time in 130 years. Over the past five years, employment in the clean energy industry has grown 70 percent faster than the economy overall. And wind and solar energy are now so affordable that the US could scale up to 90% renewable electricity generation by 2035 at no added cost.

In 2019, responding to increasing public concern about climate change, the House of Representatives created a committee to deliver ambitious climate policy recommendations to Congress. On 30 June 2020, the House Select Committee on the Climate Crisis will release their Climate Crisis Action Plan calling on Congress to build a clean energy economy and providing a legislative blueprint for how to put the US on track for net zero emissions by 2050. 

Modeling from Energy Innovation finds that implementing these recommendations would reduce net US greenhouse gas emissions by at least 39% below 2010 levels in 2030 and 88% below 2010 levels in 2050 -- and with carbon drawdown, would reach net zero emissions by 2050. If 2005 is used as the baseline (as it is for the US NDC), Energy Innovation finds that these policies would cut net US emissions by 40% below 2005 levels by 2030 and 86% below 2005 levels by 2050. It is important to note that this legislative agenda does not account for additional emissions reductions that could be achieved with Executive presidential action in a next administration or US subnational action, which is growing fast.

What comes next? The Senate Democrats' Special Committee on the Climate Crisis will release their own report on recommended climate solutions later this summer. These blueprints will serve as a starting point for a legislative discussion on how the US might come back to the table as a leader on climate policy. The polling showing high levels of public support for these policies, four months from the congressional and presidential elections in November, offers a glimpse of what might be a changing political scene in the US.

The Climate Crisis Action Plan includes policy recommendations such as: 

• enacting a Clean Energy Standard to achieve net-zero emissions in the electricity sector by 2040
• achieving 100% sales of zero-emissions cars by 2035 & heavy-duty trucks by 2040
• making all new residential & commercial buildings net-zero emissions by 2030
• putting a price on carbon
• investing in climate-smart farming, carbon removal research, and energy storage innovation
• putting environmental justice at the center of federal climate and environmental policy

New polling released on 26 June shows that, across the board, American voters support building a clean energy future:

• 71% of Americans support achieving a 100% clean economy by 2050
• Voters believe this transition will have a positive impact on jobs and economic growth
• 67% of voters support protecting communities of color from climate impacts, 65% support a carbon tax, and and 65% support requiring utilities to generate 100% of electricity from clean sources by 2040
• 73% support stronger fuel efficiency standards for cars and trucks
• Voters support funding clean energy over fossil fuels in pandemic stimulus responses
• Democratic candidates have an edge in both the congressional and presidential November races

City, state, business and investor leaders have made significant progress over the past four years to incubate climate policies and build a clean energy economy. The House Select Committee report lays the foundation for how the Federal government should join and accelerate these efforts. 

Additional Info

ENERGY STATS  -- In addition to bringing the US back to the global table on climate, doubling down on clean energy long-term ability to create jobs, rebuild the economy, and make the US competitive on the global stage. Beyond increased political will among American Democrats to act on climate, there are trends from the past 4 years of Trump, and even during the pandemic lock-down, that set up clean energy to accelerate. 

• Clean energy is eclipsing coal - Despite Trump’s best efforts, more coal has retired under his presidency than in Obama's 2nd term and the industry is facing a continual decline. In 2019, US energy consumption from renewables exceeded coal consumption for the first time in 130 years. Last year, the market capitalization of 5 of the top 10 US coal companies fell nearly 60%. Increasingly U.S. power companies are decarbonizing, with over a dozen - including major utilities Duke and Southern Co. -  committed to achieving net-zero emissions by midcentury. According to EIA, coal is expected to make up 17% of US electricity generation for 2020, down from 24% in 2019, though this may rebound slightly to 20% in 2021. 
• Clean energy creates jobs - Meanwhile, clean energy is increasingly competitive. Prior to the pandemic, clean energy jobs, such as wind technicians and solar installers, were one of the fastest growing of any industry in the U.S. Over the past five years, employment in the clean energy industry in the U.S. has grown 70 percent faster than the economy overall. Renewable energy in the past few years has been shown to directly and indirectly generate roughly three times as many jobs as a comparable investment in fossil fuels. 
• Clean energy is a good financial bet - US clean power stocks rose 2.2% in the first four months of the year, despite the pandemic, while their fossil fuel peers fell 40.5% and the S&P 500 fell 9.4%. A recent study found that wind and solar energy are now so cheap that the U.S. could scale up to 90% renewable electricity generation by 2035 at no added cost to consumers. 

POLLING STATS -- 

• Congressional action -- 72% of American voters say it’s important for Congress to address climate change. 71% voters support legislation to achieve a 100% clean economy by eliminating fossil fuel emissions from the transportation, electricity, buildings, industry, and agricultural sectors in the US by 2050. By more than a two-to-one margin, voters believe this transition will have a positive rather than a negative impact on jobs and economic growth.
• Clean transportation -- There is broad support for a variety of investments in clean transportation, including electric vehicles, and expanding access to transportation. Close to three-quarters (73%) support setting stronger fuel efficiency standards for cars, trucks, and SUVs, and about seven in 10 support investing federal funding to expand public transportation (72%) and replace gas- and diesel-powered buses with electric buses (69%). More than six in 10 support investing federal funding to build electric vehicle charging infrastructure (65%) and invest in manufacturing electric vehicles and parts (62%).
• Energy efficiency & grid modernization- Voters strongly favor public investment to modernize the power grid and encourage consumer energy efficiency. More than three-quarters support federal funding to upgrade the electric grid and expand the production of renewable energy (78%), help local governments improve the energy efficiency of new and existing buildings (78%), and install solar panels to reduce electricity bills in low-income communities (77%). There is also strong support for tax credits and other incentives for individuals to improve the energy efficiency of their homes (84%).
• Protecting against climate impacts - Nearly three-quarters (73%) of voters support increasing federal funding to protect vulnerable low-income communities and communities of color from immediate environmental dangers and extreme weather. And roughly two-thirds (66%) support creating a National Climate Bank to fund public and private sector projects to reduce carbon pollution and prepare communities to withstand the effects of climate change.
• Electing Democrats - A few months ahead of the November elections, Democratic candidates have the edge in both the congressional and presidential races. Nearly half (48%) of voters say if the election for Congress in their district were held today, they would vote for the Democrat, while 42% would vote for the Republican, and 11% would vote for neither candidate or for another candidate. And when voters were asked how they would vote if the election for president were held today, Joe Biden (48%) enjoys a seven-point advantage over Donald Trump (41%).

Quotes you could use:

Chair of Climate Mayors, Los Angeles Mayor Eric Garcetti:  

“The climate crisis affects our cities and our states, our nation and our entire world -- and if Congress is looking for a roadmap for climate action, then our bipartisan coalition of 448 mayors can point the way to a more fair, equitable, and sustainable future for our workers, families, and communities. Cities stand on the front lines of the ill effects of climate change -- and the innovative solutions -- and the Climate Crisis Action Plan is the kind of bold, comprehensive step we need at the federal level to protect our planet, invest in clean energy, support our workforce, and build a more just economy for every American.”

Amol Phadke, Ph.D., UC Berkeley Goldman School of Public Policy (author of a recent study showing the US can reach 90% clean electricity by 2035 at no added cost to consumers):

"Just in the last four years, the cost of renewable electricity and battery storage has reduced up to 50% - and cost reductions projected for 2030 and 2050 just a few years ago have already been realized. We've shown that these plummeting costs will enable the US to reach 90% clean electricity by 2035 without increasing consumer costs. We also show that concerted policy effort, like the one recommended in the House Select Committee on the Climate Crisis's report, is required to reach 90% and cost reductions alone will not ensure a clean electricity future."

"Partly driven by these recent cost reductions, there are about 500 GW of renewable energy projects in the interconnection pipeline in the US with about 70 GW including storage" 

On India -- "India has realized one of the lowest costs for solar, wind, and storage by conducting large scale competitive auctions. Recent results for the Round the Clock (RTC) power supply auctions for renewables and storage have resulted into prices that are lower than new coal indicating the possibility that renewables + storage are cheaper than coal even for RTC power supply, which is game changing for the future of the power sector in India" 

On China -- "Our recent paper shows that if cost trends for renewables continue, 62% of China’s electricity could come from non-fossil sources by 2030 at a cost that is 11% lower than BAU"

Sharon Weston Broome, Mayor of Baton Rouge, Louisiana and Co-Chair of the Mississippi River Cities & Towns Initiative

"The Mayors along the Mississippi River are encouraged that the House Select Committee on the Climate Crisis is showing the kind of long-term thinking that is necessary to meet the ‘challenge of our time.’ Working together, local governments and our federal partners can take bold action to keep our communities safe and our economy strong. The report anticipates some of the much-needed natural infrastructure solutions our Mayors have been urging including: securing land to store flood waters, investing in resilience and adaptation, and valuing ecosystem services and projects that address multiple risks at once.

Orlando Mayor Buddy Dyer:

“Florida is uniquely vulnerable to climate change impacts, such as hurricane storm surge and flooding, sea-level rise, and extreme heat. The City of Orlando is committed to eliminating our own emissions by 2050 and doing our part to lower the future risk to residents. We are already well on our way to powering our city on 100 percent clean energy, transitioning our City of Orlando fleet and buses to zero-emission electric, and retrofitting homes and buildings to be more efficient and resilient. Cities cannot face climate change alone and we welcome the House Select Committee's plan for action to address the challenges that we face.

Dr. Edward Maibach, Director of George Mason University’s Center for Climate Change Communication

“The public is eager to see their elected representatives take action against climate change. Specific, aggressive policies to reduce heat-trapping pollution and protect against climate impacts have widespread support.

Dr. Anthony Leiserowitz, Director of the Yale Program of Climate Change Communication

“Americans prefer stimulus funding go to the renewable energy industry, rather than the fossil fuel industry. Across the board, voters support using the recovery to fight climate change and build a clean energy future.”

India’s auto-components exports set to decline 20% in FY21

India’s auto-component manufacturing is a sector dominated by micro, small and medium enterprises and it contributes 2.3% to the country’s GDP and 4% to total goods exports.  According to an estimate by rating agency CRISIL, the sector may witness 20% decline in exports during 2020-21, which comes on the back of 6% fall in shipments in the previous year. Thus, auto-component manufacturers have to navigate through decline in export revenue for two years consecutively.

CRISIL expects exports to recover in 2021-22 and grow by 16% on the back of pickup in demand from major markets. USA accounts for 25% of India’s exports of auto-components, while Germany, UK, Thailand and Italy contribute 7%, 5% and 4% each respectively.

CRISIL also expects demand for auto-components from automobile manufacturers (who are called OEMs) and from aftermarket (replacement) to decline during 2020-21. Auto-component manufacturers earn more than 66% of their revenue from sales to domestic automobile manufacturers or OEMs. According to the rating agency, for the first time in 10 years, auto-component makers are facing fall in demand from all the three sources, namely export market, OEMs and aftermarket. This will hurt the absolute operating profit of auto-component manufacturers by 30-35%, CRISIL estimates.

The total revenue of auto-component companies rated by CRISIL is estimated to have declined to Rs. 3.2 lakh crore in 2019-20 from Rs. 3.6 lakh crore in the previous year. This is expected to fall further to Rs. 2.7 lakh crore in 2020-21, before recovering to Rs. 3.3 lakh crore in the following year.

Bhushan Kumar presents Sachet Tandon's Raghupati Raghav Raja Ram!

The devotional song is out now on T-Series' YouTube channel

July 1^st, 2020, Mumbai: With his unique and soulful voice, T-Series artist singer-composer Sachet Tandon became a household name with the stupendous success of 'Bekhayali' from Kabir Singh. The song released under the T-Series label catapulted Sachet to new heights and continues to remain one of the most popular songs of all time. Sachet also has to his credit hits such as Ghamand Kar from Tanhaji: The Unsung Warrior among others.

The music company and the talented singer have now come together for a spiritual, modern-day rendition of 'Raghupati Raghav Raja Ram', the all-time popular bhajan. T-Series has always been a frontrunner in the space for devotional music which has always been widely popular with the listeners, right from the time of the inception of the company. They now present this devotional bhajan with vocals by Sachet Tandon.

With Music by Raaj Aashoo and lyrics by Seepi Jha, the song's music has been produced by Anmol Daniel. The music video features famed religious spots across the country and upholds the virtues of Lord Ram and Sita.

Talking about his experience of singing this song, Sachet Tandon says, "The experience of recording this rendition was very satisfying and enjoyable because the approach had to be new and unlike anything I've done before, which was exciting. I was and still am a very big fan of this melody since my childhood days. I hope people like the new rendition and make it a part of their daily life."

Says T-Series head honcho, Bhushan Kumar, "Lord Ram has always been the embodiment of the highest virtue and righteousness. This devotional song has always brought a lot of peace and joy to listeners all over the world, which is the need of the hour. Apart from striving to deliver the best in entertainment related music, we at T-Series, have also kept alive our tradition of devotional music and tried to make it relevant to the younger audience wherever possible along with avid listeners of bhajans in India."

Bhushan Kumar's T-Series presents Sachet Tandon's 'Raghupati Raghav Raja Ram'. With music by Raaj Aashoo and lyrics by Seepi Jha, the rendition of the devotional song has been produced by Anmol Daniel. Sachet Tandon's ‘Raghupati Raghav Raja Ram’, with additional vocals by Bhanu Pandit and Manish Sharma is out now on T-Series' YouTube channel.