MAM
Bharat Kapadia takes over as Bhaskar Group ED
MUMBAI: Bharat Kapadia, executive director of Divya Bhaskar, has been appointed as the executive director of the entire Bhaskar Group. The appointment comes in the wake of the Group’s expansion through new ventures in the form of additional magazines and new initiatives coming from I Media Corporation Limited (IMCL).
Kapadia’s role would make him responsible for not only Divya Bhaskar, but also Dainik Bhaskar and magazines like Aha! Zindagi and Bal Bhaskar in Hindi and Saurashtra Samachar in Gujarati. Two more Hindi publications are on the cards – a career magazine and a women’s magazine.
“I joined Divya Bhaskar in 2005 and my mandate was largely to turn around the fortunes of the company, which we successfully managed to do so. I’m hopeful of carrying the same growth forward,” said Kapadia, about his appointment which is effective immediately.
Kapadia has also been spearheading the ‘Vote For Taj’ campaign as chairman of IMCL, wherein they have won marketing rights for a campaign being created to promote Taj Mahal as one of the ‘New Seven Wonders of the World’. He elaborated, “The campaign for the Taj will only get more aggressive and we’ll be shortly unveiling the official song for the same.”
Brands
Hyundai and TVS Motor partner to develop electric three wheelers
Joint development pact targets last mile mobility with localisation push
MUMBAI: Three wheels, one big ambition and a charge towards the future. Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to co-create electric three-wheelers (E3Ws), aiming to crack India’s complex last-mile mobility puzzle. The collaboration moves beyond concept talk into execution mode, building on the E3W prototype first showcased at the Bharat Mobility Global Expo 2025. The goal now is clear, design, develop and commercialise a purpose-built vehicle tailored to Indian roads, riders and realities.
Under the agreement, Hyundai will lead design and co-development, bringing its global R&D muscle and human-centric engineering approach to the table. TVS Motor, meanwhile, will anchor the product on its electric platform, leveraging deep three-wheeler expertise and local market insight. It will also handle manufacturing and sales in India, with an eye on exports down the line.
The timing is strategic. India remains the world’s largest three-wheeler market, where affordability, durability and adaptability often outweigh sheer innovation. The upcoming E3W aims to strike that balance combining advanced technology with practical features such as adaptive ground clearance for monsoon-hit roads, improved thermal management for tropical climates, and flexible interiors suited for passengers, cargo or emergency use.
A key pillar of the partnership is localisation. Major components will be sourced and manufactured within India, a move expected to strengthen the domestic supply chain, create jobs, lower costs and improve after-sales support.
The shift from prototype to production will involve rigorous testing, certification and refinement to meet regulatory standards and consumer expectations. Dedicated cross-functional teams from both companies are already in place to accelerate timelines.
At a broader level, the tie-up reflects a growing trend in mobility, global players partnering with local specialists to navigate emerging markets. For Hyundai and TVS, the bet is that combining scale with street-level insight could unlock a new chapter in sustainable urban transport, one that runs not just on electricity, but on relevance.
