Mahindra & Mahindra is developing an all-new sports utility vehicle (SUV), mainly meant for foreign markets, after having dominated the Indian market with its successful Scorpio, the indigenously built SUV.

The Engineering Export Promotion Council (EEPC) has chosen Hyundai Motor India as the Top Exporter for the 2006-07 in the category of Large Enterprises. The Engineering Export Promotion Council, which functions under the Ministry of Commerce, presents awards every year to corporates who boast of outstanding achievements in different categories.

Japanese bike maker Yamaha is lining up firm measures to make India its export hub. The company plans to ship its engines and bike models to countries like the United States as well as Japan in a short while from now.