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Automotive-Industries Sector News & Updates - November 21, 2024



Hindustan Zinc emerges preferred bidder for gold mine block
Automotive Industries   -  Nov 19,2024
Hindustan Zinc has emerged as the preferred bidder for the Dugocha Gold Block in Rajasthan, securing a composite licence through a state government auction. The block spans 472 hectares with an estima .


Aurionpro Solutions wins contract for Chennai Metro Phase 2 automatic fare collection system
Automotive Industries   -  Nov 09,2024
Aurionpro Solutions has won a contract from Chennai Metro Rail Limited to implement an advanced Automatic Fare Collection (AFC) system for Phase 2 of the Chennai Metro expansion. This system will feat .


Endurance Technologies Limited approves capex for alloy wheels facility at AURIC, Bidkin
Automotive Industries   -  Oct 14,2024
Endurance Technologies Limited has received approval for capital expenditure to establish a new facility for manufacturing alloy wheels for two-wheelers in Aurangabad Industrial City, spanning ~30 acr .


GR infraprojects secures Rs 1,670 crore for greenfield power transmission expansion
Automotive Industries   -  Oct 03,2024
GR Infra Projects is raising Rs 1,670 crore in equity capital through Standard Chartered Bank to develop greenfield power transmission projects. As India targets 500 GW of renewable energy capacity by .


JSW is moving its mega EV bet to Maharashtra
Automotive Industries   -  Sep 25,2024
The JSW group plans to relocate its Rs 40,000-crore electric vehicle (EV) and battery project from Odisha to Maharashtra, specifically considering Aurangabad and Nagpur. This decision follows a memora .


Uno Minda to expand capacity with new facilities in India and Indonesia
Automotive Industries   -  Sep 19,2024
Uno Minda Limited is expanding in Indonesia and India, establishing a new manufacturing facility in Indonesia for long tail lamps, expected to be operational by Q4 FY26. The company is also relocating .


GR Infra announces financial closure of logistics park project
Automotive Industries   -  Sep 19,2024
GR Infraprojects Limited has announced the financial closure of GR Logistics Park (Indore) Private Limited, its wholly owned subsidiary. The project involves the development, operation, and maintenanc .


ZF Rane launches new inflator plant and Sled test facility
Automotive Industries   -  Sep 18,2024
ZF Rane Automotive India Pvt Ltd, a joint venture between the Rane Group and Germany’s ZF Group, has inaugurated a new inflator plant and sled test facility in Tiruchirappalli, Tamil Nadu, with an i .


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