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Land acquisition process for Ballari jeans textile park completed
Automotive Industries - Jan 10,2025
The Karnataka government plans to develop a Jeans Park at Sajanjeerayanakote near Ballari to attract global investors, with Ballari positioned as an alternative to Bangladesh for textile exports. Indi .

Tata Motors to invest Rs 914 crore in new plant at Panapakkam, Tamil Nadu
Automotive Industries - Dec 24,2024
Tata Motors plans to invest Rs 914 crore in a new vehicle manufacturing plant in Tamil Nadu, with an annual capacity of 2.5 lakh units. The facility, focused on high-end cars, SUVs, electric, and luxu .

RVNL secures Rs 270 crore metro station project in Maharashtra
Automotive Industries - Dec 16,2024
Rail Vikas Nigam (RVNL) has received a Rs 270.78 crore contract from Maharashtra Metro Rail Corporation to construct ten elevated metro stations in Nagpur's Phase II. The project includes seven s .

RVNL secures letter of award for Southern Railway contract
Automotive Industries - Dec 13,2024
Rail Vikas Nigam (RVNL) has received a contract from Southern Railway worth Rs 111 crore. The project involves providing MSDAC with existing DCTC at stations and replacing AFTCs across the Chennai Div .

Candytoy raises Rs 110 crore funding, to expand facilities
Automotive Industries - Nov 27,2024
Candytoy Corporate secured Rs 110 crore in a Series A funding round, led by domestic investors, HNIs, angel investors, and institutions. The funds will expand manufacturing and attract top talent to s .

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 .