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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 .

PM inaugurates 4th Global Renewable Energy Investors Meet in Gandhinagar
Automotive Industries - Sep 16,2024
Prime Minister Narendra Modi inaugurated the 4th Global Renewable Energy Investors Meet (RE-INVEST) 2024 in Gandhinagar, Gujarat. Hosted by the Ministry of New and Renewable Energy, the event attracte .

CEAT's expansion at Chennai plant to grow its truck, bus radial segment
Automotive Industries - Sep 13,2024
Tyre manufacturer CEAT is expanding its truck and bus radial (TBR) tyre production at its Chennai plant with a Rs 670 crore investment. The new TBR line will produce 1,500 tyres per day and create 500 .

TN govt signs MoU with U.S. machinery manufacturer Caterpillar
Automotive Industries - Sep 13,2024
Caterpillar will expand its equipment manufacturing in Tamil Nadu, with investments in Thiruvallur and Krishnagiri districts, as announced by Chief Minister MK Stalin. The expansion follows Stalin’s .