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Automotive-Industries Sector News & Updates - January 15, 2025



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 .


JRG Automotive, Japan-based Takagi Seiko form JV to manufacture parts
Automotive Industries   -  Sep 11,2024
JRG Automotive Industries has partnered with Japan’s Takagi Seiko Corporation to form a joint venture investing approximately USD 15 million to manufacture automotive parts. The JV, located in Sampl .


Skoda-Volkswagen to invest Rs 15,000 crore in Chakan factory
Automotive Industries   -  Sep 09,2024
Skoda-Auto Volkswagen India has received Maharashtra’s approval for a Rs 15,000 crore investment to build an electric and hybrid vehicle plant in Chakan, Pune. This investment is part of a larger .


Brose India aiming for comeback with new investments and products
Automotive Industries   -  Sep 05,2024
Brose India Automotive Systems, a German auto component company, is exploring joint ventures, mergers, and partnerships to expand in India. CEO Dr. Philipp Schramm highlighted a selective approach, fo .


Imagicaaworld Entertainment begins operations of Captive Solar Plant
Automotive Industries   -  Aug 29,2024
Imagicaaworld Entertainment has launched an 8MWp DC solar power plant costing Rs 41 crore, marking a key step in its sustainability efforts. The facility will provide reliable green energy, saving abo .


Centre approves flyover project in Belagavi
Automotive Industries   -  Aug 21,2024
The Central Government has approved a Rs 4,500 crore flyover project in Belagavi to alleviate traffic congestion. Spanning 4.5 km, it will connect the Pune-Bengaluru National Highway to the ICMR Cente .


Madhya Pradesh poised to become an AI Hub with Google Cloud and NVIDIA
Automotive Industries   -  Aug 12,2024
Google Cloud plans to establish a startup hub and centre of excellence in Madhya Pradesh. During an Invest Madhya Pradesh session, NVIDIA proposed making the state the “Intelligence Capital of India .


Kai Group to invest 300 million yen to expand manufacturing facility in Rajasthan
Automotive Industries   -  Aug 12,2024
Kai Group will invest 300 million yen (approx. ₹17.17 crore) to expand its Neemrana facility in Rajasthan, boosting women's razor production by 5 million units annually. The expansion, set to .


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