CapEx News

IPO-bound Hyundai India to pump in Rs 32,000 crore

Automotive Industries Oct 10,2024

Hyundai Motor India Ltd (HMIL) plans to invest Rs 32,000 crore between 2023 and 2032 for capacity expansion, new launches, and electric vehicle development. Investments include Rs 26,000 crore for its

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Hyundai, Kia tie up with Exide for electric vehicle battery localisation

Automotive Industries Apr 10,2024

Hyundai and Kia partner with Exide Energy Solutions to localize EV battery production in India, focusing on lithium iron phosphate cells. This aligns with India's carbon neutrality goals. Hyundai

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Hyundai-Kia partnership with Exide Energy

Automotive Industries Apr 08,2024

Hyundai and Kia Motor signed an MOU with Exide Energy Solutions for battery production localization, focusing on lithium-iron-phosphate cells. This strategic move aims to introduce homemade batteries

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Tata Motors to construct Rs 9000 crore vehicle manufacturing plant in Tamil Nadu

Automotive Industries Mar 14,2024

Tata Motors signed an MoU with Tamil Nadu to establish a vehicle manufacturing facility, investing ₹9000 crore over five years, potentially creating 5,000 jobs. Exchanged in the presence of Tamil Na

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Hyundai to invest Rs 6,180 crore on various initiatives in Tamil Nadu

Automotive Industries Jan 08,2024

Hyundai Motor India is set to invest Rs 6,180 crore in Tamil Nadu, with initiatives including establishing a hydrogen resource centre. The Memorandum of Understanding (MoU) was signed during the Tamil

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