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Automotive-Industries Sector News & Updates - November 24, 2024



Super 30’ to speed up industrial development of Lucknow division
Automotive Industries   -  Mar 14,2024
Lucknow division introduces 'Super 30' development projects across six districts, aiming to generate 21,650 job opportunities in Uttar Pradesh. These projects, launched recently, stem from i .


JSW Energy Ltd secures LoI for 300 MW solar capacity from GUVNL
Automotive Industries   -  Mar 14,2024
JSW Energy Ltd's subsidiary, JSW Neo Energy, secured a 300 MW solar capacity LoI from Gujarat Urja Vikas Nigam. This adds to their current 7.2 GW installed capacity, including 675 MW of solar p .


Power Grid Corporation inks MoU with RRVPNL for joint venture 
Automotive Industries   -  Mar 12,2024
Power Grid Corporation of India and Rajasthan Rajya Vidyut Prasaran Nigam have signed an MoU to establish a joint venture for an Intra State Transmission System in Rajasthan, undertaking projects valu .


ITC Hotels inks management pact with Narne Hotels and Resorts for new property
Automotive Industries   -  Mar 12,2024
ITC Hotels has partnered with Narne Hotels and Resorts to launch a 150-key Welcomhotel property in Madikeri, Coorg. Anil Chadha, ITC Hotels Divisional Chief Executive, highlighted Madikeri's grow .


Donear announces Rs 400 crore investments in Jammu carpets unit
Automotive Industries   -  Mar 12,2024
Donear, known for fabric production, ventures into home textiles with a Rs 400 crore investment in a carpets and rugs unit in Jammu, as stated by Managing Director Rajendra Agarwal. Expected to start .


Rajasthan government signs agreement for multiple energy related projects
Automotive Industries   -  Mar 12,2024
The Rajasthan government collaborates with NTPC, CIL, NLC India, and SJVN to establish 28.5 GW solar capacity and green hydrogen production. NTPC explores supercritical units with RRVUNL. NGEL and RVU .


Pondy Oxides & Chemicals to fuel Rs 570-crore greenfield, brownfield expansion
Automotive Industries   -  Mar 12,2024
Pondy Oxides & Chemicals plans greenfield and brownfield expansions worth Rs 570 crore. Acquiring 123 acres in Mundra, Gujarat, for future manufacturing aims to serve domestic and global markets. Rs 7 .


Servotech commits Rs 100 crore to boost EV charger manufacturing
Automotive Industries   -  Mar 12,2024
Servotech Power Systems plans Rs 100 crore investment in Sonipat, Haryana, for EV charger component manufacturing. Initial capacity: 24,000 power modules, aiming for 2.4 lakh to meet India's grow .


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