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Automotive-Industries Sector News & Updates - March 31, 2025



UP govt shifts land allocation for HCL-Foxconn chip unit to cut down delays
Automotive Industries   -  Mar 11,2025
The Uttar Pradesh government has allocated 48 acres of land in Sector 28 of YEIDA for the HCL-Foxconn semiconductor plant. This follows HCL’s request to move from the originally planned 50-acre site .


Jupiter Electric Mobility launches JEM TEZ
Automotive Industries   -  Mar 07,2025
Jupiter Electric Mobility (JEM) has launched its flagship electric light commercial vehicle (e-LCV), the JEM TEZ, and inaugurated an EV manufacturing plant in Pithampur, Indore. The JEM TEZ offers a 1 .


H S Hyosung to invest Rs 1,740 crore in Nagpur’s Butibori Industrial Estate
Automotive Industries   -  Mar 06,2025
The Maharashtra Government signed an MoU with South Korea's H S Hyosung Advanced Materials Corporation for a Rs 1,740 crore investment in Butibori, Nagpur. The investment will establish an advanc .


ACME Solar plans Rs 17,000 crore capital expenditure
Automotive Industries   -  Mar 04,2025
ACME Solar Holdings plans to invest Rs 17,000 crore to expand its renewable energy capacity to 5 gigawatts by 2026, focusing on Hybrid and FDRE projects. The expansion will occur in two phases startin .


Ask Automotive inks pact with Japanese firm to supply alloy wheels
Automotive Industries   -  Mar 04,2025
Ask Automotive has signed a technical assistance and licensing agreement with Kyushu Yanagawa Seiki Co, Japan, to produce high-pressure die-cast alloy wheels for two-wheelers. The partnership will foc .


TVS Indeon Expands Lithium battery production in Tamil Nadu
Automotive Industries   -  Mar 03,2025
TVS Indeon Ltd, a subsidiary of Lucas TVS Ltd, is expanding its lithium battery production at its Thervoy Kandigai facility. The plant, operational since 2024, currently produces 1 GWh of battery capa .


Ather Energy accelerates new product development
Automotive Industries   -  Feb 28,2025
Ather Energy is expanding its research and development (R&D) and testing capabilities at its product testing and validation centre, "The Juggernaut," in Begur, Bengaluru. The 38,692 sq. ft. facility w .


Maruti Suzuki India begins production at new plant in Haryana's Kharkhoda
Automotive Industries   -  Feb 26,2025
Maruti Suzuki has launched the first phase of its new plant in Kharkhoda, Haryana, with an initial capacity of 250,000 units. This marks its fourth plant in India. The facility will boost production c .


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