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



K&R Rail Engineering inks MoU with Nepal company for cable car project to Muktinath Temple
Automotive Industries   -  Oct 09,2023
K&R Rail Engineering Limited, a prominent EPC company based in Hyderabad, has signed an MoU for the world's longest Cable Car Project in Nepal, valued at $500 million. The project, in collaborati .


LAM Research plans to establish semiconductor lab in Karnataka
Automotive Industries   -  Oct 09,2023
LAM Research, a global semiconductor equipment and services company, is considering establishing a new lab in Karnataka, India. The Karnataka Minister for Large and Medium Industries, MB Patil, is on .


VinFast explores Ford Chennai factory as an option for its India entry plans
Automotive Industries   -  Oct 09,2023
VinFast, a Vietnamese automaker, is considering various greenfield opportunities in India, including the possible acquisition of Ford India's facility in Chennai. The company's strategy invo .


Tender floated for construction of Railway Station at Kilambakkam
Automotive Industries   -  Oct 09,2023
The Southern Railway has initiated the construction of a new suburban train station in Kilambakkam, connecting it to the developing Kilambakkam bus terminus, following approval from the Chennai Unif .


TVS Motor Company begins manufacturing of BMW CE 02
Automotive Industries   -  Oct 07,2023
TVS Motor Company has commenced production of the CE 02, its inaugural electric vehicle created in collaboration with BMW Motorrad, the motorcycle division of BMW Group. The CE 02, positioned as a h .


CM Stalin inaugurates Hitachi Energy’s Global Technology and Innovation Centre in Chennai
Automotive Industries   -  Oct 07,2023
Tamil Nadu Chief Minister M K Stalin inaugurated Hitachi Energy's expansive Global Technology and Innovation Centre in Chennai, spanning 3,00,000 square feet at Commerzone IT Park. The center wil .


3F Oil Palm signs Rs 550 crore agreement with Andhra government
Automotive Industries   -  Oct 06,2023
3F Oil Palm has entered into a Rs 550 crore investment agreement with the Andhra Pradesh government for oil palm plantation and processing. Over the next five years, they will establish various facili .


Endurance Technologies Ltd gives nod for capacity expansion of aluminium alloy wheels
Automotive Industries   -  Oct 03,2023
Endurance Technologies Limited is set to expand its production capacity for aluminum alloy wheels used in two-wheelers. The expansion will occur at its Chakan facility in Pune, involving an investment .


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