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



VinFast plans million dollars investment in India
Automotive Industries   -  Sep 29,2023
Vietnam's VinFast, considered a rival to Tesla, intends to set up manufacturing operations in India. Recently, VinFast Auto ranked as the world's third-most valuable carmaker. They are in .


KRIBHCO to invest Rs 1,100 crore to develop three grain based ethanol plants in Gujarat
Automotive Industries   -  Sep 27,2023
Krishak Bharati Cooperative Ltd (KRIBHCO) is investing approximately Rs 1,100 Crore in the construction of three ethanol manufacturing plants in Gujarat, Telangana, and Andhra Pradesh. These plants, e .


Refex Group to invest Rs 1,300 crore in the next three years
Automotive Industries   -  Sep 27,2023
Chennai-based Refex Group is committing Rs 1,300 crore to its green mobility initiative, set to unfold over the next three years. Operating under the name Refex Green Mobility, the company offers th .


MMRDA gives contracts for construction of train depot for Mumbai Metro Line 4
Automotive Industries   -  Sep 26,2023
The Mumbai Metropolitan Region Development Authority is making significant progress in expanding the Mumbai-Thane metro network. They've recently nominated a contractor, SEW-VSE (JV), for the con .


Haryana CM lays foundation stone of Rs 1,200-crore medical college in Yamunanagar
Automotive Industries   -  Sep 26,2023
Haryana Chief Minister Manohar Lal Khattar initiated the construction of a medical institution named after Guru Teg Bahadur in Punjupur, Yamunanagar. The project, covering 21 acres and costing over .


Fenesta announces increase in uPVC extrusion capacity at Kota
Automotive Industries   -  Sep 26,2023
Fenesta, a leading windows and decor brand, has expanded its uPVC extrusion capacity in Kota, Rajasthan. This expansion includes the installation of two extrusion lines and one blending line at the Ko .


Tesla planning to construct battery storage facility in India
Automotive Industries   -  Sep 25,2023
Tesla plans to manufacture and sell battery storage systems in India, seeking government incentives for a manufacturing plant. They aim to enhance the country's energy storage capabilities using .


MG Motor India looking into possibilities of second plant in India
Automotive Industries   -  Sep 25,2023
MG Motor India is considering the establishment of a second manufacturing plant in the country, alongside its existing facility in Gujarat. Gaurav Gupta, deputy managing director, mentioned a potent .


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