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Bajaj Auto increases push in EV market, lines up Rs 500-crore investments
Automotive Industries - Aug 01,2023
Bajaj Auto is intensifying its efforts in the electric vehicle (EV) market for both two-wheelers and three-wheelers. After evaluating product performance and customer reactions, the Pune-based company .

Sona Comstar to invest Rs 100 crore in Chennai facility
Automotive Industries - Jul 31,2023
Sona BLW Precision Forgings (Sona Comstar), a leading automotive technology provider, plans to invest Rs 99.7 crore to expand its Chennai facility's production capacity of EV traction motors and .

Navsari to get a PM Mitra Park at 1141 acres, to create around 3 lakh jobs
Automotive Industries - Jul 13,2023
The Indian textile industry is one of the world's largest in terms of production capacity and raw material availability. To enhance global competitiveness, the central government aims to develop .

Haier Appliances to invest Rs 400 crore for capacity expansion in Greater Noida
Automotive Industries - Jul 11,2023
Haier Appliances India, a leading consumer durables manufacturer, plans to invest Rs 400 crore for the upcoming growth phase in Noida-Greater Noida. The facility, already producing large appliances, w .

EV batteries materials manufacturer to increase India capacity from 200 TPA to 10,000
Automotive Industries - Jul 07,2023
Epsilon Advanced Materials, an Indian manufacturer of materials for EV batteries, aims to increase its production capacity from 200 tonnes per annum to 10,000 tonnes by the end of 2025. The company pl .

Centre for software-defined vehicles to come up in Coimbatore
Automotive Industries - Jul 05,2023
Mahindra & Mahindra (M&M) is establishing an R&D centre for software-defined vehicles in Coimbatore, Tamil Nadu. The centre will focus on developing software for various vehicle functions, including s .

HAL signs MoU to produce jet engines for Indian Air Force
Automotive Industries - Jul 03,2023
General Electric’s aerospace division made a significant statement, announcing the signing of an MOU with Hindustan Aeronautics Ltd (HAL) to jointly produce fighter jet engines for the Indian Air F .

Taiwanese electric mobility giant to invest $1.5 billion in Maharashtra
Automotive Industries - Jun 30,2023
Taiwanese electric mobility company Gogoro will invest over $1.5 billion in Maharashtra, India, to develop a state-wide battery swapping and charging infrastructure. The investment falls under the Ul .