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



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 .


Top tyre manufacturer completes first phase of capacity expansion in MP
Automotive Industries   -  Jun 30,2023
JK Tyre & Industries has invested Rs 312 crore to expand its passenger car radial tyre production facility in Madhya Pradesh. The first phase of expansion will increase the plant's annual output .


German company inaugurates new manufacturing unit at Savli site
Automotive Industries   -  Jun 30,2023
German company Schaeffler is opening a new manufacturing unit at its Savli site in Gujarat, India. The expansion will increase the plant's manufacturing capabilities by over 10,000 square meter .


Mobile component manufacturer to establish Rs 250 core unit in Belagavi
Automotive Industries   -  Jun 30,2023
Mobile components manufacturer SFS plans to invest $250 billion to open a facility in Belagavi. The company has approached the government for assistance in acquiring 30 acres of land. SFS, which alrea .


Rs 865 crore investment to be madeby EV manufacturer
Automotive Industries   -  Jun 29,2023
Ather Energy will invest Rs 865 crore in the Shendra Phase of Aurangabad Industrial City (AURIC), aiming to build a strong supplier ecosystem in the region. Chief Minister Eknath Shinde approved the i .


India’s first advanced E-Bus manufacturing facility to be established in Pune with Rs 776 crore inve
Automotive Industries   -  Jun 29,2023
Pune-based company Pinnacle Mobility Solutions plans to revolutionize green mobility in India by establishing a cutting-edge electric and hydrogen fuel-cell vehicle production plant. With an investm .


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