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



Flender India expands investment and production to strengthen role in energy transition
Automotive Industries   -  Nov 11,2024
Flender India, the Indian branch of Germany's Flender Group, is boosting its investment to expand production of wind turbine gearboxes at facilities in Kharagpur, Chennai, and Walajabad. With ove .


MGL to enter battery cell manufacturing; announces plans for giga factory in Bengaluru
Automotive Industries   -  Nov 09,2024
Mahanagar Gas Limited (MGL) plans to establish a lithium-ion battery giga factory in Bengaluru, marking its entry into the electric vehicle and renewable energy sectors. This facility will boost India .


Allison Transmission partners with Ashok Leyland
Automotive Industries   -  Nov 01,2024
Allison Transmission and Ashok Leyland have launched Tamil Nadu's first low-floor city buses featuring fully automatic transmissions. The 12-meter diesel buses, designed for accessibility, will r .


Yamaha to invest Rs 180 crore to boost capacity in TN plant
Automotive Industries   -  Oct 24,2024
India Yamaha Motor (IYM) plans to invest Rs 180 crore to expand its two-wheeler production capacity at its Vallam Vadagal plant near Chennai, creating over 400 jobs. This expansion will increase month .


Bonfiglioli invests Rs 320 crore in India expansion
Automotive Industries   -  Oct 18,2024
Bonfiglioli Transmissions, the Indian arm of the Italian Bonfiglioli Group, is investing ₹320 crore to expand operations. It laid the foundation for a 25-acre plant in Cheyyar, set to open by 2025, .


Endurance Technologies Limited approves capex for alloy wheels facility at AURIC, Bidkin
Automotive Industries   -  Oct 14,2024
Endurance Technologies Limited has received approval for capital expenditure to establish a new facility for manufacturing alloy wheels for two-wheelers in Aurangabad Industrial City, spanning ~30 acr .


IPO-bound Hyundai India to pump in Rs 32,000 crore
Automotive Industries   -  Oct 10,2024
Hyundai Motor India Ltd (HMIL) plans to invest Rs 32,000 crore between 2023 and 2032 for capacity expansion, new launches, and electric vehicle development. Investments include Rs 26,000 crore for its .


Tata Technologies and BMW join forces to develop automotive tech
Automotive Industries   -  Oct 09,2024
Tata Technologies and BMW have formed a 50:50 joint venture, BMW TechWorks India, to develop automotive software, including software-defined vehicles, automated driving, and AI applications. The manag .


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