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Automotive-Industries Sector News & Updates - December 3, 2024



Talbros Automotive plans major capacity expansion across divisions
Automotive Industries   -  May 31,2024
Talbros Automotive Components Ltd. plans expansion amid 80-90% capacity utilization. Focus areas include gasket and heat shield divisions, with a new premise secured in Chakan, Pune. Capex of Rs 20 cr .


Hilton expands its India portfolio with flagship brand in Gurugram
Automotive Industries   -  May 30,2024
Hilton announces the signing of Hilton Gurugram Baani City Centre in partnership with Baani Group, set to open in late 2024. Strategically located along Golf Course Extension Road in Gurugram, the hot .


Lectrix EV to invest Rs 100 crore in FY25, plans multiple launches
Automotive Industries   -  May 29,2024
Lectrix EV, SAR Group's electric mobility arm, targets the two-wheeler segment with new model launches and Rs 100 crore investment in FY25 for charging infrastructure, manufacturing, and R&D. Its .


First Israeli auto firm sets up manufacturing unit in India
Automotive Industries   -  May 21,2024
EVR Motors inaugurates its new plant in Manesar, Haryana, as the first manufacturing operation in India for an Israeli automotive firm. The facility will produce trapezoidal geometry coils for EVR&apo .


TI Clean Mobility commits Rs 320 crore investment
Automotive Industries   -  May 17,2024
TI Clean Mobility, a subsidiary of Tube Investments of India Ltd, plans to invest Rs 471 crore in expansion, primarily to establish a Chennai factory for electric small commercial vehicles. The compan .


PPCB mulls establishing plant for hydrochloric acid recovery
Automotive Industries   -  May 17,2024
The Punjab Pollution Control Board (PPCB) plans to establish a hydrochloric acid (HCL) recovery plant to scientifically and environmentally recover spent acid in Punjab. After studying similar plants .


Veira to invest Rs 450 crore on new unit to boost air cooler production capacity
Automotive Industries   -  May 15,2024
Veira will invest Rs 450 crore to establish a new manufacturing unit in Greater Noida, increasing production capacity for air coolers and washing machines from 1,00,000 to 5,00,000 units annually. The .


Honda commissions new R&D facility to accelerate electrification in India
Automotive Industries   -  May 13,2024
Honda R&D (India), a subsidiary of Honda Motor Co, inaugurates a new research and development center in Bengaluru to accelerate electrification in India. Aligned with Honda's global goal of carbo .


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