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



TVS ILP allocates Rs 125 crore for new warehousing facility in Cuttack
Automotive Industries   -  Apr 15,2024
TVS ILP, part of TVS Mobility Group, is constructing a warehouse in Cuttack, Odisha, marking its entry into eastern markets. Spanning 24 acres, the facility will include two warehouses serving various .


Hindustan Zinc, VEXL Environ Projects sign pact to set up pilot project for waste management
Automotive Industries   -  Apr 15,2024
Hindustan Zinc Ltd (HZL) partners with VEXL Environ Projects to establish a pilot project converting waste into resources, aligning with their waste management strategy. The collaboration aims to pi .


Uno Minda starts construction of new plant in Haryana
Automotive Industries   -  Apr 12,2024
Uno Minda Limited, a global automotive solutions provider, is constructing a new alloy wheel plant in Haryana's IMT Kharkhoda. With a monthly capacity of 120,000 wheels, the plant requires a capi .


Damson Technologies to shift 50% production from China to India
Automotive Industries   -  Apr 12,2024
Damson Technologies, a mobile accessories manufacturer, plans to move 50% of its production from China to India, investing Rs 150 crore initially. This shift is driven by China's sanctions and In .


Craftsman Automation, RIICO sign pact to set up plant in Rajasthan
Automotive Industries   -  Apr 10,2024
Craftsman Automation and Rajasthan State Industrial Development and Investment Corporation have agreed to establish an aluminium products plant in Alwar's Salarpur industrial area, with an initia .


Ahmedabad to expand SP Ring Road to six lanes
Automotive Industries   -  Apr 10,2024
Ahmedabad Urban Development Authority (Auda) is expediting the widening of SP Ring Road to six lanes due to expected heavy traffic in 5-7 years. Translink will prepare the detailed project report (DPR .


Cluster of MSME industries around Sri City proposed
Automotive Industries   -  Apr 10,2024
Adarsh Rajendran, CEO of AP MSME Corporation, proposed establishing an industrial cluster around Sri City to support major manufacturing companies. Impressed by Sri City's infrastructure, he expl .


Hyundai, Kia tie up with Exide for electric vehicle battery localisation
Automotive Industries   -  Apr 10,2024
Hyundai and Kia partner with Exide Energy Solutions to localize EV battery production in India, focusing on lithium iron phosphate cells. This aligns with India's carbon neutrality goals. Hyundai .


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