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



Vesuvius Group to invest Rs 1000-crore in India
Automotive Industries   -  Apr 23,2024
Vesuvius India plans to invest Rs 1,000 crore in India, doubling its initial investment target. The company inaugurated a new mould flux manufacturing plant in Vishakapatnam to meet the rising demand .


ONGC awards PMC contract to NET Enterprise
Automotive Industries   -  Apr 23,2024
ONGC awarded a contract to Nauvata Energy Transition (NET) Enterprise and PERC Engineering for FEED and PMC services. The contract covers concept study and bid package preparation for developments in .


HPSD and Sagar Semiconductors team up to boost India’s semiconductor sector
Automotive Industries   -  Apr 23,2024
Hitachi Power Semiconductor Device (HPSD) and Sagar Semiconductors (Sagar Semi) signed a MoU to collaborate on joint-marketing for high power devices, New Product Development (NPD), and technology tra .


BFW sets up a digitised plant in Tamil Nadu at Rs 200-cr outlay
Automotive Industries   -  Apr 23,2024
Bharat Fritz Werner (BFW), a machine tool manufacturer, invested Rs 200 crore in a fully digitalized plant in Hosur, Tamil Nadu, covering 54 acres. With a focus on tech-driven production, the facility .


MoRTH Invites Tender for Two-Laning of Bero-Khunti Section in Jharkhand
Automotive Industries   -  Apr 23,2024
The Ministry of Road Transport and Highways (MoRTH) has opened a tender for the two-laning of the Bero-Khunti section in Jharkhand, spanning from km 37.400 to km 85.560 on NH-143AG. The project aims t .


Odysse Electric looking to raise USD 5-10 million for expansion
Automotive Industries   -  Apr 23,2024
Odysse Electric plans to raise USD 5-10 million to fuel growth initiatives, including new product development and expanding manufacturing capabilities for the mass market. CEO Nemin Vora stated that t .


SDLG opens its maiden manufacturing facility in Bengaluru
Automotive Industries   -  Apr 23,2024
SDLG, a Volvo Group member, inaugurated its first manufacturing plant in Peenya, Bengaluru. With a capacity of 1,000 machines annually per shift, it focuses on five products. SDLG's growth machin .


Rajoo Engineers ramps up facility expansion in Gujarat
Automotive Industries   -  Apr 23,2024
Rajoo Engineers has expanded its facility in Rajkot, Gujarat, tripling its manufacturing capacity to meet growing demand for plastic processing machinery. The new factory, covering 18,000 sq. mtrs., s .


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