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automotive-industries Sector News & Updates - July 23, 2024



RVNL-URC joint venture bags Rs 543-crore Indore Metro Rail project
Automotive Industries   -  Dec 13,2023
Rail Vikas Nigam Ltd (RVNL) and URC Construction Pvt Ltd (URC) have secured the lowest bid for the Indore Metro Rail Project. Valued at Rs 543 crore, the project involves designing and constructing an .


Lemon Tree Hotels inks a new property in Kundapura, Karnataka
Automotive Industries   -  Dec 13,2023
Lemon Tree Hotels has signed a new property in Kundapura, Karnataka, expected to commence operations by FY27. The hotel will be managed by Carnation Hotels Private Limited, the management arm of Lemon .


MSRDC to develop economic nodes along Samruddhi Expressway
Automotive Industries   -  Dec 08,2023
The Maharashtra State Road Development Corporation (MSRDC) plans to establish economic hubs along the completed Nagpur-Mumbai Samruddhi Expressway. Proposed nodes include Nashik, Ahmednagar, and two i .


RSP expands into Chennai to make use of India's growing robotics market
Automotive Industries   -  Nov 22,2023
Robot System Products (RSP), a spinoff of ABB, establishes Scandinavian Robot Systems India Private Limited in Chennai to tap into the growing Indian robotics market. With a market valuation of $13.23 .


Atmantan inks a Rs 125-crore MoU with Uttarakhand government
Automotive Industries   -  Nov 20,2023
Atmantan Wellness Centre signs a Rs. 125 crore MoU with the Uttarakhand Government to enhance wellness tourism, create jobs, and promote healthy living. Chief Minister Pushkar Singh Dhami and Nikhil K .


Dedicated Freight Corridor Corp identifies five stations for freight terminals
Automotive Industries   -  Nov 08,2023
DFCCIL, in its Vadodara division, actively builds freight terminals at railway stations, identifying potential sites in Varedia, Makarpura, New Sanjali, New Gothan, and New Udhana. Tendering for these .


Gujarat and Wardwizard Innovation ink MoU for manufacturing of electric vehicles
Automotive Industries   -  Oct 30,2023
The Gujarat government and Wardwizard Innovations & Mobility have signed a preliminary agreement to invest Rs 2,000 crore in establishing an electric vehicle (EV) auxiliary cluster by 2024. The invest .


Tata Motors establishes two R&D facilities on H2 fuel tech
Automotive Industries   -  Oct 25,2023
Tata Motors inaugurated two R&D facilities in Pune to advance hydrogen fuel technologies, aligned with its aim of achieving net-zero emissions by 2045. Focusing on battery electric, hydrogen fuel ce .


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