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automotive-industries Sector News & Updates - January 5, 2025



Star Cement commences commercial production from new clinker line in Lumshnong, Meghalaya
Automotive Industries   -  Apr 23,2024
Star Cement Ltd has initiated commercial production from its new clinker line in Lumshnong, Meghalaya, boasting a capacity of 3.3 MTPA. This advancement signifies a significant stride in the company&a .


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 .


ReNew, JERA to jointly evaluate green ammonia projects in Odisha
Automotive Industries   -  Apr 22,2024
ReNew Energy Global plc partners with JERA Co. to develop a green ammonia production facility in India, utilizing 500 MW of renewable energy in Paradip, Odisha. The project aims for a capacity of 100, .


Sterling Tools inks deal with Korean firm for EV component manufacturing
Automotive Industries   -  Apr 22,2024
Sterling Tools, an automotive fastener manufacturer, signed an MoU with South Korea’s Yongin Electronics, supplier to Hyundai Kia Motor Group, expecting Rs 250 crore business over 5 years. A new man .


IREDA sets up office in GIFT City
Automotive Industries   -  Apr 22,2024
IREDA has opened an office in GIFT City, Gandhinagar, to offer foreign currency debt assistance for renewable energy and green hydrogen projects, reducing financing costs. This supports India's N .


Avon Defence Systems launches its new facility at TSIIC Hardware Park
Automotive Industries   -  Apr 22,2024
Avon Defence Systems Pvt inaugurated a new facility at TSIIC Hardware Park, Telangana. CEO Srikanth Reddy Aileni emphasized indigenous defense solutions. CTO Raghuveer Reddy outlined technical goals. .


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