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Amara Raja inks pact with Ather Energy for making 2-wheeler battery packs
Automotive Industries - Aug 01,2024
Amara Raja Energy & Mobility's subsidiary, Amara Raja Advanced Cell Technologies, will sign an MoU with Ather Energy to develop and supply NMC and LFP Lithium-Ion cells at its upcoming gigafactor .

Mahindra looks to add five-door Thar production capacity by 4,000 units per month
Automotive Industries - Aug 01,2024
Mahindra & Mahindra (M&M) plans to add 4,000 units per month to its production capacity for the five-door Thar, set to launch soon. The company targets a total manufacturing capacity of 64,000 units t .

Brakes India-ADVICS joint venture to establish Rs 500 crore unit near Hosur
Automotive Industries - Jul 26,2024
Brakes India and ADVICS are investing ₹500 crore in a new greenfield factory at SIPCOT park, Shoolagiri, Tamil Nadu, pending land allotment. This facility will produce advanced braking systems, focu .

Suzuki, Banas Dairy inks MoU for biogas plant in Gujarat
Automotive Industries - Jul 26,2024
Suzuki Motor Corporation, NDDB, and Banas Dairy signed an MoU to establish a fifth biogas plant in Gujarat, promoting rural mobility with biogas. The project will produce automobile fuel from refined .

Tamil Nadu CM Stalin to lay foundation for JLR-TaMo manufacturing unit
Automotive Industries - Jul 23,2024
Tamil Nadu Chief Minister M.K. Stalin will lay the foundation for the Rs. 9,000 crore JLR and Tata Motors facility in Ranipet next month. JLR will produce luxury electric vehicles, while Tata Motors w .

JSW MG Motor to invest Rs 3,000 crore in India by 2025
Automotive Industries - Jul 19,2024
JSW MG Motor India plans to invest Rs 3,000 crore by 2025 to expand capacity and launch five new vehicles, including electric and internal combustion models. This investment will triple production cap .

Brakes India sets sight on Rs 1,000 crore capex for five-year expansion plan
Automotive Industries - Jul 19,2024
Brakes India plans to invest ₹250-300 crore annually over the next five years, aiming to exceed ₹1,000 crore total capital expenditure. The company is expanding its foundry capacity in Gujarat to .

Wheels India lines up capex of Rs 225 crore
Automotive Industries - Jul 18,2024
Wheels India has announced a Rs 225 crore capex plan for the current financial year to boost capacity in various segments, including aluminium and earthmoving wheels, hydraulic cylinders, and windmill .