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Royal Enfield signs agreement with Tamil Nadu govt for proposed investment of Rs. 3000 crore
Automotive Industries - Jan 10,2024
Royal Field is set to invest Rs 3,000 crore in Tamil Nadu over the next 8 years. The Memorandum of Understanding (MoU) signed at the Global Investors Meet 2024 in Chennai aims to establish greenfield .

Honda Motorcycle and Scooter inaugurates third assembly at Vithalapur Plant in Gujarat
Automotive Industries - Jan 09,2024
Honda Motorcycle & Scooter India (HMSI) expands its Vithalapur plant in Gujarat with a new assembly line, increasing capacity by 6.5 lakh units. This boosts annual production volumes and includes the .

Mercedes Benz to launch over 12 products in 2024
Automotive Industries - Jan 09,2024
Mercedes-Benz India plans over 12 launches in 2024, including three electric vehicles, with half in the top-end segment. The luxury carmaker will invest Rs 200 crore this year, celebrating 30 years in .

Ashok Leyland to invest Rs 1,200 crore in Tamil Nadu
Automotive Industries - Jan 09,2024
Ashok Leyland allocates a Rs 1,200 crore capex in Tamil Nadu for business expansion over the next three to five years. The Managing Director and CEO, Shenu Agarwal, signed an MoU with the Industries D .

Royal Enfield inks MoU to invest Rs 3,000 crore in Tamil Nadu
Automotive Industries - Jan 09,2024
Royal Enfield has signed an MoU with the Tamil Nadu government, committing a Rs 3,000 crore investment over eight years. The investment is expected to generate around 2,000 direct and indirect jobs in .

Hyundai to invest Rs 6,180 crore on various initiatives in Tamil Nadu
Automotive Industries - Jan 08,2024
Hyundai Motor India is set to invest Rs 6,180 crore in Tamil Nadu, with initiatives including establishing a hydrogen resource centre. The Memorandum of Understanding (MoU) was signed during the Tamil .

Erisha E Mobility to invest Rs. 6,900 crore in Green Hydrogen & Mega EV Park in Gujarat
Automotive Industries - Jan 05,2024
Erisha E Mobility Private Limited has signed an MOU with the Government of Gujarat ahead of the Vibrant Gujarat summit, aiming to reshape India's mobility future. The partnership, expected to gen .

VinFast to establish its first battery plant in Tamil Nadu
Automotive Industries - Jan 03,2024
VinFast, the Vietnamese electric car manufacturer, is poised to inaugurate its inaugural production facility in Tamil Nadu. The Thoothukudi plant will focus on manufacturing batteries for electric veh .