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Automotive-Industries Sector News & Updates - May 20, 2024



THDC aims to make Rs 12K cr coal-based thermal project operational by Sept
Automotive Industries   -  Apr 22,2024
THDC India Ltd plans to commence operations of its coal-based power plant by September 2024, marking its entry into the domestic thermal energy sector. The 1,320 MW Super Thermal Power Project in Bula .


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, .


Bhansali Engineering Polymers to expand ABS production capacity
Automotive Industries   -  Apr 22,2024
Bhansali Engineering Polymers Limited plans a significant expansion of Acrylonitrile Butadiene Styrene (ABS) production capacity from 75,000 to 200,000 TPA at existing plants in Rajasthan and Madhya P .


Amara Raja Infra secures 500 MW solar project from Greenko
Automotive Industries   -  Apr 22,2024
Amara Raja Infra Pvt Ltd secures a 700 MWp solar project from Greenko in Andhra Pradesh, boosting their order book to Rs 1,516 crore. The project, spanning 2,200 acres near Uyyalavada Town, Kurnool, i .


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. .


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 .


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 .


Honda begins work for new warehouse facility in Karnataka
Automotive Industries   -  Apr 16,2024
Honda initiates construction of a spare parts warehouse in Doddaballapura near Bengaluru, Karnataka, to serve Honda Cars India, Honda Motorcycle & Scooter India, and Honda India Power Products. Oper .


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