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Waaree Renewable Tech bags LoA worth Rs 740 crore for solar power project
Automotive Industries - Mar 12,2025
Waaree Renewable Technologies Ltd, as part of a three-member consortium, received a Letter of Award (LOA) for a ₹740.06 crore EPC contract for a 125 MWAC (181.3 MWp DC) solar power project. The turn .

UP govt shifts land allocation for HCL-Foxconn chip unit to cut down delays
Automotive Industries - Mar 11,2025
The Uttar Pradesh government has allocated 48 acres of land in Sector 28 of YEIDA for the HCL-Foxconn semiconductor plant. This follows HCL’s request to move from the originally planned 50-acre site .

Jupiter Electric Mobility launches JEM TEZ
Automotive Industries - Mar 07,2025
Jupiter Electric Mobility (JEM) has launched its flagship electric light commercial vehicle (e-LCV), the JEM TEZ, and inaugurated an EV manufacturing plant in Pithampur, Indore. The JEM TEZ offers a 1 .

H S Hyosung to invest Rs 1,740 crore in Nagpur’s Butibori Industrial Estate
Automotive Industries - Mar 06,2025
The Maharashtra Government signed an MoU with South Korea's H S Hyosung Advanced Materials Corporation for a Rs 1,740 crore investment in Butibori, Nagpur. The investment will establish an advanc .

Ask Automotive inks pact with Japanese firm to supply alloy wheels
Automotive Industries - Mar 04,2025
Ask Automotive has signed a technical assistance and licensing agreement with Kyushu Yanagawa Seiki Co, Japan, to produce high-pressure die-cast alloy wheels for two-wheelers. The partnership will foc .

ACME Solar plans Rs 17,000 crore capital expenditure
Automotive Industries - Mar 04,2025
ACME Solar Holdings plans to invest Rs 17,000 crore to expand its renewable energy capacity to 5 gigawatts by 2026, focusing on Hybrid and FDRE projects. The expansion will occur in two phases startin .

TVS Indeon Expands Lithium battery production in Tamil Nadu
Automotive Industries - Mar 03,2025
TVS Indeon Ltd, a subsidiary of Lucas TVS Ltd, is expanding its lithium battery production at its Thervoy Kandigai facility. The plant, operational since 2024, currently produces 1 GWh of battery capa .

Ather Energy accelerates new product development
Automotive Industries - Feb 28,2025
Ather Energy is expanding its research and development (R&D) and testing capabilities at its product testing and validation centre, "The Juggernaut," in Begur, Bengaluru. The 38,692 sq. ft. facility w .