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Skoda-Volkswagen to invest Rs 15,000 crore in Chakan factory
Automotive Industries - Sep 09,2024
Skoda-Auto Volkswagen India has received Maharashtra’s approval for a Rs 15,000 crore investment to build an electric and hybrid vehicle plant in Chakan, Pune. This investment is part of a larger .

EaseMyTrip forays into electric bus manufacturing
Automotive Industries - Sep 07,2024
EaseMyTrip has launched a new subsidiary, Easy Green Mobility, to enter the electric bus manufacturing sector. Investing Rs 200 crore over 2-3 years, the company aims to capture a significant share of .

Brose India aiming for comeback with new investments and products
Automotive Industries - Sep 05,2024
Brose India Automotive Systems, a German auto component company, is exploring joint ventures, mergers, and partnerships to expand in India. CEO Dr. Philipp Schramm highlighted a selective approach, fo .

Karnataka govt's Single Window Clearance panel approves 20 projects
Automotive Industries - Aug 20,2024
The 147th Karnataka State-Level Single Window Clearance Committee approved 20 projects worth Rs 2,280.52 crore, creating 3,457 jobs. Key investments include Toyotetsu India Auto Parts' Rs 450 cro .

M&M in negotiations with Kerala government for electric vehicle manufacturing unit
Automotive Industries - Aug 12,2024
Mahindra and Mahindra is negotiating with the Kerala government to establish an electric vehicle (EV) manufacturing unit, potentially boosting the state's industrial sector. Kerala, leading in EV .

Toyota to invest Rs 20,000 crore in Maharashtra to boost production capabilities
Automotive Industries - Aug 05,2024
Toyota Kirloskar Motor (TKM) has signed an MoU with the Maharashtra government to invest ₹20,000 crore in a new manufacturing facility in Chhatrapati Sambhaji Nagar. The greenfield plant will create .

Ahamani EV plans battery manufacturing facility in India
Automotive Industries - Aug 02,2024
Ahamani EV Technology plans to establish a megawatt-scale battery plant in India and is pursuing technology transfer partnerships with leading EV players. The company, known for its expertise in batte .

Toyota to set up manufacturing plant in Maharashtra
Automotive Industries - Aug 01,2024
Toyota Kirloskar Motor plans to invest around Rs 20,000 crore to set up a new greenfield manufacturing plant in Chhatrapati Sambhaji Nagar, Maharashtra. The company has signed an MoU with the Maharash .