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Top official from Ashok Leyland outlines future objectives
Automotive Industries - Feb 20,2024
Ashok Leyland aims to become a top 10 global commercial vehicle manufacturer and achieve net-zero emissions by 2048. Their growth strategy includes expansion into global markets and the electric vehic .

JSW signs MoU with Odisha govt for Rs 40,000 cr EV facility
Automotive Industries - Feb 12,2024
JSW Group signs an MoU with the Odisha government to establish a Rs 40,000 crore integrated EV manufacturing facility, marking its entry into the automobile sector. The project in Cuttack and Paradip .

Hero MotoCorp gets nod to invest Rs 600 crore for setting up Global Parts Center 2
Automotive Industries - Feb 12,2024
Hero MotoCorp plans to invest up to Rs 600 crore in setting up a Global Parts Center (GPC) 2.0 in Tirupati, Andhra Pradesh, with a storage capacity of 36,700 SKUs to support the Parts, Accessories, an .

Omega Seiki Mobility plans hydrogen-powered SCVs with French technology
Automotive Industries - Feb 01,2024
Omega Seiki Mobility (OSM) plans to manufacture green hydrogen-powered small commercial vehicles in India through a partnership with a French company. The joint entity, Hydrogen Intelligence SA, aims .

Wabtec Corp secures USD 157 million brake system order from Siemens
Automotive Industries - Jan 28,2024
Wabtec Corporation secures a $157 million brake system order from Siemens India Pvt Ltd for Indian Railways' 9000 HP Locomotive project. The contract aims to enhance operating performance and saf .

Tata Motors set to start EV production at Sanand Plant
Automotive Industries - Jan 23,2024
Tata Motors plans to initiate electric vehicle (EV) production at its Sanand plant, acquired from Ford India, starting in April. The NEXON EV will be the first EV produced, with future models to follo .

Murugappa arm TII set for big EV push
Automotive Industries - Jan 23,2024
Tube Investments of India (TII), part of the Murugappa Group, plans to expand its electric vehicle (EV) presence with launches including a three-wheeler cargo, e-rickshaw, tractors, and four variants .

Suzuki to invest USD 4 billion for second car plant in Gujarat
Automotive Industries - Jan 11,2024
Maruti Suzuki plans to invest $4.2 billion in building a second car plant in Gujarat and adding a new production line at an existing facility. This move will increase the annual production capacity in .