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automotive-industries Sector News & Updates - May 20, 2024



Star Cement commences commercial production from new clinker line in Lumshnong, Meghalaya
Automotive Industries   -  Apr 23,2024
Star Cement Ltd has initiated commercial production from its new clinker line in Lumshnong, Meghalaya, boasting a capacity of 3.3 MTPA. This advancement signifies a significant stride in the company&a .


MoRTH Invites Tender for Two-Laning of Bero-Khunti Section in Jharkhand
Automotive Industries   -  Apr 23,2024
The Ministry of Road Transport and Highways (MoRTH) has opened a tender for the two-laning of the Bero-Khunti section in Jharkhand, spanning from km 37.400 to km 85.560 on NH-143AG. The project aims t .


Odysse Electric looking to raise USD 5-10 million for expansion
Automotive Industries   -  Apr 23,2024
Odysse Electric plans to raise USD 5-10 million to fuel growth initiatives, including new product development and expanding manufacturing capabilities for the mass market. CEO Nemin Vora stated that t .


SDLG opens its maiden manufacturing facility in Bengaluru
Automotive Industries   -  Apr 23,2024
SDLG, a Volvo Group member, inaugurated its first manufacturing plant in Peenya, Bengaluru. With a capacity of 1,000 machines annually per shift, it focuses on five products. SDLG's growth machin .


Rajoo Engineers ramps up facility expansion in Gujarat
Automotive Industries   -  Apr 23,2024
Rajoo Engineers has expanded its facility in Rajkot, Gujarat, tripling its manufacturing capacity to meet growing demand for plastic processing machinery. The new factory, covering 18,000 sq. mtrs., s .


Amplus Solar plans launch of distributed green hydrogen projects
Automotive Industries   -  Apr 22,2024
Amplus Solar aims to introduce distributed green hydrogen projects by next year, already initiating work on the green hydrogen model. Specializing in solar power, the company installs solar projects a .


Inox Wind bags repeat order from Hero Future Energies
Automotive Industries   -  Apr 22,2024
Inox Wind secures a 210 MW repeat order for its three MW wind turbine generators from Hero Future Energies. The contract includes equipment supply, add-on services, and post-commissioning O&M services .


Hindustan Zinc plans $300 mn capex for FY25
Automotive Industries   -  Apr 22,2024
Hindustan Zinc allocates $300 million for FY25 capital expenditure to construct a new roaster in Rajasthan. CFO Sandeep Modi confirms the project will be funded through strong cash flow, eliminating t .


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