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Uno Minda revs up localisation of EV parts, plans new plant under Inovance TLA
Automotive Industries - Sep 17,2024
Uno Minda plans to establish a greenfield facility for components related to passenger electric vehicles (EVs) in India, responding to increased demand for localised high-voltage EV parts. The company .

CEAT's expansion at Chennai plant to grow its truck, bus radial segment
Automotive Industries - Sep 13,2024
Tyre manufacturer CEAT is expanding its truck and bus radial (TBR) tyre production at its Chennai plant with a Rs 670 crore investment. The new TBR line will produce 1,500 tyres per day and create 500 .

JRG Automotive, Japan-based Takagi Seiko form JV to manufacture parts
Automotive Industries - Sep 11,2024
JRG Automotive Industries has partnered with Japan’s Takagi Seiko Corporation to form a joint venture investing approximately USD 15 million to manufacture automotive parts. The JV, located in Sampl .

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 .