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JSW MG Motor to invest Rs 3,000 crore in India by 2025
Automotive Industries - Jul 19,2024
JSW MG Motor India plans to invest Rs 3,000 crore by 2025 to expand capacity and launch five new vehicles, including electric and internal combustion models. This investment will triple production cap .

Brakes India sets sight on Rs 1,000 crore capex for five-year expansion plan
Automotive Industries - Jul 19,2024
Brakes India plans to invest ₹250-300 crore annually over the next five years, aiming to exceed ₹1,000 crore total capital expenditure. The company is expanding its foundry capacity in Gujarat to .

Wheels India lines up capex of Rs 225 crore
Automotive Industries - Jul 18,2024
Wheels India has announced a Rs 225 crore capex plan for the current financial year to boost capacity in various segments, including aluminium and earthmoving wheels, hydraulic cylinders, and windmill .

Kochi Corporation to decide on key projects for Brahmapuram Waste Treatment Plant
Automotive Industries - Jul 17,2024
The Kochi corporation council will review financial demands for the Brahmapuram Waste Treatment Plant, including a Rs. 1,03,99,963 estimate for urgent road improvements to facilitate vehicle movement. .

EV startup River Mobility exploring Telangana for Rs 1,000 crore manufacturing facility
Automotive Industries - Jul 17,2024
Bengaluru-based EV startup River Mobility Pvt Ltd is considering Telangana for a Rs 1,000 crore manufacturing plant to meet rising demand for electric vehicles in India. The company is negotiating wit .

Super Auto Forge plans Rs 500 crore investment for capacity expansion and technology
Automotive Industries - Jul 08,2024
Super Auto Forge Pvt Ltd, a Chennai-based Tier 2 auto component supplier, plans to invest Rs 500 crore over five years to expand capacity and upgrade technology, driven by growth in export and domesti .

Mahindra & Mahindra to deploy ABB's technology for EV paint facility
Automotive Industries - Jul 05,2024
Mahindra & Mahindra (M&M) has chosen ABB's PixelPaint technology for its upcoming electric vehicle (EV) paint facility, marking a first in India's automotive sector. This innovative technolo .

Ather Energy to invest Rs 2,000 crore to set up third plant in Maharashtra
Automotive Industries - Jul 01,2024
Ather Energy plans to establish its third manufacturing facility in Maharashtra's Bidkin, Aurangabad, with an investment exceeding Rs 2,000 crore. The facility will produce electric two-wheelers .