Lucas TVS is expanding its electric vehicle (EV) battery pack production and plans to enter the energy storage sector. The company, through its subsidiary TVS Indeon Ltd, operates a battery pack manufacturing facility in Thervoy Kandigai, Gummidipoondi, near Chennai, which began production in 2024. The facility currently has a capacity of 1,500 battery packs per […]
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited, has inaugurated a new electric vehicle (EV) manufacturing facility in Pithampur, Indore. The plant, spanning 2.5 acres, has an initial production capacity of 8,000 to 10,000 electric light commercial vehicles (e-LCVs) annually, with plans for phased expansion. The facility includes an in-house skateboard platform to […]
JBM Auto has incorporated a wholly owned subsidiary, JBM EV Ventures Private Limited, to provide electric vehicle (EV) battery services on a subscription basis. The subsidiary will focus on research, development, manufacturing, and sale of battery technologies and related products. JBM Auto has subscribed to 50,000 equity shares of JBM EV Ventures, each with a […]
BP has announced a strategic review of its Castrol lubricants business to assess potential options for enhancing value. This move aligns with BP’s broader strategy to refocus on its core oil and gas operations, aiming to raise $20 billion through asset sales by 2027 to strengthen its balance sheet. Castrol operates in over 150 countries, […]
RRP Electronics Limited has formed a strategic alliance with US-based Deca Technologies, Inc. to advance its semiconductor packaging capabilities. This collaboration aims to integrate Deca’s wafer-level chip-scale packaging (WLCSP) and M-Series™ fan-out wafer-level packaging (FOWLP) technologies into RRP Electronics’ assembly and testing operations. As part of this partnership, RRP Electronics plans to invest in a […]
Noida-based electric vehicle and energy storage company Inverted has announced plans to establish a 5GWh fully automated production plant in Ghilot, Rajasthan. The company has allocated Rs 100 crore for the development of the facility, which will cover four acres. The plant will incorporate advanced robotics and AI-driven automation systems for the production of battery […]
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are increasing their sourcing of aerospace components from India as supply chain disruptions continue to impact Western manufacturers, according to a report by Reuters. The move is contributing to the growth of India’s aerospace sector, with local firms expanding operations and revenue. Hical Technologies, a Bengaluru-based supplier […]
Kalyani Powertrain, a subsidiary of Bharat Forge Ltd., has entered the Indian server market through a collaboration with AMD (Advanced Micro Devices). The partnership aims to manufacture servers in India incorporating AMD’s EPYC™ processors, with future plans to integrate AMD Instinct™ accelerators. At an event in Pune, representatives from both companies, including Bharat Forge Chairman […]
Semi-Conductor Laboratory (SCL) has invited bids for a Rs 4,000-crore modernization of its 180-nanometer semiconductor fabrication facility. The project aims to replace outdated equipment and increase production capacity from 700 to 1,500 wafer starts per month (WSPM). SCL’s upgrade project is divided into three bid packages: Bidders can participate individually or as part of a […]
Taiwan-based Delta Electronics is investing $500 million in India to expand its operations under the government’s Make in India initiative, a company executive said. The investment, originally announced in 2015, aims to strengthen the company’s manufacturing and research capabilities in the country. Benjamin Lin, President of Delta Electronics India, stated at the Elecrama 2025 event […]
