January 24, 2025
Tata AutoComp Systems Limited showcased its latest automotive component technologies and localisation initiatives at the Bharat Mobility Global Expo 2025. The event featured the company’s advancements in electric vehicle (EV) components, including lithium-ion battery packs, battery management systems, EV chargers, e-compressors, and integrated drivetrain solutions for both electric and internal combustion engine (ICE) vehicles. The […]
January 24, 2025
Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a manufacturing facility for electric trucks in the state. The agreement was finalized at the World Economic Forum in Davos. The company plans to invest approximately ₹3,500 crores in building the facility, which will have the capacity to […]
January 22, 2025
Vietnamese electric vehicle manufacturer VinFast has announced a $500 million investment over five years to construct a car and battery manufacturing facility in Tamil Nadu, India. The plant, currently under construction in Thoothukudi, is expected to be completed by the second half of 2025. It will have an initial production capacity of 50,000 vehicles annually, […]
January 22, 2025
Hyundai Motor India Limited (HMIL) announced its progress in localizing manufacturing processes, achieving up to 92% localization for its operations. This initiative, part of the company’s indigenization roadmap, includes collaboration with 194 suppliers to produce over 1,200 components at its Chennai facility. Since 2019, HMIL’s localization efforts have reportedly resulted in foreign exchange savings of […]
January 21, 2025
Premium Oilfield Technologies recently highlighted developments at its wholly owned manufacturing facility in Pune, India, as the site prepares for an API 6A license audit. The facility, originally established in 2020, spans over 28,000 square feet, including both enclosed and outdoor storage areas. Equipped with advanced machinery, robotic welding capabilities, and hydrostatic test bays, the […]
January 21, 2025
Garuda Aerospace, a drone manufacturer and service provider, has announced new contracts with several mining corporations across India. The agreements include partnerships with Gujarat Mineral Development Corporation (GMDC), Central Mine Planning and Design Institute (CMPDI) in Jharkhand, Odisha Mining Corporation, and private mining companies. The company will supply drones and related technology aimed at improving […]
January 20, 2025
Airbus Helicopters and Tata Advanced Systems Limited (TASL) are advancing plans to establish an assembly line for the H125 helicopter in India. The initiative, which represents a private-sector entry into civil helicopter production in the country, is nearing a site selection. Uttar Pradesh, Gujarat, Andhra Pradesh, and Karnataka are the states under consideration, with a […]
January 20, 2025
Hitachi Energy India Limited has announced plans to raise up to ₹4,200 crore through equity shares or other securities. The company’s Board of Directors approved the proposal during a meeting on January 18, 2025. The funds may be raised in one or more tranches using methods such as public issues, rights issues, private placements, preferential […]
January 18, 2025
Hyundai Motor Company and TVS Motor Company have announced plans to explore a partnership aimed at developing electric three-wheelers and micro four-wheelers for the Indian market. The announcement was made at the Bharat Mobility Global Expo 2025, where Hyundai also showcased concept models of these vehicles. According to the press release, the collaboration seeks to […]
January 17, 2025
OPG Mobility, formerly known as Okaya EV, has announced plans to raise ₹400 crore over the next 18–24 months to support its growth initiatives, including product portfolio expansion and network enhancement. According to a company press release, this funding will primarily target the development of new electric vehicle (EV) models and the expansion of its […]
