Mahindra & Mahindra (M&M) has inaugurated two new testing facilities in Kanchipuram, Tamil Nadu, aimed at enhancing SUV safety and advancing battery technology. These facilities, including a passive safety lab and a battery and cell research lab, represent an investment of over ₹300 crore, according to a press release issued by the company. The passive […]
Ford Motor Company is evaluating changes in its strategy for its Chennai plant, with potential plans to focus on hybrid and internal combustion engine (ICE) vehicle components in addition to electric vehicles (EVs). This approach comes as the company assesses market volatility, particularly in China and Southeast Asia, which has affected EV demand. Sources indicate […]
Gujarat Fluorochemicals Limited (GFCL) has secured a capital investment of ₹1,000 crore for its electric vehicle (EV) battery materials subsidiary, GFCL EV Products. The investment round was led by InoxGFL Group promoters, alongside contributions from other investors and family offices from major Indian business groups, as stated in a company press release. This funding values […]
Jaguar Land Rover (JLR) has opened a new Open Innovation Hub in India, focused on advancements in electric vehicle (EV) technology, artificial intelligence (AI), and autonomous driving systems. The India facility is JLR’s fifth such hub, following similar centres in the UK, US, Israel, and Brazil. This expansion aligns with JLR’s ongoing initiative to foster […]
DCM Shriram has commissioned a 300 tonnes per day (TPD) flexi-fuel flaker plant at its chemical complex in Jhagadia, Gujarat. The facility, launched on October 17, 2024, is designed to operate with flexible fuel inputs, aiming to enhance operational efficiency. In addition to the newly commissioned plant, the company is nearing completion of a second […]
MoldTecs has opened its first manufacturing plant in India, located in Bawal, Haryana. The facility will produce technical plastic components for the automotive sector, marking a strategic expansion into the Indian market. The new plant aims to support the increasing demand from local original equipment manufacturers (OEMs) in India’s automotive industry. In a company-issued press […]
Camozzi Automation has inaugurated a new facility in Noida, marking an expansion of its operations in India. The company, which specializes in automation solutions, aims to strengthen its presence in the Indian market, focusing on sectors such as robotics, material handling, and life sciences. According to a press release, the Noida plant will also house […]
Freudenberg Group, a Germany-based technology company, has inaugurated two new manufacturing facilities in Morinda, India, covering a combined area of 40,700 square meters. The facilities are operated by Freudenberg-NOK India Pvt. Ltd. and Vibracoustic India. This consolidation of operations, previously based in Basma and Mohali, is intended to improve production efficiency and support the company’s […]
Rashtriya Chemicals and Fertilizers Ltd (RCF) has approved a ₹1,000.27 crore contract with Larsen & Toubro Ltd for the construction of a new complex fertilizer plant at its Thal facility in Maharashtra. The plant, with a production capacity of 1,200 metric tons per day (MTPD) on a di-ammonium phosphate (DAP) basis, will be constructed on […]
The Federation of European Business in India (FEBI) was formally inaugurated, marking a significant step in fostering economic ties between the European Union (EU) and India. FEBI, now established as the official EU Chamber of Commerce in India, aims to enhance trade and investment, streamline business processes, and support European companies operating in the Indian […]
