BIADS India Private Limited, a joint venture between Brakes India Private Limited and ADVICS Company Limited, inaugurated its new greenfield manufacturing facility in Shoolagiri, near Hosur, Tamil Nadu. The facility will focus on the production of advanced braking solutions, including electronic stability control (ESC) and other brake control products, for the Indian light vehicle market. […]
Setco Automotive Limited approved a series of transactions on 20 March 2026 to acquire additional equity shares, non-convertible debentures, and assign inter-company loans related to Lava Cast Private Limited, resulting in the entity becoming a wholly owned subsidiary. This reflects a shift towards simplifying the group’s corporate structure rather than expanding operations. The company acquired […]
Sona BLW Precision Forgings Limited approved a capital expenditure of INR 622 million to expand gear production capacity in its driveline business at its board meeting held on 20 March 2026. The investment is intended to support increased output to meet potential customer demand. The company said in a stock exchange filing that the approved […]
Magna Steyr India has inaugurated a new electrical and electronics (EE) laboratory at its Pune engineering facility. The lab, located on the third floor of the company’s existing premises, was made operational within three months and is intended to support both domestic and European projects. Nandu Rangnekar, Managing Director at Magna Steyr India, said the […]
Tsuyo Manufacturing, an electric mobility company and e-mobility component manufacturer, has received clearance from the Government of Karnataka to establish an EV powertrain manufacturing and validation facility in the Hubli-Dharwad region. The project will be developed on a 20-acre site with an investment of INR 2.5 billion and will focus on integrated manufacturing and testing […]
Samvardhana Motherson International Limited has completed the acquisition of 100 percent share capital of Yutaka Autoparts India Private Limited on 16 March 2026, making it a wholly owned subsidiary. The transaction forms part of a broader acquisition involving stakes in Japan-based Yutaka Giken Co., Ltd. and its subsidiary Shinnichi Kogyo Co., Ltd. The acquisition was […]
OBSC Perfection Limited has acquired land in Sanand, Gujarat to establish a new manufacturing unit dedicated to machining operations. The project follows the receipt of a nomination from an Indian auto components manufacturer requiring the company to set up a facility near the customer’s plant. The expansion follows the receipt of a nomination letter from […]
Eugen Forschner GmbH began production at its new plant in Chennai, India, on 24 February 2026, marking the start of operations at the facility and the company’s entry into local manufacturing in the Indian market. The plant forms part of the company’s expansion through its subsidiary Forschner Automotive India Private Limited, incorporated in October 2025. […]
Ashok Leyland Limited has begun construction of a battery pack manufacturing facility at Pillaipakkam near Chennai in Tamil Nadu. The project marks the development of a greenfield unit intended to support the company’s electric mobility manufacturing and battery pack production capabilities. The project will involve an investment of INR 4–5 billion and forms part of […]
Kinetic Engineering Limited announced a promoter group capital infusion of INR 400 million to strengthen its balance sheet and support expansion in electric vehicle (EV) and automotive component businesses. The development was disclosed on 11 March 2026 and comes as the company expands its activities in EV components, battery systems, and precision engineering. The investment […]
