Toyoda Gosei Co., Ltd. held a bhoomi-poojan (groundbreaking ceremony) for its new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, on December 5, 2024. This marks a significant milestone in the company’s expansion plans in India, targeting the growing demand for automotive components. The facility, operated by Toyoda Gosei South India Pvt. Ltd., will begin […]
Anurag Mehrotra, Vice President of International Business and Strategy at Tata Motors’ Commercial Vehicles division, has resigned from his position. Sources indicate that he is set to join JSW MG Motor as Chief Executive Officer in February 2024. Mehrotra joined Tata Motors in October 2021 after serving as Managing Director of Ford India. At Tata […]
Royal Enfield has established a new motorcycle assembly plant in Thailand, marking its first standalone assembly facility outside India. The plant, located in Samut Prakan province near Bangkok, spans 57,000 square feet and has an annual production capacity exceeding 30,000 units. The facility will initially serve the Thai market, with plans to expand distribution to […]
Pritika Group, a manufacturer of precision-machined components for tractors and heavy commercial vehicles, has commenced commercial production of intermediate and axle housings. These components are for a leading multinational tractor manufacturer in India. The production follows the successful completion of inspections and trials at the customer’s facilities. According to a press release issued by the […]
ZF Commercial Vehicle Solutions (CVS) India has inaugurated an Electronic Stability Control (ESC) test track in Chennai, aimed at advancing vehicle safety and performance testing. The facility, certified by TÜV Rheinland and ARAI, complements the company’s existing ABS test track. The ESC test track features a 200-meter diameter dynamic pad with a 0.9 µ surface […]
RSB Group, an Indian automotive component manufacturer, has outlined ambitious growth plans as it celebrates its 50th anniversary. The company aims to achieve ₹10,000 crore in revenue within the next three to four years, supported by a recent partnership with Bain Capital and a planned initial public offering (IPO). Founded in 1974 with an investment […]
Mahindra & Mahindra Limited has announced its financial results for the second quarter (Q2) and the half-year ending September 30, 2024. The company reported a consolidated profit after tax (PAT) of ₹3,171 crore for Q2, reflecting a 35% year-over-year increase from ₹2,348 crore in Q2 of the previous year. Consolidated revenue for the quarter rose […]
Allison Transmission has announced a $100 million (Rs 833 crore) investment to expand its manufacturing facility in Chennai, India. The multi-year project will add 200,000 square feet to the facility, doubling its current production footprint. The expansion is scheduled to complete in 2025, with full operational capacity expected by 2027. The increased capacity will support […]
Renault Nissan Automotive India Pvt Ltd (RNAIPL) has announced its Oragadam manufacturing plant in Tamil Nadu has produced over 4.5 million powertrain units since beginning operations in 2010. The 600-acre facility supplies these units, which include engines and gearboxes, to both domestic and international markets for Renault and Nissan vehicles. The facility has manufactured more […]
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 […]