Kinetic Engineering Limited has invested INR 50 million in its subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to 5 million equity shares at INR 10 per share. Following this investment, Kinetic Engineering’s shareholding in KWVL has increased from 61.63% to 66.11%. KWVL was incorporated on September 27, 2022, and is engaged in the […]
Kia Motors has reported the theft of 900 vehicle engines from its manufacturing facility near Penukonda in Andhra Pradesh over a five-year period, according to a Times of India report. The missing inventory was identified during a year-end audit in March 2025. A police investigation was initiated following a formal complaint lodged by company management […]
Belrise Industries has acquired H-One India, the Indian subsidiary of Japan-based H-One Co., in a move aimed at expanding its automotive manufacturing operations in India. The acquisition includes two manufacturing facilities located in North India and is expected to enhance Belrise’s production capacity and supply chain efficiency. H-One India is involved in the design and […]
Sundaram Finance Holdings Limited (SFHL) has announced plans to acquire 24.16% of the equity share capital in Axles India Limited for a total consideration not exceeding INR 1.83 billion. The transaction involves the purchase of 6,158,208 equity shares at INR 296.65 per share from Dana Global Products Inc., a foreign promoter of Axles India. Following […]
TS TECH Co., Ltd. will establish a joint venture company in India with Krishna Management Services LLP, aiming to strengthen its manufacturing and product development capabilities in the country. The new entity, KRISHNA TS TECH Auto. Pvt., Ltd., will focus on designing, developing, and manufacturing automotive components, including car seats. The joint venture will be […]
Greaves Cotton Limited has announced a manufacturing partnership with Chara Technologies to produce synchronous reluctance motors and controllers that do not use rare-earth elements. The components will be manufactured at Greaves’ facility in Shendra, Aurangabad, and will support both automotive and non-automotive applications including L5 three-wheelers, golf carts, and four-wheelers. According to a company-issued press […]
Hyundai Mobis has opened a new automotive software research and development center in Hyderabad, India, combining its two previously established R&D facilities into a single location. The new center began operations on April 7, 2025, and will focus on software for vehicles, including development related to software-defined vehicles (SDVs). The facility is intended to serve […]
Mahindra & Mahindra has announced the inauguration of its expanded Mahindra India Design Studio (MIDS) in Mumbai. The new facility doubles the footprint of the previous studio and introduces additional design infrastructure and technologies to support the company’s Auto, Farm, and Last Mile Mobility (LMM) businesses. Originally established in 2015, MIDS now includes enhanced machinery, […]
The Automotive Research Association of India (ARAI) has inaugurated a new vehicle testing and evaluation facility at the National Automotive Test Tracks (NATRAX) in Indore, Madhya Pradesh. The new site, called the ARAI-VE Lab Workplace, is intended to support vehicle manufacturers, system suppliers, and tyre companies with services related to vehicle dynamics testing and Advanced […]
Applus+ Iteuve has announced the launch of two vehicle inspection centres in Assam, located in Jorhat and Biswanath. The Biswanath facility includes an Automated Testing Station (ATS), which enables vehicle owners to obtain fitness certificates through a fully automated process without manual intervention. The company stated that the new centres are intended to support vehicle […]
