Hyundai Motor India Ltd. (HMIL) has announced plans to establish and operate a tooling centre in India, following approval from its board of directors on March 24, 2025. The company intends to invest approximately INR 6.94 billion in the facility, which will focus on manufacturing stamping tools and panel production for vehicles. According to HMIL, […]
Samvardhana Motherson International Limited (SMIL) has announced that its subsidiary, Samvardhana Motherson Automotive Systems Group B.V. (SMRP B.V.), will invest between USD 5 million and USD 7 million in REE Automotive Ltd. According to a regulatory filing, the investment is aimed at maintaining SMRP B.V.’s existing ownership percentage in REE Automotive as the latter raises […]
SML Isuzu has announced changes in its senior management, with Yasushi Nishikawa set to assume the role of Managing Director and CEO, effective April 17, 2025. The appointment follows the resignation of Junya Yamanishi, who will step down on April 16, 2025, due to a change in his position at Sumitomo Corporation, Japan, the company’s […]
KS Engineers Global CEO Rossegger Wolfram visited Kristl Seibt India Pvt Ltd’s new manufacturing facility in Bhosari, Pune, during a recent delegation visit. The visit included discussions on the company’s global operations and its growth strategy in India. The facility, located at T-165/3/6, Priyadarshani Mahila Swayamrojgar Industrial Premises near MIDC Chowk, expands Kristl Seibt India’s […]
Toyota Motor Corporation is establishing its first research and development (R&D) center in India through its local unit, Toyota Kirloskar Motor, according to a report by Bloomberg. The facility will commence operations with approximately 200 personnel in Bengaluru, near the existing factory in Bidadi, and is expected to expand to around 1,000 engineers by 2027. […]
Ashok Leyland has inaugurated a new bus manufacturing plant in Malavalli, near Vijayawada, Andhra Pradesh. The facility, spanning 75 acres, has an annual production capacity of 4,800 buses, including both diesel and electric models under Ashok Leyland and Switch Mobility brands. The plant integrates advanced manufacturing technologies and automation to enhance production efficiency. It also […]
Hero Motors Limited (HML) has announced a joint venture with SchmiedeTechnik Plettenberg (STP), Germany, to produce forged powertrain components in India for global markets. The manufacturing facility is expected to begin production by mid-2026 at Hero Industrial Park in Ludhiana. The facility will focus on near-net shape precision forging for automotive applications. STP, a German […]
Škoda Auto Volkswagen India has reached a production milestone with the rollout of its 500,000th locally manufactured engine from the Chakan facility in Pune. The milestone unit was a 1.0-liter TSI engine. The company has been manufacturing engines at the Chakan plant since 2014, with a focus on localization and adherence to global quality and […]
Shivam Autotech Limited has approved a corporate term loan of INR 400 million to partially refinance existing debt and support working capital needs, according to a regulatory filing submitted to stock exchanges. The company, which manufactures precision components for vehicle manufacturers, has been managing industry challenges such as fluctuating raw material costs and changing market […]
International Automotive Components (IAC) Group has inaugurated its third manufacturing facility in Chakan, India, enhancing its production capabilities in the region. The new plant is equipped with advanced Pressure Lamination and Laser Scoring technology, aimed at improving production efficiency and product quality. This development aligns with IAC’s strategy to expand its footprint in India’s automotive […]
