Thyssenkrupp Automotive Body Solutions has inaugurated a new office in Baner, India, on December 17, 2024. The facility will accommodate 40 employees and serve as the base for the company’s Global Engineering Hub. The office is located in the center of Baner, adjacent to a metro station, providing accessibility for employees. According to a statement […]
JRG Automotive Industries Private Limited has acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI), expanding its manufacturing presence in South India. The acquisition includes two operational manufacturing facilities located in Manesar, Haryana, and Bangalore. The acquired division specializes in plastic injection-moulded components for two-wheeler original equipment manufacturers (OEMs), construction equipment manufacturers, […]
Craftsman Automation Limited has announced plans to set up a new manufacturing plant at SIPCOT Industrial Park, Shoolagiri, Hosur. The company’s board of directors approved the project during a meeting held on January 29, 2025, according to a statement issued by the company. The proposed facility will focus on aluminium product manufacturing and is expected […]
Magna has inaugurated a new manufacturing plant in Chakan, Maharashtra, to produce latches and mirrors for carmakers in western India. The 65,000 sq. ft. facility is expected to generate over 300 jobs within the next three years. Jeff Hunt, President of Magna MML (Mechatronics, Mirrors, and Lighting), officially opened the facility on Wednesday in a […]
Madhya Pradesh Chief Minister Mohan Yadav met with senior executives of Toyota Motor Corporation in Tokyo to discuss potential investment opportunities in the state. The meeting included Toshiyuki Nakahara, Department General Manager of Administration and Support for India and the Middle East, and Masahiro Nogi, Project General Manager. Discussions focused on Toyota’s operations in India […]
Ezz LCV, the authorized distributor for TVS Motor Company in Egypt, has inaugurated a new assembly line in Giza to bolster local manufacturing of TVS two-wheelers. The project represents an investment of approximately $6.5 million (around ₹54 crore) and is expected to achieve an annual production capacity of 100,000 units. The facility will manufacture key […]
Pritika Auto Industries Limited has started the commercial production of four newly developed components for a multinational tractor manufacturer in India. The announcement comes after successful inspections and trials conducted by the client, paving the way for large-scale production. The components being produced include a hydraulic cylinder case, a bracket top link, a hydraulic block, […]
Ralson Tyres has announced its entry into the Indian commercial tyre segment at the Bharat Mobility Global Expo, marking a strategic move into this growing market. The company, known for its bicycle and automotive tyres, aims to leverage its new manufacturing facility in Indore to meet domestic and international demand. The Indore plant, which began […]
International Finance Corporation (IFC) has approved a $100 million Sustainability-Linked Loan (SLL) to JK Tyre & Industries and its subsidiary, Cavendish Industries Limited (CIL). The funding will be allocated to expand production capacity at two manufacturing facilities in India, focusing on Passenger Car Radial (PCR) tyres at the Banmore plant in Madhya Pradesh and Truck […]
CEAT, an Indian tyre manufacturer, has announced the inclusion of its Chennai plant in the World Economic Forum’s (WEF) Global Lighthouse Network. The recognition highlights the facility’s adoption of Fourth Industrial Revolution (4IR) technologies, following a similar acknowledgment of CEAT’s Halol facility. According to the company’s press release, the Chennai plant achieved several measurable improvements, […]
