ArcelorMittal Nippon Steel India (AM/NS India) has announced plans to commission two new production lines for advanced automotive steel at its facility in Gujarat by 2025. The expansion aims to bolster the domestic supply of high-quality steel for the automotive industry, which is currently growing at an annual rate of 6–7%. The company stated that […]
Dinex Group has inaugurated its second production facility in India, located in Pune, approximately 1,000 kilometers northwest of its existing site in Chennai. The new plant spans over 50,000 square meters and is expected to enhance the company’s production capacity and support its operations both regionally and globally. The facility will commence its first production […]
ASK Automotive has started commercial operations at its new manufacturing facility in Karnataka as of January 14, 2025, according to a press release issued by the company. The plant, operated by its wholly owned subsidiary, ASK Automobiles, is the company’s 18th production unit overall and the third under the ASK Automobiles banner. The facility is […]
Jaguar Land Rover (JLR) has announced an extension of its collaboration with Tata Communications to enhance the connectivity of its next-generation vehicles through the Tata Communications MOVE™ platform. The partnership aims to enable seamless and continuous connectivity for JLR vehicles, even in remote areas across 120 countries. The MOVE™ platform will integrate with JLR’s upcoming […]
The Ministry of Heavy Industries has approved ₹246 crore in incentives for Tata Motors and Mahindra & Mahindra (M&M) under the production-linked incentive (PLI) scheme for the financial year 2023-24. The incentives recognize sales of electric vehicles and components under the government’s initiative to promote advanced automotive technologies. Tata Motors received ₹142 crore in incentives […]
Greaves Electric Mobility, a division of Greaves Cotton Ltd., has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company intends to raise up to Rs 1,000 crore through a fresh issue of shares, with existing shareholders planning to sell up […]
Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors joining discussions on a proposed business integration between Nissan and Honda. The agreement follows a prior MOU signed by Nissan and Honda on August 1, which outlined plans to […]
Imperial Auto, a manufacturer of fluid transmission products for automotive and industrial sectors, has announced the appointment of Vikram Wagh as its new Chief Executive Officer, effective December 20, 2024. Wagh has over 20 years of experience in the automotive industry, including leadership roles at Mahindra and JCB. At Mahindra, he led the Farm Division, […]
Isuzu Motors India has manufactured 100,000 vehicles at its facility in Sri City, Andhra Pradesh, since commencing operations in 2016. The milestone vehicle was the Isuzu D-Max V-Cross, the company announced in a recent press release. The Sri City facility, which began phase II operations in 2020, includes a press shop and an engine assembly […]
Inalfa Gabriel Sunroof Systems (IGSS), a joint venture between Netherlands-based Inalfa Roof Systems and India’s Gabriel India (part of the Anand Group), has announced plans to expand its manufacturing operations in India, according to a report by Autocar Professional. This move is driven by increasing demand for sunroof systems from domestic automotive original equipment manufacturers […]
