October 30, 2024
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 […]
October 29, 2024
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 […]
October 28, 2024
Ford Motor Company is evaluating changes in its strategy for its Chennai plant, with potential plans to focus on hybrid and internal combustion engine (ICE) vehicle components in addition to electric vehicles (EVs). This approach comes as the company assesses market volatility, particularly in China and Southeast Asia, which has affected EV demand. Sources indicate […]
October 23, 2024
Bharat Forge Limited (BFL) has reached a definitive agreement to acquire the commercial vehicle axle business of American Axle & Manufacturing Holdings, Inc. (AAM) in India for $65 million. The sale includes AAM India Manufacturing Corporation Pvt. Ltd. (AAMIMCPL) and is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close […]
October 23, 2024
Sona BLW Precision Forgings Limited (SBPFL) has inaugurated a new manufacturing facility in Manesar, Haryana, marking its third plant in India and seventh globally. This facility, which began operations on October 21, 2024, is focused on driveline products and is expected to increase the company’s production capacity by 30%. According to a press release issued […]
October 22, 2024
Tata Motors announced that it has secured an order to supply 1,000 units of its Tata LPO 1618 diesel bus chassis to the Uttar Pradesh State Road Transport Corporation (UPSRTC). The order was awarded through a government-conducted e-bidding process. Delivery will occur in phases, as per the terms agreed upon by both parties. This follows […]
October 21, 2024
Neolite ZKW has inaugurated a new manufacturing facility in Pune, Maharashtra, aimed at enhancing its production capabilities in the automotive lighting sector. The plant integrates energy-efficient manufacturing processes and meets green building standards, including water recycling and reuse initiatives. It operates as a zero-discharge facility, reflecting the company’s focus on sustainability. The Pune facility incorporates […]
October 21, 2024
Bharat Forge Limited has announced a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a subsidiary of American Axle & Manufacturing Holdings, Inc. (AAM), for an enterprise value of Rs. 5,445.30 million, pending customary closing adjustments and regulatory approvals. Established in 2008, AAMIMCPL manufactures axles for light, medium, and heavy-duty commercial trucks […]
October 19, 2024
MoldTecs has opened its first manufacturing plant in India, located in Bawal, Haryana. The facility will produce technical plastic components for the automotive sector, marking a strategic expansion into the Indian market. The new plant aims to support the increasing demand from local original equipment manufacturers (OEMs) in India’s automotive industry. In a company-issued press […]
October 13, 2024
Hyundai Motor India Ltd (HMIL) has announced plans to invest Rs 32,000 crore in expanding its presence in India between 2023 and 2032, with a significant focus on increasing production capacity and developing new models, particularly in the Battery Electric Vehicle (BEV) segment. This expansion includes investments in its manufacturing facilities in Tamil Nadu and […]
