December 6, 2025
Gujarat Fluorochemicals Limited has announced that the International Finance Corporation will invest about USD 50 million in its subsidiary GFCL EV Products Limited to develop an integrated battery materials facility. The investment will be made through compulsorily convertible instruments and is intended to expand domestic capacity in battery chemicals, cathode active materials and binders. According […]
December 6, 2025
Precision Camshafts Limited outlined its ongoing programme execution and capital commitments across its camshaft and e-mobility operations. The company reported progress on several engine programmes awarded over the past year, supported by an investment of approximately INR 1.2 billion to establish new manufacturing plants in Solapur. These programmes include supplies for Maruti Suzuki’s new three-cylinder […]
December 4, 2025
VinFast, the electric vehicle manufacturer owned by Vingroup JSC, signed a memorandum of understanding (MoU) with the Government of Tamil Nadu on 4 December 2025 to expand its Thoothukudi manufacturing facility. The agreement allocates additional land for new production capacity and marks the second phase of the company’s previously announced USD 2 billion commitment in […]
November 18, 2025
Musashi India, a subsidiary of Japan’s Musashi Seimitsu Industries engaged in the manufacture of transmission components for two-wheelers and four-wheelers, has completed the Phase 2 expansion of its Bengaluru manufacturing facility. The enlarged plant is scheduled to become fully operational by December 2025, increasing capacity across conventional and electric mobility product lines. The project adds […]
November 14, 2025
Samhyun Motions and Controls India Private Limited, the Indian subsidiary of Samhyun Co., Limited headquartered in in Changwon in Gyeongsangnam-do, South Korea, has acquired an eleven-acre industrial parcel in Sri Perumbudur, Chennai, to establish a new facility for manufacturing electric vehicle (EV) motor components. The land was purchased from Tata Chemicals, with JLL advising exclusively […]
November 14, 2025
Turntide Technologies, a developer of power electronics, electric motors, and industrial automation systems, has inaugurated a new office and Centre of Excellence in Pune to expand its support for original equipment manufacturers, system integrators, and Tier 1 suppliers in India. The facility is intended to strengthen the company’s presence in one of the largest markets […]
November 10, 2025
Craftsman Automation Limited is expanding capacity and strengthening its presence in electric vehicle (EV) and export markets, backed by a solid order book from domestic and global original equipment manufacturers (OEMs). The Coimbatore-based company is adding new facilities and modernising existing ones to meet growing demand for lightweight and precision-engineered components. Craftsman is adding capacity […]
November 10, 2025
Shakti Pumps (India) Limited, a manufacturer of solar and submersible pumping systems, is in the process of expanding its manufacturing capacities across pumps, motors, inverters, and solar structures under a capital expenditure programme of INR 17 billion. The capex plan also includes setting up a 2.2 gigawatt solar domestic content requirement (DCR) cell and photovoltaic […]
November 6, 2025
Minda Corporation Limited, a supplier of automotive components and systems, has announced plans to invest INR 20 billion over the next five years to expand manufacturing, strengthen localisation, and accelerate its electric vehicle (EV) product portfolio. The announcement was made during the company’s earnings call for the second quarter of the financial year ending March […]
October 29, 2025
Tsuyo Manufacturing Private Limited, a New Delhi-based electric vehicle (EV) component maker, has raised USD 4.5 million in a funding round led by climate-focused venture capital firm Avaana Capital, with participation from several strategic investors. The funding will support the establishment of a new greenfield manufacturing plant, the creation of a research and development centre, […]