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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
Ola Electric Mobility Limited has received certification from the Automotive Research Association of India (ARAI) for its indigenously developed 5.2 kilowatt-hour (kWh) battery pack based on 4680 Bharat Cell technology. The certification, granted under the AIS-156 Amendment 4 standards issued by the Ministry of Road Transport and Highways, makes Ola the first Indian electric vehicle […]
A-1 Limited, a chemical trading and logistics company based in Ahmedabad, has increased its partnership interest in A-1 Sureja Industries from 45 percent to 51 percent, signalling a strategic move into electric vehicle (EV) manufacturing. The company announced the change of stake on 27 October 2025 and said the transaction is subject to completion of […]
