Litmus Industries Limited has inaugurated an aluminum rod manufacturing plant in Ramgram, Nawalparasi, as part of its Litmus 2.0 initiative. The facility aims to supply aluminium rods for Nepal’s wires, cables, and conductors industry, reducing the country’s reliance on imports. According to the company, the plant is expected to contribute to local industrial production and […]
Škoda Auto is expanding its international operations by supplying completely knocked-down (CKD) kits from its logistics hub in Pune, India, for local assembly in Vietnam. The company, in partnership with Thanh Cong Group, has commenced assembly of the Kushaq SUV, with production of the Slavia sedan scheduled to begin in the summer. The CKD kits […]
ABP has inaugurated a new manufacturing hall in India, marking an expansion of its production capacity. The inauguration event was attended by CEO Till Schreiter and COO Niels Hammer, who traveled from the company’s headquarters to join the ABP India team. The ceremony included a ribbon-cutting event, followed by a facility tour for visiting partners […]
Foxconn plans to double its iPhone production in India by the end of 2025 as part of Apple’s ongoing manufacturing expansion in the country. The company expects to produce between 25 million and 30 million iPhones in India during the year, compared to approximately 12 million in 2024. According to sources, Foxconn has been conducting […]
Dinex has announced plans to open a new manufacturing facility in Pune, India, as part of its strategy to expand independent operations in the region. The company will phase out its existing joint venture and transition to a wholly owned manufacturing presence. According to Evangelos Georgiadis, CEO / Head of OEM, Dinex Group, the investment […]
INOX Air Products (INOXAP) has commissioned a Green Hydrogen manufacturing plant at Asahi India Glass Limited’s (AIS) float glass facility in Soniyana, Chittorgarh, Rajasthan. Under a 20-year offtake agreement, the plant will supply Green Hydrogen to AIS’s operations, marking its introduction in the float glass manufacturing process. The plant, powered by solar energy, has a […]
Tata AutoComp Systems Limited has signed definitive agreements to acquire up to 80% shareholding in Artifex Interior Systems Limited (formerly IAC UK) from Jaguar Land Rover Ventures Limited, a subsidiary of Jaguar Land Rover Automotive plc. The acquisition, which is subject to customary closing conditions and regulatory approvals, brings Artifex into Tata AutoComp’s portfolio. Artifex […]
Replus, a battery manufacturing company under the LNJ Bhilwara Group, has announced plans to expand its production capacity from 1GWh to 6GWh within the next year. The facility will incorporate advanced automation processes and support multiple battery chemistries to meet demand in the electric vehicle (EV) and energy storage system (ESS) markets. According to the […]
TVS Motor Company announced that its wholly owned subsidiary, TVS Motor (Singapore) Pte Ltd, has divested its stake in ION Mobility Pte. Ltd., a Singapore-based electric vehicle company. In exchange, TVS has acquired certain identified assets from ION Mobility for a net cash consideration of approximately USD 1.75 million. According to financial disclosures, ION Mobility […]
Renault Group will acquire the remaining 51% stake in Renault Nissan Automotive India Private Ltd (RNAIPL) from Nissan, bringing its total ownership to 100%. The acquisition, expected to be completed by mid-2025, will allow Renault to expand its manufacturing operations in India while continuing to produce Nissan vehicles, including the New Nissan Magnite. Despite exiting […]
