Mobis India, a supplier of automotive modules, components, and battery systems for electric vehicles (EV), has inaugurated a new EV battery system assembly (BSA) plant in Sriperumbudur, Tamil Nadu, with an initial production capacity of 36,000 units annually, scalable up to 75,000 units. The facility will assemble Nickel-Manganese-Cobalt (NMC) battery systems for Hyundai’s electric vehicles, […]
Hyundai Motor India Limited (HMIL) is set to expand its manufacturing operations with a new plant in Talegaon, Maharashtra, expected to begin production in the fourth quarter of 2025. The company has also allocated INR 15 billion to upgrade its existing facility in Chennai. Once both plants are operational, HMIL aims to reach a combined […]
LG Electronics is expanding its manufacturing footprint in India with a new facility in Sri City-2, Andhra Pradesh. The project involves an investment of approximately USD 600 million and will cover about 247 acres. Commercial production is expected to begin within the next two to three years. The facility will produce refrigerators, air conditioners, washing […]
Hyundai Motor Group has opened a new battery and electrification research facility at the Indian Institute of Technology (IIT) Delhi. The center, called the Hyundai Center of Excellence (Hyundai CoE), will serve as a collaborative platform for research focused on battery technologies and future mobility systems. The initiative involves nine joint research projects currently underway […]
Hyundai Motor India Ltd (HMIL) has partnered with Indian Oil Corporation Ltd to conduct on-road trials of hydrogen fuel cell electric vehicles (FCEVs) using IndianOil’s hydrogen infrastructure. Under the agreement, Hyundai has provided its NEXO hydrogen FCEV to IndianOil for a trial program spanning 40,000 km. The trials are expected to last two years and […]
POSCO Group is restructuring its global manufacturing operations, prioritizing new steel production investments in India and the United States, according to a report by Business Korea. The South Korean company aims to support these expansions through the sale of non-core assets and a shift toward localized manufacturing strategies. In India, POSCO is pursuing the construction […]
Kia Motors has reported the theft of 900 vehicle engines from its manufacturing facility near Penukonda in Andhra Pradesh over a five-year period, according to a Times of India report. The missing inventory was identified during a year-end audit in March 2025. A police investigation was initiated following a formal complaint lodged by company management […]
Hyundai Mobis has opened a new automotive software research and development center in Hyderabad, India, combining its two previously established R&D facilities into a single location. The new center began operations on April 7, 2025, and will focus on software for vehicles, including development related to software-defined vehicles (SDVs). The facility is intended to serve […]
South Korean company Boditech Med Inc. has inaugurated a new manufacturing facility at MET City in Jhajjar, Haryana. The plant was established by its Indian subsidiary, Boditech Med India Pvt. Ltd., as part of the company’s expansion into the Indian market. The facility was inaugurated on April 4, 2025, in the presence of Lee Seong-Ho, […]
Hanwha Aerospace has signed a contract valued at USD 253 million with Larsen & Toubro (L&T) to supply components for 100 K9 Vajra-T self-propelled howitzers. The agreement, announced on April 3, expands the manufacturing cooperation between the two companies for defence production in India. This is the second contract involving the K9 Vajra-T, following an […]