Hyundai Motor Company and TVS Motor Company have announced plans to explore a partnership aimed at developing electric three-wheelers and micro four-wheelers for the Indian market. The announcement was made at the Bharat Mobility Global Expo 2025, where Hyundai also showcased concept models of these vehicles. According to the press release, the collaboration seeks to […]
LG Electronics India has announced plans to establish a new manufacturing facility in Andhra Pradesh as part of its strategy to expand production capacity. The facility will complement the company’s existing manufacturing units in Greater Noida and Pune, which have a combined capacity of approximately 1.4 crore products annually. The company aims to enhance its […]
JSW Group and Korea’s POSCO Group have signed a Memorandum of Understanding (MoU) to establish an integrated steel plant in India with an initial production capacity of 5 million tonnes per annum. According to a press release from JSW Group, the two companies will also explore potential collaboration in renewable energy and battery materials for […]
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 […]