July 4, 2025
Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding with South Korea-based HD Korea Shipbuilding & Offshore Engineering Co. Ltd. (KSOE) to explore long-term collaboration across multiple areas of shipbuilding and maritime development. The agreement, signed on July 4, 2025, outlines cooperation in new shipbuilding opportunities, technology exchange, productivity improvements, workforce development, and other […]
June 24, 2025
Hyundai Motor India Limited (HMIL) has tested over 4.25 million engines using Cold Bed Engine Testing technology, a method that eliminates the use of fuel, coolant, and water during the testing process. The company reports that this approach has helped prevent approximately 2 million kilograms of carbon emissions and resulted in cost savings of nearly […]
June 17, 2025
Hyundai Motor India has started engine production at its Talegaon manufacturing plant in Maharashtra, with operations beginning on June 16. The facility, acquired from General Motors, is part of Hyundai’s INR 60 billion investment in Maharashtra. The company had signed a Memorandum of Understanding with the Maharashtra government in January 2024 during the World Economic Forum […]
June 10, 2025
JK Fenner India Ltd, a manufacturer of auto components, has entered into a technology collaboration with South Korea-based NMC Motors to manufacture electric axles (e-axles) for three-wheelers and small commercial vehicles. The company plans to set up a dedicated manufacturing facility for e-axles for three-wheelers, supported by technical expertise from NMC Motors. The partnership, announced […]
May 27, 2025
Hyundai, an automotive manufacturer, has received approval from the Telangana government to establish a research and development centre in the National Investment and Manufacturing Zone (NIMZ), Zaheerabad. The project involves an investment of INR 85.28 billion and is expected to create 4,276 jobs. The proposed Hyundai Global Innovation Research and Development Centre will span 675 […]
May 14, 2025
Around fourteen South Korean die and mould manufacturers and plastic injection moulded auto component producers are exploring opportunities to establish manufacturing facilities in India. These consist of tier 2 and tier 3 suppliers to Hyundai, Kia and Mobis. The firms are considering entering India through joint ventures with local partners, focusing on locations such as […]
May 10, 2025
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, […]
May 6, 2025
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 […]
April 26, 2025
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 […]
April 24, 2025
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 […]
