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M&M accelerates global expansion with new vehicles, electric portfolio

M&M's focus lies on the international market, where it intends to introduce its latest products like the XUV700 and Scorpio-N, alongside a new range of electric vehicles.Read more

Swaraj Tractors invests Rs 200 cr in cutting-edge 40-50 HP range

These tractors are engineered to deliver remarkable power and heightened productivity, catering to both existing and emerging applications.Read more

Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project

Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more

Gati partners with Tech Mahindra to launch GEMS 2.0 for cutting-edge logistics

Gati's primary operational software, GEMS 2.0, has been designed to provide an improved customer experience and a contemporary tech-driven interface while simultaneously enhancing efficiency and reducing costs.Read more

August sets new record for domestic passenger vehicle sales in India

Utility vehicles like Brezza, Grand Vitara, Jimny, Ertiga, and XL6 experienced a substantial two-fold increase with sales surging from 26,932 units in August of the previous year to 58,746 units.Read more

Mahindra, NXP signs MoU to Drive Next-Generation Smart Electric Mobility

M&M and NXP will jointly explore the electric and connected vehicle landscape, covering a wide range of vehicles including utility vehicles, light commercial vehicles, farm equipment, and tractors.Read more

Indian Automobile Industry valued at $108 bn in 2022-23: Primus Partners

The automobile industry produced value of Rs 8.7 lakh crore in 2022-23 and India produced 2.7 crore vehicles and is 3rd in passenger vehicles and 1st in 2 wheelers globally. Read more

Mitsubishi Electric to set up AC, compressor manufacturing facility in Tamil Nadu

The government of Tamil Nadu and Mitsubishi Electric Corporation signed a memorandum of understanding (MoU) to build an air conditioner (AC) and compressor manufacturing plant in India. The 52-acre site will be set up in Thiruvallur District, Tamil Nadu.Read more

Mahindra Research Valley at the forefront of automotive technology

Mahindra Research Valley (MRV), a flagship company of Mahindra Group sealed its leadership with record 210 patents in last 6 quarters. The patents granted is the highest number of patents to any Indian Original Equipment Manufacturer (OEM) during the period. 149 patent applications are just in the Electric Vehicle (EV) space.Read more

IFC to invest Rs 600 cr in M&M’s new electric three-wheelers company

Funding to help electrify the country’s last mile mobility and boost penetration of electric three-wheelers, supporting India’s climate goalsRead more

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