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TVS Motor to invest Rs 22 billion in FY2; 50% to capex
TVS Motor's recent acquisition, Norton Motorcycles, will see the launch of six new products over the next three years. Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
BCIC advocates manufacturing growth for India's export ambitions
Bangalore Chamber of Industry and Commerce (BCIC) asserted that India's manufacturing sector must increase its contribution to the country's GDP from 16.5% to 20% to achieve the ambitious export target of $8.3 trillion by 2047.Read more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more
Tamil Nadu drives India's electric vehicle revolution
According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.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
Schaeffler India appoints Madhurisha V as CTO
Schaeffler India Ltd – one of the leading manufacturers of bearings for industrial and automotive applications – has appointed Madhurisha V as Chief Technology Officer (CTO). Read more
IMTMA to host 13th edition of National Productivity Summit 2019
The two days summit will enable delegates to learn more about the various facets of manufacturing competitiveness from prominent industry experts as well as the case studies presented by various companies. The interactive, sessions will provide participants with an enriched learning experienceRead more