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Hyundai Motor India expands production capacity with Talegaon plant acquisition
The signing of a Memorandum of Understanding (MoU) between Hyundai Motor India and the Government of Maharashtra marks a significant step in expanding the cumulative production capacity to 1 million annual units.Read more
Industrial & Warehousing demand consolidates in 2023, at ~25 mn sq ft
While H1 2023 was relatively subdued, leasing activity picked up in the second half of the year, with H2 2023 witnessing a 26% rise on a half yearly basis. During the year, Pune led the demand with 25% share closely followed by Mumbai at 22%.Read more
Hyundai to invest Rs 7,000 cr in Talegaon, marks first venture outside Tamil Nadu
It was a pleasure meeting Kim Unsoo, MD and CEO of Hyundai Motor India (HMI), along with Executive Director J W Ryu and HMI senior officials, said Devendra Fadnavis, Maharashtra Deputy Chief Minister on X.Read more
Mitsubishi Electric India unveils advanced Automation Systems factory in Talegaon
Mitsubishi Electric has established a cutting-edge solution experience zone within the facility. This zone showcases the latest innovations, featuring demonstrations of "e-F@ctory," a comprehensive solution leveraging digital technology.Read more
Vitesco Technologies’ plants offers intelligent and sustainable production
German automotive supplier, Vitesco Technologies is headquartered in Regensburg. Recently to increase its local production and serve Indian customer with better product portfolio, company inaugurated a plant in Talegaon, Pune. Anurag Garg, Managing Director and Country Head India, Vitesco Technologies in this interview shares more about the state-of-the-art facility and the upcoming developments of Vitesco Technologies in India.Read more
Hyundai Motor signs term sheet for potential acquisition with General Motors
Hyundai Motor India Limited (HMIL) today signed a term sheet with General Motors India (GMI). Proposed acquisition covers identified assets at GMI, Talegaon Plant, Maharashtra. Read more
Mitsubishi Electric to set up new factory for automation products
The new factory in Pune - built with an investment of Rs 220 crore - will manufacture Variable Frequency Drives and Factory Automation control system products.Read more
Mitsubishi Electric to invest Rs 220 cr to set up new factory in Pune
The new factory automation systems facility in Talegaon (near Pune, Maharashtra) will manufacture Variable Frequency Drives (VFD) and Factory Automation (FA) control system products.Read more