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Havells India to invest Rs 3.75 billion in cable manufacturing plant expansion
The expansion will be carried out in phases, with the new capacity expected to be operational by March 2026. Read more
EV startup River to open Rs 10 billion manufacturing facility in Telangana
The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more
MSMEs urged to leverage opportunities to grow into larger enterprises; IT Secretary
Benefiting from the AI revolution and improving productivity may also involve retrofitting existing manufacturing facilities.Read more
Commercial vehicles to decline 3-6%; two-wheelers to grow 7-9% in FY25 India
Both segments have experienced significant transformations and faced unique challenges over the past few years, particularly in the wake of the COVID-19 pandemic.Read more
Vedanta Aluminium expands to 66 units of e-forklifts; India’s largest fleet
The introduction of electric lithium-ion forklifts helps mitigate the company’s carbon footprint significantly.Read more
TI Clean Mobility to launch new EVs despite financial losses
TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounting to Rs 980 million. Read more
Godrej & Boyce delivers 12.5MWp rooftop solar project in MP
The solar rooftop installation will enable the facility to utilise green energy, resulting in an estimated annual saving of 17 million kWh. Read more
Chinese auto manufacturer BYD to establish $1 bn manufacturing plant in India
Due to its Chinese connections, BYD is partnering with Hyderabad-based Megha Engineering and Infrastructures.Read more
Volvo: Despite fluctuations, EVs to be the future
In India, 27,300 electric cars were sold in the first quarter of 2024-25 with no year-on-year growth, while hybrid car sales increased by 38% to 22,300 units.Read more
Murugappa Group’s CG Power to finish Rs 6.62 bn capacity expansion in 18 months
CG Power also kicked off the expansion of the production capacity of the large industrial machines (LIM) unit of the company situated at Mandideep, Bhopal, at an investment of Rs 350 million.Read more