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Haier Group eyes Rs 10 billion JV with JSW Group

This potential collaboration follows a 2023 JV between JSW and Chinese automaker SAIC Motor, where JSW took a 35% stake in MG Motor India.Read more

Six industries drive over half of India’s formal manufacturing GVA: NSO

In FY23, industries such as basic metals, chemical products, refined petroleum, motor vehicles, pharmaceuticals, and food products collectively contributed 52.6% to the manufacturing GVA.Read more

Tata Motors starts LNG-powered truck delivery to Clean Green Fuel and Logistics

A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd.Read more

Tata Motors to supply 1000 bus chassis to UP State Road Transport Corporation

This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC.Read more

Suzuki partners with SkyDrive to develop autonomous flying car

Designed to take off and land on building rooftops, the Skycar is equipped with autonomous features, making it ideal for urban air mobility. Read more

Ashok Leyland partners with Nidec to develop novel e-drive motors

Ashok Leyland and Nidec will work together to establish a Centre of Excellence (CoE) for Electric Drive Units (EDUs). Read more

Tata Motors holds groundbreaking ceremony of new vehicle manufacturing facility

The greenfield plant will use 100% renewable power to produce next-gen vehicles for Indian and global markets and is expected to create over 5,000 employment opportunities with significant skill-building in the local community.Read more

JSW MG to shift focus to NEVs; to phase out conventional vehicles

JSW MG aims to introduce a new vehicle every four to six months and anticipates that over 50% of its sales will come from electric vehicles (EVs) in 2024.Read more

A motor that reduces dependence on Chinese raw materials

The ferrite magnets used in these motors are supplied by Mahindra group’s CIE Automotive.Read more

Euler Motors enters 4-wheeler SCV segment with over 1000 kg payload capacity

The SCV segment in India is expected to reach a market value of Rs 349 billion by FY2027, with internal combustion engine (ICE) vehicles currently leading the market.Read more

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