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Indian auto exports decline 21% in 2023, passenger vehicles buck trend with 5% growth

This downturn was attributed to monetary and geopolitical crises in various overseas markets. The overall exports totalled 42,85,809 units in the last year, down from 52,04,966 units in 2022.Read more

Altair collaborates with the IIT Madras to establish eMobility simulation lab

This collaboration underscores Altair's commitment to advancing research and development in the field of electric vehicles (EVs), aligning with its commitment to sustainability and innovation.Read more

Tata Passenger Electric Mobility commences production at new facility in Gujarat

This event marks a significant milestone for the company and was celebrated with the roll-out of the first Tata branded car from this world class facility.Read more

NIIF’s India-Japan fund to invest Rs 400 cr in Mahindra Last Mile Mobility

Fund focuses on investing in environmental sustainability and low carbon emission strategies, while also promoting investments by Japanese companies into India.Read more

Kinetic Green appoints S Sundareswaran as Director of Manufacturing & Operations

In his new role, Sundareswaran will spearhead the direction and monitoring of plant performance to support the organisation's objectives. His responsibilities will encompass leadership in production, quality assurance, supply chain management and manufacturing engineering activities.Read more

New Semiconductor with 10x Silicon Mobility Paves Way for Advanced Computing

Traditionally, semiconductors, which conduct electricity, have been predominantly crafted from silicon. However, silicon poses limitations for smaller electronic devices.Read more

UltraTech Cement rolls out electric trucks for Green Mobility

As part of the government's eFAST initiative, the company aims to deploy 500 electric trucks and incorporate 1,000 CNG/LNG vehicles into its fleet by June 2025.Read more

Jupiter Wagons secures Rs 100 cr contract for innovative double decker automobile carrier wagons

These towering Double Decker Automobile Carrier Wagons boast the capability to transport SUV editions on both the lower and upper decks.Read more

Gujarat inks $1.5 bn green hydrogen deals with Torrent Power, Erisha eMobility

Torrent Power has committed to constructing a green ammonia facility valued at 72 billion rupees as part of its broader initiative to invest 470 billion rupees in power projects within the state.Read more

VinFast chooses Tamil Nadu for global ev manufacturing hub in India

Sources familiar with the matter revealed that the top management of VinFast, led by Chairman Ph?m Nh?t V??ng, is expected to visit India soon to finalise a Memorandum of Understanding (MOU) with the Tamil Nadu government.Read more

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