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Anand Group to invest Rs 987 cr in Tamil Nadu for automotive manufacturing
The Group formalised this commitment by signing a Memorandum of Understanding (MoU) with the state government during the recent Tamil Nadu Global Investors Meet 2024 in Chennai.Read more
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
