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Tata Motors sells 9.9% stake in Tata Technologies at Rs $2.0 bn equity valuation

TPG Rise Climate is the lead investor for this transaction, which ascribes an equity valuation of Rs 16,300 Cr (~$ 2.0 billion) for TTL.Read more

Hexagon empowering growth in India's tech landscape

Hexagon's technologies contribute significantly to global manufacturing processes, being integral in the production of 95% of all automobiles, 90% of aircraft, and 75% of smartphones.Read more

Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore

The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more

Tata Motors drives future-ready workforce for EV revolution

Tata Motors has set an ambitious goal of empowering more than half of its workforce with cutting-edge automotive technology expertise within the next five years.Read more

Volvo Group sales surged by 54% in the previous fiscal year

Volvo Group’s Sofia Frandberg, expressed strong confidence in India's potential for significant growth over the next decade.Read more

Tata Motors delivers first-of-its-kind Hydrogen Fuel Cell powered buses to Indian Oil

Heralding a new era of fully decarbonised transport, two buses were flagged-off by Hardeep Singh Puri, Union Minister for Petroleum & Natural Gas and Housing & Urban Affairs.Read more

Tata Motors inaugurates state-of-the-art registered vehicle scrapping facility in Surat

The RVSF is developed and operated by Tata Motors’ partner Shree Ambica Auto to scrap end-of-life passenger and commercial vehicles of all brands.Read more

JSW to establish battery manufacturing facility with LG Energy in India

Earlier this month, JSW held talks with high-ranking LGES executives in Korea, presenting the idea of a partnership focused on producing battery cells in India for both EVs and energy storage.Read more

Indian auto component exports at risk amid UAW Strike in the US

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more

Ultra-low voltage motors market worth $6.5 bn by 2027

New research by market intelligence firm Interact Analysis shows mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027. Maxon, Ametek and Minebea Mitsumi are top three players.Read more

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