India’s Li-ion Battery Industry to See Over ₹75,000 Crore Investment by 2030: ICRA

India’s Li-ion Battery Industry to See Over ₹75,000 Crore Investment by 2030: ICRA

India's lithium-ion (Li-ion) battery industry is set to receive investments exceeding ₹75,000 crore by 2030, with over 150 GWh of battery cell manufacturing capacity expected to become operational, according to a recent report by ICRA.   The country's electric vehicle...
JLR’s India Manufacturing Plans Under Consideration: PB Balaji

JLR’s India Manufacturing Plans Under Consideration: PB Balaji

Tata Motors continues to explore local manufacturing options for JLR in India, with ongoing discussions regarding the viability of establishing a second manufacturing base, says P.B. Balaji, the company's Group Chief Financial Officer. While some projects have temporarily been put...
Renault Unveils Redesigned Espace with Hybrid Powertrain and Tech Upgrades

Renault Unveils Redesigned Espace with Hybrid Powertrain and Tech Upgrades

Renault revealed the New Espace, featuring extensive styling updates, enhanced technology, and the brand's efficient full hybrid powertrain. The vehicle maintains its spacious interior while offering new features focused on comfort and sustainability, Renault said. The New Espace has received...
Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025

Mahindra to Increase SUV and Commercial Vehicle Prices by Up to 3% from April 2025

Mahindra & Mahindra has announced a price increase of up to 3% across its SUV and commercial vehicle range, effective April 2025. The company attributes the adjustment to rising input costs and higher commodity prices.   The price hike will...
EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets

EV Insurance Demand Grows 16-Fold in Three Years, Driven by Urban Markets

The demand for electric vehicle (EV) insurance in India has grown significantly over the past three years, with a 16-fold increase in policy purchases, according to data from Policybazaar. The surge reflects a rise in EV adoption and greater awareness...
Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations

Kobelco Construction Equipment India Produces 20,000th Excavator, Expands R&D Operations

Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co., has reached a production milestone with the rollout of its 20,000th excavator from its manufacturing facility in Sri City, Andhra Pradesh. The plant serves both domestic and...
Continental India Recognised for Digitalisation and Manufacturing at ACMA Excellence Awards 2024

Continental India Recognised for Digitalisation and Manufacturing at ACMA Excellence Awards 2024

Continental India has been recognised at the 59th ACMA Excellence Awards, receiving a Gold award for “Excellence in Digitalisation” and a Certificate of Merit for “Excellence in Manufacturing” and “Excellence in Export.” The awards highlight achievements in manufacturing processes, digitalisation,...
Cricket Icon Yuvraj Singh Signs up as Brand Ambassador for New Holland

Cricket Icon Yuvraj Singh Signs up as Brand Ambassador for New Holland

New Holland, a global manufacturer of tractors and farm equipment, has appointed former cricket player Yuvraj Singh as its brand ambassador. The partnership will focus on the company's 'Asli Hero ki Asli Taaqat' campaign, which recognizes Indian farmers. The campaign...
Govt Will Not Expand PLI Scheme Beyond 14 Pilot Sectors: Report 

Govt Will Not Expand PLI Scheme Beyond 14 Pilot Sectors: Report 

The Indian government will not expand the PLI Scheme beyond the 14 pilot sectors, two of the four government officials have informed Reuters. They also added that the production deadlines will not be extended, despite requests from several participating firms.  Roughly...
SML Isuzu Appoints Yasushi Nishikawa as New Managing Director & CEO

SML Isuzu Appoints Yasushi Nishikawa as New Managing Director & CEO

SML Isuzu Limited has announced key leadership changes following the resignation of its Managing Director and CEO, Junya Yamanishi. The company's Board of Directors approved the transition in a meeting held on March 21, 2025.   Yamanishi, who has served...
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