The Group intends to produce electric cars and commercial vehicles at the same price as combustion engines The JSW Group, with ambitious plans to invest ₹40,000 crore in electric vehicle (EV) projects in Odisha, is on a mission to transform the automotive industry. Sajjan Jindal, Chairman and Managing Director of JSW Group, disclosed the company’s vision to produce high-quality batteries[Read More…]
Lumax Cornaglia Auto Technologies Private Limited (“LCAT”), a subsidiary / joint venture Company between Lumax Auto Technologies Limited (“LATL”) and Cornaglia s.p.a., Italy, has expanded its operations by opening a new manufacturing facility at Chakan in Pune. LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks, etc. for both two-wheelers and four-wheelers. The new facility is spread[Read More…]
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) revealed a comprehensive launch plan for the fourth quarter of FY 2023-24 and FY 2024-25. A total of 30 launches are slated to take place from the Satish Dhawan Space Centre in Sriharikota. Among these, half are designated for India’s burgeoning commercial space sector, while the remainder encompass user-funded scientific missions[Read More…]
Mandatory quality control norms for 70 sizes, types of tyres from next year Around 70 types and sizes of tyres, manufactured by more than one company, will come under the mandatory quality control norms from March next year.The department will notify an updated list of total 960 tyre sizes and types by making necessary modification in the previous list of[Read More…]
Transport and Highways Minister Nitin Gadkari revealed that significant progress has been made under Phase-1 of the Bharatmala Pariyojana, with 76% of the planned 34,800 km of national length awarded by December 2023. Out of this, approximately 15,549 km have been successfully completed. Gadkari highlighted that a substantial sum of Rs. 4.23 lakh crore has already been expended on the[Read More…]
ASK Automotive Limited, manufacturer of brake shoes and advanced braking systems for two-wheelers, has unveiled plans to venture into a new segment – High Pressure Die Casted Two-Wheeler Alloy Wheels (Licensed Products) for the domestic market. The company has forged a partnership with LIOHO Machine Works Limited, Taiwan, to seek technical expertise in developing this new product line. The collaboration,[Read More…]
Servotech Power Systems Ltd., has signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) for AC EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV Chargers at different Airports and other said locations, playing a key role in driving widespread EV charging solutions, vital for advancing decarbonized mobility. The project will be executed in[Read More…]
Prime Minister Narendra Modi reviewed the operation of the first indigenous alkaline electrolyser, a groundbreaking achievement for India. Developed collaboratively by BPCL and the Bhabha Atomic Research Centre (BARC), the prototype was showcased to the Prime Minister by G. Krishnakumar, C&MD of BPCL. Alkaline water electrolysis, the process through which hydrogen is produced from alkaline water via electrolysis, marks a[Read More…]
