Co-Creating the Future of Mobility: Bharat Mobility Global Expo 2025
Uno Minda Unveils India’s First GPT-Enabled Android Music System — WTUNES-464DN-GPT
HORIBA Unveils India’s First H2-ICE Test Bed
BPCL and IONAGE Strengthen EV Charging Partnership
Hyundai Motor India Partners with CHARGE ZONE to Boost EV Charging Infrastructure

Newscast

Avaada Energy Secures 1050 MWp Solar Project in NTPC Auction; Crosses over 15 GWp Portfolio in India

Avaada Energy Secures 1050 MWp Solar Project in NTPC Auction; Crosses over 15 GWp Portfolio in India

  Avaada Energy, a prominent entity in the renewable energy sector and part of the Avaada Group, has achieved a significant milestone by winning a bid for a 1050 MWp solar project in a tender by the Renewable Energy Implementing Agency (REIA) National Thermal Power Corporation (NTPC). This achievement underscores Avaada’s expertise and commitment to advancing India’s renewable energy goals.[Read More…]

by — May 24, 2024 — Newscast
EVR Motors Becomes the First Israeli Auto Company to Set Up Manufacturing in India

EVR Motors Becomes the First Israeli Auto Company to Set Up Manufacturing in India

EVR Motors, an Israeli innovator in high power-density electric motors, has inaugurated a new plant in Manesar, Haryana, under its subsidiary, I.EVR Motors Pvt Ltd. This marks the first manufacturing operation in India by an Israeli automotive firm and is crucial to EVR’s global production strategy. The advanced facility will produce patented trapezoidal geometry coils for EVR’s Trapezoidal Stator Radial[Read More…]

by — May 24, 2024 — Newscast
Domestic Tyre Manufacturing Sufficient to Meet India’s Needs: ATMA

Domestic Tyre Manufacturing Sufficient to Meet India’s Needs: ATMA

In a communication to the Government of India, the Automotive Tyre Manufacturers’ Association (ATMA) has stated that automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary. The government recently asked the industry to name items where India has the capabilities to be self-reliant so that upcoming FTAs could be drafted while safeguarding[Read More…]

by — May 23, 2024 — Newscast
ACMA Drives Localization Initiatives with 3rd FARM Equipment & Implements Expo

ACMA Drives Localization Initiatives with 3rd FARM Equipment & Implements Expo

The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, successfully hosted the 3rd edition of the ACMA Farm Equipment & Implements Localization Expo on May 21, 2024 in Ludhiana. With participation from over 60 prominent exhibitors, the expo garnered attention from dedicated B2B participants and industry stakeholders, fostering engagements between manufacturers and[Read More…]

by — May 23, 2024 — Newscast
JK Tyre records highest ever revenues and profits in FY24

JK Tyre records highest ever revenues and profits in FY24

Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its audited results for FY2024. The Board has recommended a dividend of Rs.4.50 per equity share (including an interim dividend of Rs.1.00 per equity share already paid) i.e. 225% for the financial year ending 31st March 2024. Commenting on the results, Dr Raghupati Singhania, Chairman and Managing Director[Read More…]

by — May 22, 2024 — Newscast
Klüber Lubrication announces investment of INR 142 Crores to expand its plant in India

Klüber Lubrication announces investment of INR 142 Crores to expand its plant in India

Klüber Lubrication, a global expert in speciality lubricants, has announced a significant expansion of its operations facility in Mysore, set to be fully operational at the latest by the beginning of 2027. Klüber India’s manufacturing plant in Mysore is spread over 17000 sq. m at present and produces world-class speciality lubricants. The company recently announced an investment of INR 142[Read More…]

by — May 22, 2024 — Newscast
EVR Motors Sets Up its Manufacturing Facility in India

EVR Motors Sets Up its Manufacturing Facility in India

EVR Motors, an Israel-based innovator specializing in high power-density electric motors, inaugurated its new greenfield plant in Manesar, Haryana, under its subsidiary, I.EVR Motors Pvt Ltd. This facility marks a significant milestone as the first manufacturing operation in India for an Israeli automotive firm and will play a pivotal role in EVR’s global production strategy. The state-of-the-art plant in Manesar[Read More…]

by — May 20, 2024 — Newscast
ASK Automotive Limited Delivered Robust Performance in Financial Year 2023-24

ASK Automotive Limited Delivered Robust Performance in Financial Year 2023-24

ASK Automotive Limited, India’s largest brake shoe and Advanced Braking Systems manufacturer for two-wheelers in India, announced its financial results for the fourth quarter and full year ended 31st March 2024. Key Financial Highlights: Strong performance delivered in Q4 FY24 and recorded Consolidated Total Income of Rs. 78,586 lacs with +38% YoY growth. Total Consolidated Income for FY24 stands at[Read More…]

by — May 20, 2024 — Newscast
Satish Sharma, Industry Veteran, Announces Early Retirement from Apollo Tyres

Satish Sharma, Industry Veteran, Announces Early Retirement from Apollo Tyres

In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024. Satish Sharma, the President of APMEA at Apollo Tyres, has decided to pursue early retirement to focus on personal interests. Consequently, he has tendered his resignation as the Whole-time Director of the company, as well as from his[Read More…]

by — May 15, 2024 — Newscast
Teledyne FLIR Commends NHTSA Ruling for Automatic Emergency Braking Requirement on Passenger Vehicles

Teledyne FLIR Commends NHTSA Ruling for Automatic Emergency Braking Requirement on Passenger Vehicles

Teledyne FLIR, part of Teledyne Technologies Incorporated, commends the National Highway Transportation Safety Commission (NHTSA) for finalizing a Federal Motor Vehicle Safety Standard that will require pedestrian automatic emergency braking (PAEB) on all passenger cars and light trucks by September 2029. More than three-quarters of pedestrian fatalities, and about half of pedestrian injuries, occur in darkness. The final rule places an upper bound[Read More…]

by — May 10, 2024 — Newscast
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