TVS Motor to Invest Rs 2,000 crore in Karnataka in Five Years
TVS Motor Company has signed a Memorandum of Understanding with the government of Karnataka to invest Rs 2,000 crore in the state over the next five years as it plans to set up a global capability center and expand production and engineering capabilities. Besides global capability center and production expansion plans, the two and three-wheeler […]
Zavenir Daubert Plans New Manufacturing Facility to Triple Capacity
Specialty chemicals maker Zavenir Daubert is planning to set up a new manufacturing facility in the western part of India over the next two years with an investment of $20 million (Rs 174 crore). The plans come as the Haryana-based company has set a target to grow its business by over seven-fold to Rs 1,000 […]
BMW Group Expands Global Partnership with Axalta for Automotive Refinish Coatings
Axalta, the NYSE-listed global coatings manufacturer, has secured a multi-year agreement with BMW Group to serve as its recommended refinish supplier across more than 50 countries, effective January 2025. The partnership applies to markets where BMW’s private paint label, ColorSystem, is not available. The agreement strengthens Axalta’s existing relationship with BMW Group, as the company […]
Audi RS Q8 teased ahead of launch on Feb 17. Here’s what to expect from the Lamborghini Urus S rival
Share via: Launching in India on February 17, the Audi RS Q8 Performance will compete with luxury SUVs like the Lamborghini Urus S and its likes. The Audi RS Q8 Performance is essentially a souped-up version of the standard SUV that is already on sale in the Indian markets. Audi is gearing up to launch […]
Mahindra Scorpio N pick-up truck spotted in Manali
Share via: The new pick-up truck will share few of its design elements and underpinnings with the Scorpio N. Mahindra Scorpio N pick-up truck will be sold in two body styles. (Instagram/vashusingh123) Mahindra Scorpio N pick-up truck concept was showcased in South Africa back in 2023. Now, the test mule of the pick-up truck has […]
SIAM Exhibits Alternative Fuel Technologies at India Energy Week
The Society of Indian Automobile Manufacturers (SIAM) launched its Sustainable Mobility Pavilion today at India Energy Week 2025, highlighting the automotive sector’s progress in environmentally conscious transportation solutions. The four-day exhibition, hosted at Yashobhoomi’s India International Convention and Expo Centre in Dwarka, brings together major automotive manufacturers to showcase their developments in alternative fuel technologies. […]
SBI and Statiq Launch EV Charging Station Financing Program
The State Bank of India (SBI) has partnered with electric vehicle charging network provider Statiq to launch a first-of-its-kind financing program for EV charging infrastructure development across India. The comprehensive financing scheme addresses a critical gap in India’s EV ecosystem by providing structured funding options for businesses looking to establish charging stations. Under the program, […]
Toyota Kirloskar Motor Presents Sustainable Vehicle Portfolio at India Energy Week 2025
Toyota Kirloskar Motor (TKM) unveiled its sustainable mobility portfolio at India Energy Week 2025, demonstrating the company’s alignment with India’s energy independence and net-zero goals. The four-day event, which opened today in Delhi, brings together industry leaders and policymakers to discuss clean energy solutions. At the forefront of TKM’s exhibition is a range of alternative […]
India on Track to Achieve 20% Ethanol Blending Before October 2025: PM Modi
India is on track to achieve its 20% ethanol blending with petrol target before October 2025, according to Prime Minister Narendra Modi. “Today India is blending 19% ethanol. It has saved foreign exhange and substantial farmer revenue has also been generated. This has also significantly cut Co2 emissions. We are on our way to acheive […]
Escorts Kubota Sees FY25 Tractor Industry Volumes up 6-7%
After a sluggish first half, the domestic tractor industry is experiencing a strong resurgence, fueled by positive rural sentiment. Three days after M&M guided for a 15% jump in industry sales for the final quarter, rival Escorts Kubota has followed suit. “Overall, year-to-date, in nine months, the industry has shown a growth of 5%. In […]
Apollo Tyres plans Rs 1,500 Crore Capex for FY26
Apollo Tyres, one of India’s leading tyre manufacturers, has ramped up its investment in capacity expansion and maintenance. The company has earmarked a significantly higher capex of Rs 1,500 crore for the financial year 2025-26 (FY26). Of this, Rs 700 crore will be dedicated to maintenance, ensuring operational efficiency and technological upgrades, while Rs 800 […]
Eicher Motors Appoints Siddhartha Lal as Executive Chairman, Govindarajan as MD
In a significant leadership transition announced today, Eicher Motors Limited (EML) has appointed Siddhartha Lal as its new Executive Chairman, marking the end of S. Sandilya’s 25-year tenure as Chairman. The appointment is particularly noteworthy given Lal’s instrumental role in transforming Royal Enfield from a struggling motorcycle division into a global powerhouse in the mid-size […]