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MRF mulls ₹1,000-cr expansion plan in Telangana.

MRF, a multi-national tyre manufacturer based out of Chennai, is considering a plan to invest ₹1,000 crore on expanding its Sangareddy facility in Telangana. Telangana IT and Industries Minister K T... Full Story

Olectra Greentech to set up India’s biggest electric bus factory with 10000 units capacity.

Olectra Greentech, India’s largest manufacturer of electric buses, is setting up the country’s biggest electric bus factory with a capacity of 10,000 units... Full Story

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Off-highway tyre maker Alliance Tire to invest Rs. 1,240 crore in third plant at Visakhapatnam.

Off-highway tyre-maker Alliance Tire Group (ATG), owned by the Japanese major Yokohama Group, is setting up its third plant in... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Germany’s Eickhoff opens its new wind gearbox factory near Chennai.
Germany-based Eickhoff Wind Asia, a 100 per cent subsidiary of family-owned company Gebr Eickhoff Maschinenfabrik u. Eisengießerei GmbH, has opened its new manufacturing facility near... Full Story
Defence ministry extends clearance with one-year validity to telcos for laying, maintaining undersea cables.
The defence ministry has extended clearance with one-year validity to telecom companies for laying and maintaining undersea cables, the Department of Telecom said recently. Earlier, telecom operators were required to seek... Full Story
Exide to build INR 6,000 cr gigawatt-scale li-ion plant with SVOLT knowhow.
India's largest automotive battery maker Exide Industries is all set to invest INR 6,000 crore to establish a lithium-ion cell manufacturing plant in the country in collaboration... Full Story
Anand Group plans $150-million electric push.
The $1.5-billion diversified auto component major Anand Group is planning to invest over $100-150 million in future mobility business led by ventures in electric vehicle space. The group that runs over... Full Story
Simple Energy ties up with US-based C4V to manufacture lithium-ion cell in India.
Electric vehicle start-up Simple Energy has signed an agreement with US-based C4V, a lithium-ion battery technology company, for setting up a lithium-ion cell manufacturing ecosystem in India. “Simple Energy is leading... Full Story
Mahindra & Mahindra in the hunt for a partner for battery storage PLI scheme.
Tractor and utility vehicle specialist Mahindra & Mahindra (M&M) will explore a partnership arrangement for tapping the government announced production linked incentive (PLI) scheme on... Full Story
JK Tyres aims to reduce debt by 45 per cent by FY25, plans expansion.
JK Tyres and Industries, one of India’s largest tyre manufacturers, plans to bring down debt by around 45 per cent in the next three years... Full Story
EVRE plans to have around 1,000 EV charging hubs by 2023-end.
Electric vehicle charging service provider EVRE recently said it plans to have around 1,000 tech-enabled EV charging hubs by the end of 2023. With the dedicated focus towards... Full Story