The facility will specialise in the production of crafted differential assemblies and reduction gears.
Sectors
Posted inPeople, Aerospace & Defence
Boeing faces crucial leadership transition amid safety concerns
The company is under pressure to take swift actions that will propel it forward.
Posted inMetals & Mining
India’s finished steel consumption jumps 13 per cent in 2023-24
This increase in consumption was driven by demand from the automotive and infrastructure sectors.
Posted inInvestment
Vesuvius Group unveils ambitious Rs 1,000-Cr investment plan for India
This expansion reinforces Vesuvius’s commitment to India’s growth and sustainable development.
Posted inEngineering, Machinery & Tooling
BFW supercharges production with new TN manufacturing unit
BFW aims to enhance global manufacturing presence, spearheading India’s 20% machine tool industry growth.
Posted inOil & Gas
HPCL sights global markets with new oil trading desk initiative
HPCL’s trading desk aims to address India’s 85% crude import dependence; BPCL may follow suit.
Posted inEV & Battery
Tesla’s tactical price cuts in China, Germany
Reflecting investor concerns about Tesla’s growth.
Posted inInnovation
KPMG expands innovation footprint with new centre in Bengaluru
The centre promotes collaboration to address business challenges and drive growth.
Posted inEV & Battery
Tata Motors eyes JLR EV production at Rs 9,000 Crore Tamil Nadu facility
Meanwhile, VinFast Auto is investing Rs 4,000 crore in a new EV plant in Thoothukudi.
Posted inEnergy & Power
Indian Biogas Association & HAI unite to fuel hydrogen innovation
This partnership will facilitate various initiatives.