AUTO
One In Three Bajaj Vehicles Is Electric, Says Rajiv Bajaj On The EV Revolution
Electric vehicles now account for 30% of Bajaj Auto’s domestic sales, with one in every three Bajaj vehicles sold in India being electric, Managing Director Rajiv Bajaj said, underlining the company’s rapid transformation into one of India’s leading electric mobility players. Addressing the fifth annual convocation of Mahindra University, Bajaj said speed, innovation and decisive […]
CW Bureau
·
Aug 6, 2026
AUTO
CEAT To Invest ₹1,205 Cr To Expand Two-Wheeler Tyre Capacity By FY31
CEAT Ltd, the flagship company of RPG Enterprises, has approved an investment of ₹1,205 crore to significantly expand its two-wheeler tyre manufacturing capacity, betting on sustained demand growth despite near-term pressure on margins from rising raw material costs. The company’s Board has cleared the investment to add around 53,000 tyres per day over the next […]
CW Bureau
·
Jul 16, 2026
MANUFACTURING
M&M Japanese Arm To Wind Up Farm Machinery Biz On Persistent Losses
Mahindra and Mahindra (M&M) on Monday said its associate firm Mitsubishi Mahindra Agricultural Machinery Co., Ltd. (MAM) and its subsidiaries will withdraw from the agricultural machinery business, citing continued losses despite multiple structural measures aimed at restoring profitability. MAM’s board approved the decision on March 2 after a detailed assessment of the business’s long-term viability […]
CW Bureau
·
Mar 2, 2026
AUTO
Kinetic Engineering Invests ₹3 Cr In Its Arm Kinetic Watts & Volts
Pune-based Kinetic Engineering Ltd (KEL) has infused ₹3 crore in its subsidiary Kinetic Watts and Volts Ltd to strengthen its presence in the automobile segment. The investment has been made through a cash subscription of 30 lakh equity shares at a face value of ₹10 each, aggregating to ₹3 crore, the company said in a […]
CW Bureau
·
Feb 23, 2026
