MANUFACTURING Uno Minda Board Approves ₹1,415 Cr Investment For New Plants In 4 Sites

Uno Minda Ltd has approved Detailed Project Reports for setting up four plants at Kharkhoda in Haryana, Hosur, Bengaluru and Chhatrapati Sambhajinagar in Maharashtra. The projects involve a total investment of ₹1,415 crore and will expand the company’s manufacturing capacity across alloy wheels, casting and automotive components. Kharkhoda plant to add alloy wheel capacity The […]

CW Bureau · Sep 14, 2026

AUTO TVS Motor Appoints Peyman Kargar As CEO, To Succeed Radhakrishnan

In a major leadership change, the TVS Motor Company, part of TVS Venu and a leading global manufacturer of two- and three-wheelers, has appointed Peyman Kargar as Director and Chief Executive Officer, effective January 27, 2027. Kargar will succeed K. N. Radhakrishnan, who will continue as CEO until January 27, 2027, to ensure a seamless […]

CW Bureau · Aug 28, 2026

STARTUP/TECHNOLOGY Hero MotoCorp To Invest ₹1,000 Cr In Ather Energy Via Preferential Issue

Hero MotoCorp Ltd has decided to invest ₹1,000 crore in Ather Energy Ltd, an associate company, through subscription to a preferential issue, strengthening its exposure to India’s growing electric two-wheeler market. Ather Energy has allotted 76,19,047 convertible warrants to Hero MotoCorp on a preferential basis at an issue price of ₹1,260 per warrant, involving an […]

CW Bureau · Aug 26, 2026

STARTUP/TECHNOLOGY Tata Consultancy Services To Acquire MHP From Porsche For €320 Mn

Tata Consultancy Services (TCS), through its wholly owned subsidiary Tata Consultancy Services Netherlands B.V., has approved the acquisition of 100% equity shares of MHP Management- und IT-Beratung GmbH (MHP), a subsidiary of Porsche AG, for an enterprise value of €320 million. The acquisition, which is expected to be completed within three to four months, will […]

CW Bureau · Aug 24, 2026

MANUFACTURING Rane (Madras) Buys Hindustan Composites’ Friction Unit For ₹370 Cr

Rane (Madras) Ltd has completed the acquisition of the Friction Business of Hindustan Composites Ltd for ₹370 crore on a cash-free, debt-free basis, strengthening its position in the friction business and expanding its product and market reach. The acquisition was completed after fulfilment of customary regulatory approvals and other closing conditions under the Business Transfer […]

CW Bureau · Aug 20, 2026

AUTO Hyundai To Nearly Double Pune Plant Capacity To 3.2 Lakh Units In Phases

Hyundai Motor India Ltd (HMIL) plans to nearly double the production capacity of its recently commissioned Pune manufacturing facility to 3.2 lakh units in phases from the current 1.7 lakh units, reinforcing its manufacturing footprint and export ambitions from India. The expansion plan, outlined by HMIL Managing Director & CEO Tarun Garg in the company’s […]

Sajan C Kumar · Aug 4, 2026

AUTO TVS Motor Posts 38% Sales Growth In July; E-Scooter Volumes Surge 158%

TVS Motor Company reported a robust 38% year-on-year growth in total sales for July 2026, driven by strong domestic demand, surging electric vehicle (EV) sales and healthy export performance. The company sold 629,675 units during the month compared with 456,350 units in July 2025. Domestic business drives growth Total two-wheeler sales rose 38% to 603,138 […]

CW Bureau · Aug 3, 2026

MANUFACTURING Pricol Q1 PAT Jumps 34% To ₹67 Cr On Strong Revenue Growth Of 23%

Auto components manufacturer Pricol Ltd reported a 34.34% year-on-year increase in consolidated profit after tax (PAT) to ₹67.02 crore for the first quarter of FY27, driven by healthy revenue growth, even as higher input costs and currency headwinds weighed on profitability. The company’s revenue from operations rose 23.46% to ₹1,083.58 crore during the June quarter, […]

CW Bureau · Jul 30, 2026

AUTO Toshiyuki Yanagisawa Named CEO Of Honda Cars India To Drive Growth

Honda Motor Co has appointed Toshiyuki Yanagisawa as the new President & Chief Executive Officer of Honda Cars India Ltd (HCIL), effective October 1, 2026, in a leadership change that underscores India’s growing importance in the Japanese automaker’s global growth strategy. Yanagisawa, currently an Operating Executive at Honda, heads the India Strategic Development Office and […]

CW Bureau · Jul 30, 2026

AUTO AI, Data Resilience Emerge As Growth Drivers For Global Auto Industry

Artificial intelligence (AI), data resilience and digital transformation are becoming the defining competitive differentiators for the global automotive industry as companies race to adapt to software-defined mobility and rapidly evolving technologies, according to the KPMG Global Tech Report 2026: Automotive. The report, based on responses from 258 technology leaders across 22 countries and territories, suggests […]

CW Bureau · Jul 29, 2026

AUTO Why Toyota Is Betting On Premium Lifestyle Pickup With New Hilux

Toyota Kirloskar Motor’s decision to launch the refreshed Hilux is less about introducing another pickup truck and more about capturing India’s fast-growing premium lifestyle vehicle market, where utility is increasingly merging with aspiration. Unlike conventional commercial pickups, the Hilux has always occupied a niche space in India. Globally known for its durability, the model has […]

Sajan C Kumar · Jul 29, 2026

AUTO Tata Motors Kaushalya Trains 23,000 Youth, Achieves 100% Placements

Tata Motors’ flagship Kaushalya Programme has enrolled more than 23,000 youth since its launch and enabled over 5,000 graduates to secure employment with a 100% placement rate, including more than 50 international placements, underscoring its growing role in building a skilled workforce for India’s automotive and manufacturing sectors. Launched in 2021, the industry-led skilling initiative […]

CW Bureau · Jul 13, 2026