MANUFACTURING
Samvardhana Motherson Signs MoU To Invest ₹11,000 Cr In Tamil Nadu
Samvardhana Motherson International Ltd, along with its European and UK-based joint venture companies, has signed a memorandum of understanding (MoU) with Guidance, the investment promotion agency of the Tamil Nadu government, to invest approximately ₹11,000 crore in Tamil Nadu. The MoU was signed in London on Monday in the presence of Tamil Nadu Chief Minister […]
CW Bureau
·
Sep 14, 2026
AUTO
Ola Electric Secures ₹96 Cr Production Linked Incentive For FY27
Leading electric vehicle manufacturer Ola Electric has received a sanction order from the Ministry of Heavy Industries for the release of ₹95.81 crore in incentives under the Production Linked Incentive Scheme for Automobile and Auto Components (PLI-Auto Scheme). The sanction pertains to the demand incentive under the PLI-Auto Scheme for FY27 and authorises the payment […]
CW Bureau
·
Aug 29, 2026
AUTO
Hyundai Eyes 90% Local Sourcing In India By 2030, Plans SUV Launches
Hyundai Motor Company is stepping up investments in its Indian supply chain, targeting 90% sourcing of vehicle content from the country by 2030, while positioning India as a major export base for its global operations. The South Korean automaker has a network of more than 1,400 local suppliers and over 900 local engineers. It aims […]
Sajan C Kumar
·
Aug 26, 2026
MANUFACTURING
Schaeffler India Hires Amit Bhalerao As COO To Bolster Manufacturing
Schaeffler India Ltd has appointed Amit Bhalerao as Chief Operating Officer (COO), effective August 10, 2026, with a mandate to lead the company’s manufacturing operations in India and strengthen its operational capabilities. In his new role, Bhalerao will oversee manufacturing strategy, operational excellence, digital transformation and capability development across Schaeffler India’s operations. As a member […]
CW Bureau
·
Aug 11, 2026
AUTO
Uno Minda, TACHI-S To Build ₹320-Cr Seating Systems Unit In Maharashtra
Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has announced its entry into the four-wheeler passenger vehicle seating systems segment with plans to invest around ₹320 crore in a new manufacturing facility in Maharashtra. The company’s board has approved the establishment of a state-of-the-art greenfield plant in Chhatrapati Sambhajinagar (formerly […]
CW Bureau
·
Jul 7, 2026
AUTO
Force Motors Rolls Out 200,000th Mercedes Engine From Pune Plant
Force Motors Ltd has achieved a major manufacturing milestone with the rollout of the 200,000th Mercedes-Benz engine from its engine manufacturing facility in Chakan, Pune, reinforcing a partnership that has spanned more than five decades. The milestone highlights the long-standing collaboration between Force Motors and Mercedes-Benz in India and underscores their shared commitment to engineering […]
CW Bureau
·
Jun 17, 2026
AUTO
Maruti Suzuki Earmarks ₹925 Cr For New Green Energy Initiatives By FY31
India’s largest carmaker Maruti Suzuki India has announced plans to invest ₹925 crore in green energy initiatives by FY2030-31, while unveiling two new biogas projects aimed at strengthening its renewable energy ecosystem. The announcement, made on World Environment Day, includes the development of a new biogas plant at the company’s Kharkhoda facility and the expansion […]
CW Bureau
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Jun 5, 2026
AUTO
Tenneco Clean Air India Plans ₹140 Cr Capacity Expansion In West & North
Tenneco Clean Air India has announced a cumulative capital expenditure of ₹140 crore to establish two new greenfield manufacturing facilities, reinforcing its commitment to capacity expansion and long-term growth amid rising business momentum. The company, part of the US-headquartered Tenneco Group, a US-headquartered automotive component supplier, plans to set up a new clean air systems […]
CW Bureau
·
May 31, 2026
AUTO
Abu Dhabi Investment Office Partners With Motherson For KEZAD Auto Hub
The Abu Dhabi Investment Office (ADIO) has announced its partnership with Samvardhana Motherson International Ltd (Motherson) to support the development of a major automotive manufacturing hub in Abu Dhabi, further strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains. The partnership aligns with ADIO’s continued focus on enabling advanced […]
CW Bureau
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May 7, 2026
AUTO
Uno Minda Appoints Vivek Joshi To Lead Light Metal & Powertrain Unit
The board of directors of automotive components and systems provider Uno Minda Ltd has approved the appointment of Vivek Shripad Joshi as Chief Executive Officer (CEO) of the Light Metal and Powertrain Systems (LPS) domain, effective April 19, 2026. Transition roadmap Kundan Kumar Jha, who is currently the CEO–LPS domain of the company, will, for […]
CW Bureau
·
Apr 19, 2026
AUTO
Renault’s FutuREady Plan Targets Global Growth With India As Key Hub
Renault Group has unveiled its new strategic plan, futuREady, aimed at sustaining growth and positioning the company as the benchmark European carmaker globally, with India identified as a key growth and production hub. The strategy builds on the success of the earlier Renaulution plan and focuses on products, customer experience, technological innovation and operational excellence, […]
CW Bureau
·
Mar 11, 2026