AUTO
Hyundai To Launch Mass-Market EV From Chennai, Commits To TN Capex
Hyundai Motor India Ltd (HMIL) has reaffirmed its commitment to Tamil Nadu by positioning the state as its flagship electric vehicle (EV) hub for India, while announcing plans to deepen localisation, expand EV manufacturing and launch a major skill development initiative aimed at enhancing the global employability of the state’s youth. The company said it […]
CW Bureau
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Jun 4, 2026
MANUFACTURING
TII Lines Up ₹650-Cr Capex For FY27 Across Core Operations, Subsidiaries
Engineering and manufacturing major Tube Investments of India Ltd (TII) said it plans to invest between ₹300 crore and ₹350 crore in its core businesses during the current financial year, while an additional ₹300 crore is expected to be deployed into subsidiaries, including its electric vehicle and medical businesses. Managing Director Mukesh Ahuja said the […]
CW Bureau
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May 19, 2026
AUTO
Ola Electric Gets PLI Nod For Roadster X+, Accelerates EV Motorcycle Drive
Ola Electric has received Certification for Compliance with eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme from the Global Automotive Research Centre (GARC) for its Roadster X+ 11 kW 4.5 kWh model under the PLI Scheme for Automobile and Auto Components (PLI-Auto Scheme). First in Roadster portfolioWith this, the Roadster X+ 4.5 kWh […]
CW Bureau
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Apr 3, 2026