manufacturing

RCRS innovations files for IPO, aims to expand battery manufacturing

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding...

auto | 5 months ago

Escorts Kubota plans to invest up to INR 4,500 cr in new plant over next 3-4 years

At present, the company has a total annual tractor production capacity of 1.7 lakh units. The main p...

auto | 5 months ago

Stellantis considering India manufacturing of affordable EVs

Leapmotor New Delhi: India’s electric vehicle policy was something that was negotiated by Tesla but ...

auto | 5 months ago

Companies knowingly violated FAME subsidy scheme, finds panel

The government, after an initial probe, sent out recovery notices in the current fiscal (2023-24) to...

auto | 5 months ago

After X-440, Hero and Harley-Davidson may bring more US models to India

The market for premium motorcycles is growing and Harley-Davidson executives have stated their satis...

auto | 5 months ago

Investments made in creating plant and machinery to qualify for sops under new EV policy

As an incentive, the centre will levy concessional import duties on cars being imported by companies...

auto | 5 months ago

FAME 3 likely to be rolled out soon with INR 10,000 cr outlay, with support for hybrids but not e-cars

Hybrid cars may also get support under FAME 3, subject to adhering to the price cap, if passenger ca...

auto | 4 months ago

Robotics company Difacto raises USD 4.8 mn from Stakeboat Capital

Difacto, set up in 2007, operates across four key segments–welding systems, material handling system...

auto | 4 months ago

India has huge potential to be a manufacturing hub in tune with global growth: Veena Lakkundi, Rockwell Automation

Veena Lakkundi, senior vice president, strategy & corporate development, Rockwell AutomationIn a...

auto | 4 months ago

Car companies steer clear of new EV policy

MHI, which deals with the automobile industry on the matter, has held one round of consultations wit...

auto | 3 months ago

India can do to AI what China did to manufacturing: Bhavish Aggarwal, Ola

Bhavish Aggarwal Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent In...

auto | 3 months ago

China defends manufacturing push, says world needs more EVs

China is facing rising trade barriers in developed economies such as the US and European Union, whic...

auto | 2 months ago

Euler Motors unveils Rs 100 crore new production facility in Palwal, Haryana

New Delhi: Euler Motors, a leading electric commercial vehicle manufacturer, Tuesday unveiled its co...

auto | 2 months ago

Delivery of India-made Range Rover Sport priced at INR 1.4 crore begins

Mumbai:Range Rover Tuesday began delivery of the locally-manufactured Range Rover Sport in India. Th...

auto | 2 months ago

Low R&D spend, no cluster approach: India’s electronic component makers beaten by China on costs

Manufacturing hubs provide benefits in terms of labour subsidy, corporate income tax reductions, int...

auto | 1 month ago

Ather Energy’s new plant to come up in Maharashtra, confirms cofounder Swapnil Jain

Electric scooter maker Ather Energy to set up a manufacturing plant in Maharashtra.Electric scooter ...

auto | 1 month ago