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Pune: The increase in renewable energy production capacity will support sustainable mobility efforts in the state, chief minister Devendra Fadnavis said on Thursday."We have a robust solar power generation system. By 2030, I am sure that the share of renewable power generation in the state will be around 52%. This will help develop charging infrastructure using decarbonised power," he said at the launch of the EV truck developed and manufactured by Essar Group-backed Blue Energy Motors at its pl ...Read More >
Pune (Maharashtra) [India], October 16 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Thursday unveiled Blue Energy Motors' (BEM) electric heavy-duty truck at the company's manufacturing facility in Chakan, Pune, marking a significant step in India's electric mobility revolution. The truck, touted as India's first electric heavy-duty vehicle with battery-swapping capability, was launched at BEM's facility, which has a production capacity of 10,000 trucks per annum. The CM highlighted th ...Read More >
Rajaa added that Foxconn's India representative Robert Wu had met with Tamil Nadu CM MK Stalin "to reaffirm their deep trust in Tamil Nadu with substantial investment comRmitments". Taiwanese contract manufacturing giant Foxconn has committed ₹15,000 crore in investments, creating 14,000 high-value jobs, Tamil Nadu industries minister TRB Rajaa said in a post on X (formerly Twitter) on Monday. Rajaa said this was the largest-ever engineering jobs commitment for the state and a 'major boost' f ...Read More >
Pune, Oct 16 (SocialNews.XYZ) Chief Minister Devendra Fadnavis on Thursday said the state government will extend all possible support for the production of trucks and build other corridors like the Mumbai-Pune Electric Corridor. "The electric truck with swappable battery manufactured by Blue Energy Motors is a ' revolution on wheels ' and considering its technology and efficiency, this sector will expand to a large extent in the coming days. The state government will provide all possible suppor ...Read More >
Hyderabad: Ola Electric on Wednesday launched 'Ola Shakti', a portable device that can power homes, business establishments, and farm equipment. With this, the Bengaluru-based electric vehicle maker has forayed beyond mobility and entered into the Battery Energy Storage Systems (BESS), a Rs 1 lakh crore sector projected to surpass Rs 3 lakh crore in value by 2030. "We didn't name the company Ola Auto; we named it Ola Electric, and our vision has always been to bring the whole energy storage sup ...Read More >
Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. "VinMetal is not just a steel ...Read More >
Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. VinMetal is not just a steel p ...Read More >
NewsVoir Gurugram (Haryana) [India], October 16: When Vingroup, the largest private conglomerate in Vietnam, launched VinMetal in September 2025, it made clear that this was about more than steel. The company is investing about 380 million dollars to produce construction steel and high-strength alloys. Its first customers will be within the group itself, supplying projects for Vinhomes and VinFast. Over time, VinMetal will also target major infrastructure works and exports. "VinMetal is not jus ...Read More >
Sterling Tools on Tuesday announced that its motor controller subsidiary, Sterling Gtake, has been rebranded as Sterling E-Mobility Solutions, signalling a strategic shift towards becoming a comprehensive provider of electric vehicle (EV) technologies. According to the official press release, the rebranding reflects the company's expanding portfolio and its focus on delivering integrated solutions for EV powertrains and power electronics. Sterling aims to leverage global innovation and local ex ...Read More >
The dealership marks the company's entry into the retail network for electric scooters, signalling its broader nationwide expansion plans. Kinetic Watts & Volts Ltd., the electric vehicle arm of the Kinetic Group, on Thursday inaugurated its first exclusive EV dealership in India at Tingre Nagar, Pune. The new 3S (Sales, Service and Spares) facility marks the company's entry into the retail network for its electric scooters and signals the start of its national expansion plan. The dealership, ...Read More >
EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of USD 300 million. The fund will be used for investing in renewable energy, energy storage, electric mobility, and other green infrastructure assets. "The fund has a target size of $300 million and will channel equity and quasi-equity into greenfield infrastructure projects and growth-stage compani ...Read More >
Leading player in the renewable energy sector, Servotech Renewable Power Systems Ltd on Monday said it has received an order from South Eastern Railway's Ranchi Division for setting up a 2.58 megawatt (MW) solar rooftop project. In a regulatory filing, the company said the scope of work includes design, manufacturing, supply, installation, testing and commissioning of on-grid rooftop solar photovoltaic (PV) systems of various capacities across multiple railway sites in the Ranchi Division. "Th ...Read More >
New Delhi: The European Investment Bank (EIB) is stepping up its presence in India's green transition, using its capital and expertise to plug financing gaps in clean energy, sustainable transport and water infrastructure, top official at the multilateral financial agency told Mint on Thursday. The broad aim is to make lives better, more sustainable and inclusive. By investing in the country's green funds and projects from metro systems to battery storage, the EU's lending arm aims to accelerat ...Read More >
New Delhi : Ashok Leyland, the Indian flagship of the Hinduja Group and the country's leading commercial vehicle manufacturer, today announced that it has commenced the delivery of 24 units of AVTR 55T Electric trucks to M/s ASAT Logistics Pvt Ltd, a prominent player in cement and aggregate movement and the strategic logistics partner for Shree Cement. This milestone reinforces the strategic alliance between Ashok Leyland and ASAT Logistics while highlighting Ashok Leyland's commitment to advanc ...Read More >
New Delhi: TACC Ltd, a wholly owned subsidiary of HEG Ltd and part of the LNJ Bhilwara Group, has secured ₹1,230 crore funding from State Bank of India (SBI) for its lithium-ion battery-grade graphite anode manufacturing project in Dewas, Madhya Pradesh. The project, with a capacity of 20,000 metric tonnes per annum (MTPA), is aimed at establishing domestic production capability for graphite anodes -- a key component in lithium-ion batteries used in electric vehicles (EVs) and energy storage s ...Read More >
Garg, who currently serves as Whole-time Director at HMIL, is expected to lead the company's growth strategy amid changing market conditions in India. Hyundai Motor India Limited (HMIL) has announced Tarun Garg as its new Managing Director and Chief Executive Officer (CEO), effective January 1, 2026. He will replace Unsoo Kim, who is returning to Hyundai Motor on December 31. This strategic move was announced in the company's regulatory filings. Garg, who currently serves as Whole-time Directo ...Read More >
More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, a report said on Wednesday. New Delhi, More than half of employers (56 per cent) in India intend to expand their workforce in the second half of the current financial year (H2 FY26), while 27 per cent plan to maintain stability and 17 per cent foresee rationalisation, ...Read More >
New Delhi, Oct 16 (PTI) Ola Electric on Thursday said it has forayed into the country's Rs 1 lakh crore battery energy storage systems market, which is projected to grow to over Rs 3 lakh crore by 2030. The company has launched Ola Shakti, its first residential Battery Energy Storage System (BESS) solution. "India doesn't face an energy shortage; it faces an energy storage opportunity. With Ola Shakti, we are turning that opportunity into energy independence," Ola Electric CMD Bhavish Aggarwal ...Read More >
South Korean auto major Hyundai Motor Co is making its most ambitious move yet in India, committing an investment of Rs 45,000 crore by FY2030 to turn the country into its second-largest market globally, next only to the US. The announcement, which was made at Hyundai Motor India's (HMIL) first-ever Investor Day in Mumbai on Wednesday, comes alongside another major decision, which is that for the first time since its India entry in the mid-1990s, the company will be led by an Indian managing dir ...Read More >
India's trade deficit with China has widened to USD 99.2 billion during 2024-25. Beijing/New Delhi: China has filed a complaint against India in the World Trade Organization (WTO) over New Delhi's subsidies for electric vehicles (EVs) and batteries. Commerce Secretary Rajesh Agrawal said that the ministry will look at the detailed submissions made by China. Confirming the move, an official said that China has also filed similar applications against Turkiye, Canada and the EU. "They have sou ...Read More >
Mumbai (Maharashtra) [India], October 9 (ANI): Prime Minister Narendra Modi inaugurated the Navi Mumbai International Airport and unveiled various developmental projects in Mumbai on Wednesday, saying that the new international airport and underground metro are set to transform travel and connectivity in the city. Noting that Mumbai's long wait has ended with the city now receiving its second international airport, the Prime Minister highlighted that this airport will play a major role in estab ...Read More >
NEW DELHI: Prime Minister Narendra Modi will inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on Wednesday, a landmark step in India's civil aviation journey. The project marks a major milestone in Mumbai's emergence as a global multi-airport city and is set to aid in easing congestion, boost passenger capacity, and introduce sustainable infrastructure.Second international airport for MumbaiBuilt at a cost of Rs 19,650 crore, NMIA is India's largest Greenfield airport project, ...Read More >
Shimla (Himachal Pradesh) [India], October 3 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday directed all the administrative secretaries to set clear targets and complete the pending tasks to extend benefits of development projects to the people. In a high level meeting with all the administrative secretaries here today, the chief minister said that the state government from the very first day had been working to ensure good governance and betterment of the people of the ...Read More >
Shimla (Himachal Pradesh) [India], October 3 (ANI): Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday directed all the administrative secretaries to set clear targets and complete the pending tasks to extend benefits of development projects to the people. In a high level meeting with all the administrative secretaries here today, the chief minister said that the state government from the very first day had been working to ensure good governance and betterment of the people of the ...Read More >
New Delhi, Oct 3 (PTI) Silver has outpaced gold with a 19.4 per cent surge in September against a 13 per cent rise in the yellow metal price, driven by robust industrial demand, especially from solar and technology sectors, and tightening global supply. Silver prices climbed Rs 24,500 from Rs 1,26,000 per kilogram on September 1 to Rs 1,50,500 per kg on September 30, marking one of the steepest monthly gains in recent years. On Friday, the white metal settled at Rs 1,50,000 per kilogram in the ...Read More >
New Delhi, Oct 2 (PTI) Auto components major SKF India group, which has undergone demerger of its automotive and industrial businesses, plans to invest up to Rs 1,460 crore by 2030 across the two verticals, including capacity expansion and setting up of a new plant. The company expects the demerged industrial entity, SKF India (Industrial) Ltd , to be listed by November this year, subject to necessary approvals. The demerger of the industrial business has been completed effective October 1, 20 ...Read More >
Bengaluru : VinFast Auto India has signed a Memorandum of Understanding (MoU) with Castrol India Limited, a premium lubricant manufacturer, to provide reliable and accessible after-sales support for its EV customers across the country. This reinforces VinFast's long-term commitment to building a trusted service ecosystem for its EV owners in India. As part of the MoU, Castrol India will make selected Castrol Auto Service (CAS) workshops from its 750+ CAS network in 300+ cities available to VinF ...Read More >
New Delhi, Oct 1 (PTI) Tata Motors on Wednesday reported its best-ever monthly passenger vehicle sales of 60,907 units in September, a year-on-year increase of 47 per cent, due to the GST rate cut and higher demand during the Navratri festival. The Mumbai-based auto major reported vehicle wholesales of 41,313 units in September 2024. In the domestic market, the company said, its dispatches to dealers rose 45 per cent to 59,667 units against 41,063 units in the year-ago period, Tata Motors said ...Read More >
Gurugram : JSW MG Motor India reported monthly sales of 6728* units in September 2025, reflecting a year-on-year (YoY) growth of 34% compared to the 5021 units sold in September 2024. The company's growth was supported by the recent GST reduction and the onset of the Navratri festive season, both of which boosted customer sentiment and provided strong sales momentum. Both ICE and EV models of JSW MG Motor India contributed to this remarkable achievement. The recent GST reduction has delivered s ...Read More >
Hyderabad (Telangana) [India], October 1: After a successful first edition, NoBroker is bringing back the Property Carnival to Hyderabad on 4th and 5th October at The Westin Hyderabad Mindspace, Raheja IT Park, Hitec City, from 9 AM to 8 PM. This edition promises to be even bigger, offering buyers and investors a one-stop destination to explore top residential projects, exclusive offers, and seamless homebuying opportunities. Also Read | PM Narendra Modi Attends RSS Centenary Celebrations in De ...Read More >
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