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Vimag Labs Starts Manufacturing Operations in Haryana, Plans Rs 50 Crore Investment

autherEshisha Java     calendar13 Oct 2026

Vimag Labs has started production at its Jhajjar facility, with a phased Rs 50 crore investment plan and capacity targeted to reach 10,000 motor and control systems monthly.

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Ashok Leyland Ties Up With Union Bank for Truck, Bus Loans News
Ashok Leyland Ties Up With Union Bank for Truck, Bus Loans

autherEshisha Java calendar13 Oct 2026

Ashok Leyland has signed an MoU with Union Bank of India to offer vehicle financing and flexible repayment options to ...

Q2 surge powers electric car, SUV sales past 192,000 units in first-half FY2027 Analysis Sales
Q2 surge powers electric car, SUV sales past 192,000 units in first-half FY2027

autherAjit Dalvi calendar13 Oct 2026

Four straight months of 32,000-plus retail sales including a record 36,904 units in September have boosted deliveries ...

Volvo Studies Plug-In Hybrids for India, Remains Committed to EVs News
Volvo Studies Plug-In Hybrids for India, Remains Committed to EVs

By Ketan Thakkar and Mugdha Mishra calendar12 Oct 2026

MD Malhotra says current tax treatment favours battery electric vehicles, while customer willingness to pay will deter...

Volvo Signals Price Hike as Currency and Supply Pressures Hit Business News
Volvo Signals Price Hike as Currency and Supply Pressures Hit Business

By Ketan Thakkar and Mugdha Mishra calendar12 Oct 2026

Rising logistics costs could force an increase before the next annual review, while vehicle shortages constrain festiv...

Volvo Bets on EX90 to Build Premium Appeal, Takes the Long View on India News
Volvo Bets on EX90 to Build Premium Appeal, Takes the Long View on India

By Ketan Thakkar and Mugdha Mishra calendar12 Oct 2026

The Swedish carmaker sees its 90 family strengthening its position for future growth, with safety and Scandinavian ide...

Bonfiglioli Targets Electric Off-Highway Equipment as New Growth Opportunity News
Bonfiglioli Targets Electric Off-Highway Equipment as New Growth Opportunity

autherDarshan Nakhwa calendar12 Oct 2026

The company plans to expand its electric-drive portfolio for construction and material-handling equipment, leveraging ...

Hyundai Motor India Unveils India‑Spec Bayon at ₹11,000 Booking Price News
Hyundai Motor India Unveils India‑Spec Bayon at ₹11,000 Booking Price

autherShruti Shiraguppi calendar12 Oct 2026

Bookings open October 19; SUV features generative AI voice assistant, OTA updates for 19 controllers, and a 1.5L petro...

Bonfiglioli Plans New Plant in Talegaon to Expand Heavy-Duty Gearbox Business News
Bonfiglioli Plans New Plant in Talegaon to Expand Heavy-Duty Gearbox Business

autherDarshan Nakhwa calendar12 Oct 2026

The company plans to broaden its industrial product portfolio and strengthen its presence in a market projected to rea...

SML Mahindra Appoints Surender Kalra as CFO From January 2027 News
SML Mahindra Appoints Surender Kalra as CFO From January 2027

autherEshisha Java calendar12 Oct 2026

SML Mahindra will appoint Surender Kalra as CFO from January 2027, with Manaswini Goel serving as interim CFO and Ashu...