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JSW Group to produce locally manufactured battery cells in Odisha within 18-24 months

Ketan Thakkar and Prerna Lidhoo     calendar20 Mar 2024

The Group is currently in talks with multiple potential partners and the cement to steel major is keen only on a technology tie-up and not an equity partnership.

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Indians now hold majority share in JSW MG Motor India, JV to invest Rs 5000 crore in first phase News
Indians now hold majority share in JSW MG Motor India, JV to invest Rs 5000 crore in first phase

By Ketan Thakkar and Prerna Lidhoo calendar20 Mar 2024

JSW is taking a 35% stake in MG Motor India. IFI is taking an 8% stake, dealers are taking a 3% stake and 5% is being ...

Transport Minister Gadkari proposes cutting GST on hybrid cars to 12%: Report News
Transport Minister Gadkari proposes cutting GST on hybrid cars to 12%: Report

autherAutocar Professional Bureau calendar20 Mar 2024

India currently levies a goods and service tax (GST) of 28 percent on vehicles powered by internal combustion engines,...

Himadri Specialty Chemicals acquires stake in lithium-ion battery material startup Invati  News
Himadri Specialty Chemicals acquires stake in lithium-ion battery material startup Invati 

autherAutocar Professional Bureau calendar20 Mar 2024

This strategic investment grants Himadri two nominee directors on Invati's board, fostering close collaboration and sy...

TVS Motor Co inducts Vijay Sankar and Shailesh Haribhakti as independent directors News National
TVS Motor Co inducts Vijay Sankar and Shailesh Haribhakti as independent directors

autherAutocar Professional Bureau calendar20 Mar 2024

Vijay Sankar, chairman of the Chennai-based Sanmar Group, and Shailesh Haribhakti, chairman of Shailesh Haribhakti & A...

India debut: MG Motor India takes wraps off the Cyberster News
India debut: MG Motor India takes wraps off the Cyberster

By Rivan RS, Autocar India calendar20 Mar 2024

Top-spec Cyberster EV gets 77kWh battery with up to 580km range.

Shah Rukh Khan onboarded as brand ambassador for Castrol India News
Shah Rukh Khan onboarded as brand ambassador for Castrol India

autherAutocar Professional Bureau calendar20 Mar 2024

With Shah Rukh Khan as its brand ambassador, Castrol aims to reach a wider audience and maintain its status as a premi...

Semiconductor manufacturing in Assam will put state on global map, says Ratan Tata: ANI News
Semiconductor manufacturing in Assam will put state on global map, says Ratan Tata: ANI

autherAutocar Professional Bureau calendar20 Mar 2024

"Today, the state government of Assam in partnership with the Tata Group will make Assam a major player in sophisticat...

SKF appoints Mukund Vasudevan as President, Industrial Region of India and Southeast Asia News
SKF appoints Mukund Vasudevan as President, Industrial Region of India and Southeast Asia

By Shahkar Abidi calendar20 Mar 2024

Mukund will succeed Fredrik Hallen, Acting President of the Industrial Region of India and Southeast Asia.

SAIC Motor, JSW Group outline roadmap for JV- JSW MG Motor India News
SAIC Motor, JSW Group outline roadmap for JV- JSW MG Motor India

autherAutocar Professional Bureau calendar20 Mar 2024

JV to focus on creating a robust EV ecosystem with forward and backward integration of the supply-chain.