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Balkrishna Industries raises capex by 50% to Rs 900 crore for FY24, opens new mould manufacturing unit in Bhuj

Balkrishna Industries raises capex by 50% to Rs 900 crore for FY24, opens new mould manufacturing unit in Bhuj

Shruti Mishra     calendar27 Oct 2023

The company's estimated capex for FY24 is Rs 900 crore, which includes a new mould manufacturing capacity in Bhuj worth Rs 300 crore and the balance will be spent on new product development and giant tires to widen the product basket.

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MAHLE establishes Global Bio-Mobility Center in Brazil News
MAHLE establishes Global Bio-Mobility Center in Brazil

autherAutocar Professional Bureau calendar27 Oct 2023

MAHLE experts from the Global Bio-Mobility Center in Jundiaí will bundle application engineering knowhow from more of ...

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MAHLE establishes Global Bio-Mobility Center in Brazil News
MAHLE establishes Global Bio-Mobility Center in Brazil

autherAutocar Professional Bureau calendar27 Oct 2023

MAHLE experts from the Global Bio-Mobility Center in Jundiaí will bundle application engineering knowhow from more of ...

READ MORE Read More
MAHLE establishes Global Bio-Mobility Center in Brazil News
MAHLE establishes Global Bio-Mobility Center in Brazil

autherAutocar Professional Bureau calendar27 Oct 2023

MAHLE experts from the Global Bio-Mobility Center in Jundiaí will bundle application engineering knowhow from more of ...

READ MORE Read More
Car Market growth to be stagnant in FY25, Maruti will look to outperform says R C Bhargava News
Car Market growth to be stagnant in FY25, Maruti will look to outperform says R C Bhargava

By Ketan Thakkar and Mayank Dhingra  calendar27 Oct 2023

Maruti Suzuki is eyeing double-digit growth in FY24 with plans to breach 2 million output, it will seek to outperform ...

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TVS Ronin Special Edition launched at Rs 1.72 lakh News
TVS Ronin Special Edition launched at Rs 1.72 lakh

autherAutocar Professional Bureau calendar27 Oct 2023

The new TVS Ronin TD will be available in the colour - Nimbus Grey.

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‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava News
‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava

By Mayank Dhingra and Ketan Thakkar calendar27 Oct 2023

With over 70 percent of India’s power generation coming from coal, India’s largest carmaker believes hybrid propulsion...

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‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava News
‘Hybrids cleaner than EVs in Indian scenario for at least next 8-10 years’: RC Bhargava

By Mayank Dhingra and Ketan Thakkar calendar27 Oct 2023

With over 70 percent of India’s power generation coming from coal, India’s largest carmaker believes hybrid propulsion...

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Without growing small car segment, Indian market can't grow even at 6-7 percent, says R C Bhargava  News
Without growing small car segment, Indian market can't grow even at 6-7 percent, says R C Bhargava 

By Ketan Thakkar and Mayank Dhingra  calendar27 Oct 2023

"The future growth of sedan and SUV will come from small cars. We will not get large growth without growing the small ...

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Schaeffler's India unit Q2 profit rises 8% to Rs 233 crore on robust demand News
Schaeffler's India unit Q2 profit rises 8% to Rs 233 crore on robust demand

autherAutocar Professional Bureau calendar27 Oct 2023

Still, the poor monsoons earlier in the quarter had made commercial vehicles such as tractors less affordable for Indi...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.93%

No

 

35.07%

Total Votes : 921