Automobile manufacturer Ford, on Friday (October 31, 2025), confirmed plans to revive manufacturing operations at its Chennai plant, with a focus on producing all-new, next-generation engines. With an initial investment of ₹3,250 crore, the project, involving powertrain manufacturing, is expected to create more than 600 jobs, the company said in a release. Ford, which halted … Read more
The Company has signed a MOU with Germany-based NEURA Robotics GmbH to jointly develop and industrialise advanced robotics and humanoid technologies. The tie up targets to leverage upon Sona’s precision engineering and manufacturing capabilities, and NEURA’s expertise in cognitive robotics. NEURA was founded in 2019, and is focused on Cognitive Robotics Last it raised $130 … Read more
Automotive software developers in India, who are mostly focused on innovations around software-defined vehicle (SDV), are witnessing long development cycles, highest globally, as several regulatory pressures are compounding existing development bottlenecks, reported QNX, a division of BlackBerry Limited, a Canadian software firm that specialises in secure communications and IoT. The company here on Tuesday said automotive software … Read more
Apollo Tyres will be the new jersey sponsor of the Indian cricket team and will be shelling out approximately Rs 4.5 crores per bilateral game, significantly up from the Rs 4 crore previous sponsors Dream11 were paying. The sponsorship period is set to run until March 2028 with as many as 130 fixtures falling in … Read more
Road transport minister Nitin Gadkari said India must develop world-class infrastructure to achieve its target of becoming a $5 trillion economy and the third largest in the world, as the prime minister envisions. To meet this goal, priority is being given to four key sectors including water, power, transport and communication, Gadkari said in his … Read more
As per newspaper reports, Sona being India’s biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into the government push to incentivize their production at home as China restricts their exports. (China, which produces around 90 per cent of the world’s rare earth magnets, put restrictions … Read more
In a significant announcement, Anand Group has announced consolidating it’s varied auto ancillary businesses under it’s listed subsidiary Gabriel India (GIL). GIL consequently will transform from a single product Company (suspension parts and shock absorbers) to a multi-product Company (brake fluid, radiator coolants, diesel exhaust fluid (DEF) / Ad-blue for 2W, 3W, 4W and truck … Read more
Goodyear India (GIL) has informed that the parent, The Goodyear Tire & Rubber Co., USA (GTR), is reviewing the farm tire business of the Company to evaluate all strategic, operational and financial opportunities related to that business. In July 2024, GTR sold it’s off-the-road business to Yokohama for $905 million It is now working with … Read more