Latest Project Updates
Rs.143 Million Iron Castings Expansion Project in SAS Nagar, Punjab
Executive Summary: Contour Automotive is expanding iron castings in Punjab, raising capacity from 14 to 20 MT/Day, highlighting commitment to innovation. Costs Rs. 143.432 million. Received state pollution authorities' consent in Feb 2021.
Rs.10000 Million 2 & 3 Wheeler Tyre Unit Expansion Project in Tamil Nadu
Executive Summary: Tamil Nadu's tyre expansion by doubling off-highway capacity and 25-30% increase in 2 & 3 wheeler tyre production. Rs. 10000M investment via debt and accruals. MOU signed with local govt, boosting growth, jobs, and industry.
Rs.7000 Million New E-Mobility Mfg. Plant in Ranipet, Tamil Nadu
Executive Summary: Ampere Vehicles is pioneering an E-Mobility manufacturing plant in Tamil Nadu, producing up to 1 million electric vehicles annually. With a Rs. 7000 million investment, the plant showcases their commitment to sustainable transportation and technological advancement by 2021.
Rs.220 Million New Tractor Components Assembly Project in Pune, Maharashtra
Executive Summary: In Pune, Maharashtra, a major assembly project for automobile and tractor components with a capacity of 121,000 units/month is underway after securing pollution authorities' consent in Feb 2021. The Rs. 220 million investment reflects commitment to demand, sustainability, and economic growth.
Rs.900 Million Automobile Parts Mfg. Unit Expansion Project in Pune, Maharashtra
Executive Summary: Auto leader Minda collaborates with China's Beiqi Hai Hua to form a pioneering 50:50 joint venture—Minda China Plastic Solutions Ltd. This Rs. 84 million initiative produces automotive components, emphasizing quality and innovation. With Rs. 900 million investment, it expands to make car and motorcycle parts, reinforcing Minda's global automotive prominence.
New Shaft & Gears Mfg. Project in Aurangabad, Maharashtra
Executive Summary: Leading auto manufacturer plans high-capacity shaft & gear production in Aurangabad, Maharashtra. Visionary project aligns with industry growth, sustainability, and state regulations. Aiming to enhance local economy & automotive sector.
Rs.1500 Million New Two Wheeler Mfg. Unit in Rajasthan
Executive Summary: A leading electric vehicle manufacturer plans to establish a new two-wheeler manufacturing unit in Rajasthan, with an annual capacity of 5-6 lakh units. The project cost is estimated at Rs.1500 million. The company announced this venture in January 2021.
New AutoMobile Components Mfg. Project in Pune, Maharashtra
Executive Summary: New autoMobile components manufacturing project planned in Shindewadi, Bhor, Pune, Maharashtra. Cost: Rs. 90 million. Consent obtained from state pollution control authorities for project establishment. Focus on quality, growth, and environmental responsibility.
Rs.403260 Million Railway Tracks Electrification Project
Executive Summary: Ministry of Railways plans nationwide railway track electrification project involving doubling, electrification, and maintenance of existing tracks. Project cost: Rs. 403,260.7 million. Under implementation stage as of January 2021, with notice to proceed.
Rs.151 Million New Automobiles Components Mfg. Unit in Tumkur, Karnataka
Executive Summary: A new automobile components manufacturing unit is being established in Tumkur, Karnataka. The project, approved by the State Single Window Clearance & Monitoring Authority, involves a 2-acre facility with an estimated cost of Rs. 151 million. Project work commenced in January 2021, driving growth and innovation in the local automotive industry.