India Economy Thread

Nissan bets on exports, targets fourfold growth in India sales by FY28​


‘Uno Minda Is Positioned to Aggressively Expand Its Global Footprint,’ Says Nirmal Minda​

During FY26, it began manufacturing what it described as India’s first localised automotive camera module at its sensors and advanced driver-assistance systems plant in Pune, replacing imports.

It also approved an investment of ₹210 crore for an electric-vehicle casting plant at Chhatrapati Sambhajinagar. A new high-voltage EV powertrain plant at Khed City in Pune is expected to start production in the second half of FY27. The facility will manufacture advanced e-axles and integrated electric drivetrains.

Uno Minda has also announced an investment of ₹550 crore for another passenger-vehicle powertrain plant at Chhatrapati Sambhajinagar. The unit will manufacture electric drive units and dedicated hybrid transmission systems and is expected to become operational by the second quarter of FY28.
www.autocarpro.in

‘Uno Minda Is Positioned to Aggressively Expand Its Global Footprint,’ Says Nirmal Minda | Autocar Professional

The auto-component maker plans to expand its customer base across Europe, North America and Southeast Asia; powertrain-agnostic portfolio to support growth across ICE, hybrid and electric vehicles.
www.autocarpro.in www.autocarpro.in
 
This is from last November but it's still worth bringing up.

Toyota, Honda, Suzuki turn India into car production hub in pivot away from China​

Toyota the world's largest carmaker and Suzuki the leader in the Indian market with almost a 40% share, have separately announced investments totalling $11 billion to beef up manufacturing and export capabilities in the world's third-largest auto market. Honda said it will make India a production and export base for one of its planned electric cars. Last year Toyota announced more than $3 billion in investment to expand production at its existing factory in southern India by some 100,000 vehicles a year and build a new plant in western Maharashtra state that is expected to begin production before 2030.
 

Exide Industries to invest ₹1,400 crore in FY27 for lithium-ion cell plant in Bengaluru​

The company has already invested around ₹4,800 crore in the lithium-ion cell manufacturing plant in Bengaluru.
www.thehindubusinessline.com

Exide Industries to invest ₹1,400 crore in FY27 for lithium-ion cell plant in Bengaluru

Storage battery major Exide Industries said on Friday that it is planning to invest around ₹1,400 crore this fiscal for the first phase of the multi giga watt hour (GWh) greenfield lithium-ion cell manufacturing project, which is expected to start generating revenue from the third quarter
www.thehindubusinessline.com www.thehindubusinessline.com
 

Tata Motors Targets South Africa, Australia, Eyes UK and Europe in Next Phase of Global Expansion​

www.autocarpro.in

Tata Motors Targets South Africa, Australia, Eyes UK and Europe in Next Phase of Global Expansion | Autocar Professional

Company identifies South Africa, Australia and Malaysia as key overseas growth markets.
www.autocarpro.in www.autocarpro.in

Maruti, M&M, Tata Motors eye UK EV market boost after India-UK trade pact
 
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Amara Raja has an in-house developed high-nickel 21700 NMC cylindrical cell.
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