CEAT’s Ambernath facility is evolving from an agriculture-focused plant into a broader export-oriented OHT manufacturing hub, with capacity set to rise from 105 to 160 tonnes per day, writes Upendra Kasbekar. When CEAT established its dedicated Ambernath manufacturing facility in 2018, the focus was largely on agricultural radial tyres. Since then, the plant has expanded into forestry, Very High Flexion[Read More…]
The new Electronic Products & Systems business will focus on EV powertrains, ADAS, connected vehicles, robotics and strategic electronics, targeting a market opportunity of nearly $5 billion by 2031. Mumbai: Larsen & Toubro (L&T) has announced a major foray into electronics manufacturing by establishing a dedicated Electronic Products & Systems (EPS) business, backed by a planned investment of Rs 5,000[Read More…]
The move will consolidate Mahindra Group’s truck and bus operations under a single entity, creating a wider commercial vehicle portfolio spanning light, intermediate and heavy trucks, along with buses. Mumbai: SML Mahindra Ltd. has approved the acquisition of Mahindra & Mahindra’s (M&M) Truck and Bus Division (MTBD) through a slump sale, marking a significant step in the Mahindra Group’s strategy[Read More…]
Michelin, the tyre technology company, has launched a new Michelin Tyres & Services (MTS) store in Kanpur in partnership with HJ Wheels in Harsh Nagar. The new outlet aims to make Michelin’s products and services more accessible to customers in the city and surrounding areas. The new facility offers Michelin’s complete range of passenger car, SUV and two-wheeler tyres, including[Read More…]
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