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INDUSTRY TALK

Daimler India Commercial Vehicles outlines ₹4,000 crore investment to strengthen BharatBenz and India’s commercial vehicle ecosystem

Proposed investment to take DICV’s cumulative India investment beyond ₹14,500 crore; expected to support manufacturing, R&D, product development and future technologies while creating around 400 jobs Daimler India Commercial Vehicles (DICV), the manufacturer of BharatBenz trucks and buses and a wholly owned subsidiary of Daimler Truck AG, has outlined an additional investment of approximately ₹4,000 crore in Tamil Nadu. The[Read More…]

by Niharika Singh — August 13, 2026 — INDUSTRY TALK, News

Michelin Expands Retail Presence in Chennai with Four New Tyre and Services Stores

Michelin has strengthened its retail footprint in Chennai with the opening of four new Michelin Tyre and Services (MTS) outlets in Gopalapuram, Adyar, Tambaram-Selaiyur and Maduravoyal. The expansion comes alongside the recent launch of Michelin’s Made-in-India Primacy 5 tyres, aimed at bringing premium tyre solutions and professional automotive services closer to customers across the city. The new outlets have been[Read More…]

by Niharika Singh — August 12, 2026 — News, Tyre Talk

Tata Motors, UCO Bank Join Hands to Expand Commercial Vehicle Financing

Tata Motors has entered into a strategic partnership with UCO Bank to strengthen financing access for commercial vehicle buyers across India. The two organisations have signed a Memorandum of Understanding (MoU) aimed at making organised vehicle finance more accessible to entrepreneurs, fleet operators and businesses, particularly in underserved urban and rural markets. As part of the collaboration, customers purchasing Tata[Read More…]

by Niharika Singh — July 14, 2026 — INDUSTRY TALK, News

BKT Expands Carbon Black Capacity to 360,000 MTPA

Balkrishna Industries Ltd. (BKT) has completed the expansion of its carbon black manufacturing facility, increasing annual production capacity from 265,000 Metric Tonnes Per Annum (MTPA) to 360,000 MTPA with an investment of ₹800 crore, funded entirely through internal accruals. The expansion strengthens BKT’s vertical integration strategy by securing a key raw material used in tyre manufacturing, reducing dependence on merchant[Read More…]