In a significant move underscoring its long-term commitment to India, Renault Group has inaugurated its new state-of-the-art design centre in Chennai, now the company’s largest design hub outside France. The facility, which replaces the studio established in 2013, aims to spearhead Renault’s product innovation, localisation, and global collaboration, as part of its wider ‘Renault Rethink’… Continue reading Renault Unveils Its Largest Global Design Hub Outside France in Chennai
Author: Autocar_Professional India Online News
Renault Rethink: A New India Strategy at the Core of Global Growth Play
India has emerged as a key pillar in Renault’s global expansion strategy, with the country playing a central role in the automaker’s future volume growth. Under the newly launched ‘Renault Rethink’ plan, the company has acquired complete control of its JV plant with Nissan and committed $600 million in fresh investments. It also announced the… Continue reading Renault Rethink: A New India Strategy at the Core of Global Growth Play
NSDC and Rapido Partner to Create Gig Economy Opportunities Across India
National Skill Development Corporation (NSDC) and bike taxi aggregator Rapido signed a Memorandum of Understanding in New Delhi today to create employment pathways for gig workers across India. The partnership will link NSDC’s training infrastructure with Rapido’s transportation network to provide sustainable earning opportunities for candidates nationwide. Under the agreement, NSDC will identify and mobilize… Continue reading NSDC and Rapido Partner to Create Gig Economy Opportunities Across India
Mahindra & Mahindra Financial Services Approves Dividend, Increase in Borrowing Limits
Mahindra & Mahindra Financial Services Limited (M&MFIN) announced today that its board of directors has approved a dividend of Rs. 6.50 per equity share (325%) for the financial year ended March 31, 2025, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also plans to increase its aggregate borrowing limits from… Continue reading Mahindra & Mahindra Financial Services Approves Dividend, Increase in Borrowing Limits
Numeros Motors Joins Forces with IIT Bhubaneswar on Rare Earth-Free EV Motors
Numeros Motors, a Bangalore-based electric vehicle manufacturer, has established a research collaboration with the Indian Institute of Technology (IIT) Bhubaneswar to develop rare earth-free motor technologies for electric vehicles, according to a joint announcement made Tuesday. The two-year research initiative will focus on exploring non-magnet motor designs that can reduce dependence on rare earth materials,… Continue reading Numeros Motors Joins Forces with IIT Bhubaneswar on Rare Earth-Free EV Motors
Hyundai and IndianOil Partner to Test Hydrogen Fuel Cell Vehicles in India
Hyundai Motor India Limited (HMIL) and Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding on April 22 to assess the viability of hydrogen fuel cell vehicles for mass adoption in India. As part of the agreement, Hyundai has provided one NEXO Hydrogen Fuel Cell Electric Vehicle (FCEV) to IndianOil for conducting real-world testing… Continue reading Hyundai and IndianOil Partner to Test Hydrogen Fuel Cell Vehicles in India
Rosmerta Group Launches MyRaasta COCO Garage in Gurgaon, Expanding Automotive Service Portfolio
Rosmerta Group announced today its entry into the direct-to-consumer automotive service market with the launch of MyRaasta COCO Garage in Gurgaon. The 11,000-square-foot facility marks the company’s expansion beyond mobile servicing into physical garage operations, offering comprehensive maintenance solutions for Indian car owners. The new garage combines Rosmerta’s existing doorstep services with in-facility repairs, providing… Continue reading Rosmerta Group Launches MyRaasta COCO Garage in Gurgaon, Expanding Automotive Service Portfolio
Renault Opens Design Centre in Chennai as Part of India Transformation Strategy
Renault India inaugurated a new design center in Chennai on Tuesday, marking the beginning of its ‘renault.rethink’ transformation strategy for the Indian market. The facility, spanning 1,500 square meters, is the company’s largest design center outside France. The center will focus on developing models tailored to Indian consumers while contributing to Renault’s global projects. Equipped… Continue reading Renault Opens Design Centre in Chennai as Part of India Transformation Strategy
Jindal Stainless Commissions Odisha’s Largest Captive Solar Plant
Jindal Stainless and AB Energia Solutions have completed installation of Odisha’s largest captive industrial solar energy plant at Jindal’s manufacturing facility in Jajpur. The 30 MWp capacity installation combines a 7.324 MWp floating solar system on an internal reservoir with a 23.02 MWp rooftop installation spread across ten industrial buildings. The facility is expected to… Continue reading Jindal Stainless Commissions Odisha’s Largest Captive Solar Plant
iGowise and Patnaik Energy Group to Deploy 5,000 Portable EV Power Banks
Deep-tech mobility startup iGowise has partnered with Patnaik Energy Group to deploy 5,000 portable power banks for electric vehicles and other equipment over the next 24 months, backed by $1 million in seed funding. The initiative will initially focus on Hyderabad and Bangalore, targeting high-rise residential buildings and commercial zones. The portable power banks will… Continue reading iGowise and Patnaik Energy Group to Deploy 5,000 Portable EV Power Banks