Henkel Adhesive Technologies, in collaboration with a logistics provider and an EV retrofitting partner, has flagged off India’s first mid-haul re-powered electric truck operations for commercial logistics. The initiative was launched to advance sustainable freight movement between major industrial corridors. The pilot covers two initial routes: Chennai to Pune (1,321 km) and Pune to Halol… Continue reading Henkel India Initiates Mid-Haul Electric Truck Operations for Commercial Logistics
Author: Autocar_Professional India Online News
Kotak Mahindra Prime Becomes Tesla’s First Preferred Financer in India
Kotak Mahindra Prime Limited (KMPL) has been appointed as Tesla’s first preferred financer in India, enabling customers to access specially curated financing schemes for Tesla electric vehicles through the company’s India portal and mobile application. The partnership makes KMPL the first among financers to receive preferred status with Tesla in India. Customers will be able… Continue reading Kotak Mahindra Prime Becomes Tesla’s First Preferred Financer in India
Hilti India Named Among Best Large Workplaces by Great Place to Work
Hilti India has been recognised as one of India’s Best Companies to Work For in 2025 in the Large Organizations category by Great Place to Work (GPTW). This marks the company’s eighth consecutive GPTW certification. The shift from the mid-size category to large organizations in 2025 highlights Hilti India’s continued expansion in the country. The… Continue reading Hilti India Named Among Best Large Workplaces by Great Place to Work
IFC Invests $20 Million in Transvolt Mobility to Support EV Expansion in India
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $20 million equity investment in Transvolt Mobility Private Limited, an Indian electric mobility company. This forms part of Transvolt’s ongoing $50 million funding round. This marks IFC’s first equity investment in an electric vehicle (EV) fleet platform, both in India… Continue reading IFC Invests $20 Million in Transvolt Mobility to Support EV Expansion in India
Bajaj Auto Credit Gets Board Approval for ₹8,750 Crore Debt Fundraising Plan
Bajaj Auto Credit Limited, a wholly-owned subsidiary of Bajaj Auto Limited, has received board approval to raise up to ₹8,750 crores through various debt instruments. The board of directors approved the fundraising plan during their meeting held on July 17, 2025. The approved fundraising comprises three components: fresh issuance of Non-Convertible Debentures (NCDs) up to… Continue reading Bajaj Auto Credit Gets Board Approval for ₹8,750 Crore Debt Fundraising Plan
Tata Motors Establishes Foundation for Corporate Social Responsibility Activities
Tata Motors Limited has incorporated a new subsidiary called Tata Motors Foundation, a not-for-profit company registered under Section 8 of the Companies Act, 2013. The company received its Certificate of Incorporation from the Central Registration Centre, Ministry of Corporate Affairs on July 17, 2025. The foundation has been established with an authorized share capital of… Continue reading Tata Motors Establishes Foundation for Corporate Social Responsibility Activities
Replacement Demand to Power 7-8% Growth in Tyre Sector: Crisil Ratings
India’s tyre industry is expected to post a steady 7-8% revenue growth in FY26, buoyed largely by the replacement market which accounts for nearly half of total sales, according to Crisil Ratings. The sector’s growth comes even as OEM demand remains tepid and exports stable amid rising trade risks. The replacement segment is projected to… Continue reading Replacement Demand to Power 7-8% Growth in Tyre Sector: Crisil Ratings
Ecoreco Expands E-Waste Recycling Capacity by 18,000 MTPA
Eco Recycling Limited (Ecoreco) has completed a capacity expansion of 18,000 metric tonnes per annum (MTPA) for e-waste recycling at its facility in Vasai, near Mumbai. The company has also established a dedicated 6,000 MTPA facility for processing lithium-ion batteries within a 40,000 square feet industrial complex. The expansion has been funded entirely through internal… Continue reading Ecoreco Expands E-Waste Recycling Capacity by 18,000 MTPA
Tata Motors rolls out 600,000th Punch 45 months after launch, sells 589,253 units
Launched on October 21, 2021, the Tata Punch compact SUV has registered its latest production landmark. On July 17, 2025, the 600,000th Punch rolled out of the company’s Pune plant – 44 months and 27 days – after the company had first produced its second compact SUV after the Nexon. Tata Motors had rolled… Continue reading Tata Motors rolls out 600,000th Punch 45 months after launch, sells 589,253 units
CEAT Board Approves Rs 450 Crore Expansion to Boost PCUV Tyre Capacity at Chennai Plant
The Board of Directors of CEAT Ltd, an RPG Group company and one of India’s leading tyre manufacturers, on Thursday unanimously approved a proposed capital expenditure of approximately Rs. 450 Crores for its Chennai Plant located at Kancheepuram in Tamil Nadu. This substantial investment aims to increase the plant’s Passenger Car and Utility Vehicle (PCUV)… Continue reading CEAT Board Approves Rs 450 Crore Expansion to Boost PCUV Tyre Capacity at Chennai Plant