Kolkata headquartered Ram Krishna Forgings Limited (RKFL) has become India’s second largest forging company supplying parts and machined components. It supplies parts to sectors from automobiles to railways, farm equipment to oil and gas and power, among others. It is a family run business that was founded in 1981. Third-generation entrepreneur, 27-year-old Chaitanya Jalan, is… Continue reading RKFL to Raise Steel Casting Capacity to 120,000 tonne
Author: Autocar_Professional India Online News
Škoda Auto Volkswagen India Rolls Out 500,000th Engine from Chakan Plant
Škoda Auto Volkswagen India achieved a manufacturing milestone with the production of 500,000 locally-manufactured engines at itsChakan facility in Pune. This achievement underscores the company’s commitment to India’s ‘Make in India’ initiative, while strengthening the country’s position as a key manufacturing and export hub for the Volkswagen Group, it said in a release. The 500,000th… Continue reading Škoda Auto Volkswagen India Rolls Out 500,000th Engine from Chakan Plant
Montra Electric Expands with First e-SCV Dealership in Tamil Nadu
Montra Electric’s e-SCV division, TIVOLT Electric Vehicles Private Limited, inaugurated its first electric small commercial vehicle dealership in Madhavaram, Chennai on March 17, 2025. This represents the company’s first e-SCV dealership in Tamil Nadu and South India, strengthening its market presence in the region. The dealership operates as a 3S facility (Sales, Service, Spares and… Continue reading Montra Electric Expands with First e-SCV Dealership in Tamil Nadu
ZAPL Rebrands Lohia Auto to Youdha in Strategic Electric Vehicle Market Repositioning
ZAPL, the parent company of Lohia Auto, has launched Youdha as part of a strategic transformation to position itself in the mass-market electric vehicle segment while maintaining Lohia Auto as its premium brand offering. The company announced the rebranding on March 17, 2025, in New Delhi, describing it as a transition from “legacy to leadership”… Continue reading ZAPL Rebrands Lohia Auto to Youdha in Strategic Electric Vehicle Market Repositioning
Manba Finance Partners with Three Companies to Expand Vehicle Financing and EV Adoption
Manba Finance Limited announced strategic partnerships with three companies today to expand its vehicle financing operations, particularly in the electric vehicle sector, and extend its reach into new markets. The non-banking financial company has joined forces with electric scooter manufacturer BGauss Auto, rural financial services provider Fin Coopers Capital, and digital financing platform ProsParity. “These… Continue reading Manba Finance Partners with Three Companies to Expand Vehicle Financing and EV Adoption
PURE Set to Enter Energy Storage Market with New Product Line
PUR Energy (PURE), a leading player in India’s energy storage and electric mobility sectors, has announced plans to launch a new product line called PuREPower on March 25, 2025, in Hyderabad. The company will showcase its latest innovations in energy storage technology during an exclusive event at HICC Novotel. The PuREPower product line aims to… Continue reading PURE Set to Enter Energy Storage Market with New Product Line
Ecofuel Certifies 22 Car Models Under BS 6 Emission Norms
Eco Fuel Systems has secured certification for 22 car models under the Bharat Stage VI emission norms, the company announced Monday. The Mumbai-based firm, which specializes in CNG and LPG vehicle conversion technology, has converted approximately one million vehicles and supplied over 400,000 sequential kits across India since its founding in 2003. “Our mission has… Continue reading Ecofuel Certifies 22 Car Models Under BS 6 Emission Norms
Erisha E Mobility Secures $1 Billion Investment from UAE Investor
Erisha E Mobility Private Limited, a venture under Rana Group, has secured a $1 billion investment from a UAE-based investor to expand its operations globally, the company announced Monday. The investment will fund Erisha’s expansion into the UAE, Saudi Arabia, USA, Europe, and several African nations, while strengthening its existing business in India. The capital… Continue reading Erisha E Mobility Secures $1 Billion Investment from UAE Investor
Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Poonawalla Fincorp Limited (PFL), a non-banking finance company promoted by the Cyrus Poonawalla Group, announced on Monday the launch of its Commercial Vehicle (CV) Secured Loan Business, expanding its product portfolio into the transportation financing sector. The new offering will provide loans for Small, Light, and Intermediate & Heavy Commercial Vehicles from all major manufacturers,… Continue reading Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Mahindra Unveils XUV700 Ebony Limited Edition in India
Mahindra & Mahindra Ltd. has introduced the XUV700 Ebony Limited Edition in India, featuring a distinctive black-and-silver aesthetic. Launched on March 17, 2025, the new variant is priced from ₹19.64 lakh (ex-showroom) and builds upon the standard XUV700 with specialized design elements. The Ebony Edition comes with a Stealth black exterior complemented by brushed silver… Continue reading Mahindra Unveils XUV700 Ebony Limited Edition in India