CEAT OHT Lanka (Private) Limited has formalized a $171 million investment agreement with the Board of Investment of Sri Lanka (BOI), marking one of the largest recent investments by an Indian company in Sri Lanka’s manufacturing sector. The agreement follows CEAT Limited’s acquisition of Michelin Group’s Construction Compact Line Business, which includes the Midigama plant… Continue reading CEAT OHT Lanka Finalizes $171 Million Investment Agreement with Sri Lanka’s Board of Investment
Category: US Motoring Press
Maharashtra Extends EV Toll Exemption on Atal Setu from August 21
The Government of Maharashtra has announced a partial modification to its earlier toll policy on the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu and its approach roads, granting toll exemptions to certain categories of electric vehicles effective August 21, 2025. The decision, issued by the Urban Development Department under Government Notification No. MRD-3325/C.R.123/UD-7, extends the… Continue reading Maharashtra Extends EV Toll Exemption on Atal Setu from August 21
Citroën Announces Pre-Bookings for New Basalt X Range in India
Citroën India has officially opened pre-bookings for its upcoming Basalt X range, marking a key milestone in the brand’s 2.0 strategy, “Shift into the New.” The pre-bookings are now available across Citroën dealerships nationwide and via the official Citroën India website, with an initial booking amount of Rs 11,000. The new Basalt X range is… Continue reading Citroën Announces Pre-Bookings for New Basalt X Range in India
Mahindra’s R Velusamy on NU.IQ: ‘We Wanted to Start with a Clean Slate’
Homegrown SUV major Mahindra & Mahindra (M&M), which showcased its range of upcoming models on an all-new platform, is betting big on the future opportunities from the compact SUV segment in the Indian passenger vehicle market. Transitioning from its body-on-frame expertise, the company unravelled its brand-new monocoque architecture – NU.IQ – which boasts of a… Continue reading Mahindra’s R Velusamy on NU.IQ: ‘We Wanted to Start with a Clean Slate’
Honeywell India celebrates Women in Strategic Business Roles
Honeywell India hosted its LeadHERs in Commercial event at the company’s Gurgaon campus earlier today. The event brought together bringing together over 100 women professionals from diverse fields including sales, marketing, supply chain, finance, and customer-facing roles. The theme for this year’s event was “Breaking Barriers, Building Business.” where it spotlighted women driving transformation in… Continue reading Honeywell India celebrates Women in Strategic Business Roles
BMW group delivers over 5,000 electric vehicles in India
BMW Group India has delivered over 5,000 electric vehicles in the country. The number includes all-electric two and four wheelers spread across three brands, BMW, BMW Motorrad and Mini. BMW Group India’s electric vehicle line-up includes models like the BMW i7, iX, i5, i4, iX1 Long Wheelbase, MINI Countryman E, BMW CE 04 and CE… Continue reading BMW group delivers over 5,000 electric vehicles in India
Bajaj Chetak Scooter Deliveries Resume As Rare Earth Magnet Shortage Eases
Bajaj Auto announced on Friday that it has restored full production capacity for its Chetak electric scooter following the resolution of supply constraints related to rare earth magnets and other critical components. The company confirmed that production and deliveries resumed on August 20, ensuring adequate inventory for the upcoming festive season. The automotive manufacturer had… Continue reading Bajaj Chetak Scooter Deliveries Resume As Rare Earth Magnet Shortage Eases
Bajaj Chetak Scooter Deliveries Resume As Rare Earth Magnet Shortage Eases
Bajaj Auto announced on Friday that it has restored full production capacity for its Chetak electric scooter following the resolution of supply constraints related to rare earth magnets and other critical components. The company confirmed that production and deliveries resumed on August 20, ensuring adequate inventory for the upcoming festive season. The automotive manufacturer had… Continue reading Bajaj Chetak Scooter Deliveries Resume As Rare Earth Magnet Shortage Eases
Hyundai Exter Pro Pack launched; prices start from Rs 7.98 Lakh
Hyundai Exter Pro Pack has been launched from Rs 7.98 lakh (ex-showroom). The Exter Pro Pack gets cosmetic upgrades, more features and a new exterior paint shade. As part of the new Pro Pack, the Exter gets additional plastic cladding along the wheel arches. Additionally, there’s a new faux side skid plate as well that… Continue reading Hyundai Exter Pro Pack launched; prices start from Rs 7.98 Lakh
Student Engineers Fuel their Industry Dreams at SUPRA SAEINDIA 2025
Even after heavy showers, the Buddh International Circuit buzzed with more than engine noise. SUPRA SAEINDIA 2025 had returned, louder, and more ambitious than ever. This wasn’t just a student competition. For over 50 teams from engineering colleges across the country, it was a practical ground and a launchpad for those looking for great placements… Continue reading Student Engineers Fuel their Industry Dreams at SUPRA SAEINDIA 2025