In a significant move within the Indian automotive industry, Maruti Suzuki India, the country’s leading car manufacturer, announced plans to issue shares valued at Rs 12,841 crore (approximately $1.54 billion).

Strong demand remained the main driver of manufacturing activity in India even as industrial activity expanded at the slowest rate in five months in September, according to figures from a private poll released on Tuesday.

Ashok Leyland struck a deal with the Uttar Pradesh (UP) government on Friday to establish an integrated bus manufacturing factory.

The cooperation between Hindalco Industries Ltd and Metra SpA is a critical step in bringing world-class technology to the region.

Apple Inc. intends to make the India-built iPhone 15 accessible in the South Asian country and certain other locations on the first day of worldwide sales.

Tesla’s (TSLA.O) Dojo supercomputer could propel a spike in the market value of the automaker of up to $600 billion, according to Morgan Stanley analysts.

Shein is the world’s largest fashion retailer as of 2022. Founded in 2008 by Chinese entrepreneur Chris Xu, Shien initially was not involved in manufacturing but in 2012 the company established its own manufacturing unit and supply chain.

Maruti Suzuki, one of India’s car manufacturers has announced its intention to invest Rs 45,000 crore in expanding its production capacity.

Royal Philips announced on Tuesday that it will produce more personal health products in India as a result of increasing production at its co-manufacturing facility in Baddi, Himachal Pradesh, which will now also produce mother and child products in addition to the beauty and grooming items already produced there.

Maruti Company chairman Bhargava informed shareholders that the ‘Maruti 3.0 capacity development plan will focus on diverse power trains such as electric and hybrid cars, compressed natural gas (CNG), and ethanol.

Only a few weeks after they begin shipping from Chinese manufacturers, Foxconn Technology Group’s Sriperumbudur facility is getting ready to supply the newest smartphones, according to a report.

IBC has formed a partnership, with the Karnataka government committing an investment of Rs 8,000 crore ($971.89 million) towards a battery manufacturing project covering 100 acres of land.