BMW prices its electric and petrol flagships identically at INR 1.95 crore
The BMW 740 M Sport and the i7 eDrive50 both cost INR 1.95 crore ex-showroom. India is now the only country besides Germany where the i7 is built.
Manufacturing
THEME
Vedanta puts INR 21,000 crore of FY26 metals spending under an EV heading
Vedanta has framed more than INR 21,000 crore of FY26 metals spending as support for India's electric vehicle chain. The figure aggregates existing projects, and two metals cited saw output fall.
Gestamp invests INR 523.7 crore in a Gujarat plant as global vehicle output slows
The Spanish auto components maker has inaugurated its fifth Indian plant at Bhagapura in Gujarat, with two hot-stamping lines and about 240 employees, while cutting capital spending elsewhere.
Shivtek Spechemi to add 14,000 tonnes of chlorinated paraffins capacity at Kurnool
Specialty chemicals maker Shivtek Spechemi Industries will invest INR 15 crore adding 14,000 tonnes of chlorinated paraffins capacity at its Kurnool plant in Andhra Pradesh
Indian manufacturing on track for USD 2.7 trillion by 2047
A report based on research across more than 130 manufacturers finds India will fall well short of its 2047 manufacturing goal, with workforce productivity the biggest available lever.
Wadi Surgicals begins domestic production of black nitrile gloves for foodservice
Production has started at about 60 lakh gloves a month, with plans to double, for a category served largely by imports. Pricing and investment were not disclosed.
Mahindra moves on first 800 acres for its largest plant
The 1,500-acre Nagpur facility will have capacity for over 5 lakh vehicles and 1 lakh tractors a year. Mahindra has not disclosed the investment, the commissioning timeline or direct employment.
Gradiant to double Coimbatore engineering headcount to over 200
The water treatment company is expanding its Coimbatore engineering centre to more than 200 staff, taking on design work for international projects. Investment was not disclosed.
Rane (Madras) closes INR 370 crore friction deal
The acquired business generated INR 315.04 crore of revenue and 84 percent of Hindustan Composites’ turnover in FY2026. Rane paid about 1.2 times sales and expects the deal to add to earnings immediately.
Vedanta Aluminium launches IIT Delhi-developed alloy for carmaker’s
Automotive-grade alloys launched by Vedanta Aluminium at AutoEdge 2026 conclave.
Hisense targets 50% India revenue growth to USD 150 million this year
Hisense India is targeting growth from USD 100 million to USD 150 million by CY26, offline channels are expected to contribute nearly 70% of business this year, and its first Indian plant at Sri City, Andhra Pradesh, opened February 2026 and is making washing machines and air conditioners.
One Line, Two Wins
Jai Raj Ispat made a technology bet to compete with Steel producing giants in India by being better rather than bigger, focusing on quality and cost as a strategy.
Yokohama extends premium-SUV tyre range to crossovers
Yokohama India has launched the GEOLANDAR X-CV, extending its premium luxury SUV tyre technology to crossover SUVs from 16-inch size onwards.
Michelin Primacy 5 India debut
Michelin's first passenger car tyre made in India
Vega Auto's AXOR makes local visors
Axor, Vega Auto owned premium helmet brand manufactures locally produced optical-coated helmet visors
Texmaco brings in US-based TrinityRail to scale railcar leasing in India
Texmaco Rail & Engineering, TrinityRail and Touax plan to invest about INR 1,800 crore in 100 new rakes over the next three to five years
Andhra signs UAE food-processing pact, with a INR 100 crore first project in Chittoor
Andhra Pradesh has signed a memorandum of understanding with the UAE Food Cluster to draw Emirati investment into food processing and horticulture exports, with Dubai-based Flour Masters International committing INR 100 crore for the first unit, a food-processing facility at Gangadhara Nellore in Chittoor district.
The pact, traced