iVoomi Energy, one of the fastest-growing EV companies in India, announced its expansion plans by investing Rs 200cr towards Research & Development (R&D) and setting up a brand new manufacturing facility in Pune, Maharashtra.
Additionally, after setting up a manufacturing plant in Pune, this will be the fourth manufacturing unit of the company in the country. The new manufacturing facility will be a fully-integrated electric two-wheeler plant that will be operational from March 2023. As a result, the company will also generate local employment, and will provide jobs to more than 2,000 people. The investment will increase the facility's production capability by 60,000 plus units, taking the production number from 1,80,000 units a year to 2,40,000 units a year. The company aims to roll out more than 2,00,000 units by the end of FY 2023.
Uno Minda, a leading Tier 1 supplier of automotive solutions to Original Equipment Manufacturers (OEMs), in its latest product offerings, has introduced a promising range of new car care product lines...
Ignyte Helmets, the premium brand of Steelbird Hi-Tech India Ltd., one of the world’s largest helmet manufacturers, has announced the launch of the IGN-58, a cutting-edge open-face helmet that merges ...
Studds Accessories Ltd., the world’s largest two-wheeler helmet manufacturer by volume for calendar year 2024, announced the launch of “Vogue D1 Square”, the 1st graphic series of Studds Vogue helmet.