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Mahindra unveils new EV and battery assembly facility in Chakan

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Mahindra has opened a new manufacturing and battery assembly facility at its Chakan plant, dedicated to producing Electric Origin SUVs. The facility, powered entirely by renewable energy, operates as a water-positive unit within Mahindra’s Chakan manufacturing hub. This development is part of Mahindra’s Rs 45 billion investment from its Rs 160 billion FY22–FY27 investment cycle, which includes powertrain development, new product platforms, and expanded manufacturing capacity. The facility spans 88,000 square metres and features advanced…

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Chhattisgarh attracts Rs 151.84 billion investment for renewable energy

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Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects.  Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing, Rs 11.34 billion from Polymatech Electronics in semiconductors, and Rs 3 billion from Teleperformance for a BPO centre. The state…