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Hyundai Localizes Over 1,200 Components for EV Expansion

By BPN News Desk January 23, 2025
Automobile Electric Vehicles
Hyundai Motor India has announced a significant milestone in its electric vehicle (EV) manufacturing strategy by localizing over 1,200 components, including EV battery packs. This move underscores the company’s commitment to strengthening its presence in the Indian EV market while promoting the
Finance

Govt May Introduce Concessional Corporate Tax for New Manufacturing in Budget 2025-26

By BPN News Desk January 17, 2025
The Centre plans to offer a concessional corporate tax rate for new manufacturing units in Budget 2025-26 to boost investments and industrial growth.
Automobile

Hyundai to Equip Domestic Models with Made-in-India AGM Batteries

By BPN News Desk December 21, 2024
Hyundai Motor India has unveiled its plan to integrate made-in-India Absorbent Glass Mat (AGM) batteries into its domestic car models. This initiative underscores Hyundai’s commitment to promoting local manufacturing while enhancing the performance and sustainability of its vehicles in the Indian market. Supporting Local Manufacturing The AGM batteries, which will be

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