Hyundai Starts Engine Production at Talegaon Plant

By BPN News Desk June 17, 2025

Business Industry

Hyundai Motor India Ltd (HMIL) has officially commenced engine production at its Talegaon manufacturing facility in Maharashtra, marking a significant milestone in the company’s ₹6,000 crore investment plan to expand its footprint in the Indian automotive market. The engine assembly line went

Automobile Electric Vehicles

Hyundai Localizes Over 1,200 Components for EV Expansion

By BPN News Desk January 23, 2025

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 government’s ‘Make in India’ initiative. “Localized Manufacturing for a

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