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Murugappa Group arm-led JV to invest INR 7,600 cr to build OSAT facility in Gujarat – ET Auto

Baua Electric

New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. The JV plans to invest INR 7,600 crore in five years. The JV will be 92.3%

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

HOW THE TOP TWO-WHEELER EXPORTERS ARE FARING Bajaj Auto , the export market leader, whose FY2024 exports at 14,77,338 units were down 10% YoY, has opened FY2025 on a good note. In FY2024, the company, which is India’s second largest two-wheeler exporter after Bajaj Auto, shipped 887,774 units to overseas markets in FY2024.

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

Now they’re ramping up production and building a fleet of gigantic auto-carrier ships—it certainly appears that they’re planning to flood the global market (they’re exporting gas-burners too). But neither this nor the Inflation Reduction Act ’s generous subsidies for domestic EV production are likely to keep the invaders out for long.