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  • In discussions with potential local partner: Skoda Auto Volkswagen India

    Earlier this year, Skoda Auto Chairman of the Board of Management Klaus Zellmer stated that the company is looking to collaborate with an Indian partner in order to grow its presence in the country.

  • Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

    Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

    Bajaj Auto ramped up its repertoire of premium brands, which includes KTM and Dominar, partnering with British bike-maker Triumph. It launched two locally made bikes under the partnership in July last year.

  • Mercedes India introduces EQS 580 electric car at Rs 1.55 crore

    Mercedes India introduces EQS 580 electric car at Rs 1.55 crore

    The German carmaker claims the EQS 580, its first made-in-India luxury electric car, gives a range of around 857 kms (as per ARAI), which would make it the longest-ranged EV in the country.

  • Gensol Engineering dilutes 10% stake to raise Rs 140 Crore for its EV manufacturing project

    Gensol Engineering dilutes 10% stake to raise Rs 140 Crore for its EV manufacturing project

    The renewable energy solutions company plans to make 14,400 electric cars annually at the proposed facility in Chakan, Pune. It will also use the proceeds to grow its solar EPC business.

  • The women behind Bajaj Auto's wheels

    The women behind Bajaj Auto's wheels

    Bajaj Auto's Chakan plant has a unique feature - it has women only assembly lines and these women make some of the most powerful motorcycles in the country. CNBC-TV18's Priya Sheth travels to Chakan to speak to the women behind the wheels.

  • Educational institutes boost Pune‘s residential market

    Educational institutes boost Pune‘s residential market

    Pune is hailed as an educational hub, which attracts students not only from different parts of Maharashtra, but also from all over the country and abroad. The city is home to several prestigious institutes, &#82

  • What women want…from Budget 2017, for buying homes

    What women want…from Budget 2017, for buying homes

    Disha Kansara Chawla Senior executive search professional, Mumbai Many average Indians now own two houses – one to live in and one through which they earn retirement benefits. It is very difficult to buy &#82

  • Japanese tech major Horiba opens Rs 100 cr centre in Chakan

    Japanese tech major Horiba opens Rs 100 cr centre in Chakan

    Inaugurating the centre, Maharashtra Chief Minister Devendra Fadnavis said the facility will offer automotive testing, product customisation workshop and assembly, and urged the company to set up its second manufacturing facility in Nagpur and a technical centre in Aurangabad.

  • Pune international airport to come up at Purandar

    Pune international airport to come up at Purandar

    The Maharashtra government, on October 6, 2016, gave a go-ahead for carrying out a detailed project report (DPR) for the greenfield international airport, which will come in Purandar tehsil of Pune district. The proposed &#82

  • Kohinoor Group-Pune to invest Rs 300 cr in logistics parks

    Kohinoor Group-Pune to invest Rs 300 cr in logistics parks

    "We are setting up two logistics parks in Chakan and Ranjangaon in Maharashtra. The Rs 600 crore projects will be funded through 50:50 JV and we will invest around Rs 300 crore in the said project," KDC Joint Managing Director Vineet Goyal told reporters here.

  • Will KTMs new model launches be a bright spot for Bajaj

    Will KTMs new model launches be a bright spot for Bajaj

    The new generation KTM bikes, which are proposed to be developed on new platforms and engines will be manufactured at Bajaj‘s manufacturing facility at Chakan in Pune.

  • Mahindra Auto Steel opens processing unit in Maha

    Mahindra Auto Steel opens processing unit in Maha

    This is Mahindra's seventh steel processing facility and the third in the Pune region. The raw stock for the facility would be imported from China Steel Global, Taiwan as well as sourced locally

  • 'GM to shut its Guj project, invest Rs 6,400 crore in Pune'

    'GM to shut its Guj project, invest Rs 6,400 crore in Pune'

    The Maharashtra government on Thursday said that automobile giant General Motors has decided to invest Rs 6,400 crore for the expansion of its existing plant in Pune and close down its project in the neighbouring Gujarat state.

  • Maharashtra woos foreign cos, to allot land

    Maharashtra woos foreign cos, to allot land

    "Foreign investors are eager to invest in various sectors in the state after being convinced of the change in culture and ease of doing business," Industries Minister Subhash Desai said.

  • Capacity expansions to be future ready, says Mercedes CMD

    Capacity expansions to be future ready, says Mercedes CMD

    Mercedes became the first luxury car maker in India to expand its production capacity to 20,000 units.

  • New plant soon, see April bike sales at 1.70 lk/unit: Bajaj

    New plant soon, see April bike sales at 1.70 lk/unit: Bajaj

    In an interview to CNBC-TV18, Rajiv Bajaj, MD, Bajaj Auto, said there has been a visible improvement in demand and that the existing capacity at Chakan may fall short in 12-18 months.

  • PM opens GE's multi-modal manufacturing facility at Chakan

    PM opens GE's multi-modal manufacturing facility at Chakan

    Spread over 68 acres in MIDC Industrial Park at Chakan II, the facility will generate over 1,500 jobs and support the growth of local businesses, many of whom will be SME suppliers, the company said. The company did not divulge the investment details.

  • Could save 15-20% cost by localising in India: Volkswagen

    Could save 15-20% cost by localising in India: Volkswagen

    German carmaker Volkswagen inaugurated Tuesday its new diesel engine assembly plant in Chakan, Pune. Built over 11 months at a cost of Rs 240 crore, the plant spans 3,450 square meters and is part of the existing factory premises.

  • Doubling capacity at Chakan; expanding brand: Mercedes

    Doubling capacity at Chakan; expanding brand: Mercedes

    Eberhard Kern, MD & CEO, Mercedes-Benz, says the new CLA will be launched very early next year. It will be the first launch in 2015.

  • Mahindra plans to launch three new vehicles in 2015

    Mahindra plans to launch three new vehicles in 2015

    In the two-wheeler segment, the firm that is in the process of acquiring 51 percent stake in Peugeot Motocycles for 28 million euros, is eyeing various global markets besides India to launch the French firm's products.

  • Chinese truck maker Foton plans to pump Rs 3000cr in India

    Chinese truck maker Foton plans to pump Rs 3000cr in India

    An MoU is expected to be signed for this industrial park, which would come up in Chakan, Maharashtra. Foton plans to invest Rs 3000 crore in phases.

  • KTM, Bajaj launch superbikes RC200, RC390

    KTM, Bajaj launch superbikes RC200, RC390

    There‘s good news for bike enthusiasts. Europe‘s largest motorcycle brand KTM, through its Indian partner Bajaj Auto, On Tuesday announced the launch of the highly anticipated KTM RC series of supersport motorcycles for India.

  • 4 auto manufacturers to invest Rs 11,510 cr in Maharashtra

    4 auto manufacturers to invest Rs 11,510 cr in Maharashtra

    MOUs point to a commitment of Rs 1,510 crores from Volkswagen, Rs 4,000 crores from Tata Motors, Rs 4,000 crores from M&M, and Rs 2,000 crores from Bajaj Auto

  • New Mercedes-Benz S-Class gets Rs 21 lakh cheaper

    New Mercedes-Benz S-Class gets Rs 21 lakh cheaper

    New Mercedes-Benz S-Class gets Rs 21 lakh cheaper as local assembly starts in India, now available at Rs 1.36 crore (ex-showroom, Mumbai).

  • Mercedes starts local assembly of S-Class in India

    Mercedes starts local assembly of S-Class in India

    The locally-produced top-end model S 500 will be priced at Rs 1.39 crore (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune.

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