Tata Motors’ Global Expansion
ECONOMY & POLICY

Tata Motors’ Global Expansion

Tata Motors is set to acquire Iveco’s trucks and bus business for €3.8 billion in its biggest deal since Jaguar Land Rover. Executive Director Girish Wagh said the acquisition aligns complementary product portfolios and combines Tata’s frugal engineering with Iveco’s expertise in electrifica...

Tata Motors is set to acquire Iveco’s trucks and bus business for €3.8 billion in its biggest deal since Jaguar Land Rover. Executive Director Girish Wagh said the acquisition aligns complementary product portfolios and combines Tata’s frugal engineering with Iveco’s expertise in electrification, hydrogen, and ADAS. He added that the integration could unlock revenue synergies through cross-market opportunities—introducing Iveco products in India and Tata vehicles in Latin America. While Iveco will retain its brand and operations, Tata Motors plans to refinance the bridge loan through equity and internal accruals, with the deal expected to be earnings accretive from year two.

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Real Estate

Sumadhura To Invest Rs 6,000 Million In Telangana Industrial Park

Sumadhura Group, one of South India’s leading real estate developers, has signed a memorandum of understanding with the Government of Telangana at the Telangana Rising Global Summit 2025, held at Bharat Future City. The agreement aligns with the state’s long-term vision to become a USD 3 trillion economy by 2047 through sustained investment in manufacturing, infrastructure, logistics and advanced industries. Under the MoU, Sumadhura Group will invest Rs 6,000 million over a two-year period to develop a 100-acre Grade A+ Industrial Park in Telangana. The project is aimed at attracting glob..

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Equipment

Liebherr Dozers Power MXGP Latvia Track Preparation

Liebherr’s PR 716 crawler dozers played a crucial role in the preparation and upkeep of the MXGP of Latvia 2025 track, delivering reliable performance under wet and demanding conditions. With operating weights between 13,300 kg and 15,800 kg and a 97 kW (132 hp) engine, the machines were well suited to reshaping and maintaining the circuit throughout the event. The crawler dozers were instrumental in smoothing the track surface and managing moisture-related challenges, ensuring optimal riding conditions. Advanced features such as precise blade control and efficient fuel consumption helped m..

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Equipment

TIL Unveils Three Indigenous Lifts At EXCON 2025

TIL Limited, India’s material handling and infrastructure equipment manufacturer, has unveiled three fully indigenous products at EXCON 2025, the country’s flagship construction equipment exhibition held at the Bangalore International Exhibition Centre. The launches underscore TIL’s focus on engineering excellence, safety and Make in India manufacturing, as it positions itself as a comprehensive solutions provider for India’s infrastructure growth. EXCON 2025 brings together more than 1,200 exhibitors and thousands of industry professionals, offering a platform for TIL to showcase its..

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