Goyal Aluminiums plans to set up EV plant in UP

30 Mar 2023 CW Team

Goyal Aluminiums intends to spend 2000 million to build an EV manufacturing facility in Uttar Pradesh. The Greater Noida Industrial Development Authority (GNIDA) has given the company 4,000 square metres of land to use for the project.

A business official told PTI on Wednesday that "Goyal Aluminiums is preparing to set up a new electric car manufacturing unit with an investment of Rs 200 crore."

The business has announced its entry into the electric vehicle market through its newly formed partnership Wroley E India.

"Scooters with low speeds and electricity will only be made for the domestic market. The Central Institute of Road Transport (CIRT) has already given the company the go-ahead to introduce the first high-speed electric scooter in April of this year "added the spokeswoman.

Plot 283 in GNIDA's industrial area, approximately 4,000 square metres, has been given to the business on a 90-year lease. By 2024, the company aims to have 150 dealers working in the EV market.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..