Over 1.47 lakh PMAY-G beneficiaries to get Rs 700 cr from PM Modi

Omega Seiki To Invest $25m In Dubai EV Assembly Plant

Omega Seiki Mobility (OSM) will invest USD 25 million (AED 92 million) over the next five years in its new international electric vehicle assembly plant at Jafza, Dubai. The facility, launched on Wednesday, spans 42,000 sq. ft and will handle assembly of OSM’s two- and three-wheeler EVs as well as the storage and distribution of auto components and spare parts.Assembly operations are expected to begin by the end of 2025. Strategically located to serve Middle Eastern and African markets, the plant will create over 100 jobs in its initial phase and further strengthen clean-technology trade tie..

JK Cement Launches JK Super Cement In Kashmir

JK Cement Ltd, through its subsidiary Saifco Cements Pvt Ltd, has launched its flagship brand JK Super Cement in Kashmir, marking a key milestone in the company’s expansion strategy. The move follows JK Cement’s recent acquisition in the region and reflects its ambition to support infrastructure and economic growth in Jammu & Kashmir.JK Super Cement, known for its superior strength and durability, will now be manufactured locally and distributed across major districts including Baramulla, Kupwara, Bandipore, Srinagar, Budgam, Ganderbal, Anantnag, Kulgam, Shopian and Pulwama. The initia..

Mahindra To Export EVs To UK After India-UK Trade Deal

Mahindra & Mahindra plans to export its electric vehicles (EVs) to the United Kingdom, capitalising on new trade opportunities following the finalisation of the India–UK free trade agreement. Group CEO and Managing Director Anish Shah said the move will strengthen Mahindra’s global footprint and leverage its strong position in India’s EV market, where the company expects electric vehicles to account for 30 per cent of overall sales by 2030.The Mumbai-based automaker set up Mahindra Advanced Design Europe (M.A.D.E) in Banbury, Oxfordshire, in 2022 as a conceptual hub for its electric ..