First Israeli auto firm to setup manufacturing unit in India

21 May 2024 CW Team

EVR Motors, an Israeli pioneer in high power-density electric motors, has unveiled its latest endeavour with the inauguration of a cutting-edge plant in Manesar, Haryana, through its subsidiary, I.EVR Motors. This establishment signifies a momentous achievement as the premier manufacturing facility in India for an Israeli automotive entity, pivotal to the company's global production blueprint.

The Manesar facility is primed to manufacture trapezoidal geometry coils, a patented core component of EVR's Trapezoidal Stator Radial Flux Permanent Magnet (RFPM) motor technology. These coils are integral to EVR's electric motors, renowned for their compactness, reduced weight, and cost efficiency, while retaining the adaptability to address a diverse array of customer requirements.

Leveraging advanced automation, the Manesar plant is initially geared to produce coils for approximately 20,000 motors monthly, with provisions for expansion to cater to burgeoning global demand for electric vehicles (EVs), targeting an output of around 100,000 motors.

EVR has solidified commercial partnerships with prominent Indian automotive entities like Napino, Belrise Group, EKA Mobility, and RSB Transmissions, bolstering the supply chain and fortifying EVR's capacity to serve both domestic and international markets.

"The inauguration of our Manesar facility is a significant milestone in our quest to redefine electric mobility through cutting-edge motor technologies. By establishing this plant, we ensure a robust supply chain and bolster our growth trajectory in India and beyond. This endeavour epitomises the synergy between India and Israel in business and encapsulates our vision of 'Make in India for the world.' Our greenfield investment underscores our confidence in the Indian market and belief in its burgeoning mobility landscape," remarked Sajal Kishore, Managing Director of I.EVR Motors. (Source: India Today)

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..