Hindalco Delivers 10,000 Aluminium Battery Enclosures to Mahindra

28 Apr 2025 CW Team

Hindalco Industries Ltd has successfully delivered 10,000 aluminium battery enclosures for Mahindra’s new electric SUVs, BE 6 and XEV 9e. The delivery marks a significant step in India’s clean mobility journey. Hindalco also inaugurated its state-of-the-art EV component manufacturing facility at Chakan, Maharashtra.

Built with an investment of Rs five billion across five acres, the Chakan facility has a current capacity of 80,000 battery enclosures annually, with plans to double to 160,000 units. Over 3,000 Mahindra EVs using Hindalco's aluminium battery packs are already operating on Indian roads.

The battery enclosures offer up to 40 per cent weight reduction compared to traditional steel designs, leading to an 8–10 per cent improvement in vehicle driving range, better crash safety, and superior thermal management. The enclosures are manufactured using low-carbon aluminium, reinforcing Hindalco’s focus on sustainability.

The Chakan plant, expected to generate up to 1,000 jobs, is notable for its nearly all-women operator workforce, promoting inclusivity in manufacturing. Hindalco plans to expand its aluminium solutions to other Indian and global original equipment manufacturers (OEMs), covering structural and crash-relevant parts for electric and internal combustion vehicles.

Source: Press Release, April 25, 2025

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..