Hyundai to invest Rs 20,000 crore to Tamil Nadu's EV development

15 May 2023 CW Team

In order to grow its electric vehicle (EV) ecosystem, Hyundai Motor India Limited (HMIL) has announced fresh long-term investment plans in the state of Tamil Nadu. According to a statement issued by the firm, it will invest Rs 200 billion gradually over a ten-year period (2023–2022) to further advance the development of electric vehicles and modernize vehicle platforms.

In the presence of M K Stalin, Hon'ble Chief Minister of Tamil Nadu, Thangam Thennarasu, Minister for Finance, T. R. B. Rajaa, Minister for Industries, Investment Promotion and Commerce, Krishnan S, I.A.S., Additional Chief Secretary, Industries, Investment Promotion and Commerce, Government of Tamil Nadu, and other individuals, Unsoo Kim, MD & CEO, Hyundai Motor India Limited, and V Vishnu, I.A.S., MD

Hyundai will implement the idea by constructing a cutting-edge battery pack assembly facility with a yearly capacity to build 1,78,000 batteries. Additionally, during a five-year period, the business intends to add 100 EV charging stations at strategic sites along major roadways. There will be 85 Single Fast Charging Stations (DC 60 KW), 10 Single Fast Charging Stations (DC 150 KW), and five Dual Ultra-Fast Charging Stations (DC 150 KW + DC 60 KW).

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..