Browsing Tag
Tamil Nadu
180 posts
Ultraviolette plans Rs 779cr Hosur factory as EV capacity jumps fivefold
Ultraviolette Automotive plans to invest ₹779 crore in a new Hosur factory with initial capacity for 250,000 electric two-wheelers annually, taking combined first-phase manufacturing capacity with Bengaluru to about 300,000 units as it prepares to move from premium motorcycles into higher-volume scooters.
September 15, 2026
Can Ultraviolette scale from premium motorcycles into a mass-market EV producer?
Ultraviolette Automotive plans to invest ₹779 crore over five years in a Hosur-area EV factory with initial capacity of 250,000 vehicles and infrastructure to scale to 500,000, as it prepares to move beyond premium motorcycles into scooters and higher-volume products.
September 13, 2026
MAHLE makes Coimbatore India’s first production base for EV e-compressors
MAHLE has started e-compressor production at Coimbatore after investing €7 million, reported at roughly ₹78 crore, with full capacity exceeding 300,000 units annually for Indian and international EV customers.
August 30, 2026
Tamil Nadu scraps $2.86bn Parandur airport plan and begins search for new Chennai site
Chief Minister C. Joseph Vijay has abandoned the proposed Parandur greenfield airport while acknowledging that Chennai still urgently needs additional aviation capacity.
August 25, 2026
Could NLC India’s Tamil Nadu land tender unlock up to 600 MW of solar capacity?
NLC India is seeking 1,500 acres of private land for utility-scale solar projects in Tamil Nadu, a requirement that implies around 300 MW of initial capacity and could potentially double under a green-shoe option.
August 22, 2026
What Tree of Life Kanadukathan reveals about Indian Hotels Company’s expansion strategy
Indian Hotels Company signs a 20-key Tree of Life hotel in Chettinad, expanding its Tamil Nadu heritage tourism pipeline. Read the analysis.
July 22, 2026
Why Hical Technologies’ 160,000 sq ft Hosur factory is more than a capacity expansion
Hical Technologies is building a 160,000 sq ft aerospace facility in Hosur, but certification, customer approvals and utilisation will decide its payoff.
July 22, 2026
Vietnam boat capsizing kills 15 Indian tourists near Phu Quoc as 21 survive
A tourist speedboat carrying 32 Indian visitors capsized close to Vietnam’s Phu Quoc Island on July 11, 2026, killing 15 passengers and leaving investigators to determine why so many people were trapped inside a vessel that overturned less than half a kilometre from land.
July 11, 2026
Tamilnad Mercantile Bank (NSE: TMB) rises as 27% loan growth tests funding quality
Tamilnad Mercantile Bank (TMB) loans grew 27%, but CASA fell sequentially and the credit-deposit ratio neared 89%. Fast growth now faces a funding-quality test.
July 5, 2026
Suzlon wins 400 MW Tata Power wind EPC order in Andhra Pradesh
Discover how Suzlon’s 400 MW Tata Power wind order tests its DevCo strategy, expands Andhra Pradesh scale and shapes SUZLON’s investment case. Read more now
June 30, 2026