RANJANGAON
ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
Stellantis, Tata Motors ink passenger vehicle manufacturing pact for global markets
Stellantis has formed a partnership with Tata Motors Passenger Vehicles for vehicle production in India. This collaboration will leverage Tata's advanced technology and Stellantis' engineering expertise for competitive vehicle development. A new Jeep SUV will be produced based on Tata's Argos platform, further enhancing export potential. The vehicles will be manufactured at the Ranjangaon facility under a joint venture.
LG Electronics India gets eligibility certificate for ₹705.74 crore Maharashtra incentives
LG Electronics India secured a significant boost from the Maharashtra government. An eligibility certificate confirms incentives totaling ₹705.74 crore for its expansion project. This approval validates past investments and secures future benefits. The company will receive annual incentives for 15 years. These benefits include tax refunds and subsidies. This support will bolster LG's manufacturing and export capabilities in India.
Govt announces Electronics Manufacturing Cluster in Ranjangaon, Maharashtra with Rs 500 cr outlay
"To make Maharashtra into an electronics hub, we have approved an Electronics Manufacturing Cluster project in Ranjangaon, Pune. The total investment of the government will be about Rs 500 crore," Minister of State for Electronics and Information Technology Chandrasekhar said at a briefing.
India will assume a more important role in FCA’s global strategy: Partha Datta
‘Around Diwali time, we will begin to see consumption and some excitement again.’
Fiat, Tata Motors JV plant resumes operations at Ranjangaon
FIAPL's management has developed and implemented a comprehensive programme of safety measures to protect over 3,000 direct and indirect employees, their families and surrounding communities from the spread and transmission of COVID-19.
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Fiat India suspends production till March 31 at Ranjangaon plant due to rising coronavirus cases in Maharashtra
The temporary suspension, which will be in effect until 31 March, 2020, is in response to the increasing prevalence of positive COVID-19 cases in the state of Maharashtra and particularly in Pune.
Britannia falls on tepid Q1 results
The scrip touched its fresh 52-week high of Rs 4,214.50 on August 7, 2017 and its 52-week low of Rs 2,776 on December 23, 2016.
Britannia to spend Rs 1000 crore at Ranjangaon plant
Wadia said that the company was also planning to set up a diary project at the food park with a capacity of seven lakh litres per day.
Fiat opens pre-bookings for SUV Jeep Compass
The vehicle, which is being locally manufactured at the company's joint-venture facility in Ranjangaon (near Pune), could be pre-booked at Rs 50,000, FCA India said.
Made-in-India Jeep marks tipping point for Fiat Chrysler's India turnaround: MD Kevin Flynn
Likely to be priced aggressively between Fiat Chrysler is hoping to ride on the SUV wave in the country and make a comeback.
Fiat's Ranjangaon plant near Pune will make the rugged SUVs
The Fiat brand cannot expect to ‘relive’ its history in India, and would instead have to ride on the Jeep brand to make its presence felt in the country.
Bombay Dyeing surges 6% on retail biz turnaround plan
Rajanna expects the measures to help the segment more than treble its revenues to Rs 1,000 crore by financial year 2020 from Rs 305 crore last year.
Jeep plans mini SUV for under Rs 10L
The country is expected to take a lead as Jeep is targeting a sub four-metre version, which attracts lower excise tax and thus can be priced more aggressively.
Haier India eyes trebling revenue to Rs 6,500 crore by 2020
Haier India, which is expecting to close the year with over Rs 2,000 crore revenue, has invested Rs 490 crore to expand capacity at its manufacturing facility at Ranjangaon near Pune.
IndoSpace inks two MOUs with MIDC for Rs 768 crore investment
The MOUs are for the development of projects at MIDC’s Ranjangaon and Chakan industrial parks. On completion, the two projects will generate employment.
Givaudan to invest Rs 368 crore in new Pune facility
Givaudan, the Swiss manufacturer of flavours and fragrances, is set to invest around Rs 368 crore (55 million Swiss Franc) in a new facility at Ranjangaon near Pune.
Bombay Dyeing's Rs 230 crore sale of textiles unit cancelled
The company had planned to utilise the proceeds to repay existing loans and reduce interest burden, among other business purposes.
Maharashtra government close to finalising deal with Chrysler for making Grand Cherokee in state
Chief Minister Devendra Fadnavis, who is on a seven-day visit to the US, was scheduled to meet top Chrysler executives during the day.
Tata Motors & Fiat to set up Rs 3,000 crore joint assembly line to manufacture SUVs
The assembly line is likely to come up in Fiat's Ranjangaon unit, where the auto co already has a 50:50 manufacturing joint venture with Tata.
Bombay Dyeing to sell Ranjangaon unit on a slump-sale basis for Rs 230 crore
The sale of the unit may not have any impact on the company’s existing retail business and its brand — Home & You — Bombay Dyeing.
Bombay Dyeing net profit falls 14% to Rs 179 crore
Bombay Dyeing's net sales on standalone basis fell 33.78 per cent to Rs 745.77 crore as against Rs 1,126.25 crore in March quarter of the previous fiscal.
Maschio Gaspardo to expand; plans to invest Rs 300 crore in Ranjangaon
MGIPL has already produced 10,000 machines within the first year and now intends to produce 30,000 machines in 2014 for the domestic market.
Samson Controls Pvt Ltd starts manufacturing plant in Ranjangaon
Samson Controls Pvt Ltd, a company that manufactures engineered control-valves, has started a manufacturing plant in Ranjangaon near Pune.
LG lines up Rs 450 cr capex plan for Pune operations
LG Electronics India (LGEIL), the Indian arm of the South Korean consumer electronics company, is expanding its manufacturing plant at Ranjangaon near Pune.
Pepsico to enter carbon trading business
PepsiCo India, the wholly-owned subsidiary of the US beverages and snack food major, is looking at monitoring its carbon footprint and entering the carbon trading business.
Essar Steel close to acquiring major stake in Ajmera Group co
Essar Steel, part of the Ruia-controlled diversified conglomerate, is close to acquiring a majority stake in Shree Precoated Steels of the Ajmera Group.
30 peacocks found dead in 5 days near Pune; probe on
Clueless forest officials probing the deaths of as many as 28 peacocks in Ranjangaon near here were confronted by fresh finding of the bird plumage, suggestive of two more deaths, taking the toll in the last five days to 30.
LG may miss '06 revenue target as growth slows
LG Electronics India (LGEIL) will fall short of its revenue target in 2006 for the second year in a row, with growth slowing down to 15%, against a 30% average growth in the past.
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