- Ashok Leyland
- Hinduja Group
- Andhra Pradesh
- Switch Mobility
- Nara Lokesh
- M Ram Prasad Reddy
- T G Bharath
- V Balashowry
- Y Venkata Roy
- Ashok P Hinduja
- Shom Ashok Hinduja
- Dheeraj G Hinduja
- Shenu Agarwal
- Mahesh Babu
Ashok Leyland's New Vijayawada Facility To Produce 4,800 Buses Annually
- By MT Bureau
- March 20, 2025
Ashok Leyland, one of the leading commercial vehicle manufacturers, has inaugurated its new 4,800 buses per annum manufacturing facility near Vijayawada, Andhra Pradesh.
The new facility spread across 75 acres can manufacture the complete range of Ashok Leyland diesel buses along with Switch Mobility’s electric buses. The facility features a Nalanda learning center and an advanced service training center. The plant was inaugurated by Nara Lokesh, Minister of Information Technology, Electronics and Communications and Human Resource Development, Government of Andhra Pradesh.

Furthermore, the auto major as a symbolic gesture also handed over the keys of the Switch electric double-decker bus to the government of Andhra Pradesh as part of its commitment to promoting sustainable public transportation. The event saw participation from M Ram Prasad Reddy, Minister of Transport, Sports, Youth Affairs; T G Bharath, Minister of Industries; V Balashowry, MP, Krishna District; Y Venkata Roy, MLA, Gannavaram Constituency; Ashok P Hinduja, Chairman, Hinduja Group – India and Shom Ashok Hinduja, President Alternative Energy and Sustainability, Hinduja Group, along with dealers, customers, suppliers and other dignitaries.
“This is a prestigious occasion for Andhra Pradesh. We are delighted to welcome Ashok Leyland to our growing industrial ecosystem. This plant strengthens our reputation as an emerging manufacturing hub and will play a crucial role in providing employment, enhancing skill development, and boosting the overall economy of the State,” said Nara Lokesh.
Dheeraj G Hinduja, Chairman, Ashok Leyland, said, “Inspired by the vision of the Chief Minister Chandrababu Naidu, who has crafted a progressive industrial policy for the State, we are excited to be in Andhra Pradesh and our relationship with this State has been over several decades now through Ashok Leyland and other Hinduja Group entities. The inauguration of the new plant marks the beginning of yet another chapter for Ashok Leyland in this vibrant State, where our Group is committed to explore more opportunities for driving economic growth, creating employment opportunities, and generating prosperity in the region.”
Shenu Agarwal, MD & CEO, Ashok Leyland, added, “With inauguration of the new plant, Ashok Leyland will further consolidate its position as No.1 bus brand in India and among the top 5 globally. This facility will help us cater to the growing demand for fully built buses in India. Production in the new plant has just commenced and owing to our large order book, the plant will start operating at 100 percent capacity from day one. The new plant is equipped with state-of-the art equipment with high levels of automation signifying our commitment to making products of highest quality standards.”
LICO Partners Epsilon Advanced Materials For Battery-Grade Graphite Recovery
- By MT Bureau
- September 10, 2026
LICO Materials and Epsilon Advanced Materials have established a supply agreement to recover graphite from end-of-life lithium-ion batteries and cell manufacturing scrap for use as secondary feedstock in battery anode production.
Under the partnership, LICO Materials will process battery waste and manufacturing scrap using its mineral recovery technology to isolate graphite. The material will be supplied to Epsilon Advanced Materials for qualification and integration into its synthetic, natural, and blended graphite anode production platforms. Product samples from the recovered feedstock will be distributed for customer testing by the end of 2026. Graphite constitutes 20 to 30 percent of a lithium-ion battery's weight.
At present, China controls over 90 percent of global graphite refining and anode material production, with International Energy Agency projections indicating China will supply 80 percent of battery-grade graphite through 2035. India's Ministry of Heavy Industries projects domestic lithium-ion battery demand to reach 210 gigawatt-hours by 2030, requiring 200,000 to 230,000 tonnes of graphite anode material annually.
Gaurav Dolwani, CEO and Founder, LICO Materials, said, "Graphite is a critical material for the battery industry, yet its supply chain remains highly concentrated in China. Recovered graphite gives us an opportunity to retain material that is already within the battery ecosystem and return it to productive use. Supplying this recovered graphite to Epsilon Advanced Materials marks a breakthrough in our journey beyond battery recycling and brings us closer to closing the graphite loop."
Vikram Handa, MD, Epsilon Advanced Materials, said, "As global battery manufacturing expands, diversifying sources of graphite has become increasingly important. Recovered graphite provides an opportunity to complement conventional feedstocks while retaining valuable material within the battery ecosystem. Our work with LICO creates a pathway to bring recovered graphite back into advanced anode material production and strengthens the circularity of the battery materials value chain."
The agreement establishes domestic secondary feedstock sourcing for battery anode production, reducing reliance on primary graphite imports as Indian battery cell manufacturing expands.
Ultraviolette To Build 250,000 Units Per Annum Capacity BIGGA Factory In Hosur
- By MT Bureau
- September 10, 2026
Bengaluru-based electric vehicle maker Ultraviolette Automotive has announced plans to establish a new manufacturing facility – the BIGGA Factory – in Hosur, Tamil Nadu. The plant will manufacture the Tesseract electric scooter and support the company's future product portfolio across sports, crossover, cruiser and street motorcycle segments.
The facility, located at the SIPCOT Industrial Park in Shoolagiri, will feature an initial production capacity of 250,000 units per year, which can be scaled up to 500,000 vehicles annually.
The site will complement Ultraviolette's existing plant in Bengaluru, Karnataka. The project is expected to generate approximately 2,000 jobs during its first phase.

The manufacturing setup will integrate Industry 4.0 systems, a Manufacturing Execution System for real-time tracking, collaborative robots for welding and assembly and vision-based inspection tools. The facility will also include an on-site test track to evaluate completed vehicles prior to delivery.
Narayan Subramaniam, Co-Founder and CEO, Ultraviolette Automotive, said, "We are at an inflection point in Ultraviolette's journey. Over the last few years, we have built our foundation around technology, performance and product innovation; the next phase is about building the scale to take that foundation much further. The BIGGA Factory is a significant step in that direction, giving us the manufacturing capacity and infrastructure to scale Tesseract and our future products, while creating the ability to serve a much larger customer base in India and international markets. Our current facility in Bengaluru, Karnataka will continue its regular operations alongside the BIGGA Factory, strengthening our long-term manufacturing and technology footprint in India."
Niraj Rajmohan, Co-Founder and CTO, Ultraviolette Automotive, said, "Hosur is a key manufacturing hub with a well-established automotive ecosystem, significant supply-chain advantages and close proximity to Ultraviolette's R&D operations and existing supplier network. These strategic advantages, combined with the scale, precision and manufacturing agility of the BIGGA Factory, will enable us to deliver the Tesseract and our future products to customers in India and international markets while maintaining the highest standards of quality and performance. The BIGGA Factory will further strengthen our ability to innovate and contribute to India's emergence as a global hub for electric-vehicle technology and manufacturing."
Vedanta Invests Over INR 210 Billion To Build India’s EV Metals Ecosystem
- By MT Bureau
- September 09, 2026
Vedanta Group has announced that it has invested over INR 210 billion through FY2026 across projects to expand production capacity for aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The capital deployment aims to scale domestic material production, supporting India's electric mobility and automotive sectors.
The investment addresses rising national demand for vehicle electrification components, including battery cells, energy storage units, electric motors, power electronics, semiconductors, charging infrastructure and vehicle structural parts.
At present, India imports over 80 percent of its critical mineral requirements. To establish domestic resource access, Vedanta said it has secured 10 critical mineral blocks covering copper, nickel-chromium-platinum group elements, tungsten, graphite, vanadium, rare earth elements and potash, with exploration activities active across five of the sites.
Within its metals operations, Vedanta Aluminium Metal produced 2.45 million tonnes of primary aluminium during FY2025–26. The division supplies primary foundry alloys, rolled products, billets, and slabs for automotive applications, alongside low-carbon offerings under its Restora and Restora Ultra product lines. The group is expanding smelting and value-added alloy capacity at its plant locations in Chhattisgarh and Jharsuguda, Odisha.
In battery materials, Vedanta operates as India's sole primary nickel producer. Through its subsidiary Hindustan Zinc, the group produced 851 kilotonne of refined zinc and 627 tonnes of saleable silver in the 2025–26 financial year, offering automotive zinc alloys and its low-carbon EcoZen product line. For electrical applications, Vedanta Limited reported cathode copper production of 170 kilotonne over the same period, while expanding downstream processing capabilities via a copper rod facility in Saudi Arabia.
Arun Misra, CEO, Vedanta Group, said, "As EV adoption accelerates, the strength of India’s journey will increasingly depend on its ability to secure reliable access to the metals and critical minerals that underpin vehicles, batteries and charging infrastructure. Building these capabilities domestically will be essential to creating supply chains capable of supporting India’s long-term mobility ambitions. At Vedanta, we are investing across this opportunity through our presence in key metals, while building capabilities in critical minerals. We are expanding our role across the resource base that will support the next generation of mobility and battery value chains."
- Recyclekaro
- Uzbekistan Technological Metals Complex
- Rajesh Gupta
- critical mineral
- extraction
- EoL battery
Recyclekaro Partners Uzbekistan’s TMK To Build Critical Mineral Recovery Ecosystem
- By MT Bureau
- September 09, 2026
Recyclekaro has partnered with the Uzbekistan Technological Metals Complex to establish e-waste and lithium-ion battery recycling infrastructure in Central Asia. The initiative follows the elevation of bilateral relations between India and Uzbekistan to a Comprehensive Strategic Partnership during a state visit to Tashkent.
Under the agreement, Recyclekaro and TMK will form a joint venture to build a greenfield facility in Uzbekistan focused on end-of-life battery recycling and critical mineral extraction. Furthermore, Recyclekaro will also supply processing technology, project management and operational oversight. Feasibility studies are underway to determine processing capacity. The plant will initially process domestic waste streams before expanding in a second phase to recover critical minerals from electronic waste and batteries collected across Central Asia.
Rajesh Gupta, Managing Director, Recyclekaro, said, "The transition towards a clean energy future depends not only on access to critical minerals but also on our ability to recover and reuse the resources already available. As nations worldwide work towards building resilient and sustainable supply chains, advanced recycling and urban mining will play a critical role in securing strategic materials. Our collaboration with TMK represents a significant step in taking India's recycling expertise to the global stage and demonstrates how technology, innovation, and international partnerships can accelerate the shift towards a circular economy."
The project aligns with bilateral government agreements prioritizing mineral exploration, processing, and value-chain development between India and Uzbekistan. The facility aims to establish regional material recovery capacity and reduce reliance on primary mineral extraction across Central Asian markets.

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