Announcing its unaudited financial results (standalone and consolidated) for the second quarter of FY2024-25, Gulf Oil Lubricants registered an operating revenue of INR 8.49 million as compared to INR 8.02 million in the corresponding period of FY2023-24, a rise of 5.86 percent. 
The operating revenue for the first half of FY2024-25 was INR 17.34 billion as compared to INR 16.14 billion, an increase of 7.46 percent year-on-year. 
The lubricant major registered an EBITDA of INR 1.07 billion in the second quarter of FY2024-25 as compared to EBITDA of INR one billion in the corresponding quarter of FY2023-24. 
The Hinduja Group company clocked an EBITDA of INR 2.23 billion in the first half of FY2024-25 as compared to EBITDA of INR 1.93 billion, an increase of 15.59 percent. 
The Profit After Tax (PAT) was INR 844.4 million in the second quarter of FY2024-25 as compared to a PAT of INR 736.3 million, an increase of 14.68 percent. 
Commenting on the performance, Ravi Chawla, Managing Director and CEO, Gulf Oil Lubricants India Ltd, said, “Despite the operational impact of heavy rains in the beginning of Q2, overall demand for us remained healthy, driving-up our Q2 lubricant volume growth by nine percent. This reinforces our unwavering commitment and reliable performance, even amid challenging conditions, positioning us well for continued 2-3x market growth. The quarter concluded on a high note with the launch of our most ambitious brand campaign ‘The Unstoppables’ centered on the theme ‘Har Kadam Berok’ staring three Gulf Lubricants brand ambassadors, MS Dhoni, Hardik Pandya and Smriti Mandhana exemplifying our brand’s values and capabilities on a grand scale across multiple media and marketing platforms.”
“Our growth momentum is sustained through strategic and impactful brand investments, enhanced product capabilities and industry leading initiatives driving-up profitable growth across our focus segments,” he added. 
 

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Ashok Leyland, one of the leading commercial vehicle manufacturers in the country, has opened a new integrated manufacturing facility in Lucknow, Uttar Pradesh.

The greenfield facility, located near Lucknow Airport in Sarojini Nagar, was inaugurated by Yogi Adityanath, Chief Minister of Uttar Pradesh, alongside Union Ministers Rajnath Singh and H D Kumaraswamy.

The 70-acre site is designed to produce 5,000 vehicles annually, with a primary focus on electric buses and other green mobility solutions. The facility employs a workforce predominantly from Uttar Pradesh, including a high percentage of women. To support its sustainability goals, the plant features rooftop solar panels, energy-efficient lighting and zero-discharge water systems.

Dheeraj Hinduja, Chairman, Ashok Leyland, said, "The inauguration of this new plant marks the beginning of an important new chapter for Ashok Leyland in the vibrant state of Uttar Pradesh. Our Group remains deeply committed to unlocking further opportunities that drive economic growth, create meaningful employment, and foster long-term prosperity in the region. This manufacturing plant reaffirms our resolve to help shape the future of India’s commercial vehicle industry, and we are confident that it will make a strong contribution towards employment generation while advancing sustainable mobility. With this new plant, we are preparing ourselves for the future and take one step further to achieve our Net Zero emission goals."

Shenu Agarwal, MD & CEO, Ashok Leyland, said, "As one of India’s largest and most progressive states, Uttar Pradesh has demonstrated a strong and consistent commitment to environmental responsibility and sustainable development, making it a natural partner in our green mobility journey. This coupled with Ashok Leyland’s ambition to achieve Net Zero by 2048 has been a key catalyst for establishing this state-of-the-art facility in Uttar Pradesh. Equipped with most modern technology and high levels of automation, the plant reflects our focus on world-class quality and innovation. With a strong emphasis on electric buses, this facility marks a significant step towards building a cleaner, future-ready mobility ecosystem for India.”

The plant's logistics are managed using battery-operated vehicles to maintain its status as a green facility. This expansion aligns with Ashok Leyland's target to reach Net Zero emissions by 2048 and supports the state of Uttar Pradesh's transition toward electric transportation.

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Bharat Forge and Germany-based Agile Robots have agreed to explore a collaboration to develop AI-driven robotics and industrial automation. The partnership combines Bharat Forge's domain expertise with Agile Robots' automation solutions to deploy technology for the automotive, healthcare, and consumer electronics industries.

The agreement focuses on civilian industry and manufacturing. Under the Memorandum of Understanding (MoU), the companies will co-develop and offer solutions in manufacturing, industrial CPG and logistics for markets in India and Southeast Asia. The partnership also aims to develop vision and AI-based robotic systems to enable autonomous ‘dark’ factories.

Amit Kalyani, Vice-Chairman and Joint Managing Director, Bharat Forge, said, “This strategic collaboration with Agile Robots is a reinforcement of Bharat Forge’s ambition to provide state-of-the-art intelligent robotic and automation solutions across multiple industries while driving manufacturing efficiencies at home. Manufacturing in India is on a steep growth path, and I am very excited that with Agile Robots we are going to deploy bespoke, modular and intelligent automation solutions across the sectors.”

Rory Sexton, Executive Director, Agile Robots, said, “By partnering with Bharat Forge, Agile Robots is strengthening its position in India's rapidly growing manufacturing sector. Combining Agile Robots’ proven leadership in AI driven robotic automation with Bharat Forge’s sectoral expertise will allow us to improve the efficiency and precision of entire production systems.”

The collaboration intends to set up capabilities for bespoke solutions while utilizing existing Agile Robots technology. By integrating AI into production systems, the companies aim to improve precision and efficiency across manufacturing sectors in the region.

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Hindustan Zinc and Silox India have expanded their long-term collaboration to focus on industrial decarbonisation and the development of sustainable supply chains. As part of the agreement, Silox India has adopted EcoZen, a low-carbon zinc brand produced by Hindustan Zinc, for use across its manufacturing operations. This integration is intended to reduce the carbon footprint of zinc-based chemical products while maintaining existing quality standards.

EcoZen is manufactured using renewable energy and has a verified carbon footprint of less than one tonne of CO2 per tonne of zinc. According to the company, this is approximately 75 percent lower than the global industry average. The material offers full traceability, allowing downstream users to account for the environmental impact of their inputs. When used in galvanising, EcoZen can prevent approximately 400 kilograms of CO2 emissions per tonne of steel compared to conventional zinc.

Hindustan Zinc, a Vedanta Group company, supplies materials to various sectors including infrastructure, automotive and renewables. The company is a member of the International Council on Mining and Metals (ICMM) and has prioritised the reduction of Scope 3 emissions for its clients. Silox India, which specialises in inorganic chemistry and non-ferrous metal derivatives, will use EcoZen to support its environmental, social, and governance (ESG) targets.

Arun Misra, Chief Executive Officer & Whole-time Director, Hindustan Zinc, said, “Decarbonisation at Hindustan Zinc is not limited to our own operations; it extends to how our products are used across industries. EcoZen represents a step change in how zinc can support cleaner manufacturing. By partnering with customers like Silox India, we are enabling the wider adoption of low-carbon solutions at scale.”

Prakash Raman, Managing Director, Silox India, said, “Integrating EcoZen into our manufacturing processes allows us to lower embedded emissions across our product portfolio while continuing to deliver high-performance solutions to our customers. This partnership demonstrates how upstream innovation can accelerate sustainability outcomes downstream.”

The partnership aligns with the increasing demand for low-carbon materials in the automotive and infrastructure sectors. EcoZen is supported by life-cycle assessments and globally recognised ISO and REACH certifications to ensure transparency and compliance with environmental regulations.

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its highest-ever annual production with 2.25 million units produced in CY2025.

This also marks the second year the automaker surpassed the 2 million units production threshold. The total includes vehicles destined for the domestic market, exports and supplies to other original equipment manufacturers (OEMs). The Fronx, Baleno, Swift, Dzire and Ertiga were the five models with the highest production volumes during this period.

The company began operations in 1983 at its facility in Gurugram and has since expanded its manufacturing footprint to include sites in Manesar and Kharkhoda, alongside the integration of its Gujarat plant.

At present, Maruti Suzuki India produces 17 models and 650 variants. To address future demand in India and abroad, the firm intends to increase its total production capacity to 4 million units per annum.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “This record production is a result of the dedication of our employees and the strong synergy that we share with our supplier partners. A high degree of localization has enabled us to achieve such scale while maintaining world-class quality, highlighting the strength and global competitiveness of India’s automotive manufacturing ecosystem. We remain committed to expanding our manufacturing footprint and strengthening India’s automobile manufacturing capabilities in line with the Government of India’s ‘Make in India’ initiative.”

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