Kobelco Rolls Out 20,000th Made-in-India Excavator From Andra Pradesh Facility
- By MT Bureau
- March 21, 2025
Kobelco Construction Equipment India (KCEI), a subsidiary of Japan-based Kobelco Construction Machinery Co, has attained a new production milestone in the country.
The company recently rolled out its 20,000th made-in-India excavator from its plant in Sri City, Andhra Pradesh. What’s more, the company as part of its India outlook has also announced setting up a new R&D facility, which will focus on developing new technologies, engineering solutions, customisation and product innovation.
At present, the Sri City facility has a production capacity of 3,000 units per annum and supplies excavators for both domestic and 16 international markets. The company claims it currently enjoys over 25 percent market share in India.
Takemichi Hirakawa, Managing Director & CEO, Kobelco Construction Equipment India, said, "Reaching the 20,000th excavator production milestone reflects our commitment to delivering high-quality construction equipment. India has emerged as an important manufacturing base for Kobelco, meeting both domestic demand and expanding our global footprint. As part of our long-term growth strategy, we remain aligned with the ‘Make in India’ initiative and continue to invest in R&D, strengthening our capabilities."
Vimag Labs Commences Manufacturing In Jhajjar, Outlines INR 500 Million Investment Plan
- By MT Bureau
- October 13, 2026
Electric propulsion technology startup Vimag Labs has commenced operations at its first manufacturing plant in Met City, Jhajjar, Haryana, and completed its initial export shipment of motor and control systems.
The opening marks the start of a phased manufacturing build-out across India, with the company planning to deploy approximately INR 500 million in capital as customer programs scale.
The 10,000-square-foot facility, which can expand to 20,000 square feet, manufactures motor and control systems, including Vimag's magnet-free motor technology. The plant features digitally connected production lines, automated assembly systems and testing infrastructure for mid-power systems.
The initial layout is structured to scale toward a monthly capacity of up to 10,000 motor and control units. Vimag plans to expand production into high-power systems of 570 kW and above as customer programs mature.
Manish Seth, Co-Founder & CEO, Vimag Labs, said, "The commencement of manufacturing marks an important transition for Vimag from technology development and validation into industrialisation and serial production. Jhajjar is the first step in a broader manufacturing build-out. We are currently planning around INR 500 million of investment, to be deployed in phases as customer programmes, traction and product requirements develop. The scale and timing of investment will evolve with demand as we build capacity and deepen our manufacturing base. The first production batch has already been exported from Jhajjar, demonstrating that the facility has moved into commercial manufacturing."
"Our initial focus is on scaling mid-power motor and control systems for commercial programmes. As customer programmes mature, we plan to extend manufacturing into high-power systems of 570 kW and above and deepen partnerships across India for manufacturing, supply chain, tooling and industrialisation. Our long-term goal is to build a globally competitive production base in India for domestic and international customers," added Seth.
Vimag Labs recently secured USD 5 million in Series A funding round led by Accel, with participation from Chakra Growth Fund and Thinkuvate. The company has executed a manufacturing agreement with Jendamark to support production scaling and acquired an exclusive United States technology licensing agreement for a bidirectional high-voltage inverter platform operating at up to 1,000 volts. The manufacturing expansion is projected to generate between 100 and 150 direct and indirect jobs across engineering, assembly, quality control, and supply chain operations.
JM Frictech India Invests INR 500 Million For 4th Manufacturing Facility In Chandigarh
- By MT Bureau
- October 09, 2026
Auto component manufacturer JM Frictech India has invested around INR 500 million to establish its fourth manufacturing facility in Chandigarh. The investment expands the company's production footprint and logistics operations across Northern India.
The facility is being commissioned in phases, with initial operations dedicated to warehousing and distribution logistics.
Established in 2008 as a joint venture between NTC Engineering India and South Korea’s Jinmyung Frictech Company, the company produces approximately 12 million friction discs annually. The addition of the Chandigarh plant expands the company's manufacturing footprint to four facilities across India, supporting its strategy to localize components for agricultural and industrial off-highway equipment.
JM Frictech India plans to scale manufacturing activities at the site to achieve full operational capability within the next 6-8 months. The facility is structured to supply friction systems, wet brakes, wet clutches, hydraulic actuation systems, transmission aggregates and hydrostatic transmission components to original equipment manufacturers in the tractor, construction equipment and off-highway sectors.
E. Madhavan, Managing Director of JM Frictech India, said, "The investment in Chandigarh is an important part of our expansion strategy. It will strengthen our manufacturing presence in North India and enable us to be closer to our customers while creating capacity for future growth."
E3 Electric.Ai Commences Production Of Trion E-Scooter In Hyderabad
- By MT Bureau
- October 05, 2026
Bengaluru-based electric mobility startup E3 Electric.Ai has commenced production of its electric scooter, the E3 Trion, at its manufacturing facility in Hyderabad. Customer deliveries are scheduled to begin in batches from 7 October 2026, coinciding with the company's second anniversary.
The E3 Trion is offered in three variants – C1, C1X and C2 – designed for individual, family and commercial users. The variants will be delivered in phased schedules across six colour options: Nova Blue, Teal Blue, Graphite Grey, Misty Green, Solar Red and Luna White.
The e-scooter completed a testing and validation programme comprising over 550 Design Validation Plan tests, including chassis dynamometer power evaluation, range validation and brake-pressure sensor testing. Accelerated durability assessments were conducted on a Cam Drum Test Rig with a 205 kg payload, alongside water-wading tests at depths between 100 mm and 300 mm, rainstorm exposure and a 260-km mixed-terrain road test between Bengaluru and Hogenakkal.
Sanjeev P, Founder and CEO, E3 Electric.Ai, said, "This is a significant moment for everyone at E3, where engineering, testing and validation translate into a product that is ready to reach our customers. Our philosophy has been simple: build an intelligent, robust, electric scooter engineered for the real world. The rigorous validation programme, particularly our focus on durability across challenging conditions, has been central to that. With production now underway and deliveries beginning in batches from October 7, which also marks our second anniversary, we are proud to take the E3 Trion from the test track to the road and begin this journey with our first 100 customers."
The initial 100 buyers will receive an extended warranty covering the battery and primary components for eight years or 100,000 kilometres, along with one year of roadside assistance. The coverage package applies to the 2.3 kWh battery configuration on the C1 variant and the 3 kWh battery setup on the C1X and C2 variants.
BMW M Produces 1 Millionth Vehicle As Munich Plant Prepares For Electric M3
- By MT Bureau
- October 05, 2026
German automotive luxury brand BMW M has produced its one-millionth vehicle, a BMW M3 finished in BMW Individual Fire Orange III special paintwork, at the BMW Group Plant Munich. The milestone vehicle was presented by Peter Weber, head of BMW Group Plant Munich, to Franciscus van Meel, CEO of BMW M, during an official ceremony.
The production milestone marks over five decades of BMW M manufacturing. Moving forward, the Munich facility will produce the fully electric BMW M3 based on BMW M Neue Klasse technology, following the fully electric BMW i3 as the second Neue Klasse model manufactured at the site.
The Munich facility has produced the current generation of the BMW M3 since 2020. From 2027 onwards, the BMW Group will manufacture exclusively fully electric vehicles at the site. The company is investing approximately EUR 650 million to convert the Munich facility, incorporating a new body shop, vehicle assembly line, and logistics infrastructure across one-third of the total plant area.
Franciscus van Meel said, "BMW M combines road and racetrack capabilities with everyday practicality. The one-millionth BMW M vehicle shows that these values are still very much appreciated by our customers, 40 years after the market launch of the first BMW M3. This motivates us to continuously develop our BMW M high-performance vehicle portfolio based on BMW M Neue Klasse technology, including fully-electric models, in line with our core brand promise."
Peter Weber said, "The BMW M3 has close ties to the BMW Group’s main plant in Munich. We are delighted that we will also be producing the first fully-electric BMW M3 here in Munich. BMW M has a special emotional significance for our associates here – so we are especially proud to be actively shaping the future of this icon."
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