Siddharth Kirtane Appointed President, EV Division, Propel Industries Private Limited

Siddharth Kirtane Appointed President, EV Division, Propel Industries Private Limited

Coimbatore-based Propel Industries Private Limited has announced the appointment of Siddharth Kirtane as the President of its EV Division that makes heavy-duty e-trucks for construction and mining applications. Propel Industries – specialising in the manufacture of crushing equipment – homologated its electric heavy-duty Tipper (470 HEV) is September 2024 and has since been offering it in two battery variants—385 kWh and 256 kWh.  
With a long-standing experience in the commercial vehicle industry in India as Head – Brand and Marketing, Volvo Trucks India; as Business Head – Construction and Infrastructure, Volvo Eicher Commercial Vehicles Ltd, and as Vice President, Marketing, Daimler India Commercial Vehicles, Kirtane will leverage his knowledge and expertise to scale up the EV business in his new role. 
 

JSW Greentech Partners Dassault Systèmes For Commercial Vehicle Plant

JSW Greentech

JSW Greentech, the electric commercial vehicle division of JSW Group, has selected software company Dassault Systemes to implement a manufacturing execution system at its production facility in India.

The company will deploy Dassault Systemes’ DELMIA Apriso applications to build a digital platform across the plant floor. The system will manage operations for JSW Greentech's line of electric trucks and buses from the start of production.

Headquartered in Mumbai, JSW Greentech is establishing technology development and manufacturing capacity within India's commercial vehicle sector. The deployment of the manufacturing execution system aims to standardise operations management by connecting production execution directly with quality control and material tracking.

Sumit Mittal, Chief Executive Officer, JSW Greentech, said, “As we build a state-of-the-art commercial EV manufacturing facility, it is imperative that we complement it with equally advanced technology systems. Our partnership with Dassault Systèmes and its MES platform brings global expertise and digital capabilities to our manufacturing ecosystem. Together, this will enable us to create a smart, connected and future-ready operating environment, setting a new benchmark for technology-led manufacturing in India’s commercial vehicle industry.”

Deepak NG, Managing Director for India, Dassault Systemes, said, “In India, considering the pace at which the market is moving, it is equally important that we address sustainability during production. Leveraging Dassault Systèmes' systems like DELMIA Apriso is further strengthening our commitment toward technology adoption and sustainable manufacturing standards. The future of sustainable mobility in India depends on how efficiently we can scale clean transportation. By building its production around a connected digital backbone from day one, JSW Greentech is driving this transition. This collaboration underscores Dassault Systèmes' commitment to empowering India's EV ecosystem with virtual twin technology to accelerate innovation, manufacturing excellence, and sustainable growth.”

Daimler Truck North America Announces Plots New Manufacturing Facility To Strengthen Operations

Daimler Truck North America

Daimler Truck North America (DTNA), a subsidiary of Daimler Truck AG, has announced plans to construct a manufacturing facility in the United States. The plant aims to expand production capacity for vocational and on-highway trucks while increasing operational flexibility across North America.

The facility will utilise production technologies, manufacturing systems and assembly processes to handle various vehicle configurations. DTNA is evaluating site locations based on supply chain access, workforce availability, logistics infrastructure, and business conditions. Construction is scheduled to commence in late 2026, with production expected to begin in 2029. The project is projected to generate jobs and local economic activity through supplier and community partnerships.

Karin Radstrom, President and CEO, Daimler Truck, said, “This new manufacturing facility supports our long term growth plans for North America. It strengthens our ability to serve customers by responding faster and more flexibly to their evolving needs while unlocking our full potential through growth, scale and efficiency in line with our global strategy.”

John O’Leary, President and CEO, Daimler Truck North America, stated, “Our industry never stands still, and neither can we. This investment reflects our confidence in the future of commercial transportation and the strength of the North American market. We are building for the future by creating a manufacturing network that is more flexible, resilient, and aligned with our customers' evolving needs. This facility will strengthen our ability to deliver industry-leading products while supporting long-term growth in the United States.”

At present, the company operates manufacturing sites across North Carolina and South Carolina, including facilities in Cleveland, Gastonia, Mount Holly, High Point and Gaffney. It maintains its corporate headquarters and engineering development hub in Portland, Oregon.

Hindalco Industries Posts INR 70 Billion Net Profit For Q1 FY2027

Hindalco

Hindalco Industries, the flagship metals company of the Aditya Birla Group, has reported its financial results for Q1 FY2027, recording 32 percent YoY growth in revenue at INR 848.25 billion, as compared to INR 642.32 billion a year ago.

The EBITDA came at INR 149.89 billion, up 73 percent YoY, as compared to INR 86.73 billion a year ago, while net profit came at INR 70.13 billion, up 75 percent YoY, as against INR 40.04 billion a year ago.

The robust performance was supported by earnings across the aluminium upstream, aluminium downstream, copper and Novelis business segments.

The company's subsidiary, Novelis, reported revenue of USD 5.8 billion, representing a 23 percent increase from USD 4.7 billion in the same period last year, driven by metal price movements. Adjusted EBITDA for Novelis rose 24 percent to USD 516 million, while shipments stood at 916 kilo-tonnes compared to 963 kilo-tonnes in the previous year.

Operational developments at Novelis included the restart of the Oswego hot mill in June 2026 and ongoing commissioning at the Bay Minette plant, with commercial shipments planned for the first quarter of the 2028 financial year.

Satish Pai, Managing Director, Hindalco Industries, said, “Hindalco has started FY27 on a strong note, delivering record Revenue, EBITDA and PAT, with every business segment contributing meaningfully to this performance. Our India business delivered another record quarterly performance while Novelis reported improved profitability supported by the successful restart of Oswego and continued benefits from cost optimisation measures. Our Aluminium Upstream business reported an all-time high EBITDA, backed by favourable macros and operational efficiencies. Both our Copper and Aluminium Downstream businesses also delivered record quarterly EBITDA reflecting the continued strength of our diversified business model, value added products and operational excellence.”

“Looking ahead, our pipeline of strategic investments remains robust across upstream and downstream. As we continue to expand upstream capacities in alumina, aluminium and copper, we are scaling up our downstream projects. Projects such as Aditya FRP, battery foil, battery enclosure, Inner Grooved Tube are progressing well while the ramp of Novelis’ Oswego plant and Bay Minette plant will mark another milestone in our downstream growth journey. Together, these investments position Hindalco uniquely as an integrated global metals company with the right balance of upstream strength and downstream value addition to deliver sustainable, long-term growth,” said Pai.

On operational measures, Hindalco commissioned a 65 MW captive round-the-clock renewable energy facility at Aditya Aluminium. The company recorded an overall waste utilisation rate of 80 percent for the quarter and expanded bauxite residue quarry backfilling operations at Dalla in Uttar Pradesh. Water recycling rates reached 29 percent across industrial operations, and the company planted 80,000 saplings during the three-month period.

Vega Auto Commences Production Of Revo Optical Coated Visors In India

Vega - Revo

Vega Auto, the parent company of helmet brand Axor, has commenced production of Revo optical-coated helmet visors in India, marking the start of local manufacturing for the component.

The production launch follows an investment of over INR 20 million in optical coating technology and manufacturing infrastructure. The company plans to produce up to 2.4 million units of the coated visors at its domestic facilities.

The visors utilise multilayer optical coating technology designed to control light glare in bright environmental conditions and reduce visual fatigue. The product engineering focuses on glare management and optical clarity during daylight riding, expanding safety design beyond structural impact protection to address rider visual field requirements and road environment awareness.

Girdhari Chandak, Managing Director, Vega Auto Accessories, said, "At Axor, we believe rider safety begins long before impact, it begins with vision. A rider who can see more clearly can anticipate better, react faster and ride with greater confidence. Becoming the first company in India to manufacture Revo Optical Coated Helmet Visors is a proud milestone for Vega Auto. Our investment of over INR 20 million in advanced optical coating technology reflects our commitment to building world-class innovation in India. Revo is more than a premium visor. It represents a new approach to helmet innovation, one that combines protection with superior visual performance, comfort and rider confidence. This is only the beginning of our journey to redefine rider vision technology."

The manufacturing process incorporates multilayer coatings applied directly to the visor surface to produce a reflective finish while maintaining light transmission properties. Vega Auto will integrate the locally produced visors into its Axor product portfolio while continuing the development of component manufacturing capabilities in India.