Vedanta Aluminium’s Metal Bazaar Sees 35% Increase in SME Users
- By MT Bureau
- November 06, 2024
Vedanta Aluminium has announced that its e-commerce platform, Metal Bazaar is making significant strides in transforming the buying behaviour of small and medium enterprises (SMEs).
In just six months since its launch, SME users have increased by 35 percent and active users have surged by 240 percent, mentioned sources close to the company.
With no purchase limits or caps, Metal Bazaar is providing businesses with direct access to aluminium in the quantities they need, eliminating third-party intermediaries, which is particularly helpful for small and medium enterprises (SMEs).
The streamlined, one-stop solution is enabling smaller businesses to focus on growth rather than procurement complexities. This impressive growth underscores a broader trend among Indian businesses towards adopting efficient, transparent and digital procurement solutions.
The platform successfully launched a WhatsApp chatbot for customers recently. This user-friendly chatbot is enabling customers to quickly and easily access essential information such as free balance, dispatch details etc.
It is aligning with the evolving needs of ‘Digital India’ by providing seamless access to high-quality aluminium products. Its intuitive interface and innovative features have particularly addressed the procurement challenges faced by SMEs. By streamlining processes such as instant orders, price locking and real-time shipment tracking, Vedanta Metal Bazaar is transforming traditional sourcing methods and enabling businesses to focus on growth.
Speaking about the remarkable performance of the platform, Sunil Gupta, Chief Operating Officer (COO), Vedanta Aluminium, said, “Vedanta Metal Bazaar is not just a platform; it’s a revolution in how aluminium procurement is approached. Our solution simplifies the procurement journey and adds significant value to our customers. The strong adoption we’re seeing is a testament to the platform’s alignment with the evolving needs of businesses of all sizes in India, and we remain committed to enhancing it to serve our customers even better.”
- Stellantis
- Stamping
- Ed Daniels Jr.
- Curtis Booth
- Greg Bauer
- Wrangler
- Gladiator
- Grand Cherokee
- Hellcat
Stellantis Expands Stamping Operations In Michigan
- By MT Bureau
- June 29, 2026
European auto major Stellantis has installed a blanking press at its Warren Stamping Plant in Michigan to increase in-house production capacity. This development supports the manufacturing of components for Chrysler, Dodge, Jeep and Ram vehicles in North America.
The Warren Stamping Plant and the Sterling Stamping Plant supply components – including hoods, doors and liftgates – to assembly plants in the U.S., Canada and Mexico. These operations contribute to the volume growth targets established in the FaSTLAne 2030 strategy.
Ed Daniels Jr., Vice-President of North America injection and stamping operations, Stellantis, said, “When people think about vehicle manufacturing, they usually picture the assembly line. But stamping is where that work begins. Sterling and Warren give our North America operations the scale, speed and flexibility needed to deliver precision parts on time, support key vehicle programs and help drive sustainable, profitable growth. As Stellantis executes its USD 13 billion U.S. investment plans, these plants and the people behind them are critical to strengthening our manufacturing foundation and keeping assembly operations moving.”
The new press at the Warren facility is expected to produce between 4.5 million and 6 million parts annually for the Ram 1500, Wrangler, Gladiator and Grand Cherokee.
Curtis Booth, Vice-President and Plant Manager, Warren Stamping Plant, Stellantis, added, “The new press has the capacity to produce between 4.5 million and 6 million parts annually for vehicles, including the Ram 1500 and three Jeep models – the Wrangler, Gladiator and Grand Cherokee. Together, the Hellcat line and the new blanking press give WSP the ability to both prepare and form critical vehicle components within a highly integrated manufacturing operation.”
Quality control is maintained using the Automated Body Inspection System, which validates geometry and precision during production.
Greg ‘Butch’ Bauer, Vice-President and plant manager, Sterling Stamping Plant, Stellantis, said, “Our workforce is what makes an operation like this possible. There’s a level of ownership and pride across every shift that ensures we’re delivering the same quality and performance at all times.”
TVS Motor Company Celebrates One Millionth iQube Rollout
- By MT Bureau
- June 25, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has reached a new production milestone with the rollout of the one-millionth TVS iQube electric scooter from its manufacturing facility in Hosur.
This achievement, reached six years after the model's 2020 launch, highlights the adoption of electric two-wheelers in the Indian market.
The company said that the iQube community has achieved significant metrics since the model’s introduction, including covering 14.94 billion kilometres, 522,969 tonnes of CO2 saved, which translates to nearly plantation of 20.9 million trees.
The iQube portfolio has expanded since 2020 to include various battery capacities, range options and connectivity features. TVS Motor Co has supported this growth through a service and sales network consisting of more than 3,300 touchpoints across 3,000 cities.
Sudarshan Venu, Chairman, TVS Motor Company, said, “The rollout of one million TVS iQubes reflects the scale at which electric mobility is becoming part of everyday life in India. The milestone is built on years of investment in engineering, innovation and manufacturing capabilities that have enabled us to build world-class electric mobility solutions designed and manufactured in India for the world.”
The company credits this milestone to its focus on in-house R&D and manufacturing, noting that the iQube serves as a central element of its strategy to support India's transition to sustainable, self-reliant mobility.
Solaris Opens New Assembly Hall In Sroda Wielkopolska
- By MT Bureau
- June 24, 2026
Solaris, a leading European bus manufacturer, has opened a production hall in Sroda Wielkopolska, which further supplements the company’s manufacturing operations, including a welding plant established in the area in 1998.
The 7,000-square-metre facility is dedicated to the assembly of city buses. Previously, this stage occurred only in Bolechowo, but production will now take place at both sites. This development increases production capacity by 500 vehicles per year, bringing the firm closer to a target of 2,000 vehicles annually. The project has created 300 jobs, with additional roles generated in the supply chain.
In 2025, Solaris delivered 1,631 vehicles, of which 86 percent were battery-electric, hydrogen or trolleybus models.
The company is supplying the buses to its customers in the United States and Canada and plans to further expand its intercity bus range in Europe.
Agata Standa, CEO, Solaris, said, “We are investing in expanding our production capacity and product portfolio to meet the growing demand for sustainable transport in Europe and in new markets.”
Solaris has secured 47 hectares of land in Sroda Wielkopolska for a second facility dedicated to intercity buses, which is scheduled to reach operational status in 2029.
- NIO
- World Economic Forum
- WEF
- NIO Factory Two
- NIO F2
- Global Lighthouse Network
- GLN
- World Economic Forum
- WEF
- McKinsey & Company
- Ministry of Industry and Information Technology
- MIIT
- Super Automotive Factory
- China Automotive Technology and Research Center
NIO Factory Two Recognised As Global Lighthouse Factory By World Economic Forum
- By MT Bureau
- June 24, 2026
Chinese new energy vehicle company NIO has announced that on 22 June 2026, the World Economic Forum (WEF) officially designated NIO Factory Two (NIO F2) as a member of its Global Lighthouse Network (GLN). This recognition highlights NIO’s success in deploying Fourth Industrial Revolution technologies at scale.
The WEF selection process, conducted in partnership with McKinsey & Company, evaluated NIO F2 on its ability to integrate advanced digital and AI-driven systems. NIO was specifically recognised for:
- Integrated Ecosystem: Developing a real-time, closed-loop system that connects in-vehicle AI, battery swap networks and a digital twin platform.
- Operational Efficiency: The factory manages over 3.6 million vehicle configurations, which has successfully accelerated speed-to-market by 44 percent.
- R&D Automation: The implementation of advanced systems has allowed for the automation of 90 percent of R&D workflows.
- AI-Driven Decision Making: Approximately 80 percent of manufacturing scenarios at the facility are now supported by AI-driven decision-making, leveraging a mix of industrial AI algorithms and in-house developed foundation models.
NIO F2 is a fully digitalised smart factory located in the Xinqiao Industrial Park. Prior to this international recognition, the site earned several domestic accolades, including the National Green Factory awarded by China’s Ministry of Industry and Information Technology (MIIT) and the Super Automotive Factory designated by the China Automotive Technology and Research Center (CATARC).
Beyond its technical achievements, the factory maintains an open-engagement policy. Since 2018, NIO’s assembly plants have hosted nearly 300,000 global visitors, aiming to showcase the advancements in China’s intelligent manufacturing ecosystem.
NIO intends to use the GLN standards as a benchmark for its future manufacturing systems, continuing the integration of AI to set new standards in intelligent EV production.

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