EV sales stay on fast track in June; E2W sales cross 5 lakh in Q1 | Chennai News

Chennai: India’s electric vehicle (EV) market sustained its growth momentum in June, with monthly registrations rising to 2.9 lakh units and EV penetration climbing to around 12%, underscoring the rapid mainstream adoption of battery-powered mobility.The June tally was nearly one lakh units higher than the 1.9 lakh registrations recorded a year ago and surpassed May’s…

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Sanmar scales up engineering JVs as it prepares for capex revival | Chennai News

Vijay Sankar, chairman of the Sanmar Group Chennai: Sanmar Group is positioning its Rs 2,000-crore engineering division for the next phase of growth by expanding capacities across its long-standing joint ventures, targeting opportunities in emerging sectors and evaluating new areas such as warehousing and semiconductors.The Chennai-headquartered diversified group, which is celebrating 50 years of its…

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AIADMK rebels reject EPS’s postings | Chennai News

CHENNAI: Amid desertions, another rebellion has raised its head again in AIADMK. Several former ministers and senior functionaries on Tuesday rejected the posts party general secretary Edappadi K Palaniswami had offered as truce, multiple sources told TOI.The functionaries sent a letter to EPS expressing displeasure over his style of functioning. The signatories included former ministers…

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TN can triple defence electronics output to ₹37,000 cr by 2040: DRDO | Chennai News

Tamil Nadu has the potential to emerge as a major defence electronics manufacturing hub over the next decade, with the state’s annual production opportunity projected to more than triple from ₹11,500 crore in 2030 to ₹37,000 crore by 2040, according to BK Das, Distinguished Scientist and Director General (Electronics and Communication Systems), DRDO.The growth is…

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