The company has discontinued TBR production at its Modipuram plant in Meerut, Uttar Pradesh, effective June 2, 2025.

“This is a logical next step following the demerger of the Tata Motors Commercial Vehicle business and will allow the combined group to compete on a truly global basis, ......"

In its initial phase, the JV will start by supplying differential housings sourced from India before expanding to local manufacturing in China.

"India's construction and mining sector continues to be one of our strongest business pillars, powering the next phase of national development. We're seeing a decisive shift as large contractors invest in owned assets for better control and long-term returns." Satyakam Arya, Managing Director and CEO of Daimler India Commercial Vehicles.

This rollout comes as India prepares for the government mandate requiring all N2 and N3 category trucks manufactured from October 1, 2025, to feature air conditioned cabins.

The companies announced a comprehensive range of commercial vehicles for the Egyption market.

The trucks are to be manufactured at Mahindra’s state-of-the-art facility in Chakan, Maharashtra.

The JV, which is called Tata Katcon Composites S.A. de C.V., is expected to produce body and a selection of structural components for both body and chassis of passenger and commercial vehicles.

Under the agreement, more than 8,000 EV charging points nationwide from Statiq’s network will be integrated into VECV’s “My Eicher” fleet management app.

The contract is worth an estimated USD22 million.

For the CV sector IAC India produces cabin interior components such as dashboards, door trims, headliners, floor consoles, and cockpit modules.

The joint venture will acquire Valeo’s Indian lighting business, operating currently under Valeo Lighting Systems (VLS).