Latest news with #SKChaddha
Time of India
6 days ago
- Automotive
- Time of India
Hinduja Group's EV bus manufacturing facility to be operational in 2 months
Lucknow: A delegation from the Hinduja Group informed the state govt on Wednesday that commercial production at the Ashok Leyland EV Bus Manufacturing facility in Lucknow is expected to commence within two months. In a meeting with Chief Secretary Manoj Kumar Singh, the delegation said that construction of the facility had been completed in a record time of 18 months. Sharing further details, a govt spokesperson said, "Senior representatives from the Hinduja Group held discussions with state government officials on exploring strategic partnerships and investment opportunities in electric vehicles , EV charging infrastructure, media, renewable energy, insurance, and financial services." The Hinduja Group delegation was led by senior advisor Dr SK Chaddha, MD & CEO of Gulf Oil Ravi Chawla, and MD of HGS Limited Vynsley Fernandes, among others. They presented their expansion plans and requested support in the form of additional land. The company outlined its vision to develop 3–4 GW of renewable energy capacity in Uttar Pradesh, including key projects such as a 600 MW plant in Jhansi and a 1,000 MW Sukhnai Pumped Storage Project in Mirzapur. Additionally, NXTDIGITAL presented its proposals aimed at bridging the digital divide in Uttar Pradesh.
The Print
6 days ago
- Automotive
- The Print
Hinduja Group eyes strategic investments in EVs, energy and banking in Uttar Pradesh
Discussions focused on exploring strategic partnerships and investment opportunities in electric vehicles, EV charging infrastructure, media, renewable energy, insurance, and financial services. The meeting with senior representatives from the Hinduja Group was chaired by Uttar Pradesh Chief Secretary Manoj Kumar Singh, an official statement issued here said. Lucknow, Jul 16 (PTI) Hinduja Group expressed keen interest in investing across key sectors like EVs, energy and banking in Uttar Pradesh at a high-level investment review meeting on Wednesday at the Invest UP office here. The Hinduja Group delegation was led by SK Chaddha, senior advisor, along with Ravi Chawla, MD and CEO of Gulf Oil and Vynsley Fernandes, MD & CEO of HGS Limited, it said. Various Hinduja Group companies, including IndusInd Bank, IndusInd Insurance, Gulf Oil, Hinduja Renewables, NXTDIGITAL, and Ashok Leyland, made detailed presentations to the Chief Secretary and senior government officials. Ashok Leyland highlighted the rapid completion, within 18 months, of its electric bus manufacturing facility in Lucknow. Commercial production at the facility is expected to begin within the next two months. The company also requested additional land to support expansion plans for future growth, it said. Gulf Oil, one of the world's largest independent downstream lubricant companies operating in over 100 countries, showcased its business profile and future-ready EV lubricant offerings. The company also presented its capabilities in EV charging infrastructure, offering end-to-end solutions, including AC/DC chargers and proprietary software for vehicles ranging from two-wheelers to electric buses, the statement said. Gulf Oil proposed support in establishing a robust EV charging network across the state, it said. IndusInd Bank showcased its growing footprint in the state, now operating in 57 districts with 186 branches and 230 ATMs, reflecting a commitment to financial inclusion and accessible banking services across the state. NXTDIGITAL, another key Hinduja Group entity, presented its potential to bridge the digital divide in the state. Additionally, the statement said the Hinduja Group expressed strong interest in contributing to the state's vision of becoming a USD 1 trillion economy. PTI ABN SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
6 days ago
- Automotive
- Time of India
Hinduja Group eyes strategic investments in EVs, energy and banking in Uttar Pradesh
Hinduja Group expressed keen interest in investing across key sectors like EVs, energy and banking in Uttar Pradesh at a high-level investment review meeting on Wednesday at the Invest UP office here. The meeting with senior representatives from the Hinduja Group was chaired by Uttar Pradesh Chief Secretary Manoj Kumar Singh, an official statement issued here said. Explore courses from Top Institutes in Select a Course Category PGDM Finance Product Management Project Management Degree Leadership Public Policy Management Data Science healthcare Design Thinking Data Science Cybersecurity Data Analytics Artificial Intelligence Operations Management MCA Healthcare MBA Digital Marketing CXO others Technology Others Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details Discussions focused on exploring strategic partnerships and investment opportunities in electric vehicles, EV charging infrastructure , media, renewable energy, insurance, and financial services. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experience next-level CPAP comfort with Resmed AirSense 11 ResMed Buy Now Undo The Hinduja Group delegation was led by SK Chaddha, senior advisor, along with Ravi Chawla, MD and CEO of Gulf Oil and Vynsley Fernandes, MD & CEO of HGS Limited, it said. Various Hinduja Group companies, including IndusInd Bank , IndusInd Insurance, Gulf Oil, Hinduja Renewables , NXTDIGITAL, and Ashok Leyland , made detailed presentations to the Chief Secretary and senior government officials. Live Events Ashok Leyland highlighted the rapid completion, within 18 months, of its electric bus manufacturing facility in Lucknow. Commercial production at the facility is expected to begin within the next two months. The company also requested additional land to support expansion plans for future growth, it said. Gulf Oil, one of the world's largest independent downstream lubricant companies operating in over 100 countries, showcased its business profile and future-ready EV lubricant offerings. The company also presented its capabilities in EV charging infrastructure, offering end-to-end solutions, including AC/DC chargers and proprietary software for vehicles ranging from two-wheelers to electric buses, the statement said. Gulf Oil proposed support in establishing a robust EV charging network across the state, it said. IndusInd Bank showcased its growing footprint in the state, now operating in 57 districts with 186 branches and 230 ATMs, reflecting a commitment to financial inclusion and accessible banking services across the state. NXTDIGITAL, another key Hinduja Group entity, presented its potential to bridge the digital divide in the state. Additionally, the statement said the Hinduja Group expressed strong interest in contributing to the state's vision of becoming a USD 1 trillion economy.
