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Hindustan Times
27-06-2025
- Automotive
- Hindustan Times
Auto recap, June 26: 2025 Indian Motorcycle range launched, JLR to begin local assembly and more
Chief Bobber Dark Horse is the most affordable motorcycle in the brand's portfolio. The prices start at ₹23.52 lakh ex-showroom. Notify me The automotive industry is experiencing rapid changes, which makes it difficult to stay informed about all the latest advancements. At HT Auto, we are dedicated to delivering the most relevant and current information as it becomes available. Below is a concise overview of the key highlights from Wednesday, June 25. 2025 Indian Motorcycle range launched Indian Motorcycle, celebrated as the first motorcycle manufacturer in America, has officially announced the pricing for its 2025 heavyweight lineup in India. The refreshed collection features some of the most legendary cruisers and touring bikes within the brand's offerings—specifically the Chief, Chieftain, Challenger, Pursuit, and Roadmaster. Every model in the 2025 collection showcases Indian Motorcycle's dedication to superior craftsmanship, exceptional engineering, and a commanding presence on the road. Ranging from minimalist cruisers to extensive touring vehicles, the brand persistently serves riders who desire power, prestige, and an authentic American riding experience. Also Read : Indian Motorcycle announces prices of MY25 bikes. Here's what's on offer JLR to begin local assembly Jaguar Land Rover (JLR), which is owned by Tata Motors, is set to initiate the local assembly of its vehicles in Tamil Nadu, beginning in 2026. This information was confirmed by Tata Motors' Group CFO, PB Balaji, during a recent media engagement. The company intends to start completely knocked down (CKD) operations at the Ranipet facility in Tamil Nadu from the beginning of 2026. Currently, JLR assembles its luxury cars locally at Tata's Pune facility, and will gradually transition to the new Ranipet plant. Tata intends to allocate approximately ₹ 9,000 crore towards the forthcoming Ranipet plant, which is essential for JLR's future strategy. This facility will manufacture the next generation of vehicles for both Tata Motors and JLR, boasting an installed capacity of 250,000 units once it is fully operational. Nevertheless, production will commence in a phased approach, with the goal of reaching full capacity within five to seven years. Also Read : JLR to begin local assembly at Tamil Nadu plant from 2026 Mercedes-Benz AMG GT XX Concept unveiled Mercedes-AMG has formally introduced the GT XX, signifying a significant milestone as its inaugural purpose-built electric concept. Unveiled on June 25, 2025, this four-door GT is not just a design study—it serves as a preview of the manufacturer's first production vehicle constructed entirely on the specialized skateboard architecture. Also Read : Mercedes-Benz AMG GT XX Concept unveiled with 360 kmph top speed Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 27 Jun 2025, 08:00 AM IST
Time of India
27-06-2025
- Business
- Time of India
Tata Plans ₹500cr Trust for Families of Crash Victims
Tata Sons , the holding company of the Tata Group, has sought board approvals to set up a trust that will extend financial support to the families of the victims of the Air India crash in Ahmedabad. At an interim board meeting Thursday, chairman N Chandrasekaran apprised the board of the proposed trust structure, multiple sources told ET. Approvals have been sought for an estimated ₹500-crore allocation to the entity, said one of the sources cited above. Tata Sons had earlier considered setting up separate trusts — one for families of Indians and the other for foreign nationals who died in the crash. According to sources, the funds will be used for compensation payouts to the families of the 271 victims, medical care, and renovation of the affected medical school, where several facilities were gutted by the smouldering fuselage of the ill-fated aircraft that fell from the skies moments after take-off. The rest of the corpus will be earmarked for the long-term needs of the affected families. The trust, which is expected to be registered soon, will support both Indian citizens and foreign nationals, including several British passengers on board the flight. The initiative is being led by PB Balaji, group CFO of Tata Motors, who brings extensive experience in regulatory, financial, and corporate governance matters. The trust will also include individuals from outside the Tata Group to ensure robust governance and compliance, sources said. Tata Trusts is also likely to contribute to the fund. The board meeting was attended by Tata Trust nominees Noel Tata, Venu Srinivasan, and Vijay Singh. There are significant legal complexities related to claims from the crash, sources added. Tata Sons did not comment. PB Balaji is overseeing the framework and implementation of the trusts to ensure they remain compliant, transparent, and sensitive to the specific legal and cultural contexts of the affected families. The trust will be structured to provide sustained financial support to immediate family members, covering essentials such as children's education, healthcare, and daily living expenses. This goes beyond a one-time ex-gratia payment. The approach echoes the Tata Group's response to the 26/11 Mumbai terror attacks in 2008, when a trust was set up to offer long-term financial and emotional support to employees and their families of the Taj Mahal Palace Hotel, operated by the Tata-owned Indian Hotels Company Ltd.
Economic Times
27-06-2025
- Business
- Economic Times
Tata Sons plans trust for families of Air India plane crash victims with an outlay of ₹500 cr
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: Tata Sons , the holding company of the $400-billion Tata Group , has sought board approvals to set up a trust that will extend financial support to the families of the victims of the June 12 Air India crash in Ahmedabad. At an interim board meeting Thursday, chairman N Chandrasekaran apprised the board of the proposed trust structure, multiple sources told have been sought for an estimated Rs 500-crore allocation to the entity, said one of the sources cited above. The holding company of the Tata Group had earlier considered setting up two separate trusts - one for families of Indian citizens and the other for foreign nationals who died in the crash of the London-bound to sources, the funds will be used for compensation payouts to the families of the 271 victims, medical care, and renovation of the affected medical school, where several facilities were gutted by the smouldering fuselage of the ill-fated aircraft that fell from the skies moments after rest of the corpus will be earmarked for the long-term needs of the affected trust, which is expected to be registered soon, will support both Indian citizens and foreign nationals, including several British passengers on board the initiative is being led by PB Balaji, group CFO of Tata Motors , who brings extensive experience in regulatory, financial, and corporate governance to sources, the funds will be used for compensation payouts to the families of the 271 victims, medical care, and renovation of the affected medical school, where several facilities were gutted by the smouldering fuselage of the ill-fated aircraft that fell from the skies moments after rest of the corpus will be earmarked for the long-term needs of the affected trust, which is expected to be registered soon, will support both Indian citizens and foreign nationals, including several British passengers on board the initiative is being led by PB Balaji, group CFO of Tata Motors, who brings extensive experience in regulatory, financial, and corporate governance trust will also include individuals from outside the Tata Group to ensure robust governance and compliance, sources Trusts is also likely to contribute to the fund. The board meeting was attended by Tata Trust nominees Noel Tata, Venu Srinivasan, and Vijay are significant legal complexities related to claims from the crash, sources added. Tata Sons did not Balaji is overseeing the framework and implementation of the trusts to ensure they remain compliant, transparent, and sensitive to the specific legal and cultural contexts of the affected families. The trust will be structured to provide sustained financial support to immediate family members, covering essentials such as children's education, healthcare, and daily living expenses. This goes beyond a one-time ex-gratia approach echoes the Tata Group's response to the 26/11 Mumbai terror attacks in 2008, when a trust was set up to offer long-term financial and emotional support to employees and their families of the Taj Mahal Palace Hotel, operated by the Tata-owned Indian Hotels Company Ltd.
Time of India
27-06-2025
- Business
- Time of India
Tata Sons plans trust for families of Air India plane crash victims with an outlay of ₹500 cr
Tata Sons is seeking board approval to establish a trust with an estimated allocation of ₹500 crore to support the families of the 271 victims of the Air India crash in Ahmedabad. The trust will provide compensation, medical care, and long-term assistance to both Indian and foreign nationals affected by the tragedy. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: Tata Sons , the holding company of the $400-billion Tata Group , has sought board approvals to set up a trust that will extend financial support to the families of the victims of the June 12 Air India crash in Ahmedabad. At an interim board meeting Thursday, chairman N Chandrasekaran apprised the board of the proposed trust structure, multiple sources told have been sought for an estimated Rs 500-crore allocation to the entity, said one of the sources cited above. The holding company of the Tata Group had earlier considered setting up two separate trusts - one for families of Indian citizens and the other for foreign nationals who died in the crash of the London-bound to sources, the funds will be used for compensation payouts to the families of the 271 victims, medical care, and renovation of the affected medical school, where several facilities were gutted by the smouldering fuselage of the ill-fated aircraft that fell from the skies moments after rest of the corpus will be earmarked for the long-term needs of the affected trust, which is expected to be registered soon, will support both Indian citizens and foreign nationals, including several British passengers on board the initiative is being led by PB Balaji, group CFO of Tata Motors , who brings extensive experience in regulatory, financial, and corporate governance to sources, the funds will be used for compensation payouts to the families of the 271 victims, medical care, and renovation of the affected medical school, where several facilities were gutted by the smouldering fuselage of the ill-fated aircraft that fell from the skies moments after rest of the corpus will be earmarked for the long-term needs of the affected trust, which is expected to be registered soon, will support both Indian citizens and foreign nationals, including several British passengers on board the initiative is being led by PB Balaji, group CFO of Tata Motors, who brings extensive experience in regulatory, financial, and corporate governance trust will also include individuals from outside the Tata Group to ensure robust governance and compliance, sources Trusts is also likely to contribute to the fund. The board meeting was attended by Tata Trust nominees Noel Tata, Venu Srinivasan, and Vijay are significant legal complexities related to claims from the crash, sources added. Tata Sons did not Balaji is overseeing the framework and implementation of the trusts to ensure they remain compliant, transparent, and sensitive to the specific legal and cultural contexts of the affected families. The trust will be structured to provide sustained financial support to immediate family members, covering essentials such as children's education, healthcare, and daily living expenses. This goes beyond a one-time ex-gratia approach echoes the Tata Group's response to the 26/11 Mumbai terror attacks in 2008, when a trust was set up to offer long-term financial and emotional support to employees and their families of the Taj Mahal Palace Hotel, operated by the Tata-owned Indian Hotels Company Ltd.
Hindustan Times
26-06-2025
- Automotive
- Hindustan Times
JLR to begin local assembly at Tamil Nadu plant from 2026
The upcoming Ranipet facility in Tamil Nadu will be ready by early 2026, with a dedicated plant for JLR's CKD assembly (Image used for representational purposes) Check Offers Tata Motors-owned Jaguar Land Rover (JLR) will commence local assembly of its models in Tamil Nadu, starting in 2026. Tata Motors' Group CFO, PB Balaji, confirmed the development during a recent media interaction. The automaker plans to begin completely knocked down (CKD) operations at the Ranipet facility in Tamil Nadu from early 2026. At present, JLR locally assembles its luxury vehicles at Tata's Pune facility, and will migrate to the new Ranipet plant over time. Tata's New Ranipet Plant To Assemble JLR Models Tata plans to invest about ₹ 9,000 crore in the upcoming Ranipet plant, which will be crucial to JLR's future strategy. The facility will produce the next generation of vehicles for both Tata Motors and JLR, and will have an installed capacity of 250,000 units when fully operational. However, production will begin in a phased manner, with full capacity to be achieved over five to seven years. Also Read : JLR India sales jump 36% in H1 FY2025 as local assembly strategy pays off JLR has been assembling its vehicles in India since 2011. The brand assembles the Range Rover Evoque and Velar, as well as the Discovery Sport, at the Pune plant. Moreover, the flagship Range Rover LWB and Range Rover Sport have been locally assembled in India since last year. The Range Rover Evoque and Velar could be the first models to be assembled from JLR's lineup at the Ranipet plant Tata's new Ranipet plant will be a greenfield manufacturing facility with a dedicated space for the CKD operations. A recent report suggests that the Evoque and Velar will be the first models to be assembled at the plant. The Defender and Discovery could be next. The automaker, though, has yet to announce the same officially. The new facility is expected to create over 5,000 employment opportunities, both direct and indirect, upon full operationalisation. Also Read : 2026 Land Rover Defender revealed: 5 major upgrades on the luxury off-roader In addition to JLR models, the Ranipet plant will be crucial for Tata cars as the brand steps up production to meet growing demand. The facility is expected to produce the upcoming Avinya range, as well as future JLR electric models, making it a highly sought-after plant in the automaker's global ambitions. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 26 Jun 2025, 08:04 AM IST
