Tata Motors hits 10 lakh commercial vehicle milestone at Lucknow plant

(Photo: Tata Motors)

New Delhi, (IANS) Indian commercial vehicle manufacturer Tata Motors Ltd on Wednesday announced the rollout of its 10th lakh vehicle from its Lucknow plant.

The rollout also marked three‑and‑a‑half decades of operations in Uttar Pradesh, the company said in a release.

In his reaction, Uttar Pradesh Chief Minister Yogi Adityanath said: "The rollout of 10 lakh trucks and buses from Tata Motors’ Lucknow facility is a moment of pride for the entire state. It is a recognition of the state’s capabilities and immense potential, as well as of its talented people."

"Our vision is to transform Uttar Pradesh into a one‑trillion‑dollar economy, with industry and entrepreneurs playing a pivotal role in this journey. The state offers a conducive ecosystem for scalable businesses, supported by a vast consumer market, a young, skilled workforce, and seamless connectivity," he said.

Tata Motors’ success in Uttar Pradesh reflects the strength of this ecosystem and reinforces the state's commitment to fostering responsible industrial growth, creating jobs, building skills and advancing sustainable socio‑economic development, he added.

The milestone vehicle was a zero-emission electric bus, and it highlighted the shared commitment of Uttar Pradesh and Tata Motors to green mobility, aligned with the state’s net-zero 2070 vision and the company’s net-zero target of 2045, the company said.

On this occasion, Tata Sons Chairman N. Chandrasekaran said that the production of Tata Motors' 10th lakh commercial vehicle from its Lucknow facility reflects the strength of its longstanding partnership with Uttar Pradesh.

"Over more than three decades, this collaboration has demonstrated how industry, government and communities can come together to drive industrial excellence, create livelihoods and build capabilities at scale," he added.

"As India’s commercial vehicle industry is undergoing rapid transformation towards cleaner, smarter and more efficient mobility solutions, this milestone underscores Tata Motors’ leadership in shaping the future of mobility," he said, as per the release.

The Lucknow facility, established in 1992 and spread over about 600 acres, has an annual capacity of over one lakh vehicles and supports over 8,000 livelihoods.

It builds industry‑relevant skills through flagship training programmes, and operates as a water‑positive facility powered by 100 per cent renewable energy, the auto manufacturer said.It manufactures a comprehensive range of cargo and passenger commercial vehicles across multiple powertrains, including next-generation zero-emission electric buses and trucks, as well as fuel cell electric vehicles (FCEVs). Tata Motors hits 10 lakh commercial vehicle milestone at Lucknow plant | MorungExpress | morungexpress.com

Read More........ → April 21, 2026

Airtel and partners pump $1bn into Nxtra data centres

The transaction is designed to accelerate Nxtra’s buildout of large-scale and edge facilities to serve enterprises, hyperscalers, and government customers across India.

Bharti Airtel has secured a $1 billion equity infusion for its data centre arm Nxtra Data from a consortium led by Alpha Wave Global, with participation from The Carlyle Group, Anchorage Capital and Airtel itself, the company said.

Under the terms disclosed, Alpha Wave Global will contribute $435 million, Carlyle $240 million, Anchorage Capital $35 million, with Airtel investing the remainder. Final investor stakes will be subject to post-closing adjustments and customary approvals.

According to reporting, the deal will see Nxtra valued at roughly $3.1 billion, with Airtel remaining the controlling shareholder.

The capital will be applied primarily to capacity expansion, with Nxtra planning to grow from about 300 MW today to a targeted 1 GW, aiming t control roughly a quarter of India’s data centre market.

Headquartered in New Delhi, Nxtra already operates 14 major data centres and more than 120 edge facilities across India, with recent openings in Pune and active development of AI-ready campuses in Chennai, Mumbai, and Kolkata.As always, the deal is subject to typical regulatory approvals. Airtel and partners pump $1bn into Nxtra data centres - Total Telecom:

Read More........ → April 20, 2026

Nuclear energy included in JPMorganChase USD1.5 trillion initiative

(Image: Thomas Breher/Pixabay)

JPMorganChase has announced it will make direct investments of up to USD10 billion as part of a USD1.5 trillion initiative to address pressing needs in key sectors from critical minerals to frontier technologies, including nuclear energy.

The USA-based financial services firm's newly announced Security and Resiliency Initiative is a 10-year plan to facilitate, finance and invest in industries critical to national economic security and resiliency. The initiative, which expands the firm's existing plans to "facilitate and finance" some USD1 trillion over the next decade, will see it make direct equity and venture capital investments to help select companies, primarily in the USA, to enhance their growth, spur innovation, and accelerate strategic manufacturing.

JPMorganChase said it will focus on four key areas, with 27 sub-areas, to support companies across all sizes and development stages by offering advice, providing financing, and, in some cases, investing capital. The initial list of 27 sub-areas will be refined and augmented over time.

The four key areas are:

• Supply Chain and Advanced Manufacturing, including critical minerals, pharmaceutical precursors and robotics

• Defence and Aerospace, including defence technology, autonomous systems, drones, next-gen connectivity and secure communications

• Energy Independence and Resilience, including battery storage, grid resilience and distributed energy

• Frontier and Strategic Technologies, including AI, cybersecurity and quantum computing

Nuclear energy - specifically, "power generated through next generation nuclear tech" - is identified as a sub-area under the Energy Independence and Resilience key theme. "Diversified sources of energy production and the modernisation and resiliency of the grid will be imperative to the national interest and advancing artificial intelligence," the company notes. The other sub-areas under this theme are grid resilience, distributed energy, battery storage and solar.

"It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing - all of which are essential for our national security," said Jamie Dimon, Chairman and CEO of JPMorganChase. "Our security is predicated on the strength and resiliency of America's economy. America needs more speed and investment. It also needs to remove obstacles that stand in the way: excessive regulations, bureaucratic delay, partisan gridlock and an education system not aligned to the skills we need."

The new initiative "includes efforts like ensuring reliable access to life-saving medicines and critical minerals, defending our nation, building energy systems to meet AI-driven demand and advancing technologies like semiconductors and data centres", Dimon added.

The firm also said it will advocate for policies that can accelerate these efforts, including research and development, permitting, procurement and regulations conducive to growth. "As the bank intensifies its focus on these essential industries, it will also continue to work closely with its community and business partners to champion these sectors, foster talent and support skills training to ensure companies can fill critical jobs," it said.With operations worldwide, JPMorganChase & Co had USD4.6 trillion in assets and USD357 billion in stockholders' equity as of 30 June, and serves its customers under the JP Morgan and Chase brands Nuclear energy included in JPMorganChase USD1.5 trillion initiative

Read More........ → April 02, 2026