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Indian govt considers exempting key EV components from localisation norms
However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more
LAN passive components launched by Finolex Cables, extends its LAN portfolio
These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density switches. Read more
Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India
Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more
Airbus strengthens 'Make in India' with agreements with four Indian suppliers
These contracts pertain to the production of airframe and wing parts for Airbus' A320neo, A330neo, and A350 programs.Read more
Continental ramps up manufacturing in India for connected vehicle technologies
Germany’s Continental expands local production capacities for connectivity and body electronics in tune with growing demand in the country, paving the way for future growth. It is also incorporating smart manufacturing practices to achieve superior production standards while leveraging its skilled workforce.Read more
MeitY considers independent PLI for electronics components manufacturing
It is anticipated that the ministry will engage in discussions regarding this proposal with the Ministry of Commerce and Industry, as well as NITI Aayog, to explore the potential and framework of the scheme.Read more
Igus develops a two-component injection-moulded plain bearing
New to the agricultural and construction machinery industry: with the new iglidur Q3E plain bearing, igus has - for the first time - managed to manufacture heavy-duty bearings made of two layers of high-performance plastic using a cost-effective injection-moulding process. Plastic-based, multi-layer structures previously required the winding process, which is more expensive for high volumes.Read more
Auto component sector forecasts moderate growth in FY 2024
Small and medium enterprises (SMEs) in the auto component sector are anticipating a more moderate 8-10% growth in the fiscal year 2024.Read more
Surfex introduces automated shot peening for high volumes
Surface Finishing Equipment is a pioneer in shot blasting & shot peening machine, blast room system, paint booth & baking oven systems manufacturers in India. It unveils its revolutionary robotic shot peening machine for mass production.Read more
Asus boosts Make-In-India with key manufacturing shift from China to India
With a market valuation of $15 billion, Asus is aggressively expanding its production operations in India, leveraging the government's PLI scheme.Read more
