Auto industry: Localisation movement needs government support

While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for I Read more...

With Scrappage Policy auto industry can revive faster

The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930. Read more...

Atmanirbhar Bharat package lacks immediate stimulus for auto sector: SIAM

Reduction in the GST rates from 28 to 18 per cent for a limited period and an incentive-based vehicle scrappage policy would have made a less painful revival. Read more...

Coronavirus disrupts forging and auto component industries in India

The association also observed that the commercial, passenger and the two wheeler segments will be severely affected. Read more...

Auto industry is driving the demand for cutting tools: L Krishnan

In this interview, L Krishnan, Managing Director, TaeguTec India Pvt Ltd, tracks development in metalworking industry and its impact on cutting tools suppliers. Read more...

“Demand for water-based coatings is growing in auto industry”

The Indian auto industry, which has started to show strong growth since last 4-5 years, is emerging as a major export hub for the global market. As a result, automotive coating market - especially the refinish coating segment - has been growing in double digits. Read more...

Auto industry ‘forging’ ahead

The current disruptions in the auto sector such as policy changes, introduction of EVs and pollution norms can badly impact the industries that exclusively deal with metal parts. On the other hand, the boom of Industry 4.0 can boost its growth. Will the casting and forging industry thrive in the future? Read more...

Indian engineering plastics market is will grow at CAGR of over 13%

German specialty chemicals major Lanxess is one of the leading suppliers of high-tech plastics for the automotive and electronic industries. Read more...

Robotics & computing are key drivers for Dow's R&D productivity

Dr A N Sreeram is the Senior VP and Chief Technology Officer of The Dow Chemical Company - the Midland (Michigan, USA) headquartered firm that has been recognised with more US Presidential Green Chemistry awards than any other company. Read more...