Globally, Freudenberg Group’s operating profit reaches Euro 1.1 billion, surpassing the 1 billion mark for the first time (up 15 percent). Read more...

This collaboration underscores Greaves Cotton's endeavour to leverage Tsuyo's expertise in electric vehicle technology and manufacturing machinery to enhance its capabilities in the electric L3 vehicle domain. Read more...

Naxnova’s next generation products are thin, flexible, lightweight and sustainable in the areas of illumination, smart surfaces, safety sensors, thermal management, etc. Read more...

Despite the global turmoil, the Indian tooling industry performed exceptionally well in 2023. With emerging segments (like electric vehicles, railways, aerospace, etc) opening up new avenues of growth, Indian tool makers are expecting an even more successful 2024, says Rakesh Rao. Read more...

BorgWarner highlighted latest high-voltage drivetrain developments including eMotor, inverter, and integrated drive module at the Symposium on International Automotive Technology (SIAT) 2024 in Pune. Read more...

In this interview with Rakesh Rao, Gajanan Gandhe, Country Head and Vice President of Dana India, explains how the auto component manufacturer is helping auto makers in achieving their Net Zero goals. Read more...

Automotive Component Manufacturers Association of India announces industry performance review for the first half of fiscal year 2023-24 which shows growth in exports and imports by 2.7 per cent and 3.6 per cent respectively. Read more...

In this interview M K Narasinga Rao, MD, Magal Engineering Co, shares details about the company’s future plans and new solutions for electric vehicles (EV) and precision sheet metal industries. Read more...

Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year. Read more...

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme. Read more...

With the opening of its new 3S facility in Varanasi, Automotive Manufacturers will provide support to Ashok Leyland customers in the region. Read more...

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...

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...

A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022. Read more...

Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors. Read more...

According to the International Monetary Fund (IMF), India is poised to remain a significant contributor to the global economy, accounting for approximately 15 per of global economic growth in CY 2023. Read more...

The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II. Read more...

The ‘Great Place To Work’ (GPTW) institute is globally recognized as an authority on workplace culture. Read more...

In this interview, C S Shivashankaraiah, Managing Director, Trishul Machine Tools Pvt Ltd, highlights importance of polygon turning machines and the company’s future plans. Read more...

Sandeep Nelamangala has been appointed Joint Managing Director of Bosch Limited. Soumitra Bhattacharya to retire as President of the Bosch Group in India and from the Board of Management of Bosch Limited Read more...

While there are many advantages for India to shift to electromobility, the transition is filled with challenges. In this article, Tia Bhatnagar shares in detail the challenges in EV adoption and also provides possible solutions for Indian EV transition. Read more...

This will mark Shriram Pistons & Rings Ltd's foray into the manufacturing of the precision injection moulded components. Read more...

Eranti has been an independent director of Schaeffler India Limited Board since 2020. With over 25 years of experience in business leadership, technology, consulting and financial services industry, Eranti brings a wealth of knowledge and experience to her new role. Read more...

Godrej Tooling has supplied dies for the dash panel and main floor of the new Innova Hycross. Godrej Tooling has increased its investment by 10 per cent YoY on R&D towards a portfolio of tools and dies with a special focus on the EV industry. Read more...

In this interview with Rakesh Rao, Gajanan Gandhe, Country Head & VP, Dana India, elaborates on the company's India business and trends in the auto industry. Read more...

In this interview with Rakesh Rao, Pankaj Abhyankar, Senior Vice President and Business Head, Godrej Tooling, explains new opportunities for component makers in automotives, especially in electric vehicles, and how his company is supporting the growth of this industry. Read more...

The Group demonstrated its latest technologies in the fields of greener, safer, and smarter mobility with a special focus on the four pillars of its “Move Up Strategy” Read more...

The process of bending metal tubes is historically a labour-intensive one fraught with potential errors and safety issues. Automating this task could offer many benefits, says Emily Newton. Read more...

This scalable e-machine platform will set standards in terms of smooth operation and efficiency, thus maximising vehicle range. Read more...

With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector. Read more...

As a technology leader, the company is enabling a reduction in GHG emissions through low-carbon mobility. Sona Comstar has increased its revenue share from Battery Electric Vehicles (BEVs) from 1.3 per cent in FY19 to 25 per cent in FY22. In absolute terms, it has grown 28 times to Rs 5 billion. Read more...

The SEZ Unit, with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers in the automotive industry and will operate as the third manufacturing unit of JS Auto. Read more...

The company will exhibit a wide range of reliable and efficient products across engine, chassis and transmission solutions at Auto Expo Components 2023. It will also display a comprehensive range of oil & lubricant offerings along with other consumables under the Schaeffler TruPower brand. Read more...

The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more...

The event is essential in exhibiting the most recent innovations in automotive components for cars, trucks, electric vehicles, bearings, garage equipment, and spare parts in many markets. Read more...

Rapid growth in the automotive and other industrial sectors - aided by the government's PLI schemes - augurs well for the Indian machine tools sector. With the green shoots being evidently visible, business prospects of the machine tools industry is expected to improve further in the coming years, says Rakesh Rao. Read more...

While exports grew by 8.6% to $ 10.1 billion, imports were up by 17.2% to $ 10.1 billion. Read more...

The new greenfield facility, which will be the company's 28th plant, is equipped with advanced machines backed by cutting-edge technology. Read more...

The acquisition will strengthen BorgWarner’s specialty power electronics capabilities and supports growth of high voltage e-fan business. Read more...

The Bangalore technical R&D center will focus on major technology areas of Marelli such as electronics, automotive lighting and both internal combustion powertrain and electric powertrain. Read more...

The new plant - located near Chennai - will provide extensive space for manufacturing and assembly of Variable Cam Timing, which is used to optimise efficiency and reduce emissions in combustion-powered vehicles Read more...

In the recent past, the company conducted multiple raids with the help of enforcement agencies against counterfeiters of LuK and FAG products across key metros - Delhi, Kolkata, Coimbatore, and Hyderabad. Read more...

Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more...

With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more...

Aluminium is currently the second most used metal in vehicles and the fastest growing, a clear indication of the metal’s growing prominence in automobile manufacturing. Read more...

BorgWarner's Chennai plant completes 1 mn accident-free working hours Read more...

The four-day event will not only showcase various technological developments for the booming die and mould industry, but also highlight opportunities and challenges as well as provided a platform for toolmakers to learn from the user industry. Read more...

Currently, Bosch produces the latest Generation 9.3 Anti-lock Braking System (ABS) and Electronic Stability Program (ESP) units with local engineering support for customers in India Read more...

A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao. Read more...

Ninety two auto component manufacturers had applied for the scheme, which has sanctioned outlay of Rs 26,000 crores for the automotive sector Read more...

The system, a key technology in electric vehicles, is developed and produced in-house by Marelli, that will also provide the related software. Read more...

The technology can be used for passenger cabin heating, improving battery energy performance and fast charging speed. Read more...

Birla Precision Technologies, Dagger Forst, cutting tools, gear cutting tools, Vedant Birla, Tool Bits, machine tools, Kennametal, Precision Components, Hydraulic Components, auto Components, Engine Components Read more...

Mysuru plant is one of the 25 manufacturing units globally to bag the honour for 2021 Read more...

Engineering goods sector - which constitutes the largest (more than 27%) share of India’s total exports basket - recorded exports of $ 81.8 billion during April-December 2021 as compared to $ 52.9 billion during the first nine months (9M) of 2019-20. Read more...

Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industry Read more...

The all-electric Ra314 powertrain will be manufactured by Omega Seiki Mobility at its facility in Faridabad and in Pune at its group company, Omega Bright Steel and Components’ facility Read more...

Auto component manufacturers have now, by and large, recovered and the investment cycle has also commenced, according to Sunjay Kapur, President, Automotive Component Manufacturers Association of India (ACMA). Read more...

E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools. Read more...

This new production line, fully equipped with industry 4.0 and next-gen advancements, is capable to manufacture premium quality viscous dampers with cutting-edge laser welding technology that supports heavy-duty OEMs in reducing vehicle engine NVH (noise, vibration, harshness) and vehicle downtime. Read more...

The global automotive aftermarket industry is expected to grow to $ 529.25 billion by 2028 and such events help in expanding the market through newer networks, innovative launches and renewed partnerships Read more...

Ford Motor Company, HellermannTyton, and DSM Engineering Materials have won an Innovation Award from the Society of Plastics Engineers (SPE) for the use of Akulon RePurposed recycled ocean plastic in the Ford Bronco Sport. Read more...

New facility will expand the production footprint in Hosur for transmission components and systems Read more...

PBT (polybutylene-terephthalate) compound can withstand the high temperatures under the hood in a car, even in very humid conditions. Read more...

The new toolroom will localise tools for the domestic market (previously imported), specific for the lighting domain, that were previously imported, enhancing the country’s local capabilities. Read more...

Technology to power second generation of major OEM’s heavy-duty electric truck. HVH250 electric motor offers industry-leading efficiency, power and torque density Read more...

Pocan B3233HRLT (hydrolysis-resistant, laser transparency), which is already used in a range of large-series applications, can be employed to manufacture, for example, housings for mechatronic actuators for swirl control. Read more...

Located centrally, Madhya Pradesh is a beneficiary of mega infrastructure projects, with both North-South and East-West corridor crossing the state. There has been a rapid increase in industrial investment in Madhya Pradesh in the recent months and the state expects to sustain the growth momentum in the future. Read more...

Established in 1998 in Troy (Michigan, USA), Detroit Engineered Products (DEP) - an engineering services, product development, software development and talent acquisition company - today is a global company with footprints in Europe, China, Korea, Japan and India. Read more...

Thanks to the application of the World Class Manufacturing (WCM) methodology, FPT Industrial’s activities have been undergoing a process of continuous improvement and achieving increasingly higher levels of competitiveness. Read more...

As auto industry starts to rebound (after witnessing a slowdown during pandemic), Nitin Lall, GM, Industrial Technique, Atlas Copco, lists down a few technology trends that will transform the automotive manufacturing industry in 2021 Read more...

SPC56 automotive microcontrollers, which we launched in 2014, are deployed in millions of powertrain, chassis, and body-electronics applications worldwide. Read more...

As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more...

Manav Kapur, Executive Director, Steelbird International talks about new product launches, tyres for EVs and counterfeiting menace in a telephonic interaction with Pushkar Oak. Read more...

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA). Read more...

The localisation efforts substantially benefited from the safety regulations introduced in April 2019 - mandating Anti-lock Braking System (ABS) in all the passenger cars and 2-Wheelers upwards of 125 CC caused a spike in demand for wheel speed sensors. Read more...

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steel Read more...

The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments. Read more...

Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico. Read more...

Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader. Read more...

According to ACMA, sales to OEMs declined 17 per cent, imports by 11.4 per cent and exports by 3.2 per cent. On the other hand, auto component aftermarket at Rs 69,381 crore ($ 9.8 billion) remained stable. Industry cautiously optimistic as green shoots emerge Read more...

The JV - PV Clean Mobility Technologies - will offer enhanced emission reduction technologies and will focus on sensors and actuators, as well as fuel delivery modules for passenger car, commercial vehicle and two-wheeler-markets. Read more...

The bionic design reduces piston weight and increases maximum engine speed. It saves material and has the potential to make the 3D printed piston up to 20 percent lighter than its conventionally manufactured counterpart while increasing rigidity. Read more...

Due to lockdown (triggered by COVID 19 pandemic), many components or critical parts have to be stored in warehouses. During storage it is important to know how to stop rust on these components. Given here are few ways to prevent rust in auto component industry. Read more...

Minda Corporation had acquired Minda KTSN Plastic Solutions, a maker of kinematic and non-kinematic plastic components for the automotive industry, in 2007 and has since infused more than Euro 35 million in MKTSN Read more...

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...

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

Initial production will be to the tune of 6 million filters per year, including cabin filters and air filters for cars and heavy vehicles, as well as dedicated hydraulic filtration spares. Read more...

The expansion will allow Carraro to expand its capabilities towards new product ranges, such as portal axles, specifically designed for the Indian off-road vehicles and specialised tractors market Read more...

JV partners – Elconconnectors, PT Askara Internal and PT Banshu Group - will invest Rs 20 crore to build a facility for manufacturing customised wiring harness for automotive OEMs Read more...

The new assembly facility expands Meritor India’s production capacity by 25%, equipping it to better serve customers in the commercial vehicle, off-highway and defense sectors. Read more...

Foray into large aluminium structural parts manufacturing will open up new opportunities for Jay Hind, a part of Dr Abhay Firodia Group, given the severe pressure on OEMs to reduce vehicle weight Read more...

To further incentivise e-mobility, budget 2019-20 has exempted customs duty on certain auto components (parts) of electric vehicles Read more...

Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala Sitharaman Read more...

A safety cabin has been designed by Finland-based Fortaco Group to suit Indian conditions and safety requirements Read more...

The topic of the summit was ‘An Enabling Environment for Global Leadership in Automotive Manufacturing’ Read more...

The new 43,000-sq ft facility has a VCT production line which provides localised manufacturing in Kakkalur, Tamil Nadu Read more...

Fenwick And Ravi (FAR), a supplier of critical accessories to machine tools, is experiencing robust demand for its products due to pick up in automotive production and aerospace industry. Read more...

The company has announced successful completion of merger of INA Bearings India Pvt Ltd and LuK India Pvt Ltd with Schaeffler India Ltd Read more...

New VCT production line provides localised manufacturing in Kakkalur, Tamil Nadu Read more...

The auto component association also released a study, conducted by McKinsey & Co, on the theme of “Auto component industry in India: Preparing for the future” on the occasion Read more...

Deepak Jain, Managing Director, Lumax Industries Ltd, has been appointed as Vice President of Automotive Component Manufacturers Association of India (ACMA) for 2018-19 Read more...

The targeted product line for the R&D centre is air intake systems, urea tanks, other automotive tanks, CAC ducts and other blow moulded parts. Read more...

With this, Madras Auto Service (MAS), a division of TVS, has become Henkel India’s channel partner for pan India vehicle repair & maintenance (VRM) sales Read more...

This follows the company’s recent announcement, on the occasion of its tenth anniversary celebration, to invest in high Rs three-digit crore for expansion in India Read more...

The new plant will produce vehicle headliners, center console systems, and instrument panel components Read more...

ACMA demands uniform 18% GST rate across the auto component sector. While 60% of the auto components attract 18% rate currently, the rest (majority of which are two-wheelers and tractor components) are taxed at 28% Read more...

The acquisition optimises Dana’s global manufacturing presence to be closer to customers in key growth markets such as China and India, as well as the US Read more...

Wendt India draws its technological superiority from Wendt GmbH which is a part of Winterthur Technology Group (WTG ) Switzerland and sound and ethical management practices from Murugappa Group. While Wendt GmbH is the pioneer in super abrasive tooling solutions and high precision grinding machines for insert grinding and steel industries for over 8 decades, the 100 year Murugappa Group is the market leader in diverse businesses such as engineering, abrasives, finance, general insurance, cycles Read more...

Auto Component Manufacturers Association of India (ACMA), the apex body representing the interest of Indian auto component industry with the support of ‘Ministry of Commerce’ participated at Automechanika Dubai 2018 for the 5th straight edition Read more...

While auto OEMs are prime drivers of robots in India, their suppliers (tier-1, 2, 3, 4) are also investing in advanced robotic technology to maintain their competitive edge and scale new heights. Read more...

Even though manufacturing sector participation has declined, it remains as one of the primary employment generators in the overall NCR economy, according to Dr Sangita Singh and Mansi Chaudhary. Read more...

Rubber finds application in number of products, which are used in all industries. India is the third largest producer and fourth largest consumer of natural rubber in the world and also the fifth largest consumer of natural rubber & synthetic rubber put together. In this interaction with IPF, Kamal K Chowdhury, President, The All India Rubber Industries Association (AIRIA), discusses latest demand trend and India’s position in the global rubber industries market. Read more...

With Goods and Services Tax (GST) becoming operational from July 1, 2017, the whole government machinery is working day & night to ensure smooth roll out and efficiency at every step. While there are no two opinions about the long term benefits of the one-tax regime, there are concerns being raised by the industry with respect to implementation and initial compliance issues. Let’s look at the positive side first. Read more...

Combined with a proactive government policy and the increasing investments by OEMs, there are several triggers which will push the Indian auto component industry to a new high. Read more...

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