NEI aims investment of Rs  100 crores; launches needle bearing

National Engineering Industries Ltd (NEI), part of the CK Birla Group, launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi.

CK Birla owned NEI acquires Kinex Bearings in Europe

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex Bearings through its wholly owned European subsidiary. Kinex Bearings is an inter...

Anand Group announces tri-party joint venture with Joyson Safety Systems

Anand Group, a leading manufacturer of automotive components in India, further consolidated its presence in the Indian automotive safety systems vertical. It announced the formation of a Tri-Party Joint Venture to m...

Bosch Two-Wheeler & Powersports Business Unit to benefit from India growth story

After the successful introduction of ABS and motorcycle stability control (MSC) technologies, Bosch has introduced its first advanced rider assistance systems for motorcycles, comprising adaptive cruise control, for...

ACMA Automechanika New Delhi hopes for record breaking show

As ACMA Automechanika New Delhi edges closer to its opening, the country’s leading trade fair for the automotive aftermarket is fast moving towards being completely sold-out. The trade fair is scheduled to take plac...

Sundaram-Clayton inaugurates new foundry in Chennai

Sundaram-Clayton Ltd. (SCL), a member of the TVS Group, inaugurated its new foundry at Oragadam, near Chennai, in Tamil Nadu. The new facility was inaugurated by Young Key Koo, Managing Director and CEO of Hyundai M...

Continental Gurgaon celebrates 1 million units of Electronic Brake Systems

Business for safety technologies is growing rapidly in India for technology company Continental. The company announced the completion of 1 million units of Electronic Brake Systems (EBS) from its Gurgaon plant. Cont...

Continental inaugurates new R&D facility for brake systems In Gurgaon

Technology company Continental, which celebrates ten years of local production in India, has announced the inauguration of a new facility for its R&D centre in Gurgaon. The new facility, located within its existing ...

IAC opens new Manesar Plant ; Consolidates 2 operations into one

International Automotive Components (IAC), a leading global supplier of automotive components and lightweight vehicle solutions, has inaugurated its new state-of-the-art plant in Manesar. This milestone was marked b...

Makino Automotive, RK Takasago launch hi-performance motorcycle chain

Makino Automotive and RK Takasago launched a new motorcycle chain that promises high endurance, safety, durability and performance to the 2-wheeler automobiles in India. The announcement comes closely after the two ...

Precision Camshafts acquires 51% stake in Emoss Mobile Systems B.V.

Precision Camshafts Ltd (PCL) has acquired 51% stake in Dutch electric driveline maker Emoss Mobile Systems B.V through its wholly owned Dutch subsidiary, PCL (International) Holding B.V. This is the third strategic...

Synergies to set up largest alloy plant in Visakhapatnam, Andhra Pradesh

Synergies Castings Limited, India’s leading aluminium alloy wheel manufacturer announced the signing of an MoU with the Government of Andhra to establish a major greenfield aluminium casting and specialty alloy whee...

Brembo bets big on India’s two-wheeler market

The year 2018 is a very important one for the growth of Brembo operations in India, where the company works exclusively for the two-wheeled market, driven by the recent introduction of new safety regulations that re...

Motherson acquires Reydel Automotive Group for USD 201 million

Motherson Sumi Systems Limited (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its step down subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRP BV), has announced th...

Federal-Mogul Powertrain new product group bags $100m contract

Federal-Mogul Powertrain has announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m (Rs 651.6 crore), covers the de...

Precision Camshafts acquires precision machinist MFT of Germany

Global auto ancillary major Precision Camshafts Ltd has announced its second acquisition with the taking over of German precision machinist MFT Motoren und Fahrzeugtechnik GmbH (MFT) through its wholly owned Duth su...

Sunjay Kapur controlled Sona Group unveils new logo

A year after disposing of the Sona Group’s entire equity holding of around 25.12 per cent in its then flagship company Sono Koyo Steering Systems for around Rs 419 crore to its Japanese partner JTEKT Corp., the refr...

Advik Group bags Rs 350 crore order from Magna International

Advik Hi-Tech, a leading global automotive component manufacturer announced that it has won 6 orders for supply of Transmission Oil Pumps from Magna Powertrain, the largest independent supplier of 4WD/AWD systems gl...

Schaeffler India begins Rs 200 cr expansion of Pune operations

Leading global industrial and automotive supplier Schaeffler has reiterated its focus on India as a key manufacturing hub by announcing the expansion of its operations at INA Bearings in Talegaon, Pune. The Rs 200 c...

Pricol, Zorg Industries sign JV for manufacture, supply of Parking Assistance Systems

Pricol Limited, a leading manufacturer of automotive components and solutions provider for the global automotive market, has announced an exclusive Joint-venture agreement with Zorg Industries (Hong Kong) Limited to...

Rs 2500 crore Lumax DK Jain Group unveils new brand identity

Leading Indian automotive components player Lumax, DK Jain Group, with a turnover of Rs 2500 crore has revealed its new logo and the newly launched visual brand identity. The logo, christened with the ‘WinteGreat wh...

Indian Auto Component industry turnover at Rs. 2.92 lakh crore

The turnover of the Indian auto component industry stood at Rs. 2.92 lakh crore (USD 43.5 billion) for the period April 2016 to March 2017, registering a growth of 14.3 per cent over the previous year and a CAGR of ...

Bridgestone to invest Rs 1940 crore for plant expansion in India

Tyre major Bridgestone India Pvt. Ltd., a group company of Bridgestone Corporation has announced its expansion with an investment of US $ 304.3 million (Rs 1940.17 crore approx.)for both the Pune (Chakan) and Indore...

Sona BLW expands its Hungary manufacturing facility

Sona BLW Precision Forgings Limited (SBPFL), part of the USD 500-million Sona Group, is augmenting its operations in Hungary. Besides this facility in Hungary, Sona BLW is present across two more locations globally ...

Piramal Finance commits Rs 565 Crore in 2 auto component firms

Piramal Enterprises Limited through its subsidiary Piramal Finance Limited has financed RSB Group to the extent of Rs. 275 crore and Indoshell Mould Limited to the extent of Rs. 290 crore. The investments were made ...

Asahi India Glass to invest Rs.500 cr in Gujarat plant; Will cater to Maruti Suzuki

Asahi India Glass Limited (AIS) is investing in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Mar...

Apollo Tyres inaugurates Rs 3246 crore Hungary plant

Prime Minister of Hungary Viktor Orban formally inaugurated Apollo Tyres’ 6th global tyre manufacturing unit and the second one in Europe. Present, on the occasion were Peter Szijjarto, Hungarian Foreign Affairs & T...

Motherson Sumi Systems acquires Finland’s PKC Group for Euro 571 million

Motherson Sumi Systems Ltd (MSSL) has acquired Finland based global auto component major PKC Group Plc for approximately Euro 571 million (Rs 4026 crore approx.)., a move that will help the Vivek Chaand Sehgal led ...

ACMA Study on Indian Automotive Aftermarket: The Road Ahead

The Indian automotive aftermarket stood at Rs 56,098 crore (USD 8.4 billion) in 2016-17 with a total vehicle parc of 228.7 million across the country. The Indian automotive aftermarket is expected to reach Rs. 75,70...

ZF inaugurates first Technology Centre in India

ZF Friedrichshafen AG, a global leader in driveline and chassis technology as well as active and passive safety technology, has inaugurated its first Technology Centre in India in Hyderabad, Telangana.

Gestamp Rs 260 crore investment in first hot stamping plant in India

Gestamp, a Spanish multinational company specialised in the design, development and manufacture of metal components for the automotive industry, has launched a new plant specialised in hot stamping in Pune (India). ...

Motherson Sumi to acquire Finnish company PKC Group for Rs 4160 crore

Leading global auto components major Motherson Sumi Systems Ltd (MSSL) controlled by Vivek Chaand Sehgal has announced plans to acquire PKC Group Plc of Finland for around Euros 571 million (approximately Rs 4160 cr...

Rockman Industries acquires majority stake in Moldex Composites

Rockman Industries, a Hero Group company has acquired a majority stake in Moldex Composites, a British-Indian venture, thereby making its intention known that it is investing in next-gen carbon composites technology...

Apollo Tyres to invest Rs 525 crore in AP; Inaugurates Global R&D centre in TN

Indian tyre major Apollo Tyres signed a Memorandum of Understanding with the Government of Andhra Pradesh to set up a state-of-the-art manufacturing facility. The company is looking at investing approximately Rs 525...

TAL inaugurates new generic assembly shop in Nagpur

TAL Manufacturing Solutions Ltd., a fully owned subsidiary of Tata Motors, inaugurated a new generic assembly shop in at their manufacturing facility located in Mihan SEZ, Nagpur. The new facility was inaugurated by...

Metro Tyres forays into motorcycle radial tyres

One of the country's leading cycle tyre manufacturers Metro Tyres Ltd. announced its foray into the motorcycle radial tyre sector on September 7, 2016. The company at present holds almost 24pc market share in the cy...

Motorcoats India plans Rs 85 crore investment in the next 24 months

Motorcoats India, an emerging automotive aftermarket technology brand, has announced its expansion plans for the next 24 months in India. The company offers exterior and interior car protection services. After it...

INDIAN TYRE INDUSTRY: The fatal Chinese bite

The bite of the Chinese dragon is beginning to get fatal for the Rs 50,000 crore Indian tyre industry. On the one hand while Indian tyre majors are facing a severe shortage of raw material like rubber in the countr...

‘Make in India’ loses sheen in auto components industry; Records degrowth in exports

For the first time in five years, “Make in India” lost some of its sheen in the Indian auto components industry as imports increased dramatically and exports recorded a negative growth. Exports recorded (-) 3.7pc gr...

Aerospace, Defence sectors offer vast opportunities, says ACMA

With the objective of facilitating its members diversify into the fast growing Aerospace & Defence sector, the Automotive Component Manufacturers Association of India (ACMA) organised its second Aerospace and Defenc...

JK Tyre completes acquisition of Kesoram Industries tyre unit

With the acquisition of CIL, JK Tyre will have additional capacity of truck & bus radials, an important and high growth segment, where it is already the market leader. It will also provide JK Tyre entry into the fa...

Uno Minda acquires global lighting business of Europe based Rinder Group

Automobile components manufacturer Minda Industries Ltd announced an acquisition of the global lighting business of Spain based Rinder Group that manufactures automotive lamps- head lamp, tail lamps and small lamps....

Pricol unveils new brand identity; Targets revenues of Rs 3000 crore by 2020

Pricol Limited, a leading manufacturer of automotive components for the global market, has unveiled its new brand identity, a new logo that demonstrates the value and the commitment Pricol brings to its four signifi...

AVTEC LTD: On a Hi-Tech Journey

Avtec Ltd, among the several brilliant companies of the CK Birla Group, has got several formulas ready for engineering a massive growth in the near future. But the common ingredient that will make all these formulas...

BHARAT FORGE LTD: Forging a Make in India Global Plan

For the Rs 7,625 crore Kalyani group controlled by Baba Kalyani, ‘Make in India” has been a way of life. For long, this group which has business interests in the fields of automotive, energy, rail, marine, aerospace...

Stanadyne launches EcoForce, a high-tech fuel injection system	in India

Stanadyne, a global leader in the design and manufacture of diesel and gasoline fuel systems has launched EcoForce. This is a next generation diesel fuel system developed for the below 50 horsepower engine market. E...

Auto Component Industry grows by 11pc in FY 14-15

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, announced the findings of its Industry Performance Review for the fiscal 2014...

Jaguar Land Rover India has a new parts distribution centre

Jaguar Land Rover India, part of Tata Motors, has opened a new Parts Distribution Centre (PDC) for the country, in Bhiwandi, near Mumbai. This state-of-the-art facility, spread over 70,000 square feet, will have reg...

Motherson Sumi gets Rs 15,400 crore order from Daimler

Global automotive supplier Motherson Sumi Systems Ltd. (MSSL) through its subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has received a massive order worth Rs 15,400 crore from Daimler for the...

Uno Minda, Kosei Aluminum JV for alloy wheels

Nirmal Minda controlled Uno Minda and Kosei Aluminum Co. ltd. a leading Japanese alloy wheel manufacturer have entered into a joint venture agreement to manufacture and sell alloy wheels in India. The JV ceremony to...

Over 400 companies from 16 countries at ACMA Automechanika New Delhi

The 2nd edition of India’s premium automotive aftermarket trade fair – ACMA Automechanika New Delhi—began in New Delhi on February 26, 2015. More than 400 exhibitors from 12 countries are showcasing the latest in au...

Sigma Freudenberg Nok (SFN) 2nd facility opens in Punjab

Sigma Freudenberg NOK (SFN), an Indo-German- Japanese joint venture company has set up its second production facility in Basma, Punjab for manufacturing of critical oil seals and sealing products for domestic and ...

BMW India partners with Force Motors for engines, gear boxes

BMW India has partnered with major Indian auto component suppliers for sourcing of components for local production of its cars at BMW Plant Chennai. According to a BMW India press release, the suppliers are Force Mo...

Continental expands technical centre in Bangalore

Continental AG has now expanded its research and development footprint by inaugurating their 13,000 square metre facility in Bangalore. The current head count of engineers now stands at 1000. The total investment at...

Bosch Limited inaugurates 6th plant in India

Bosch Limited, one of the leading suppliers of technology and services in the area of mobility services, among others, has inaugurated its sixth manufacturing unit in India. The unit has been setup in Gangaikondan, ...

Luman Automotive Systems, Hengst of Germany forge JV

Luman Automotive Systems, manufacturers of automotive lighting and electrical components as well as engine induction air filtration systems, has entered into a joint venture agreement with Hengst SE & Co.KG, a leadi...

UNO Minda, Toyoda Gosei establish JV for rubber hoses

UNO Minda, part of the NK Minda Group, an major Indian automotive supplier has entered into a joint venture with Toyoda Gosei Co. Ltd. of Japan to manufacture and sell rubber hoses in India. The collaboration was fi...

Bosch aims to double Asian business by 2020

Over the past ten years, Bosch has doubled its sales in Asia Pacific. By 2020, it is aiming to double its sales in the region again. This was stated by Dr. Volkmar Denner, Chairman of the Bosch board of management, ...

Apollo Tyres to invest Rs 3744 cr in Hungary

Apollo Tyres will be setting up a greenfield facility in Eastern Europe in Hungary. According to an Apollo Tyres press release, Hungary was chosen after a consideration of various factors over some of the neighbouri...

Component exports increase by 16.7pc: ACMA

The Indian auto components industry has come of age. This was clearly reflected in the fact that the industry recorded a 16.7pc growth at Rs 61,487 crore (US $ 10.2 billion) for the year 2013-14 as compared to Rs 52...

SasMos to supply high quality wiring harnesses

SasMos, a Rs 49 crore high quality wiring harness manufacturer, has established a state-of-the-art ‘Centre of Excellence’ for ISRO’s space grade harnesses. SasMos was founded and promoted by H.G. Chandrashekar in Be...

Yokohama India mud -terrain off-roading tyres.

Japan-based tyre maker Yokohama India has introduced “Mud –Terrain (M/T+)” tyres in the “Geolandar” series. These tyres have been specifically designed for serious off-roading. Technically speaking, these Geolandar ...

Acma meet on polymer composites

To address the usage of advanced, high performance composites used in making vehicles lighter, safer and more fuel-efficient in synch with the existing global standards, the Auto Components Manufacturers Association...

Hella is part of project for traffic safety

With the goal of improving traffic safety at dusk and in low-light conditions, the German Federal Ministry of Research and Education (BMBF) will be sponsoring the research project “VoLiFa2020” over the next three ye...

Technico enters into JV with Shiroki Corpn

Shiroki Corporation of Japan and Technico India Pvt Ltd have formed a new joint venture company Shiroki Technico India Private Limited. Shiroki will have a 51pc stake in the new JV while Technico will have the remai...

Bharat Forge global subsidiary wins Euro 250m deal

Bharat Forge Limited announced that its German Subsidiary Bharat Forge Aluminumtechnik GmbH & Co KG (BFAT) has won a multiyear contract approximately worth Euro 250 million (Rs 2058.6 crore approx.) from a German OE...

Meritor and Brakes India sign expanded Agreement

Meritor, Inc and Brakes India, Ltd. have announced the signing of a Licensing and Technology Assistance Agreement for the manufacture and sale of Meritor ELSA air disc brakes in India. According to a Meritor stateme...

Setco Automotive, Lingotes of Spain form JV

Setco Automotive Ltd (Setco) and Lingotes Especiales S.A. (Lingotes) have announced the formation of a 30 million Euros (Rs 250 crore approx.) joint venture over threeyears called Lava Cast Pvt Ltd, focused on devel...

Huge scope for Lanxess polyamide oil pans for CVs

Oil pans fitted in the 12.8 litre Euro 6 engines for the Mercedes Actros from Daimler are up to 120 cm long, 40 cm wide and 35 cm deep. To date, they are the largest engine oil pans for trucks to be made of polyamid...

Omron sets up first Automation Centre in India

The 650.5 billion Yen (Rs 38,824 crore approx) Japan-based Omron group with business interests in Industrial automation, electronic components, automotive electronics, social systems and healthcare, has set up its f...

Lubrizol to invest Rs 299 cr in India plant

Lubrizol Corporation has announced the groundbreaking for a new TempRite chlorinated polyvinyl chloride (CPVC) compounding plant in Dahej in India’s Gujarat state. The estimated investment in the new plant is more t...

New Yokohama plant to manufacture Earth-1 Tyres

Yokohama India Pvt. Ltd, a 100pc subsidiary of Japan based Yokohama Rubber Co. Ltd that came into India in 2007, inaugurated its first tyre manufacturing unit at HSIIDC Bahadurgarh in Haryana in North India. The pla...

JK Tyre launches 10 new products

In line with its aggressive expansion plans for India, JK Tyre & Industries Ltd. has launched a tota

JK Tyre launches 10 new products

In line with its aggressive expansion plans for India, JK Tyre & Industries Ltd. has launched a tota

Bosch India’s new unit established in Chennai

Bosch, a leading global supplier of technology and services in the Automotive Technology space has a

UNO Minda, Nabtesco Automotive Corpn. form JV

Uno Minda of India has entered into a joint venture with Nabtesco Automotive Corporation, Japanese m

SKF signs contracts worth Rs 820 cr with Audi AG

SKF has signed contracts with car maker Audi for delivering components for use on a range of vehicle

URB India to invest Rs 353 crore in Rajasthan unit

URB Group, one of the leading European bearing makers, has announced that

Maruti signs agreement with Gujarat on land

Maruti Suzuki India Limited has signed State Support Agreement (SSA) with the Government of Gujarat

Bosch India to invest Rs.2,200 crores in 2012-13

Reinforcing its commitment to the Indian market, the Bosch Group in India - a leading manufacturer

36pc counterfeit components in aftermarket

As much as Rs. 8,928 crore (around 36pc) worth of components in the Indian automotive aftermarket

Atlas Copco to make compressors at Chakan

Atlas Copco (India) Limited, which celebrated its silver jubilee celebration last year, is setting

GKN Driveline India establishes new unit in Pune

GKN Driveline, the world’s leading manufacturer of automotive driveline components, has announced

Eaton hopes to triple sales by 2015 in India

Eaton hopes to triple sales by 2015 in India

Mahle Filter inaugurates 2nd plant at Parwanoo

Mahle Filter inaugurates 2nd plant at Parwanoo

Cooper Corporation and Ricardo launch new engines

Cooper Corporation and Ricardo launch new engines

Firefly Energy acquires carbon foam tech

Firefly Energy acquires carbon foam tech

Hirotec to establish a Rs. 20 crore facility

Hirotec to establish a Rs. 20 crore facility in Coimbatore

Mahindra Navistar unveils MN25 tipper

Mahindra Navistar unveils MN25 tipper

Auto aftermarket in India valued at Rs 33000 crore

Auto aftermarket in India valued at Rs 33000 crore

ACMA seeks Rs. 7,500 crore Tech Fund

ACMA seeks Rs. 7,500 crore Tech Fund

Mahindra entry into construction equipment busines

Mahindra entry into construction equipment busines

Amtek’s diversification into specialty vehicles

Amtek’s diversification into specialty vehicles manufacturing

TVS Logistics buys 100 pc of TVS America

TVS Logistics buys 100 pc of TVS America

Dana breaks ground on US$ 20 million tech centre

Dana Holding Corporation formally broke ground for a US$20 million ( Rs. 90 crore) tech centre

Kalyani Hayes Lemmerz new steel wheel rim plant

Kalyani Hayes Lemmerz Limited opened its new passenger car wheel plant in Chakan

Auto component indy to generate US$ 110 b revenue

NEW DELHI: India’s auto industry is likely to generate a turnover of nearly US$ 110 billion (Rs 5 l




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