TVS SCS to train 2000 rural youth every year to be ‘employment ready’

TVS Supply Chain Solutions (TVS SCS), one of the largest and fastest growing supply chain solutions providers in India, announced the inauguration of its Training Academy at Oragadam, industrial corridor, near Chenn...

BHTC inaugurates manufacturing facility and R&D centre in Pune

Behr-Hella Thermocontrol GmbH (BHTC), a global technology leader in the field of Automotive Displays / HMI Solutions and climate control and thermal management, has announced the launch of its state of the art, full...

Yamaha Motor invests in Malbork, an EV service provider

Yamaha Motor Moto Business Service India (MBSI) announced its entry into the EV segment for 4 - wheeler asset management services by partnering with Malbork, a Bangalore based all electric sustainable energy powered...

TVS Motor Company acquires Swiss E-Mobility Group AG (SEMG)

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

FY2020-2025 revenue to remain modest for Indian Components industry, says ICRA

India’s leading rating agency ICRA has estimated that the revenue decline for the Indian auto component industry will be limited to 6-8% in FY2021 supported by the better-than-expected demand pick-up across most seg...

Earth Energy EV to launch six new electric scooters and commercial vehicles

Earth Energy EV, an automotive startup has announced its plans to launch six new commercial and non-commercial vehicles commercially in the market this year. The company plans to introduce electric vehicles with 96%...

Harley-Davidson succumbs to Indian curry, plans 250-500cc bikes for India

Iconic motorcycle manufacturer of the US and a favourite company of US President Donald Trump is beginning to appreciate the flavour of Indian curry. It has just announced its own recipe for the Indian palate wherei...

Interview with Pradeep David,  General Manager, Universal Robots – South Asia. Universal Robots

Interview with Pradeep David, General Manager, Universal Robots – South Asia. Universal Robots

Kinetic Green, Lamborghini family of Italy form joint venture

Pune based Kinetic Group’s company Kinetic Green Energy & Power Solutions Ltd signed a MOU (Memorandum of Understanding) with luxury brand Tonino Lamborghini to jointly set up a new joint venture company in India (i...

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 ...

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 ...

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...

Interview with Pankaj Dubey, Managing Director, Polaris India Pvt Ltd

Interview with Pankaj Dubey, Managing Director, Polaris India Pvt Ltd. Dubey talks about the progress of Indian Motorcycle, part of the Polaris Group.

TWO-WHEELER SPECIAL: Standing Tall On Two Wheels

The Indian two-wheeler industry is gleefully hoping that the remaining months of the current fiscal 2016-17 will see a spurt in demand for two-wheelers.

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...

Apollo Tyres enters 2 -wheeler tyre market

Leading tyre manufacturer Apollo Tyres Ltd announced its entry into the two wheeler tyre market with the launch of their ‘Apollo Acti’ series. The company began its operations as a commercial vehicle tyre manufactur...

Interview with Madhav Rajgarhia, CEO, Raaj Unocal Lubricants Ltd

The highlights for us this year is Lubistrands and oil detact. Coming to Lubistrands, we have developed a lubricant which defies gravity, defies stickiness, there is complete lubrication inside the engine, and thi...

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

Hero Cycles acquires Firefox Bikes in premium cycle segment

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

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...

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...

Interview with Rohit Saboo, President & CEO, National Engineering Industries Limited (NEI)

National Engineering Industries Limited (NEI) is the flagship company of the CK Birla Group. NEI was founded in 1946 by renowned industrialist B M Birla, under the name of ‘National Bearing Company Limited’.

Interview with Rajesh Shrivastava, General Manager, Marketing & Dealer Development, Terex Equipment Pvt Ltd

Terex is a US based company which operates through five verticals and one of the verticals is Terex Construction and that is where our company belongs. We are based out of Greater Noida and what we manufacture here ...

AMP 2016 growth targets to fall short of 20-25pc

The sluggish macro-economic factors during the last three years have led to a significant slowdown, which is amongst the worst that the Indian automotive industry has witnessed. This has impacted the pace of growth ...

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...

ICRA says tractor industry to grow 4pc-6pc in FY15

Credit rating agency ICRA has predicted that the sales in the Indian tractor industry are likely to abate in the current fiscal (FY15). It says that untimely rains in some parts of the country during the months of F...

Lanxess polymers for the two wheeler industry.

By the year 2016-17 the Indian two-wheeler industry is expected to reach a size of 22-23 million units spurred by a volume CAGR of 8 to 9pc, says a report published by ICRA in 2013. Global technology leader Lanxess ...

Interview with Rakesh Batra, National Leader, Automotive Sector, Ernst & Young LLP

Interview with Rakesh Batra, National Leader, Automotive Sector, Ernst & Young LLP

Interview with Sudeep Narayan, Marketing & PR Director, Volvo Auto India Pvt. Ltd.

Interview with Sudeep Narayan, Marketing & PR Director, Volvo Auto India Pvt. Ltd.

Interview with T.R. Kesavan, President, Tractors Manufacturers Association

Whether it is Tafe or Mahindra or any other company, what we are really trying to uncover is the unspoken nature of the farmer where they may have a small acreage. And they will do what we call as ‘very low tillage’...

US$ 43.4 bn earned by industry in FY2011-12: ACMA

ACMA, the apex body representing India’s Auto Component manufacturing industry

52nd ACMA session on its industry transition held

ACMA, the apex body of the Auto Component Industry in India today hosted its 52nd Annual session

Interview with Shashi Singh, Managing Director, AVL India

The ‘AVL’ name is synonymous with diesel. We started as a diesel-centric company in the 40s. And we were the first ones to propagate direct injected diesel engines that meet NVH challenges. We have been doing a lot ...

Interview with Mohit Anand, Managing Director, Belkin India Pvt Ltd.

we are the world’s largest accessory maker for iphone, ipad, ipod and itouch. We have a very strong relationship with them. We work very closely with them at a global level. The product design, development and resea...

IMTEX 2011 sees 800 exhibitors, 750 machines

The Indian Machine Tool Manufacturer’s Association (IMTMA), organised the IMTEX 2011

Amtek’s diversification into specialty vehicles

Amtek’s diversification into specialty vehicles manufacturing




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