UNION BUDGET 2021-22 & INDIAN AUTO INDUSTRY

The Union Budget 2021-22 presented by Nirmala Sitharaman, Union Minister of Finance may have got a standing ovation from the punters of the Indian stock market, but for the Indian auto industry, the direct benefits ...

Honda Cars India stops production at Greater Noida factory

Honda Cars India Ltd. (HCIL) has stopped production of its cars at its Greater Noida plant. The Japanese company has two plants in India, one in Greater Noida which was established first, and the other at Tapukara ...

Bharat Forge Limited invests Rs 90.30 crore in Tevva Motors, UK

Bharat Forge Ltd., a Pune based global leader in metal forging, has announced a strategic investment of UK Pounds 10 million (Rs 90.30 crore approx.) in Tevva Motors (Jersey) Limited, a company incorporated and regi...

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...

Kinetic Engineering Limited records a 48% growth in Q2 revenues

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

Honda’s Tapukara plant begins to pay rich dividends

Honda Cars India’s “Make in India” initiative is beginning to pay rich dividends not only in its car business but also in its car parts business. A visit to one of its plants in Rajasthan clearly indicated that the ...

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 ...

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...

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...

South India Special Part 1: Tamil Nadu

Five states comprising Tamil Nadu, Kerala, Andhra Pradesh, Karnataka and the newly formed state of Telangana make up South India. Among these, it’s Tamil Nadu that is way ahead when it comes to its contribution to t...

Honda Cars to invest Rs. 380 cr for Tapakura plant expansion

Honda Cars India Limited (HCIL) will be investing Rs. 380 crore in its Tapukara plant in Alwar district, Rajasthan to expand the annual production capacity of the plant from the current 1,20,000 units per annum to 1...

New Advisory Board for Continental Intelligent Transportation Systems

Continental Intelligent Transportation Systems, LLC, headquartered in Silicon Valley, California, announced that effective January, 2015, Satish Khatu, former IBM General Manager, Global Industrial Sector, Helmut Ma...

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’.

Safran, Bharat Forge alliance for aircraft parts

France based global Aerospace, Defence, and Security leader Safran and India’s leading auto components company, Bharat Forge recently announced the start of a long-term partnership

MIFA files for insolvency; Hero Cycles deal off

Mitteldeutsche Fahrradwerke AG (MIFA), a leading bicycle maker based in Germany has not only called off its business deal with India-based Hero Cycles (part of OP Munjal Group) but has also filed for insolvency afte...

Hero Cycles buys equity stake in MIFA of Germany

OPM Global B.V., a subsidiary of Hero Cycles Ltd, the world’s largest cycle manufacturer by volume, has acquired a significant equity stake in Germany’s largest manufacturer of cycles Mitteldeutsche Fahrradwerke AG ...

Seval Oz to head Continental ITS business unit

International automotive component supplier Continental is putting together an international team of innovators from the IT and automotive industries who will focus on Intelligent Transportation Systems (ITS). The n...

Osram opens new LED assembly plant in China

In a further move to strengthen its leading position in the market for light-emitting diodes (LED), Osram officially opened its LED assembly plant in Wuxi, China. The factory has a floor area of about 100,000 square...

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...

Honda begins car production from Tapukara plant

Honda Cars India Limited (HCIL) has started the production of cars from its Tapukara Plant in district Alwar, Rajasthan. Honda Amaze is the first car to roll out from the new plant. The grand ceremony was attended b...

Fuel-cell technology has a long way to go

Fuel-cell vehicles could be an attractive alternative to battery-powered cars in realising zero-emission vehicles. Fuel cells have long been considered a promising technology for circumventing the problem of limited...

Interview with Amit Dakshini, Chief Strategy Officer, Varroc Group

Our vision is to become a global conglomerate and we will be working on multiple directions to further our objectives. On one hand, we will continue to enhance our base in the two-wheeler market by adding new custom...

Interview with Dinesh Tyagi, Director, International Centre for Automotive Technology (iCAT)

In the next five years, we should be looking at revenue of close to 150 crore. By that time, we will be able to ramp up our headcount to over 400. Within a distance of 7km from iCAT, we will be establishing another...

Honda to invest Rs 2,500 crore in Tapukara plant

Honda Cars India Limited(HCIL) has announced a Rs.2,500 crore investment in Tapukara plant and the a

Interview with Sugato Sen, Deputy Director General, Society of Indian Automobile Manufacturers (SIAM)

Interview with Sugato Sen, Deputy Director General, Society of Indian Automobile Manufacturers (SIAM)

Baba Kalyani conferred Cross of the Order of Merit

Baba N. Kalyani, Chairman & Managing Director, Bharat Forge has recently been honoured with the “Cro

Interview with Raj Singh Rathee, Managing Director, Kuka Robotics India

in India, there is no alternative to high quality production. Whatever has to be produced here for overseas markets, we need robots to churn it out. Otherwise we cannot maintain a consistent quality. There are also ...

Hero Motocorp -- Erik Buell Racing of USA tie up

Hero MotoCorp Ltd. (HMCL) has announced forging a strategic partnership with Erik Buell Racing (EBR)

GKN Driveline new  precision forging facility

GKN Driveline opened a new precision forging facility at Oragadam near Chennai in Tamil Nadu.

Interview with Niraj Hans, Managing Director, Fiat Partecipazioni India Pvt. Ltd.

On the operations front we are an independent company. Having said that, our synergies exist with other Fiat companies. We keep on discussing our strategies with regards to a particular supplier.

Kalyani Hayes Lemmerz new steel wheel rim plant

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

Dheeraj Hinduja is Chairman of Ashok Leyland

CHENNAI: Dheeraj G Hinduja has been appointed Chairman of the Hinduja Group flagship, Ashok Leylan




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