Uber introduces new tech features, strengthens safety support

App based taxi service provider Uber has announced the launch of new and expanded technology-led safety features and strengthened customer support in India. The company that celebrates ‘standing for safety’ as its c...

Schaeffler Group inaugurates software technology centre in India

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Mahindra Rise Sustainability Champion Awards announced

Mahindra & Mahindra has announced the winners of the inaugural edition of ‘Mahindra Rise Sustainability Champion Awards’.

Grupo Antolin opens Global Design and Business Services office in Pune

Spain based Grupo Antolin, a global supplier of technological solutions for car interiors, inaugurated its new state of the art Global Design and Business Services office in Pune.

Valeo produces 10 millionth front camera system at Wemding site in Germany

Valeo and Mobileye celebrated the production of Valeo’s 10 millionth front camera system containing Mobileye technology, at Valeo's site in Wemding in Germany (Bavaria).

BorgWarner produces 1,000,000th inverter, 13,500,000th viper power switch

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilities. Its Suzhou facility produced i...

Rs 14 crore gift from TVS Motor Company for WMG, University of Warwick

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

Tata Motors celebrates production milestone of 50,000 EVs

India has embraced the EV revolution and this has driven Tata Motors, India’s leading automotive brand to a key milestone – the rollout of 50,000th EV in the country. The company rolled-out its 50000th EV, from its ...

Honda Cars India reaches 2 million production milestone in India

Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, announced that the company has reached the 2 million-unit milestone in cumulative production of Honda cars in India.

Filipino distributor Terrafirma Motors of Columbian Group inks deal with Hero MotoCorp

Philippines based Columbian Group of Companies, distributors of commercial and passenger vehicles will soon be assembling and distributing Hero MotoCorp motorcycles in Philippines. A partnership has been formed betw...

Gadkari launches pilot project on Flexi-Fuel Strong Hybrid EV

Union Minister for Road Transport and Highways Nitin Gadkari launched Toyota’s first of its kind pilot project on Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV) in India which would run on 100% petrol as well...

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...

PM lays foundation stone for Suzuki electric vehicle battery plant

Maruti Suzuki India commenced the celebrations of ’40 years of Suzuki’s partnership with the people of India’. The commemorative ceremony at Mahatma Mandir, Gandhinagar, Gujarat was graced by Prime Minister of India...

Indian Auto Component Industry clocks highest-ever turnover of Rs. 4.2 lakh crore

The Indian automotive components industry has registered a turnover of Rs. 4.20 lakh crore (USD 56.5 billion) for the period April 2021 to March 2022, registering a growth of 23 per cent over the previous year.

Hero Electric to set up 2nd manufacturing unit in Ludhiana, Punjab

Hero Electric, India’s largest electric two-wheeler company, performed the ground-breaking ceremony of its second plant in Ludhiana, Punjab.

Delta reaches 6,000 EV charger deployment milestone in India

Delta, a global leader in power and thermal management solutions, announced it has cumulatively delivered over 6,000 electric vehicle (EV) chargers to customers in India, a substantial milestone to foster the countr...

Vitesco Technologies inaugurates new Rs 240 cr Talegaon facility in Pune

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

Hero Electric rolls out e-scooters from Mahindra’s Pithampur plant

Hero Electric announced the rollout of its first batch of electric scooters from Mahindra Group’s Pithampur plant in Madhya Pradesh. Earlier this year, Hero Electric had announced its 5-year partnership with Mahindr...

Volvo Group launches green castings for engines globally from India

Volvo Group is committed to becoming a climate neutral company by 2040 and this includes its supply chain and global suppliers from India. As a key milestone in this journey, Volvo Group in India launched the first ...

Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

In a first, electric car Nexon EV from Tata Motors catches fire

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

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...

Okinawa Autotech to set up third ‘mega’ plant in Rajasthan for EVs

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

Lamborghini Urus achieves record 20,000 units in four years

Automobili Lamborghini has added a new record to its list with its super SUV Urus, as the best-selling model in the shortest time ever.

Volkswagen, Mahindra to partner for MEB electric components in Chennai

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both parties announced that they have signed a partnering agreement to eval...

EVR Motors, Badve Group partner to manufacture electric motors for EVs

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

Hop Electric Mobility raises USD 2.6 million in strategic round

Hop Electric Mobility, India's fastest-growing electric vehicle manufacturer, has closed a strategic round of USD 2.6 million as part of an ongoing USD 10 million pre-series fundraiser. The company has achieved the ...

Mecwin India signs Rs 1,500 cr deal with Tatva Group in EV retrofitting space

In its endeavour to revolutionise the promising EV retrofitting segment, Bengaluru-based Mecwin India, the fastest-growing electric vehicle motor manufacturing company, is foraying into the little-explored electric ...

Advik Hi-Tech, Pure Hydrogen JV in India to produce hydrogen fuel

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Bhago Mobility Solutions acquires stake in Pastiche Energy Solutions

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Varroc to divest 4-wheeler lighting system operations in Americas, Europe

In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Lim...

Toyota Kirloskar clocks 2 million cumulative wholesales in India

Toyota Kirloskar Motor (TKM) has announced that the company has achieved a significant milestone of two million cumulative wholesale units, ever since its inception in India.

Hero Electric, ElectricPe collaborate on charging infrastructure

With 2 million electric vehicles estimated to be plying the roads by 2026, building the charging infrastructure for EVs has become paramount. Addressing the infrastructure demand, Hero Electric, India’s No.1 electri...

Lanxess makes Siemens a Global Alliance Partner

Lanxess is securing strong support on its growth path and intensifying its long-standing cooperation with Siemens. The companies have now signed a contract for the procurement of technical goods for the global produ...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

Hero Electric, Mahindra to produce Hero, Peugeot Motocycles e-2 wheelers

Hero Electric and the Mahindra Group announced their collaborative intent wherein the latter Group will manufacture Hero Electric’s most popular electric bikes – Optima and Nyx at their Pitampur plant to meet the gr...

High speed e-two wheeler sales jump 425pc, grabs 61pc of E2W market

The year 2021 has clearly shown that Indians have begun to prefer registered high speed electric two wheelers (E2W) as compared to non-registered low speed two wheelers. Thus, while registered high speed two wheeler...

E-bike sales will continue to increase rapidly in coming years

The India e-bike market was valued at USD 1.02 million in 2020, and it is expected to reach USD 30 million by 2026.

Hero Electric sells 7000 high-speed E2W in November 2021

Hero Electric, India’s largest electric two-wheeler company, continued its growth momentum with record sales of over 7,000 units in November 2021, according to the most recent report by JMK Research and VAHAN dashbo...

Simple Energy to invest Rs 2500 crore in new plant in Tamil Nadu

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Spinny raises USD 283 million in Series E round of funding

Spinny, a used car retailing platform in India, has announced the closure of a USD 283 million Series E funding round from new and existing investors. The round was led by Abu Dhabi based - ADQ, Tiger Global and Ave...

BMW Group hands over one-millionth electrified vehicle

Even as India gets ready to buy the premium electric car from BMW, the BMW iX that will be launched in the coming days in the country, globally there is reason for BMW to celebrate. BMW Group celebrated the delivery...

Hero Electric is most preferred Indian EV brand, says JMK research findings

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

Ather Energy 2nd manufacturing facility in Hosur by 2022

Ather Energy, India’s leading EV scooter brand, commissioned its second manufacturing facility in Hosur to cater to the growing demand of its electric scooters - the 450X and 450 Plus. The company plans to manufactu...

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

Greaves Electric inaugurates Rs 700 crore plant in Ranipet, Tamil Nadu

Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited and one of the market leaders in the E-2W and E-3W segments, inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre...

Tata Motors to deliver 3,500 XPRES T EVs to BluSmart Mobility

Tata Motors has signed an MOU with BluSmart Mobility for expanding their all-electric fleet multi-fold across Delhi NCR, and for the same, the company has bagged a contract to supply 3,500 XPRES T EVs.

TVS Scooty achieves a new milestone, sales cross 5 million mark

TVS Motor Company has announced that the TVS Scooty has crossed the sales milestone of 5 million units. TVS Scooty range has been synonymous with female mobility in India for more than three decades in India.

MG India brings in Car-as-a-Platform model with Astor SUV

MG Motor India has announced the Car-as-a-Platform (CAAP) subscription model for its recently launched SUV, Astor. As MG turns its vision into reality, the industry-first concept of Car-as-a-Platform brings endless ...

Motherson company acquires 60pc stake in China joint venture for auto mirrors

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) has acquired a majority stake in Nanchang JMCG Mekra Lang Vehicle Mirror Co., Ltd by Ningbo SMR Huaxiang Automotive Mirrors Ltd. (SMR NBHX); which is a 50:5...

DETEL STORY: Phones, televisions & now an electric 2 wheeler for masses

Dr Yogesh Bhatia, CEO & Managing Director of SG Corporate Mobility Pvt.Ltd is someone who has been fulfilling the dreams and aspirations of the masses. From being a seller of SIM cards, branded mobile phones and ele...

Honda 2Wheelers India breaches 50 million domestic unit sales milestone

Honda Motorcycle & Scooter India announced the accomplishment of 5 crore (50 million) cumulative two-wheeler domestic sales in the country since start of its sales operations in 2001.

Pierer Group, Bajaj Auto sign contracts to simplify shareholding structure

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

Hero Electric to hike production capacity to over 5 lakh by March 2022

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

Automovill launches learning management platform to up skill auto mechanics

Automovill, a mobility start-up focused on car after-sales services has launched India’s first dedicated LMP (Learning Management Platform) to up skill auto mechanics and technicians. The brand has launched the plat...

Ampere Experience Center unveiled for electric vehicles

Ampere Electric, the e-mobility arm of Greaves Cotton and one of the leading players in the electric 2-wheelers and electric 3-wheelers has unveiled its first Ampere Experience Center in Ranipet in the southern stat...

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Ola Electric raises US$100 million debt from Bank of Baroda

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Hero Electric raises Rs.220 crore from GII and existing investor OAKS

Hero Electric Vehicles has announced the first part of their Series B funding of Rs.220 crore. Gulf Islamic Investments (GII) led the round along with participation from OAKS.

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

Hyundai Motor India rolls out 10 millionth car from Chennai plant

Leading car manufacturer Hyundai Motor India Ltd (HMIL), achieved a production milestone by rolling out its 10 millionth car from its manufacturing facility in near Chennai in the southern state of Tamil Nadu.

GoMechanic secures US$ 42 m Series C funding

GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...

Cars24 plans US $100m investment in key overseas markets

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

First 100 BYD Tang SUVs set sail for Norway

BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, and one of the first to produce one million electric passenger cars globally, has shipped the first 100 European-specification BYD Tang SUVs for custom...

Goodyear completes acquisition of Cooper Tire & Rubber Company

The Goodyear Tire & Rubber Company has announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalising the merger agreement made public on February 22, 2021.

Indian auto industry covid-19 relief: Part 4

Nitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India recently requested Rajeev Chaba, President and Managing Director, MG Motor India and Paytm Founder & CEO V...

Ola EV is new, fully electric vehicle only category, available across London

Ola, one of the world’s leading mobility companies, announced that it is launching a new electric vehicle category on its ride hailing platform, which will allow riders to specifically book rides in a fully electric...

Oxygen, medical help pour in from Indian auto companies among shut downs

The Indian auto industry is going all out to help the country in production of oxygen, even as it is grappling with woes at its own end. India Yamaha Motor (IYM) is among the companies that have decided to suspend m...

Indian auto companies shut down, divert oxygen for medical purposes

Indian auto companies like JCB India, MG Motor India, Maruti Suzuki and Hero MotoCorp have either shut down or are shutting down their plants for a few days as a result of the prevailing covid-19 conditions. Some of...

Auto registrations fall year on year by (-) 28.64pc: FADA

The Federation of Automobile Dealers Associations (FADA) has in its Monthly Vehicle Registration Data for March 2021 stated that while March automobile registrations continue to fall by (-)28.64% year on year (YoY )...

Goodyear to acquire Cooper Tire & Rubber Co in US $ 2.5 billion deal

Tyre majors Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total ...

Ampere Electric plans Rs 700 cr investment for EV manufacturing plant in Tamil Nadu

Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of Rs 700 crore over 10 years to set u...

TVS Motor Company inaugurates new Dubai showroom

TVS Motor Company has inaugurated a showroom in Dubai. The company announced a new distribution partnership with Public Motors, part of the reputed Ghaf Investments L.L.C, in the United Arab Emirates.

Electric vehicles in Delhi achieve 20 million kilometres on road

Electric vehicles (EV) deployed in Delhi have completed 20 million kilometres on the road. This has resulted in a reduction of 500 kilograms of particulate matter emissions, contributing significantly to cleaner air...

OLA to deploy ABB robotics, automation solutions at electric scooter factory

Ola, one of the leading mobility companies in the world, has announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the m...

Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

TVS owned Norton Motorcycle of UK moves to new headquarters

UK based Norton Motorcycle Co Ltd, acquired by India’s TVS Motor Company in early 2020 has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West M...

Hero MotoCorp surpasses 100 million cumulative production milestone

Leading motorcycle and scooter manufacturer Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crores) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of...

Hero Electric partners with Earth Ride to provide e-bikes to youth

Electric two wheeler company Hero Electric has announced its partnership with Delhi-based start-up Earth Ride, to provide e-bikes to the youth of the country searching for new business enterprises.

AUTO COMPONENTS: ACMA Automechanika New Delhi 2021 to go hybrid

ACMA Automechanika New Delhi is all set to go hybrid from 2021. Messe Frankfurt India together with Auto Component Manufacturers of India (ACMA) have announced that the 5th edition through its new dynamic digital mo...

Slew of Jeep SUVs in India soon as FCA India lines up $250m Investment

Fiat Chrysler Automobiles or FCA as it is known has announced an expansion to the local product lineup in India, confirming that an investment of over $250 million (Rs 1828 crore approximately) has been committed to...

2021 TVS Apache RTR 160 4V launched in Bangladesh

TVS Motor Company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh. This is the first-of-its-kind two-wheeler connected cluster technology in the country.

Maruti Suzuki, Microsoft introduce HAMS technology for driver training

Maruti Suzuki India in collaboration with Microsoft Research India has developed a smart phone based technology for testing applicants seeking driver’s license. The technology - HAMS (Harnessing Automobile for Safet...

Suzuki's Gujarat Plant reaches 1 million units production milestone

Suzuki Motor Gujarat Private Limited (SMG), a subsidiary of Suzuki Motor Corporation for the production of automobiles in India, has achieved accumulated automobile production of 1 million units on October 21, 2020.

Motherson Sumi Systems acquires Bombardier EWIS business in Mexico.

Motherson Sumi Systems Limited (MSSL), via its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has signed an asset sale and purchase agreement to acquire the activities of Electrical Wiring In...

TVS Apache crosses 4 million global sales milestone

TVS Motor Company has uncorked the bubbly for reaching the 4 million global sales milestone for its premium motorcycle brand, TVS Apache. Launched in 2005, the TVS Apache series is the fastest-growing premium motorc...

Maruti Suzuki WagonR is highest selling CNG vehicle in country

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling CNG vehicle in the country by surpassing 3 lakh units in sales, making it the most successful CNG car across all passenger vehicle segments.

Studds sets up Asia's biggest helmet manufacturing facility in Haryana

Studds Accessories Ltd., the world’s largest manufacturer of two-wheeler helmets (in terms of volumes sold in a year), has commenced operations at its new, state-of-the-art manufacturing facility at Faridabad in Har...

STELLANTIS is the new group name post merger of FCA, Groupe PSA

As both Fiat Chrysler Automobiles N.V. and Peugeot S.A. ("Groupe PSA") move towards the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, the two companies have...

Suzuki Motorcycle India rolls out 5 millionth vehicle from Gurugram plant

Suzuki Motorcycle India rolled out its 5 millionth vehicle from its manufacturing facility at Kherki Dhaula, Gurugram. The recently launched BS6 compliant Suzuki Gixxer SF 250 became the 5 millionth celebratory unit...

Maruti Suzuki Swift celebrates 15 years in India

Maruti Suzuki premium hatchback, the Swift, is celebrating the completion of 15 years. Launched in 2005, Swift heralded the start of the premium hatchback segment in India and has created a legacy with unmatched dri...

COVID-19 PANDEMIC: Indian auto industry puts best foot forward

In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...

M&M, Maruti Suzuki, Krishna Maruti, Bharat Seats gear up to make ventilators, masks

Unmindful of the huge losses that the auto industry is incurring because plant shutdowns as a result of the country-wide lockdown in the midst of coronavirus or covid-19 fears, several auto companies and auto compon...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

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.

Mahindra Electric launches new brand identity

Mahindra Electric Mobility Ltd unveiled a new corporate brand identity with a new logo and tagline - ‘Spark the New’. The new brand identity is meant to give the brand a renewed thrust to achieve its global ambition...

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...




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