CCI slaps Rs 17 crore penalty on Japan’s JTEKT for “cartelisation”

The Competition Commission of India (CCI) has in its latest order imposed a penalty of Rs 17.07 crore (Rs 17,07,31,443/-) on Japan based JTEKT/ JSAI , manufacturers of power steering for automobile manufacturers In ...

Flash Electronics files suit in U.S against Royal Enfield for patent infringement

Flash Electronics India Ltd, a leading electronic and electric auto components player has filed a law suit against Royal Enfield challenging patent infringement in the US regarding production of an important compone...

Dr. Jochen Schröder to lead Schaeffler E-Mobility business division

Dr. Jochen Schröder (46) will assume leadership of Schaeffler Group’s newly-established E-Mobility business division on April 1, 2018. In this function, he will report to Matthias Zink, CEO-Automotive OEM. Dr. Schrö...

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...

Nirmal. K. Minda appointed as President ACMA 2017-18

The Automotive Component Manufacturer Association of India (ACMA), an apex body which represents India's auto component manufacturing fraternity has announced the appointment of Nirmal K. Minda, Chairman & Managing ...

ACMA 56th Annual session focuses on ‘Winning with Quality and Innovation’

Automotive Component Manufacturers Association of India (ACMA), the apex body of the Auto Component Industry in India, hosted its 56thAnnual Session & National Conference in the Capital with a session that focussed ...

Automotive business thrives in South India: 2016

‘Kabali’, the blockbuster Tamil movie starring south Indian superstar Rajnikanth got off to a roaring start in July 2016 across cinema halls in India. While Rajnikanth is, without doubt, a showstopper and a star to ...

Sunil Kant Munjal to step down as Jt MD of Hero MotoCorp

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...

The Real Hero is No More

He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...

Auto Expo - The Motor Show 2016 to be held in permanent halls

The India Expo Mart Limited (IEML) has been given a massive makeover prior to the forthcoming Auto Expo - The Motor Show 2016. Two additional large halls have been created in the venue with carpet areas of 25000 sqm...

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...

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...

South India Special Part 3: Andhra Pradesh

Andhra Pradesh is the eighth largest state in India and besides having abundant natural resources and mineral wealth, it boasts of the second longest coastline in the country. The State has thirteen districts. With ...

NSDC report says 1.5 crore skilled workforce required in Auto sector by 2022

The National Skill Development Corporation (NSDC) has stated in a report that by 2022, nearly 15 million (1.5 crore) people are expected to be employed in automobile sector directly in the industry. The report sugge...

Shiroki Corp Japan acquires majority stake in Technico JV

Shiroki Corporation (an affiliate of Toyota Motor Corp), one of the leading global players for interior and exterior components for automobiles, has taken a 51pc equity stake in a new joint venture company with Tech...

Union Budget reactions from the Indian auto industry

Finance Minister Arun Jaitley presented the General Budget for the year 2015-16 in Lok Sabha on February 28, 2015.

Electric Motor scores over internal combustion engine in Union Budget 2015-16

The Electric Motor seems to have scored over the conventional internal combustion engine in the Union Budget 2015-16. And rightly so! The electrical vehicle industry has been bleeding profusely in the last few years...

Naresh Rattan is Director (Sales & Marketing), Sonalika

Naresh Kumar Rattan who was working as Executive Director, Force Motors has taken over Director, Sales & Marketing, Sonalika Group. The Sonalika Group, controlled by LD Mittal manufactures tractors under the brand n...

Bosch Chairman connects lives with humour and meaning at CIS 2015

Dr. Werner Struth, Chairman, Robert Bosch LLC and Member of the Board of Management, Robert Bosch GmbH combined these attributes at the International Consumer Electronics Show (CES) 2015 in Las Vegas, Nevada (USA) t...

After targeting autos, Durr now eyes India’s railway space

Global mechanical and plant engineering firm, Dürr is hoping to offer its highly advanced technology as one of the solutions for the Indian Railway’s ambitious hi-speed corridor bullet train projects.Dürr’s activiti...

Shell seminar on tech superiority in synthetic lubes

Shell Lubricants, the global market leader in finished lubricant solutions organised a National Synthetic Lubes Seminar to showcase its technological superiority in synthetic lubricants. The company had organised a ...

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 ...

Modi wins; Auto industry expectations are high

The Bharatiya Janata Party (BJP) has won 283 seats in the Lok Sabha. The Congress party, till recently the ruling party at the Centre came a very distant second with a mere 43 seats. With Narender Modi soon to take ...

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

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

Anand Mahindra to become CMD of M&M

Keshub Mahindra, Chairman of Mahindra & Mahindra Ltd., advised the Board of his intention to retire

Auto comp industry earns US$ 39.9 bn revenue

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

NK Minda Group rolls out four-wheeler CNG kits

NK Minda Group rolls out four-wheeler CNG kits

Delphi India appoints Nambi Ganesh as Director,

Delphi India appoints Nambi Ganesh as Director, TCI

Forms and Gears gets into auto components

Forms and Gears gets into auto components

VW signs agreement to produce vehicles in Malaysia

The Volkswagen Group is gradually expanding its activities in Southeast Asia under its Strategy 2018




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