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Electric vehicle sector is a big opportunity for Magal Engineering
In this interview M K Narasinga Rao, MD, Magal Engineering Co, shares details about the company’s future plans and new solutions for electric vehicles (EV) and precision sheet metal industries.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
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Germany’s Continental expands local production capacities for connectivity and body electronics in tune with growing demand in the country, paving the way for future growth. It is also incorporating smart manufacturing practices to achieve superior production standards while leveraging its skilled workforce.Read more
India triumphs in Global Manufacturing, BCG Study Reveals
A BCG study titled 'Navigating the Transformative Shifts in Global Manufacturing’ revealed a remarkable surge of $23 billion in exports to the US, a staggering 44% increase from 2018 to 2022.Read more
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Approximately one-third of India's automotive component exports are destined for North America, and this strike by thousands of UAW members, known as a 'stand-up strike,' is impacting the US auto majors.Read more
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The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more
Amara Raja companies’ win big at ‘Great Place to Work’ Awards
The ‘Great Place To Work’ (GPTW) institute is globally recognized as an authority on workplace culture.Read more