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Super Screws and Mitsuchi Corporation to manufacture cold forged parts in India

The new venture will set up a manufacturing plant in India to produce and distribute high-quality cold forged parts, catering to both the Indian market and global exports. Read more

Musashi starts mass production of EV two wheeler e-axles in India

Musashi has set-up capacity to produce 10,000 e-axles per month in phase 1. Read more

Sundram Fasteners receives Rs 40 billion in EV orders; to expand further

Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more

Tesla turns to Made In India parts, diversifies suppliers from China

Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more

Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units

Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more

Indian Auto sees surge in apprentice recruitment with PLI expansion

The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more

Godrej Tooling expects 30% YOY increase in revenues

E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more

India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India

While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more

Switching to Mobil saves auto parts maker Rs 12.30 lakh annually

Mobil safeguards equipment life and helps PPAP Automotive achieve ‘maximum productivity’ goalsRead more

Ayushi Engineering aims to increase exports to 75% of turnover: Jeetu Gosai

In this interview, Jeetu Gosai, Director, Ayushi Engineering Company, an exhibitor at Hannover Messe 2019, comments on Indian manufacturing sector and the company’s plans to boost exports.Read more

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