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India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
Vedanta makes a case of green aluminium at ACMA event
Aluminium is currently the second most used metal in vehicles and the fastest growing, a clear indication of the metal’s growing prominence in automobile manufacturing.Read more
BorgWarner CEO Safety Award Chennai
BorgWarner's Chennai plant completes 1 mn accident-free working hoursRead more
The 12th edition of Die & Mould India starts in Mumbai
The four-day event will not only showcase various technological developments for the booming die and mould industry, but also highlight opportunities and challenges as well as provided a platform for toolmakers to learn from the user industry.Read more
Bosch India reaches milestone of producing 10 mn ABS and ESP systems
Currently, Bosch produces the latest Generation 9.3 Anti-lock Braking System (ABS) and Electronic Stability Program (ESP) units with local engineering support for customers in IndiaRead more
PLI scheme helps auto part makers ride the EV boom
A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more
Indian Govt approves 75 auto component makers for incentives under PLI Scheme
Ninety two auto component manufacturers had applied for the scheme, which has sanctioned outlay of Rs 26,000 crores for the automotive sectorRead more
Marelli supplies inverter for new BMW CE 04 electric scooter
The system, a key technology in electric vehicles, is developed and produced in-house by Marelli, that will also provide the related software.Read more
BorgWarner supplies innovative heater technology for BMW's electric vehicles
The technology can be used for passenger cabin heating, improving battery energy performance and fast charging speed. Read more
Birla Precision Technologies: A legacy of excellence
Birla Precision Technologies, Dagger Forst, cutting tools, gear cutting tools, Vedant Birla, Tool Bits, machine tools, Kennametal, Precision Components, Hydraulic Components, auto Components, Engine ComponentsRead more