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Anand Group to invest Rs 987 cr in Tamil Nadu for automotive manufacturing
The Group formalised this commitment by signing a Memorandum of Understanding (MoU) with the state government during the recent Tamil Nadu Global Investors Meet 2024 in Chennai.Read more
Kinetic Green appoints S Sundareswaran as Director of Manufacturing & Operations
In his new role, Sundareswaran will spearhead the direction and monitoring of plant performance to support the organisation's objectives. His responsibilities will encompass leadership in production, quality assurance, supply chain management and manufacturing engineering activities.Read more
Ola Electric secures PLI certification, paving the way for subsidies, boosting EV affordability
This achievement marks Ola Electric as the first Indian electric two-wheeler (e2W) company to secure certification under the PLI scheme, with the ministry reportedly granting approval on December 27 after a four-month process.Read more
Adding new dimension to manufacturing
When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more
Fronius India celebrates the success of FACT-Batch 4 Valedictory Programme
Fronius India organises skilling project aimed to recognise and reward participants for their hard work and accomplishments, particularly for selecting welding as a career.Read more
Luxinar debuts SR series of sealed CO2 laser sources at IMTEX Forming
Luxinar specialises in manufacturing CO2 laser sources for industries worldwide, including automotive, electronics, e-mobility, glass, packaging and textiles. On its stand at IMTEX Forming 2024, company will showcase the SR 15i, with an output power of up to 175W.Read more
International Seminar on Forming Technology to held prior IMTEX Forming exhibition
With a view to highlight advancements in forming technologies and its applications IMTMA is organising a one day “International Seminar on Forming Technology” on January 18, 2024, a day before IMTEX Forming 2024 exhibition.Read more
85% industry revenue comes from sale of components to domestic vehicle OEMs
In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more
Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders
Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more
Panasonic introduces 6-in-1 inertial sensor to elevate automotive safety, performance
The sensors are compliant with the highest Automotive Safety Integrity Level (ASIL-D) defined in ISO26262 Function Safety Standard.Read more