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Amara Raja Invests €20million in InoBat
InoBat, specialises in research, development, and production of batteries for electric vehicles.Read more
India witnessed $29.6 billion in private equity investments
The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more
MAHLE finalises OEM thermostat business sale to BTT Solutions
MAHLE is focusing on electrification and systems for thermal management, as well as cost leadership in components for highly efficient, green combustion engines.Read more
IIT-Madras bred start-up, Mindgrove develops India’s first secure IoT
It will allow Indian Original Equipment Manufacturers to use an Indian SoC in their products and help reduce the cost of their feature-rich devices.Read more
Servotech secures order worth Rs. 111 Crore from IOCL and other OEMs
The order secured by IOCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at Indian Oil petrol pumps and other said locations.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
BorgWarner Increases Power Electronics Business with European OEM
By combining the inverter and converter elements, the compact CIDD can manage both a vehicle's electric drive and its accessory systems.Read more
Surfex introduces automated shot peening for high volumes
Surface Finishing Equipment is a pioneer in shot blasting & shot peening machine, blast room system, paint booth & baking oven systems manufacturers in India. It unveils its revolutionary robotic shot peening machine for mass production.Read more
Coimbatore MSMEs embrace EV Industry with Skilling Program
This initiative is a collaborative effort between the Facilitating MSMEs in Tamil Nadu (FaMe TN) and the World Resources Institute (WRI-India).Read more
BorgWarner secures eHeater business uplift with European OEM
The 800V 3kW high voltage coolant heater optimises battery thermal management to increase battery performance and extend electric vehicle range.Read more
