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Bain Capital to invest in auto component maker RSB Transmissions
Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more
Goyal urges auto component makers to seek investment from EFTA countries
The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more
GEF Capital invests in auto component maker Hero Motors
With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector.Read more
Global auto component maker Marelli opens R&D center in Bangalore
The Bangalore technical R&D center will focus on major technology areas of Marelli such as electronics, automotive lighting and both internal combustion powertrain and electric powertrain.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
Global auto component maker Carraro to set up new facility in Pune
The expansion will allow Carraro to expand its capabilities towards new product ranges, such as portal axles, specifically designed for the Indian off-road vehicles and specialised tractors marketRead more
ACMA organises sixth MSME Summit for auto component makers
The topic of the summit was ‘An Enabling Environment for Global Leadership in Automotive Manufacturing’Read more
US-based auto component maker BorgWarner expands Tamil Nadu facility
The new 43,000-sq ft facility has a VCT production line which provides localised manufacturing in Kakkalur, Tamil NaduRead more