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Schaeffler to showcase automotive aftermarket solutions at Auto Expo 2023
The company will exhibit a wide range of reliable and efficient products across engine, chassis and transmission solutions at Auto Expo Components 2023. It will also display a comprehensive range of oil & lubricant offerings along with other consumables under the Schaeffler TruPower brand.Read more
Gearing up for Kumbha Mela of machine tools, IMTEX 2023
The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more
Auto Expo Components 2023 to be held from Jan 12-15 at New Delhi
The event is essential in exhibiting the most recent innovations in automotive components for cars, trucks, electric vehicles, bearings, garage equipment, and spare parts in many markets.Read more
Machine tools industry heading for a sharp growth
Rapid growth in the automotive and other industrial sectors - aided by the government's PLI schemes - augurs well for the Indian machine tools sector. With the green shoots being evidently visible, business prospects of the machine tools industry is expected to improve further in the coming years, says Rakesh Rao.Read more
Indian auto component industry up by 34.8% in H1 FY23: ACMA
While exports grew by 8.6% to $ 10.1 billion, imports were up by 17.2% to $ 10.1 billion. Read more
Spark Minda opens wiring harness plant in Pune
The new greenfield facility, which will be the company's 28th plant, is equipped with advanced machines backed by cutting-edge technology.Read more
BorgWarner acquires Swiss auto component firm Drivetek AG
The acquisition will strengthen BorgWarner’s specialty power electronics capabilities and supports growth of high voltage e-fan business.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
Global auto component firm BorgWarner opens new plant in India
The new plant - located near Chennai - will provide extensive space for manufacturing and assembly of Variable Cam Timing, which is used to optimise efficiency and reduce emissions in combustion-powered vehicles Read more
Schaeffler takes steps against counterfeits; fake products worth Rs 5 mn seized
In the recent past, the company conducted multiple raids with the help of enforcement agencies against counterfeiters of LuK and FAG products across key metros - Delhi, Kolkata, Coimbatore, and Hyderabad.Read more
