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For the first time India’s auto component exports exceed imports

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more

Tyre maker TVS Srichakra to invest Rs 10 bn for expansion

The company will make this investment over a period of 3 years in its Madurai (Tamil Nadu) and Pantnagar (Uttarakhand) plants to increase 2 & 3 wheeler tyre capacity by 25-30 per cent and doubling its off-highway tyre capacity from current levels.Read more

Freudenberg’s car cabin air filters offer protection against Coronavirus

Thanks to a sophisticated dual mode of action, micronAir proTect line filters - manufactured by the German firm for car makers - present a viable option next to other available cabin filter solutions, including the high-efficiency particulate air (HEPA) filtersRead more

Flexible packaging and medical are biggest drivers

With the plastic industry taking a hit last year due to restrictions over the single-use plastic citing a threat environment, Satish Godase, Director, Nu-Vu Conair believes that the plastic industry in India will grow. In this interaction with Pushkar Oak, Satish Godase discusses recent trends in plastic auxiliary equipment and industries that will drive demand for their products.Read more

Valeo launches compact electric powertrain for 2W & 3W in India

This system - based on 48V technology - is an integrated solution that combines the strengths of proven products - notably the motor and the transmission unit - with the application and systems expertise of Valeo. A single solution, it will meet all the power needs for a wide range of two (2W) and three-wheeler (3W) formats in India.Read more

Continental India celebrates production of 50 mn wheel speed sensors

The localisation efforts substantially benefited from the safety regulations introduced in April 2019 - mandating Anti-lock Braking System (ABS) in all the passenger cars and 2-Wheelers upwards of 125 CC caused a spike in demand for wheel speed sensors.Read more

How will 5G improve industrial automation?

As part of Industry 4.0, more automated systems are relying on the IoT than ever. Since 5G will bring network improvements, it will improve the IoT and consequently improve automation, says Megan Ray Nichols.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA

The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more

Competition Commission hosts virtual workshop with BRICS on automotive sector

The CCI is the project co-lead of the Automotive Working Group (AWG) along with the Competition Commission, South Africa.Read more

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