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SLR Metaliks invest Rs 60-70 crore to raise alloy steel manufacturing capacity
Despite COVID 19, the company - one of the leading suppliers of alloy steel to automotive and other industries - has increased the capacity from 0.3 million tonne to 0.4 million tonnes. While SLR Metaliks is pinning hopes on automotive industry’s revival, it is also holding talks with DRDO for suppling alloy steelRead more
Auto component firm Minda Corp’s German subsidiary files for insolvency
Minda Corporation had acquired Minda KTSN Plastic Solutions, a maker of kinematic and non-kinematic plastic components for the automotive industry, in 2007 and has since infused more than Euro 35 million in MKTSNRead more
Practical tips to minimise COVID 19 impact on auto sector
COVID 19 pandemic has severely affected automotive businesses globally. Sharadhi Babu, CEO, AXISCADES, suggests some practical measures to mitigate the impact COVID impact.Read more
Automotive industry is the prime beneficiary of the machine tools
With automotive industry being the largest consumer of machine tools and the move towards new BS VI regulations, machine tool manufacturers expect to benefit from the demand for new components.Read more
VDMA to host Robotomation symposium in Pune for automotive industry
VDMA will also confer the 1st VDMA Robotics + Automation Innovation Awards for the automotive industry in India during the event, which will be held on June 14, 2019Read more
Automotive industry gives boost to robots sales in India
In 2017, the automotive industry ordered 62 per cent of robots, but sales of robots to the rubber and plastics industry, metal industry, and electrical and electronics industry were also up considerablyRead more
“Demand for water-based coatings is growing in auto industryâ€Â
The Indian auto industry, which has started to show strong growth since last 4-5 years, is emerging as a major export hub for the global market. As a result, automotive coating market - especially the refinish coating segment - has been growing in double digits.Read more
JEC Group sets the stage for composites materials at upcoming international motor shows
In its mission to address composites end-use industries specifically, JEC Group, the world leading organisation for the promotion of composite materials, moves up a gear to target the automotive industry.Read more
Robotics: Will auto component suppliers drive the market?
While auto OEMs are prime drivers of robots in India, their suppliers (tier-1, 2, 3, 4) are also investing in advanced robotic technology to maintain their competitive edge and scale new heights.Read more
