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Indian auto component industry grows 65% in H1 2021-22: ACMA
Auto component manufacturers have now, by and large, recovered and the investment cycle has also commenced, according to Sunjay Kapur, President, Automotive Component Manufacturers Association of India (ACMA).Read more
Godrej Tooling expects 30% YOY increase in revenues
E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more
Steelbird International participates in Dubai Automechanika 2021
The global automotive aftermarket industry is expected to grow to $ 529.25 billion by 2028 and such events help in expanding the market through newer networks, innovative launches and renewed partnershipsRead more
Schaeffler to invest Rs 300 cr for transmission components facility in TN
New facility will expand the production footprint in Hosur for transmission components and systemsRead more
Schaeffler India opens Large Size Bearings Refurbishing Center in Jamshedpur
Strategically located in Eastern part of country, the facility is in partnership with Premier Bearings India Ltd, a leading authorised distribution partner for Schaeffler India.Read more
LANXESS’ PBT compound enhances engine performance
PBT (polybutylene-terephthalate) compound can withstand the high temperatures under the hood in a car, even in very humid conditions.Read more
Motherson and Marelli to set up toolroom for auto lighting applications
The new toolroom will localise tools for the domestic market (previously imported), specific for the lighting domain, that were previously imported, enhancing the country’s local capabilities.Read more
LANXESS PBT compounds let the engine breathe properly
Pocan B3233HRLT (hydrolysis-resistant, laser transparency), which is already used in a range of large-series applications, can be employed to manufacture, for example, housings for mechatronic actuators for swirl control.Read more
We see acceleration by mid of 2022
Though the Covid 19 pandemic pulled the market back, India has a promising future. As assembly experts, Atlas Copco combines innovative assembly technologies like tightening, self-pierce riveting, adhesive dispensing, etc that increase productivity In this interview, K Aurunagiri, Business Line Manager - Motor Vehicle Industry, Atlas Copco, elaborates more on the company’s offerings and growth plans.Read more
Fastener makers hit by rising raw material prices
Raw materials account for about 60-70% of production cost in fastener industry. Post-Covid the prices of commodities are skyrocketing causing a concern among fastener manufacturers.Read more