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Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

Indian Auto Component Industry grows by 36.1 bn in first-half of FY 2023-24

Automotive Component Manufacturers Association of India announces industry performance review for the first half of fiscal year 2023-24 which shows growth in exports and imports by 2.7 per cent and 3.6 per cent respectively.Read more

Electric vehicle sector is a big opportunity for Magal Engineering

In this interview M K Narasinga Rao, MD, Magal Engineering Co, shares details about the company’s future plans and new solutions for electric vehicles (EV) and precision sheet metal industries.Read more

85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.Read more

Cummins showcases low to zero-emission power solutions portfolio at CII EXCON 2023

Cummins Group reveals indigenous products, tailored for India market, supported by a dependable and extensive pan-India network for aftermarket parts and services.Read more

Tesla's Cybertruck launch sparks optimism for Indian auto component market

Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more

Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing

The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.Read more

NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka

The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more

PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

Ashok Leyland dealer Automotive Manufacturers expands operations in UP

With the opening of its new 3S facility in Varanasi, Automotive Manufacturers will provide support to Ashok Leyland customers in the region.Read more

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