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FLASH joins hand with Polish firm Elimen to make EV components in India

The collaboration will focus on production of traction motors and controllers of up to 300 kW, the first such project in India. FLASH has drawn an aggressive investment plan in EV segment and is looking to further invest Rs 150 crore over the next two years.Read more

TDK to show over 100 technologies at electronica

TDK plans to make its largest appearance to date at electronica this year, dividing into three booths, each with its own focusRead more

TDK with its largest appearance to date at electronica

TDK will show more than 100 technology highlights at the exhibition. Passive components as well as sensor technology will be showcased at the main booth A5.107.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

Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics

The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead 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

Intech Additive helps BARC to make 3D printed metal components

While BARC provided the initial designs of the miniature components for possible adaption to the additive manufacturing (AM) process. Intech’s team of DfAM experts suggested and implemented further design modifications for the optimum functioning of the components.Read more

India's auto component market up 23% in 2021-22

Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more

India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22

With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more

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