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PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra

Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more

CRISIL: Lower oxygen supplies to impact SMEs in key five sectors

These 5 sectors - metal fabrication, automotive components, shipbreaking, paper, and engineering - typically do not have captive oxygen plants and source their need through merchant suppliers for operations such as welding, cutting, cleaning and chemical processes, says CRISILRead more

Harting develops solutions & components for EV charging infrastructure

As part of the press highlight tour at Hannover Messe, Harting has now showcased an innovative charging connector.Read more

igus develops stable SLS material for 3D printing of components

No plastic waste is produced as the excess powder can be used several times and printed parts can be recycled. The parts made of the new SLS powder - like all igus materials - need no additional lubrication and are very structurally stable.Read more

Auto industry: Localisation movement needs government support

While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for IRead more

STMicroelectronics’ SPC56 automotive microcontrollers to be offered till 2034

SPC56 automotive microcontrollers, which we launched in 2014, are deployed in millions of powertrain, chassis, and body-electronics applications worldwide.Read more

Auto component major BorgWarner aims to grow EV revenues to 45% by 2030

As part of its Project Charging Forward, the company will invest to further expand electrification portfolio through organic and inorganic growth. It has also announced commitment to achieve carbon neutrality by 2035. Read more

Manav Kapur: India was unable to capitalise on Chinese absence

Manav Kapur, Executive Director, Steelbird International talks about new product launches, tyres for EVs and counterfeiting menace in a telephonic interaction with Pushkar Oak.Read more

PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment

With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more

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