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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

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

Igus to deliver 3D printed lubrication-free components worldwide

Motion plastics specialist, igus, last year has delivered around 120,000 additively manufactured components comprising wear-resistant functional components, prototypes and easily configurable replacement parts. Read more

For the first time India’s auto component exports exceed imports

The industry clocks turnover of Rs 1.19 trillion ($ 15.9 billion) in the first half of 2020-21 (April-September 2020) registering a de-growth of 34%, as per the data released by Automotive Component Manufacturers Association of India (ACMA).Read more

With 2 component 3D printing igus offers design freedom

The solution of two-component printing (2K) allows tribo-filaments to be combined with carbon fibre-reinforced filaments. This makes not only a low-wear component, but also one that is extremely resilient.Read more

TNBA urges to stop auctions and strengthen boiler MSMEs

The association demanded the case of MSME NPA units in Tiruchi must be given a special consideration as they provided employment, paid taxes promptly and followed other statutory obligations.Read more

Continental India celebrates production of 50 mn wheel speed sensors

The localisation efforts substantially benefited from the safety regulations introduced in April 2019 - mandating Anti-lock Braking System (ABS) in all the passenger cars and 2-Wheelers upwards of 125 CC caused a spike in demand for wheel speed sensors.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA

The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more

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