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EV buyers to get benefit of additional IT deduction of Rs 1.5 lakh: Budget 2019-20

To further incentivise e-mobility, budget 2019-20 has exempted customs duty on certain auto components (parts) of electric vehiclesRead more

Budget announces changes in customs duty for some products

Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala SitharamanRead more

Tata AutoComp to make Fortaco’s safety cabins for off-highway vehicles in India

A safety cabin has been designed by Finland-based Fortaco Group to suit Indian conditions and safety requirementsRead more

Igus’ HT-3D printer advances development of high-temperature filaments

Thanks to the new 3D printer, users can now use a lubrication-free and maintenancefree filament for the production of heat-resistant special parts with the iglidur J350 highperformance plastic.Read more

ACMA organises sixth MSME Summit for auto component makers

The topic of the summit was ‘An Enabling Environment for Global Leadership in Automotive Manufacturing’Read more

“Demand for precision components is increasing in India”

The market of precision parts is expanding since several years with more and more sectors and industries flourishing in India. While automobiles and aeronautical industries are major consumers of precision parts, demand is also growing from other sectors. Read more

Standard components for the mechanical industry

Elesa+Ganter offers the widest range of standard machine elements with a unique design, a perfect service and with the ability to create special customised solutions in a very short time.Read more

Henkel and RLE International form alliance to provide innovative mobility solution

Henkel and RLE International have decided to form a strategic alliance to work towards automotive innovation, expand value creation opportunities and become the premier design-in engineering solution provider for the mobility industry.Read more

Continental breaks ground for new powertrain plant in Pune

The greenfield plant in Talegaon, Pune, will see an investment of €30 million until 2020, reports Neellohit Banerjee.Read more

Servo drives simulate road behaviour

Gear and transmission specialist IMS Gear is a permanent fixture in the automotive sector with its technical solutions for components, assemblies and gears.Read more

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