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Gabriel India expanding with eighth plant to meet growing demand
Gabriel India, the flagship company of the versatile Anand Group, is actively considering a greenfield expansion for its passenger vehicle and two-wheeler suspension components.Read more
Mahindra & Volkswagen comes together for EV Components
In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more
Modulus Alternatives commits Rs 1.5 bn to Shivam Autotech in debut private credit fund investment
The investment is set to originate from the resources under the management of Modulus Alternatives, which includes their second fund, the India Credit Opportunities Fund II.Read more
ACC batteries’ demand to grow at a CAGR of 50%, says CII report
Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more
Apple Takes Strategic Steps to Enhance Local Component Manufacturing in India
Apple's strategic moves to bolster local manufacturing in India for market expansionRead more
Automotive Component Industry achieves $70 bn turnover in FY23 with 33% growth
Automotive Component Manufacturers Association of India (ACMA) released the data revealing reveals that this achievement surpasses the previous record of Rs 4.2 lakh crore turnover in the fiscal year 2021-22.Read more
Servotech Power Systems announces subsidiary to manufacture key EV components
The establishment of a wholly owned new subsidiary Techbec Green Energy aim to indigenously manufacture key components for Electric Vehicle (EV) chargers.Read more
By Design Alpha acquisition, AREL gains expertise in industrial design
Electronic Systems Design and manufacturing company, Amara Raja Electronics Limited (AREL) sets a clear vision to become 1,000 crore company and increase export operations by FY 2028 tells Sajan Pulikottil David, Business Head, AREL in this interview. The company has recently invested in DFM Softech Solutions Pvt Ltd to expand its operations in electronics design landscape.Read more
Import, Export trends signify positive shift Indian electronic industry's dynamics
An S&P Global company, CRISIL is a global analytics company driven by its mission of making markets function better. Sharing some qualitative insights on Indian electronics market in India Pushan Sharma, Director – Research, CRISIL Market Intelligence and Analytics says that India is experiencing robust growth in electronics. He also shares some current merits and flaws in the industry.Read more
ELCINA plays a significant role in promoting local component manufacturing
In 1967, ELCINA (Electronic Industries Association of India) established as the first industry association to support electronics hardware industry of India. Since then it has been actively working on the policy and business environment issues of the E&E Industry. In this interview Rajoo Goel, Secretary General, ELCINA shares the significant work of ELCINA giving an overview on the developments in the past years.Read more
