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Maxion Wheels Inaugurates first Formare program in India
India selected as the third country of operation for academic scholarship program, with the goal to support the Indian government’s Economic Weaker Section and skill development initiative.Read more
Wheels India to spend Rs 2 billion on capex; current FY
revenues for the quarter remained relatively stable at Rs 11.67 billion, slightly lower than the Rs 11.72 billion recorded a year ago.Read more
ASK Automotive to enter into new segment of high pressure die casted 2E alloy wheels
Company inks a strategic partnership with LIOHO Machine Work Limited, Taiwan for the endevour.Read more
Delta Electronics launches "Innovation on Wheels" initiative in India
Over two decades, the company has been deploying smart energy-saving solutions to support the rapid transformation of India’s information technology, e-mobility, renewable energy, and manufacturing sectors.Read more
Altair announces Future.Industry 2024 global flagship event
The company’s flagship annual event, which will take place virtually on March 6-7, 2024.Read more
Advantec Wheels invests Rs 100 cr in premium alloy wheels venture
The company is in the process of setting up a state-of-the-art manufacturing facility in Jammu & Kashmir, Northern India.Read more
Cyclone Michaung paralyzes Chennai: Major industries. IT hubs grapple with floods
The production at six prominent auto component units, including Lucas TVS, Wheels India, Sundram Fasteners, Sundaram Clayton, and Brakes India, faced disruptions for the third consecutive day.Read more
DGTR initiates probe into extending anti-dumping duty on Chinese aluminium alloy wheels
Companies such as Kosei Minda Aluminium Company, Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have jointly submitted an application representing the domestic industry.Read more
RKFL aims to double revenue with Strategic Expansion Plan
The company, headquartered in Calcutta with manufacturing facilities in Jamshedpur, is pinning its hopes on several key developments including acquisition of JMT Auto.Read more
4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030
‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more