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What to expect for auto manufacturing sector in 2021?
As auto industry starts to rebound (after witnessing a slowdown during pandemic), Nitin Lall, GM, Industrial Technique, Atlas Copco, lists down a few technology trends that will transform the automotive manufacturing industry in 2021Read 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
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
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
Motherson Sumi buys Bombardier’s electrical harnesses unit in Mexico for $ 10 mn
Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico.Read more
Ramp up R&D to reduce auto component imports: Amitabh Kant
Niti Aayog CEO added that there is need for new synergies such as with IT industry in the areas of power electronics. India must look at using the first mover advantage for producing all components for electric vehicles, thus driving towards the path of being a future global leader.Read more
Indian auto component industry de-grows 11.7% in FY 2019-20, clocks Rs 3.49 lakh crore
According to ACMA, sales to OEMs declined 17 per cent, imports by 11.4 per cent and exports by 3.2 per cent. On the other hand, auto component aftermarket at Rs 69,381 crore ($ 9.8 billion) remained stable. Industry cautiously optimistic as green shoots emergeRead more