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Top four benefits of automated tube bending

The process of bending metal tubes is historically a labour-intensive one fraught with potential errors and safety issues. Automating this task could offer many benefits, says Emily Newton.Read more

SEG Automotive unveils high voltage machines for Indian auto makers

This scalable e-machine platform will set standards in terms of smooth operation and efficiency, thus maximising vehicle range.Read more

GEF Capital invests in auto component maker Hero Motors

With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector.Read more

Sona Comstar unveils its first sustainability report

As a technology leader, the company is enabling a reduction in GHG emissions through low-carbon mobility. Sona Comstar has increased its revenue share from Battery Electric Vehicles (BEVs) from 1.3 per cent in FY19 to 25 per cent in FY22. In absolute terms, it has grown 28 times to Rs 5 billion.Read more

Bharat Forge arm JS Auto buys Indo Shell Mould’s Erode unit

The SEZ Unit, with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers in the automotive industry and will operate as the third manufacturing unit of JS Auto.Read more

Schaeffler to showcase automotive aftermarket solutions at Auto Expo 2023

The company will exhibit a wide range of reliable and efficient products across engine, chassis and transmission solutions at Auto Expo Components 2023. It will also display a comprehensive range of oil & lubricant offerings along with other consumables under the Schaeffler TruPower brand.Read more

Gearing up for Kumbha Mela of machine tools, IMTEX 2023

The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more

Auto Expo Components 2023 to be held from Jan 12-15 at New Delhi

The event is essential in exhibiting the most recent innovations in automotive components for cars, trucks, electric vehicles, bearings, garage equipment, and spare parts in many markets.Read more

Machine tools industry heading for a sharp growth

Rapid growth in the automotive and other industrial sectors - aided by the government's PLI schemes - augurs well for the Indian machine tools sector. With the green shoots being evidently visible, business prospects of the machine tools industry is expected to improve further in the coming years, says Rakesh Rao.Read more

Indian auto component industry up by 34.8% in H1 FY23: ACMA

While exports grew by 8.6% to $ 10.1 billion, imports were up by 17.2% to $ 10.1 billion. Read more

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