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Vipul Organics develops organic intermediate to be used by auto industry
The application of this specialty chemical will lead to better durability and performance of the shock absorbers and bumper extensions by adding on a compound that is resistant to wear and impact.Read more
Super Screws and Mitsuchi Corporation to manufacture cold forged parts in India
The new venture will set up a manufacturing plant in India to produce and distribute high-quality cold forged parts, catering to both the Indian market and global exports. Read more
Musashi starts mass production of EV two wheeler e-axles in India
Musashi has set-up capacity to produce 10,000 e-axles per month in phase 1. Read more
Sundram Fasteners receives Rs 40 billion in EV orders; to expand further
Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more
Tesla turns to Made In India parts, diversifies suppliers from China
Key players in this supply chain include Sona Comstar, the largest Indian supplier for Tesla, along with Graziano Trasmissioni India (a DANA group company), Tata AutoComp Systems, CISWW Engineering India, and Bharat Forge.Read more
Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore
The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more
Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units
Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more
Indian Auto sees surge in apprentice recruitment with PLI expansion
The report, courtesy of TeamLease Degree Apprenticeship, anticipates a noteworthy increase of 70-80% in apprentice hiring.Read more
PLI scheme helps auto part makers ride the EV boom
A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more
Godrej Tooling expects 30% YOY increase in revenues
E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more
