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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
Spark Minda opens wiring harness plant in Pune
The new greenfield facility, which will be the company's 28th plant, is equipped with advanced machines backed by cutting-edge technology.Read more
BorgWarner acquires Swiss auto component firm Drivetek AG
The acquisition will strengthen BorgWarner’s specialty power electronics capabilities and supports growth of high voltage e-fan business.Read more
FLASH and Elimen to jointly produce EV components in India
The collaboration will focus on production of traction motors and controllers of up to 300 kW, the first such project in India. FLASH has drawn an aggressive investment plan in EV segment and is looking to further invest Rs 150 crore over the next two years.Read more
Studer’s grinding machine makes multiple components
At the Apex Tool Group GmbH (ATG) in Westhausen, the S31 cylindrical grinding machine from Studer (a member of the United Grinding Group) is proving to be truly universal. From individual components to medium series, it grinds gear and control shafts for electric and pneumatic Cleco assembly tools cost-effectively and flexibly. Read more