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Cummins showcases low to zero-emission power solutions portfolio at CII EXCON 2023

Cummins Group reveals indigenous products, tailored for India market, supported by a dependable and extensive pan-India network for aftermarket parts and services.Read more

Tesla's Cybertruck launch sparks optimism for Indian auto component market

Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more

Himadri Speciality Chemical invests Rs 4,800 cr in Li-ion battery component manufacturing

The company aims to produce 200,000 tonnes of lithium iron phosphate (LFP) cathode active material, contributing to the creation of 100 gigawatt hours (GWh) of Li-ion batteries in phases over the specified timeframe.Read more

NIFCO invests Rs 288 cr in automotive plastic components plant in Karnataka

The company intends to create job opportunities for approximately 400 individuals, with 65% of them being women. The project is slated to be completed over a span of five years, commencing from 2023-24.Read more

PLI scheme: Need for a course correction

The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more

Ashok Leyland dealer Automotive Manufacturers expands operations in UP

With the opening of its new 3S facility in Varanasi, Automotive Manufacturers will provide support to Ashok Leyland customers in the region.Read more

Indian govt considers exempting key EV components from localisation norms

However, this new consideration is met with opposition from local players such as Mahindra & Mahindra and Tata Motors, as well as foreign companies with decades-long operations in India.Read more

LAN passive components launched by Finolex Cables, extends its LAN portfolio

These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density switches. Read more

Spark Minda, HCMF forge innovative partnership for Sunroof Solutions in India

Under this collaboration, the two companies intend to leverage advanced technology and cutting-edge manufacturing processes to produce sunroof and closure technology products for passenger cars in India.Read more

Airbus strengthens 'Make in India' with agreements with four Indian suppliers

These contracts pertain to the production of airframe and wing parts for Airbus' A320neo, A330neo, and A350 programs.Read more

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