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Global auto component maker Marelli opens R&D center in Bangalore
The Bangalore technical R&D center will focus on major technology areas of Marelli such as electronics, automotive lighting and both internal combustion powertrain and electric powertrain.Read more
Global auto component firm BorgWarner opens new plant in India
The new plant - located near Chennai - will provide extensive space for manufacturing and assembly of Variable Cam Timing, which is used to optimise efficiency and reduce emissions in combustion-powered vehicles Read more
Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics
The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more
Schaeffler takes steps against counterfeits; fake products worth Rs 5 mn seized
In the recent past, the company conducted multiple raids with the help of enforcement agencies against counterfeiters of LuK and FAG products across key metros - Delhi, Kolkata, Coimbatore, and Hyderabad.Read more
Intech Additive helps BARC to make 3D printed metal components
While BARC provided the initial designs of the miniature components for possible adaption to the additive manufacturing (AM) process. Intech’s team of DfAM experts suggested and implemented further design modifications for the optimum functioning of the components.Read more
India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22
With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more
SUHNER receives Best Managed Company Award from Deloitte
The group has been recognised as one of Switzerland’s Best Managed Companies 2022 by Deloitte.Read more
BARC collaborates with Intech Additive to make 3D printed metal components
Given their size and complexities, manufacturing miniature components through conventional methods pose a challenge. Therefore, metal 3D printing technology becomes an ideal ally in such scenarios for manufacturing miniature components.Read more
Forging and component units to see 60% decline due to EV push: AIFI
While petrol/diesel run internal combustion engine (ICE) in automobiles contain around 2,000 moving parts, electric vehicles have only 20. Thus, rising in EV consumption will have negative impact on component & forging industries.Read more