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Schmalz India aims for Rs 100 cr turnover; opens new plant in Pune
The new plant will manufacture the handling systems which it has been providing till date from Germany. The products will now be assembled in India and also certain parts will be localised.Read more
FLASH joins hand with Polish firm Elimen to make 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
TDK to show over 100 technologies at electronica
TDK plans to make its largest appearance to date at electronica this year, dividing into three booths, each with its own focusRead more
TDK with its largest appearance to date at electronica
TDK will show more than 100 technology highlights at the exhibition. Passive components as well as sensor technology will be showcased at the main booth A5.107.Read 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