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Elconconnectors Cables ties up with Indonesian firms to make auto wiring harness

JV partners – Elconconnectors, PT Askara Internal and PT Banshu Group - will invest Rs 20 crore to build a facility for manufacturing customised wiring harness for automotive OEMsRead more

Meritor and Automotive Axles open axle assembly facility for automotives

The new assembly facility expands Meritor India’s production capacity by 25%, equipping it to better serve customers in the commercial vehicle, off-highway and defense sectors.Read more

Jaya Hind Industries produces complex aluminium structural parts for automaker

Foray into large aluminium structural parts manufacturing will open up new opportunities for Jay Hind, a part of Dr Abhay Firodia Group, given the severe pressure on OEMs to reduce vehicle weightRead more

EV buyers to get benefit of additional IT deduction of Rs 1.5 lakh: Budget 2019-20

To further incentivise e-mobility, budget 2019-20 has exempted customs duty on certain auto components (parts) of electric vehiclesRead more

Budget announces changes in customs duty for some products

Import of defence equipment, currently not manufactured in India, are being exempted from the basic customs duty, said Finance Minister Nirmala SitharamanRead more

Tata AutoComp to make Fortaco’s safety cabins for off-highway vehicles in India

A safety cabin has been designed by Finland-based Fortaco Group to suit Indian conditions and safety requirementsRead more

ACMA organises sixth MSME Summit for auto component makers

The topic of the summit was ‘An Enabling Environment for Global Leadership in Automotive Manufacturing’Read more

US-based auto component maker BorgWarner expands Tamil Nadu facility

The new 43,000-sq ft facility has a VCT production line which provides localised manufacturing in Kakkalur, Tamil NaduRead more

FAR is focusing more on exports to boost revenues

Fenwick And Ravi (FAR), a supplier of critical accessories to machine tools, is experiencing robust demand for its products due to pick up in automotive production and aerospace industry.Read more

Auto component firm Schaeffler India opens Pune facility

The company has announced successful completion of merger of INA Bearings India Pvt Ltd and LuK India Pvt Ltd with Schaeffler India LtdRead more

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