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Wendt India is targeting high double-digit growth rate: Ninad Gadgil
In this exclusive interview with Rakesh Rao, Ninad Gadgil, Executive Director & CEO, Wendt India Ltd, elaborates on the evolving machine tools market and the company’s future plans.Read more
Booming in construction and auto sales driving dies and molds demand in India
Automation is increasingly being adopted in the die-casting process to enhance efficiency and reduce production costs, according to the Technavio report.Read more
Govt approves Rs 2.46 billion PLI incentive for M&M, Tata Motors
The PLI scheme, launched on September 15, 2021, is designed to strengthen India’s manufacturing capabilities in AAT products, improve cost competitiveness, and develop a robust supply chain. Read more
Slowing demand to curb auto component revenue growth to 6-8%
Exports are vital, currently constituting 15% of total revenue, down from about 17% in fiscal 2022. Although export growth is slowing, India's increasing share of high-margin, critical components— accounting for around 60% of export revenue in fiscal 2024 — will support profitability. Read more
Pricol Limited to acquire Sundaram Auto Components’ Injection Moulding business
The debt-free acquisition is being made through an all cash deal for an amount of Rs 2.15 billion and is subject to adjustments, if any, as defined in the agreement at the time of closing the deal.Read more
Riding the Trump triumph wave!
Riding the Trump triumph wave!Read more
On a fast-track growth
On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more
Bain Capital to invest in auto component maker RSB Transmissions
Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more
Indian EV market expected to grow at over 40% CAGR till 2027: Niveshaay
The EV sales volume in India could touch around 3-4 million units by 2025 and 10 million by 2030.Read more
Goyal urges auto component makers to seek investment from EFTA countries
The minister urged the industry to create a road map to become the world's largest auto market, combining organic growth with international outreach. Read more