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Auto component industry sees 9.8% rise with Rs 6.14 trillion trade surplus

Domestic component supply to original equipment manufacturers (OEMs) grew by 8.9% to Rs 5.18 trillion, with the electric vehicle (EV) manufacturing sector accounting for 6% of total component production.Read more

Bharat Forge Class-8 truck orders in North America fall to 14-month low

The defence-to-auto component-supplier Bharat Forge has presence in the class 8 trucks market in North America. Bharat Forge late last month had announced an additional investment of $40 million in Bharat Forge America.Read more

Critical EV components to be localised by 2030

Achieving 100% localisation in India is not feasible due to the scarcity of certain rare earth materials, limited lithium-ion mining, and low levels of electronics manufacturing.Read more

How to build India’s global manufacturing capabilities?

The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

Minda Corporation forms JV with Taiwan’s HCMF for sunroof and closure technology

The JV aims to provide cutting edge technology backed by the state-of-the-art manufacturing of sunroof and closure technology products for passenger cars by localisation in India.Read more

EMAG India shifts manufacturing landscape

In this interview with Rakesh Rao, Gujuraj Patil, MD, EMAG India, explores trends in the machine tool industry and new opportunities for EMAG.Read more

Aerospace has emerged as a key demand driver for Trishul Machine Tools."

In a candid conversation, C S Shiva Shankaraiah, Managing Director, Trishul Machine Tools Pvt Ltd, delves into the company's journey and emerging prospects for its future growthRead more

Freudenberg India to invest Rs 350 crore in CY 2024 for expansion

Globally, Freudenberg Group’s operating profit reaches Euro 1.1 billion, surpassing the 1 billion mark for the first time (up 15 percent). Read more

Greaves Cotton ropes in Tsuyo to make components for low-speed 3-wheelers

This collaboration underscores Greaves Cotton's endeavour to leverage Tsuyo's expertise in electric vehicle technology and manufacturing machinery to enhance its capabilities in the electric L3 vehicle domain.Read more

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