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Godrej Tooling increases 10% investment YoY on R&D focusing EVs
In this interview with Rakesh Rao, Pankaj Abhyankar, Senior Vice President and Business Head, Godrej Tooling, explains new opportunities for component makers in automotives, especially in electric vehicles, and how his company is supporting the growth of this industry.Read more
Valeo displays solutions for green, safe and smart mobility at Auto Expo 2023
The Group demonstrated its latest technologies in the fields of greener, safer, and smarter mobility with a special focus on the four pillars of its “Move Up Strategy”Read more
Top four benefits of automated tube bending
The process of bending metal tubes is historically a labour-intensive one fraught with potential errors and safety issues. Automating this task could offer many benefits, says Emily Newton.Read more
SEG Automotive unveils high voltage machines for Indian auto makers
This scalable e-machine platform will set standards in terms of smooth operation and efficiency, thus maximising vehicle range.Read more
GEF Capital invests in auto component maker Hero Motors
With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector.Read more
Sona Comstar unveils its first sustainability report
As a technology leader, the company is enabling a reduction in GHG emissions through low-carbon mobility. Sona Comstar has increased its revenue share from Battery Electric Vehicles (BEVs) from 1.3 per cent in FY19 to 25 per cent in FY22. In absolute terms, it has grown 28 times to Rs 5 billion.Read more
Bharat Forge arm JS Auto buys Indo Shell Mould’s Erode unit
The SEZ Unit, with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers in the automotive industry and will operate as the third manufacturing unit of JS Auto.Read more
Schaeffler to showcase automotive aftermarket solutions at Auto Expo 2023
The company will exhibit a wide range of reliable and efficient products across engine, chassis and transmission solutions at Auto Expo Components 2023. It will also display a comprehensive range of oil & lubricant offerings along with other consumables under the Schaeffler TruPower brand.Read more
Gearing up for Kumbha Mela of machine tools, IMTEX 2023
The year 2022 saw a balanced growth for the industry starting on a high at the start and tapering down a bit in the second half of the year. Read more
Auto Expo Components 2023 to be held from Jan 12-15 at New Delhi
The event is essential in exhibiting the most recent innovations in automotive components for cars, trucks, electric vehicles, bearings, garage equipment, and spare parts in many markets.Read more