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Uncertainty over rare-earth magnets supply hurting Indian auto industry

According to ICRA, inventories of rare earth magnets may last only until mid-July 2025 for certain automotive applications. It adds that contingency options appear ridden with logistical, regulatory, and engineering complexities.Read more

Minda Corp, Japan's Toyodenso form JV for advanced automotive switches in India

The joint venture will set up a greenfield facility in Noida (Uttar Pradesh) with operations expected to commence in the second half of FY 2026–27.Read more

Germany's Festo opens Rs 5 bn facility in Hosur, reinforces India commitment

The manufacturing facility, which will concentrate on the production of advanced pneumatic automation components, aims to cater to both domestic and global markets by delivering high-precision automation solutions.Read more

Setco Automotive enters engine cooling market with new water pump launch

Setco Automotive expands its product range with a new water pump for LCVs and MHCVs, reinforcing its presence beyond clutches into engine cooling solutions for global OEM and aftermarket clients.Read more

Can India’s Exports Takeoff Amid Global Market Uncertainty?

India's merchandise exports are navigating a complex global landscape marked by economic and geopolitical turbulence, including trade wars. India needs to take multiple measures to build a resilient, competitive manufacturing sector capable of capturing a larger share of global trade in an uncertain world, says Rakesh Rao. Read more

Low-emission brake disk: Best practice in data-driven production

Eurozone's decision to equip new car models with low-emission braking systems from next year represents a technological leap for the manufacturing industryRead more

Indian auto component industry expects 8-10% growth in FY25: Vinnie Mehta

In this interaction with Rakesh Rao, Vinnie Mehta, Director General of Automotive Component Manufacturers Association of India (ACMA), presents his views on the impact of recent global events on Indian auto components industry.Read more

Low-emission brake disk: Best practice in data-driven produc

Eurozone's decision to equip new car models with low-emission braking systems from next year represents a technological leap for the manufacturing industry.Read more

Lumax Auto Tech to fully acquire IAC India, boosting auto interiors presence

IAC India operates five manufacturing plants across India, with two located in Chakan, Pune, and one each in Manesar, Nashik, and Bangalore. It also houses a state-of-the-art engineering centre in Pune.Read more

Minda Corp appoints Ajay Agarwal as President – Finance & Strategy

In his new role, Agarwal will be formulating strategies and developing organisation structure to facilitate growth.Read more

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