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Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

PG Electroplast enters electric vehicle manufacturing for Spiro Mobility

Spiro Mobility, which recently opened a Global Technology Office in Pune, India, is planning to develop green mobility solutions for the Indian market.Read more

AIFI hosts hosts event on current industry scene, technology & skill development

The event also featured the importance of energy price risk management and the challenges of navigating volatile energy prices amidst global disruptions. Read more

IIIT Hyderabad unveils self-driving car equipped with 3D LIDAR

Proffessor Madhava Krishna , Professor and Head- Robotics Research Centre and Kohli Center for Intelligent Systems (KCIS), IIIT Hyderabad, explains the works of the self-driving car.Read more

RSB Group celebrates 50 years of automotive journey; Aims 3x growth in 3-4 years

The company has adopted a strategic revenue mix, aiming for 75% from traditional auto components and 25% from EV components over the next five years.Read more

Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth

The EBITDA margin for Q2 FY25 stood at 16.2%.Read more

o9 and Valeo to drive digital transformation with seven year partnership

This partnership between o9 and Valeo is the result of Valeo’s effort to consistently improve its operations for better competitiveness and enhanced service to its customers.Read more

India levies anti-dumping duty on chemical imports from China, Korea & Thailand

The decision follows a recommendation by the Directorate General of Trade Remedies (DGTR) under the Commerce Ministry, which found that Epichlorohydrin was being sold in India below standard prices from these countries.Read more

ABB India upgrades Faridabad plant to enhance sustainability efforts

The facility has diverted 99% of its waste away from landfill, aligning with the company's long-term sustainability targets of zero waste to landfill.Read more

Minda Corporation achieved highest ever consolidated revenue of Rs 12.90 billion

During the quarter, the company signed a Technology Licensing Agreement with SANCO (China) to locally develop advanced Electrical Distribution Systems (EDS) solutions. Read more

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