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India's auto component market sees record turnover of Rs 4.2 lakh crore in FY22

With 23% growth in 2021-22, Indian auto component industry clocked highest-ever turnover. Exports grow by 43% and imports by 33% clocking trade-surplus for the first time. Auto component aftermarket grows 15% to Rs 74,203 crore Read more

M M Huzeifa offers precision locknuts of SPIETH-Maschinenelemente

M M Huzeifa offers precision locknuts of SPIETH-MaschinenelementeRead more

Schaeffler India opens aftermarket experience center in Pune

The first experience center in Pune is dedicated to Schaeffler aftermarket products. The center covers products from leadings brands LuK, INA, FAG, and Schaeffler TrupowerRead more

AspenTech completes transaction with Emerson Electric

New, diversified company boasts broader scale, capabilities and solutions.Read more

Danfoss starts hydrostatics production line at Pune facility

Eaton Fluid Power Ltd, a member of Danfoss group, has launched a new production line for hydrostatics at its state-of-the-art facility in Pimpri, Pune, to cater to the demand of the local agriculture sector. Danfoss is the first organisation to have manufacturing capability of hydrostatics transmission solutions in India.Read more

Danfoss' Eaton Fluid Power starts hydrostatics production line at Pune facility

The addition of this new hydrostatics line will help improve the energy efficiency and sustainability quotient of applications where these solutions are deployed.Read more

Yokogawa receives order for water facility management system in Ethiopia

Yokogawa Electric Corporation's subsidiary Yokogawa Middle East & Africa has received an order for an integrated water facility monitoring and management system from the Addis Ababa Water and Sewerage Authority (AAWSA), which is responsible for the water supply and wastewater treatment systems that serve the Ethiopian capital city of Addis Ababa. Read more

India is key a contributor to ZF’s global success

ZF Commercial Vehicle Control Systems India Limited (formerly known as WABCO India Ltd) became part of the ZF Group in May 2020 following ZF’s successful acquisition of WABCO. It is a key regional business within ZF’s Commercial Vehicle Solutions (CVS) division which was launched on January 1, 2022. Read more

Warburg Pincus acquires majority stake in Imperial Auto

Stone Plant Investments B.V., an affiliate of Warburg Pincus (a leading global private equity firm), has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies. EY acted as the sole financial advisor to Imperial.Read more

PIRE aims to reach Rs 2,000 cr orders in the next two years

Godrej Electricals & Electronics’ Power Infrastructure & Renewable Energy (PIRE) business offers solutions for power transmission and distribution (T&D) and renewable energy projects. In this interview with Rakesh Rao, Raghavendra Mirji, Senior Vice President & Head – PIRE, Godrej Electricals & Electronics, Godrej & Boyce, highlights on the challenges & opportunities in the T&D sector and how the division is geared up to tap the market potential. Read more

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