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Mahindra to acquire 58.96% stake in SML Isuzu for Rs 5.55 billion

M&M would also launch a mandatory open offer for acquisition of up to 26% stake from eligible public shareholders of SML in accordance with the SEBI Takeover Regulations.Read more

India’s auto exports hit record 5.36 million units in FY25

Passenger vehicle exports grew 15% to 7,70,364 units, with Maruti Suzuki and Hyundai Motor India leading the segment. Read more

TRUMPF unveils AI solution to boost automotive manufacturing efficiency

The solution takes a picture of the weld seam and AI analyses whether it meets the specifications defined by the user for the manufacturing process. Read more

Mitsubishi Electric plans capex investment in India’s CNC market

Additionally, rising demand in general engineering, medical, agriculture, and consumer products is contributing to the market’s expansion.Read more

Mushin revolutionises automotive manufacturing: Rachit Srivastava

The automotive industry operates under one of the most stringent regulatory environments globally. Every component produced by Tier 1 and Tier 2 suppliers must undergo rigorous audits to ensure compliance with international safety standards. In an interview with Sanskriti Ramachandran, Rachit Srivastava , CEO & Co-Founder, Mushin Innovation Labs delves into the digitisation of automotive manufacturing.Read more

Freudenberg expands with €42 million manufacturing plant in Morinda, Punjab

The facilities will cater to key sectors such as automotive and industrial manufacturing, ensuring the company remains competitive by optimising material flows and leveraging modernised equipment.Read more

Schmalz expands portfolio with Binar Handling’s ergonomic lifting solutions

The automotive industry is under constant pressure to improve efficiency, ensure worker safety, and maintain high levels of precision in production processes. As vehicles become more advanced, so does the complexity of their manufacturing. Read more

Robotics promises big productivity gains in auto industry: GlobalData

In a dynamic era of technological advancement, the automotive industry stands at the precipice of a revolution driven by robotics, as per GlobalData’s new research report, “Robotics in Automotive”.Read more

Anand Group to invest Rs 987 cr in Tamil Nadu for automotive manufacturing

The Group formalised this commitment by signing a Memorandum of Understanding (MoU) with the state government during the recent Tamil Nadu Global Investors Meet 2024 in Chennai.Read more

US allocates $15.5 bn to boost electric vehicle transition

The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).Read more

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