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Heavy machines are driving demand for industrial lubricants

The global market is segmented by product type — general industrial oil & grease, transmission and hydraulic fluid, metalworking fluid, gear oil, etc., as well as end user industry like heavy equipment, food and beverages, automotive, steel, and such. The global metal cutting, and machine tool accessories market is growing.Read more

Balu Forge buys Mercedes Benz’s German precision machining unit

Balu Forge Industries Ltd (BFIL) - the Mumbai-based manufacturer of fully finished and semi-finished forged crankshafts and other forged components for automotive industry - has acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim (Germany). Read more

SKF develops bearings to overcome challenges in EV making

The company’s technologies help automakers accelerate electric vehicle (EV) development & production. SKF addressed some of the challenges unique to EVs by redesigning the bearings and their components, such as the polymer cage, rolling components and by using special lubricating grease.Read more

Budget 2022 - ACMA: Ensure uniform 18% GST on all auto components

Automotive Component Manufacturers Association (ACMA) has recommended enhancement of RoDEPT rates and measures to encourage capital investment in auto component industryRead more

Continental achieves production milestone of 1 mn airbag control units

Continental’s Bengaluru plant reached a milestone for producing one million Airbag Control Units (ACUs), a landmark achieved in a single calendar year. Read more

Dayco adds new viscous damper production line in India

Leveraging its global manufacturing and R&D capabilities, Dayco, a leading engine product and drive systems manufacturer for the automotive, heavy-duty, and industrial market segments, announces the addition of its new state-of-the-art viscous damper production line at Manesar, India, serving commercial vehicles, off-highway, and light-duty OEMs across the globe.Read more

Igus sees opportunity coming from all segments in India

India is growing fast and with more and more industries adopting automation, the demand for moving parts is set to rise exponentially. With its core capabilities motion plastics, Igus will drive Indian industry across most segments and is slated for phenomenal growth. In this interview with Rakesh Rao, Santhosh Jacob, Country Manager and Director, Igus India, talks of his company's “Improve What Moves” maxim, emerging trends and future prospects.Read more

Gleason releases new LINE account in Japan

The global gear technology leader Gleason Corporation has released its new LINE account, designed to enhance communications with customers in Japan.Read more

Indian auto component industry grows 65% in H1 2021-22: ACMA

Auto component manufacturers have now, by and large, recovered and the investment cycle has also commenced, according to Sunjay Kapur, President, Automotive Component Manufacturers Association of India (ACMA).Read more

Godrej Tooling expects 30% YOY increase in revenues

E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more

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