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Minda Industries to invest Rs 250 Cr to expand its two businesses

The expansion comes in line with the improved market scenario and increased demand, wherein the said businesses have been operating at near capacity.Read more

STMicroelectronics’ SPC56 automotive microcontrollers to be offered till 2034

SPC56 automotive microcontrollers, which we launched in 2014, are deployed in millions of powertrain, chassis, and body-electronics applications worldwide.Read more

PG Electroplast to expand Ahmednagar facility with Rs 100 cr investment

With this investment, the company aims to expand the facility into an integrated manufacturing campus to increase production capacity of air conditioners and other appliances. The campus will also house new capabilities of sheet metal and powder coating.Read more

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

Ola to use Siemens’ digital solution to build Rs 24 bn EV facility in India

With an initial capacity of 2 million units a year, it will be the largest scooter manufacturing facility in the world. It will serve as Ola’s global manufacturing hub catering to its customers in India as well as key markets across Europe, UK, Latin America and ANZ.Read more

Freudenberg’s car cabin air filters offer protection against Coronavirus

Thanks to a sophisticated dual mode of action, micronAir proTect line filters - manufactured by the German firm for car makers - present a viable option next to other available cabin filter solutions, including the high-efficiency particulate air (HEPA) filtersRead more

Valeo launches compact electric powertrain for 2W & 3W in India

This system - based on 48V technology - is an integrated solution that combines the strengths of proven products - notably the motor and the transmission unit - with the application and systems expertise of Valeo. A single solution, it will meet all the power needs for a wide range of two (2W) and three-wheeler (3W) formats in India.Read more

Reconsider Haryana’s rule of 75% reservation for locals in pvt sector: ACMA

The Automotive Component Manufacturers Association of India (ACMA) believes that such a move would not only adversely impact the ‘ease of doing business’ in the state, but also be detrimental to Haryana’s image of an industry friendly state and in attracting future investments.Read more

Competition Commission hosts virtual workshop with BRICS on automotive sector

The CCI is the project co-lead of the Automotive Working Group (AWG) along with the Competition Commission, South Africa.Read more

igus presents new IAA utility vehicle products in a live show

igus experts will show how motion plastics can reduce costs and improve technical performance in the automotive area.Read more

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