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Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

Stumpp Schuele & Somappa Springs signs JV with Japan’s Chuhatsu

Shahkar Abidi     calendar09 Sep 2024

The initial investment of approximately  Rs 25 crore will establish a production line capable of manufacturing 1,00,000 springs per month.

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Aim for $100 billion exports by 2030: Piyush Goyal to auto component sector  News
Aim for $100 billion exports by 2030: Piyush Goyal to auto component sector 

By Kiran Murali and Yukta Mudgal calendar09 Sep 2024

“Your [component makers] skills, talents, and hardwork will certainly help take this industry’s export to $100 billion...

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Auto component makers no longer fearful of EV transition - ACMA News
Auto component makers no longer fearful of EV transition - ACMA

autherShahkar Abidi calendar09 Sep 2024

“Five to six years ago, there was a lot of apprehension. Nobody says anything anymore," says DG Vinnie Mehta

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India's AutoComp Inc set to triple in size to USD 200 billion News
India's AutoComp Inc set to triple in size to USD 200 billion

By Mayank Dhingra calendar09 Sep 2024

Led by the emerging trends of rising demand for premium vehicles, alternative propulsion tech, and unlocking overseas ...

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Pritika Group eyes Rs 950 crore sales in 3 years with order book of Rs 650 crore News
Pritika Group eyes Rs 950 crore sales in 3 years with order book of Rs 650 crore

autherAutocar Professional Bureau calendar09 Sep 2024

"We target to achieve sales of approximately Rs 900 to Rs 950 crore, with a PAT margin of 7-10% in next three years," ...

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India must position itself as hub for affordable mobility components – Hisashi Takeuchi News
India must position itself as hub for affordable mobility components – Hisashi Takeuchi

autherKetan Thakkar calendar09 Sep 2024

He suggested five steps for the industry to adopt: offer technologically advanced features at affordable prices, suppo...

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India to become the largest lithium-ion battery exporter in 5 years: Nitin Gadkari News
India to become the largest lithium-ion battery exporter in 5 years: Nitin Gadkari

By Yukta Mudgal and Kiran Murali calendar05 Sep 2024

Minister of Road Transport and Highways Nitin Gadkari noted that a lot of research is going on in different types of b...

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Reliance Industries to start operations at battery gigafactory in second half of 2026 News
Reliance Industries to start operations at battery gigafactory in second half of 2026

By Kiran Murali calendar29 Aug 2024

The battery manufacturing gigafactory, which will have an annual capacity of 30 GW, will initially assemble battery sy...

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India’s tyre exports grow 17% YoY in Q1 FY25 News
India’s tyre exports grow 17% YoY in Q1 FY25

By Kiran Murali calendar29 Aug 2024

Tyre exports in the April-June period came in at Rs 6,219.38 crore, against Rs 5,313.48 crore in the year-ago period, ...

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Hanon Systems’ fourth-gen heat pump system for EVs used in Kia EV3 News International
Hanon Systems’ fourth-gen heat pump system for EVs used in Kia EV3

autherAutocar Professional Bureau calendar29 Aug 2024

Latest heat pump system is the first to employ a parallel heat source recovery method, utilizing waste heat from the m...

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POLL OF THE MONTH

Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

Yes

 

31.91%

No

 

23.64%

Only in Premium Segment

 

44.44%

Total Votes : 423