Corporate

Shanthi Gears PAT up by 68%

Shanthi Gears PAT up by 68%

Shanthi Gears Ltd. (SGL) a subsidiary of Tube Investments of India Ltd, (TII) recently announced its financial results for the quarter ended 30th June, 2018. The turnover for the quarter was higher by 10% in comparison to the same quarter of the previous year and at Rs. 61.95 crore against Rs. 56.49 crore in the same quarter of the previous[Read More…]

by August 6, 2018 Corporate, News
Faurecia breaks ground for new interiors plant in Andhra Pradesh

Faurecia breaks ground for new interiors plant in Andhra Pradesh

Faurecia Interior Systems (FIS) has commenced the construction of its new Rs 50-crore instrument panel (IP) plant in Andhra Pradesh. The greenfield factory is located at Kia Motors India’s component Vendor Park ‘A’ at Ammavaru Palli, Penukonda Tehsil, Anantpur district in Andhra Pradesh. Faurecia recently bagged the order from Kia Motors for the first time. The IP manufacturer will supply[Read More…]

by June 15, 2018 Corporate, Events, News
Force Motors to produce Rolls-Royce engines in India

Force Motors to produce Rolls-Royce engines in India

Story by: Bhushan Mhapralkar Following, manufacturing engines for Mercedes-Benz and BMW automobiles sold in India, Force Motors has now entered into a joint venture with Rolls-Royce Power Systems AG. The joint venture company, Force MTU Power Systems Pvt. Ltd., will have Force Motors holds 51% stake and Rolls-Royce Powers Systems the remaining. With an investment of Rs. 300 crore (in[Read More…]

by May 2, 2018 Corporate, News
Western Digital develops digital storage devices for automotive industry

Western Digital develops digital storage devices for automotive industry

Story by: Ramya Srinivasan The California-based Western Digital Corporation (WDC), an innovator in the storage industry, has designed and developed specially-tested products which are certified to automotive industry standards with NAND flash technology. WDC develops and manufactures storage solutions that enable industries to create, manage, experience and preserve digital content. Western Digital has 4 sub-brands: G-Technology, HGST, SanDisk, and WD[Read More…]

by April 19, 2018 Corporate, Focus, Special Report
SUN Mobility launches Interoperable Smart Mobility solution

SUN Mobility launches Interoperable Smart Mobility solution

SUN Mobility, led by Chetan Maini (Founder of India’s first electric car, Reva) and Uday Khemka (Vice Chairman of SUN Group), today launched its global, interoperable smart mobility solution for two and three-wheeler electric vehicles at their brand new 47,500 sq. ft. technology development centre in Bengaluru. SUN Mobility’s energy infrastructure platform is a first of its kind universal architecture[Read More…]

by April 17, 2018 Corporate, Globescan, News, OEM
Axalta inaugurates new facility; doubles coating manufacturing capacity

Axalta inaugurates new facility; doubles coating manufacturing capacity

Axalta, a leading global supplier of liquid and powder coatings, inaugurated its new coating manufacturing plant at Savli, Vadodara in Gujarat, India. The 5,200 square meter plant is part of Axalta’s Savli manufacturing site that produces Axalta coatings for refinish, automotive parts, and commercial vehicle customers. The new plant will double Axalta’s coating manufacturing capacity to meet the growing demand for coatings in light[Read More…]

by April 6, 2018 Corporate, Events, News
WABCO launches Intelligent Trailer Program in India

WABCO launches Intelligent Trailer Program in India

WABCO India Limited launched it Intelligent Trailer Program at WABCO India’s test track in Chennai. WABCO’s award-winning Intelligent Trailer Program is an industry-first initiative now being launched in India. Bringing advanced technology to India’s important growth market, the Intelligent Trailer Program leverages the capabilities of WABCO’s trailer anti-lock or electronic braking control systems to provide a platform for up to[Read More…]

by March 28, 2018 Corporate, News, OEM
Maxxis Tyres inaugurates its first manufacturing plant in India

Maxxis Tyres inaugurates its first manufacturing plant in India

Maxxis Rubber India, a sub-company of Maxxis Group, one of the largest two-wheeler tyre manufacturers, inaugurated its first manufacturing facility in Sanand, Gujarat. The plant was inaugurated by Shri Vijaybhai Rupani, Chief Minister, Gujarat, in the presence of Tsai-Jen Lo, Chairman, Maxxis Group, Cheng-Yao Liao, President, Maxxis India and Jia-Ciao Liou (Gary), Spokesperson, Maxxis India. The plant with an investment[Read More…]

by March 8, 2018 Corporate, News
Maxion Wheels holds bhoomi poojan to celebrate new passenger car aluminum wheel plant in Pune, India

Maxion Wheels holds bhoomi poojan to celebrate new passenger car aluminum wheel plant in Pune, India

Maxion Wheels, the leading wheel manufacturer, held a ground breaking ceremony (Bhoomi Poojan) on the future site of its 25,000 square meters plant in Khed City, Pune on 19th February 2018. Hundreds of guests, including company dignitaries, customers, suppliers and associates attended the traditional Hindu event, which included a plaque unveiling and traditional ground breaking ritual. During his ceremony speech,[Read More…]

by February 19, 2018 Corporate, News
Steelbird International launches tyres and tubes

Steelbird International launches tyres and tubes

Steelbird International has launched tyres and tubes for two-wheelers and e-vehicles during Auto Expo 2018. This new product ranges from the stable of Steelbird International was unveiled by Mr. Nirmal K. Minda, President, Automotive Component Manufacturers Association of India (ACMA) in the avid presence of many industry veterans and media professionals in Stall No.12 of Hall No.12A on the inaugural day of the exhibition.[Read More…]

by February 9, 2018 Corporate, News