Corporate

Elofic’s new plant to be ready by 2016, plans to focus on exports

Elofic’s new plant to be ready by 2016, plans to focus on exports

The upcoming plant of the automotive filter major Elofic Industries is slated to be operational by end of 2016. The plant coming up near Ahmedabad in Gujarat at an investment of about Rs 80 crore will add another 60 million units to the company’s existing filter manufacturing capacity. Currently the company has 5 plants – three plants in Faridabad in[Read More…]

by June 11, 2014 Corporate
Comstar Automotive gets Silver at Ford Global Supplier Excellence Award 2013

Comstar Automotive gets Silver at Ford Global Supplier Excellence Award 2013

Chennai bases Comstar Automotive Technologies Private Limited has won the prestigious Ford Global Supplier Excellence Award in ‘Silver’ category. It was given for the supply of starter assemblies. The award was received by the CEO of the company, Sat Mohan Gupta at Ford Global Top Supplier Meet at Dearborn, NA on 22nd May’14. Instituted 16 years ago, the ‘World Excellence[Read More…]

by May 31, 2014 Corporate, News, Web Exclusive

Sona Koyo Steering Systems Q4 net down despite increase in sales

Steering Systems manufacturer Sona Koyo Steering Systems Limited has witnessed increase in net sales by 7.2% to Rs 281.9 crore for the quarter ended 31 March 2014 against Rs 262.9 crore reported during the preceding quarter ended December,2013. Profit after Tax for the quarter is Rs 10.6 crore against Rs 36.9 crore (including exceptional item on account of sale of[Read More…]

Omax Autos drives into truck assembly

Omax Autos drives into truck assembly

Omax Autos Limited, a tier-one supplier of critical assemblies like frame assembly to OEMS in CV segment, has recently entered the complete vehicle assembly. Omax Autos Ltd has already received an initial order of 20 vehicle assemblies from a renowned truck OEM. Speaking on the occasion, Kishor Karnataki, President & CEO – PC & CV said, “A focussed assembly cell[Read More…]

by May 20, 2014 Corporate, News, Web Exclusive
Renesas Electronics establishes its subsidiary in India

Renesas Electronics establishes its subsidiary in India

  To expand global footprint and to accelerate business expansion, Renesas Electronics Corporation today announced the opening of Renesas Electronics India Pvt. Ltd., a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd. The company will be headquartered in Bangalore. Through this global expansion, the company expects to provide customers with market-specific and innovative semiconductor solutions. Guests from the Embassy of[Read More…]

ZF Friedrichshafen AG’s 122nd plant coming up in Pune

ZF Friedrichshafen AG’s 122nd plant coming up in Pune

The plant will be commissioned in 2015 when the parent company celebrates its centenary Rudi vo Meister, president – Asia- Pacific, ZF, behind the wheels of Tata Nano ZF India Private Limited, the wholly-owned subsidiary of ZF Friedrichshafen AG, is setting up a new facility at an investment of Rs 150 crore to house Car Powertrain, Commercial Vehicle Technology, ZF[Read More…]

by May 2, 2014 Corporate
Endurance bags Tata Motors biz

Endurance bags Tata Motors biz

Story & Photography : Bhargav TS Endurance Technologies, manufacturer of suspensions, braking systems, clutches, castings and alloy wheels has bagged an order from Tata Motors for its Light Commercial Vehicles (LCV). This business involves supply of hydraulic drum brake system, 240,000 units annually. The order from Tata Motors has made the Aurangabad-based component manufacturer foray into the LCV segment. Currently[Read More…]

by April 30, 2014 Corporate
Suprajit group on expansion mode

Suprajit group on expansion mode

The company looks at product diversification and increasing footprint for future growth Different kinds of cables Bangalore headquartered Suprajit group is expanding its product portfolio while also improving business with existing customers in both domestic and export sectors. The company that makes liner cables is also chalking out aggressive plans to increase its presence in the aftermarket. Speaking to Auto[Read More…]

by April 30, 2014 Corporate
Sandhar inks pact with Han Sung International

Sandhar inks pact with Han Sung International

The joint venture company will make high precision pressed parts for auto and allied industries DN Davar, chairman, Sandhar Technologies, Young Ku Cho, president, HSIMP, Jayant Davar, co-chairman & MD, Sandhar Technologies and Chung, TAE-In, minister, Embassy of the Republic of Korea. Auto components major Sandhar Technologies Limited has signed a 50:50 joint venture with Han Sung International Module Press[Read More…]

by April 29, 2014 Corporate
Hella Automotive eyes two-wheeler segment

Hella Automotive eyes two-wheeler segment

Hella Automotive India (HAI), the Indian arm of German major Hella, having secured for itself a niche in the four-wheeler electronics segment manufacturing auto sensors, actuators and horns, is now planning to foray into the two-wheeler segment. Naveen Gautam, managing director, HAI, said two-wheeler segment is a big market in India that cannot be ignored anymore. Moreover, bikes today are[Read More…]

by April 29, 2014 Corporate