Spurred by sustained strong demand in the automotive industry, Dürr’s order intake rose by 7.3% to € 1.9 billion in the first nine months of 2014. With a 30.3% gain over the previous year in the third quarter orders retained the high momentum which they had shown in the second quarter of 2014. Order intake for all of 2014 is[Read More…]
Text: J Srikant Many are calling Defence and Aerospace the sunshine sectors when it comes to manufacturing and it is slowly taking wings in India too. Auto component industry, which has been one of the most prominent manufacturing sectors since liberalisation in the early 1990s, is looking to corner a piece of the pie. To give a glimpse into the[Read More…]
J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]
