Text & Photos: Bhargav TS Reliance Industries is to play a major role in the automobile industry as the company is gearing up to increase the presence of plastics in vehicles. With the increasing demand from various sectors such as automobile, engineering, packaging, infrastructure, agriculture and healthcare, the Indian plastics industry is likely to witness a substantial growth in investment[Read More…]
Toyota Motor Corporation has recently announced that it will increase production of the “Mirai” fuel cell sedan, which launched in Japan on December 15, 2014. The new plan calls for production to increase from the 2015 level of 700 units to approximately 2,000 units in 2016 and approximately 3,000 units in 2017. Considering the approximately 1,500 orders received in the[Read More…]
Text : J Srikant Precision and pinpoint accuracy have become the keywords in the auto component industry as Indian firms now directly compete with their European counterparts. While the bigger players have relied on technology to help them improve on this front, the small and medium auto component makers are learning the ropes of using hi-tech devices to get the[Read More…]
As the automotive market in the ASEAN market continues to grow, it is becoming increasingly important for firms to connect with companies and customers. Automechanika Kuala Lumpur, Malaysia’s leading regional trade fair for the automotive industry targeting trade visitors from ASEAN, is expected to attract more than 6,000 visitors when it is held on 19 – 21 March 2015 at[Read More…]
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…]
