Cars have evolved into an expression of identity and passion over time, becoming synonymous with style and status. That is why car owners take great care to keep their vehicles in pristine condition. However, with limited knowledge, they tend to choose sub-standard products, including wheels, that seemingly add to the personality of their cars but compromise their safety. The aftermarket[Read More…]
Bridgestone India’s plant at Chakan in Pune district has been verified as being carbon neutral for the year 2022. LRQA conducted an audit in the months of May-June 2023 and post the audit the Pune plant stands verified as carbon neutral for 2022, according to the international PAS 2060 standard[1] by leading global assurance partner, LRQA. The certification marks an important milestone[Read More…]
The Union Cabinet, chaired by the Prime Minister approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up to 40 per cent of the capital cost as budgetary support in the form of Viability[Read More…]
With India joining the global ‘Right To Repair’ movement, Ashish Bhatia is optimistic about the equilibrium being restored in automotive. A global movement, ‘Right-To-Repair’ is customer-centric and aims to be an equaliser. The movement advocates for the right of individuals and small businesses to repair and modify their own electronic devices, appliances, and other products. If adhered to, in the[Read More…]
Telangana’s Information Technologies and Industries Minister, KT Rama Rao has reached the United Kingdom for a three-day visit. This visit is focused on attracting foreign investments for the State. The Minister will meet with industry leaders and business associations to highlight the state’s investment-friendly environment and impressive progress across various industry sectors. He will also participate and speak at[Read More…]
Gabriel India says that an investment of around USD 22 million (Rs 181 crore) will be made in order to set up a new manufacturing plant in Chennai. Automotive supplier Anand Group-backed Gabriel India has announced to come in a technical collaboration with Dutch-based Inalfa Roof Systems (Inalfa) to manufacture sunroofs in India. Gabriel is in the business of manufacturing[Read More…]
The MRF Futures stock valuation on Monday breached the INR One-Lakh mark, due to the lower price of raw materials before settling at INR 98,320.80 on the National Stock Exchange. MRF futures experienced a decline of 0.51 per cent from its previous closing price. The stock reached an all-time high of INR 99,933.50 during intraday trade in the cash market,[Read More…]
Press Release Joining NDS enables ZF to contribute to the global standard for digital map data needed for a wide range of digital mobility applications NDS provides clearly defined interfaces and specifications for storing and streaming map data Basis for the development of driving functions and map-based services Standard makes important contribution to automated and connected mobility and corresponding[Read More…]
Press Release Schaeffler India appoints Seshan Iyer as President of Industrial business Leading industrial and automotive supplier, Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) today announced the appointment of Mr Seshan Iyer as President – Industrial India. In his role Seshan Iyer will be responsible for formulating and executing the strategy to drive the growth of Industrial Business for Schaeffler India.[Read More…]
Press Release ZF Aftermarket continues the expansion of its product and solutions portfolio for the Indian market Wide range extension for India with the launch of TRW shock absorbers, brake pads, and brake discs Perfectly matched components get the best out of the brake system ZF driving its Next Gen Mobility strategy further in the region ZF Aftermarket is expanding[Read More…]
