CCI approves the acquisition of 100 per cent shareholding of WABCO Holdings Inc. by ZF Friedrichshafen AG, under Section 31(1) of the Competition Act, 2002. Story by: Deepti Thore The Proposed Transaction subject to the carrying out of modifications proposed by ZF Friedrichshafen AG(ZF), under Regulation 25 (1A) of the Competition Commission of India (Procedure in regard to the transaction[Read More…]
The fourth edition of Auto Components India Awards 2020 held the stakeholders of the components and the allied industry in high esteem. New entrants with disruptive technologies stood out, in particular, this year. Photos: Mahesh Reddy A year away from turning half a decade old and honouring the stakeholders of the automotive component and allied industry, the fourth edition of[Read More…]
#NewsAlert Rane Group has announced multiple senior management changes within its two companies. The manufacturer of safety and critical components, Rane Group has appointed L Ganesh, Managing Director, Rane Engine to serve as a non-executive Chairman of the company from April 01, 2020, after serving in his current role for three years, confirmed the company. They have appointed Murali K[Read More…]
Written by: Manav Kapur, Executive Director, Steelbird International When Wuhan in China becomes the epicentre of Coronavirus, the crisis brought a watershed moment for the automobile sector of India, which outsources various components from the world’s largest manufacturing hub. India is the prosperous abode of USD 100-billion automotive industry; the fourth-largest in the world and an employer to more than[Read More…]
ZF has launched the first front Electric Park Brake (EPB) technology. Claimed to be ideal for smaller vehicles, it offers enhanced safety and comfort extending the company’s range of Electric Park Brake (EPB) systems to a wider range of vehicles. Eliminating the need to feature the classic handbrake lever or park brake pedal, it will help replace the manual lever[Read More…]
KM Mammen, Chairman and Managing Director, MRF Ltd. and Anshuman Singhania, Deputy Managing Director JK Tyre & Industries were unanimously re-elected as Chairman and Vice-Chairman of Automotive Tyre Manufacturers’ Association (ATMA), the national industry body for automotive tyre sector in India. Serving as Chairman and Managing Director of MRF since 2003, KM Mammen is credited for helping the company clock[Read More…]
As per a Frost & Sullivan report, utilities will employ demand response and coordinated charging to overcome grid capacity constraints. Team ACI Greater vehicle electrification has given rise to the use of disruptive technologies like Vehicle-to-Grid (V2G) and peer-to-peer blockchain trading says a Frost & Sullivan report – Larger Electric Vehicle Parc to Generate Investment Opportunities in the Utility Grid[Read More…]
Held at Las Vegas, US, between January 07-10, 2020, the CES 2020 was big on the display of automotive technology that can change the world. Story by: Ashish Bhatia Exhibiting the latest and the most futuristic trends including protos, the leading consumer electronics show allowed a peekaboo into the future roadmap under works by Original Equipment Manufacturers (OEM). The[Read More…]
The emerging trends and innovations in the Cold Chain Industry have convinced the stakeholders of a 2X growth potential by 2025. Story by: Deepti Thore and Deven Lad The India Cold Chain Show 2019 organised by Reed Manch Exhibitions, India was held at the Bombay Exhibition Centre (BEC), in Mumbai. It began on an optimistic note setting aside the whispers[Read More…]
In a stellar show, the 10th edition of Excon 2019 rode on the growth momentum of the construction equipment industry and technological advancements. Story by: Anwesh Koley The 10th edition of Excon was a stellar show. Held in Bengaluru at the Bangalore International Exhibition Centre (BIEC), the exhibition strongly echoed positive sentiments. Organised by the Ministry of[Read More…]
