ZF, the third largest supplier of automotive systems for passenger vehicles, commercial vehicles, and industrial technology, takes a significant step forward in its commitment to India’s growth with the grand inauguration of its manufacturing plant in Oragadam, Tamil Nadu. Spread over an area of 44.08 acres, the new manufacturing facility, which is phase I of the project, covers an area[Read More…]
Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its unaudited results for Q3 of FY2024. In Q3FY24, the company recorded a net revenue of Rs.3,700 Crs. and achieved an EBIDTA of Rs.563 Crs. clocking a remarkable growth of 61% compared to the same period last year. Notably, the net debt at Rs.3,456 Crs. registered a 24%[Read More…]
The Society of Indian Automobile Manufacturers (SIAM) organized the “सुरक्षित सफर” (Safe Journey) Pavilion during the Bharat Mobility Global Expo (BMGE) 2024 in association with mobility solution provider, Rosmerta, from 1st – 3rd February at Pragati Maidan, New Delhi. SIAM has undertaken a Road Safety initiative – “सुरक्षित सफर” (Safe Journey) – to address the issue of rising road accidents in India,[Read More…]
Tata Motors, India’s largest commercial vehicle manufacturer, introduced its technologically-advanced engine, Turbotronn 2.0, to deliver a new benchmark of excellence in trucking. Highly fuel efficient and reliable, this indigenously-developed, versatile engine will power Tata trucks in 19-42 tonne range for multiple applications across categories. Perfectly suited for rapidly growing e-commerce, logistics, parcel and courier segments, the Turbotronn 2.0 engine is[Read More…]
Ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024, ACMA, the apex body of the Indian auto component industry shared insights from its Global Automotive Aftermarket Research Report, conducted in partnership with leading advisory firm Ernst & Young. According to the study, which focuses on seven product categories namely engine parts, suspension & braking parts, transmission parts, braking parts, rubber components,[Read More…]
Agratas, Tata Group’s global battery business, and Tata Technologies, a global product engineering and digital services company, have announced their collaboration to scale Agratas’ product development and enterprise systems, supporting the design, development and manufacturing of best-in-class battery solutions. Leveraging Tata Technologies’ over 25 years of expertise in product development, digital engineering, digital manufacturing and product supply chain, Agratas will[Read More…]
Altair, a global leader in computational science and artificial intelligence (AI), will introduce its newly established Innovation Experience Centre and showcase its state-of-the-art AI-driven technology at the Symposium on International Automotive Technology (SIAT) January 23-25 in Pune. “The centre, located in the Altair office in Pune, will provide prospects and customers with a hands-on experience of Altair’s technology solutions –[Read More…]
Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship, and Jal Shakti, inaugurated Synopsys’ Chip Design Centre at DLF Tech Park in Noida. The event drew a distinguished audience, including senior leadership, employees, partners, and delegates from Synopsys. During his address the Minister said, “We are certainly living in the most exciting times today.[Read More…]
Continental Tires, one of the leading manufacturers of premium tyres, held an exclusive Track Day in Chennai, showcasing its latest developments in tire engineering, safety, and performance. The event allowed participants to try out its newly launched Cross Contact H/T, and see its Intelligent Tyres for trucks and buses in action instead of a mere demonstration of its product range.[Read More…]
Allison Transmission announced a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 933 has been ratified. The contract covers approximately 1,600 UAW-represented employees at Allison facilities in Indianapolis, Indiana and has a four-year duration, expiring on November 14, 2027. “This milestone represents the culmination of dedicated efforts from both our[Read More…]
