Abilities India Pistons & Rings Ltd., a name in the manufacturing of Pistons, Piston Rings, Gravity Casting, Pressure Die Casting, and Coatings, has announced the grant of its SECOND patent for its High-Pressure Die Casting (HPDC) process for lightweight piston manufacturing. This breakthrough is expected to reduce the weight of 2W/3W pistons by 10-15%, resulting in a substantial annual aluminium[Read More…]
Apollo Tyres Ltd has expanded Vredestein’s range of premium and luxury SUVs. Vredestein Pinza HT (highway terrain), a global product, has been introduced for the premium SUVs in India in 16 – 18 inch sizes, while the existing Vredestein Ultrac Vorti i has been expanded for luxury SUVs by introducing it in 21 and 22 inches. The ultra ultra-high performance[Read More…]
As of May 15, 2024, Clara Smith has assumed the role of Vice President of Strategy & Transformation. She will also become a member of the SMG, Seco Management Group, and report to Stefan Steenstrup, President of Seco. Clara is based in the UK. Clara brings a wealth of experience in strategy, transformation, and leadership to her new role. With[Read More…]
JK Tyre & Industries Ltd. inaugurated its 12th brand shop for commercial vehicles in Maharashtra, enhancing its last-mile presence in the State. This new facility is operated by ARM Logistic Solutions Pvt. Ltd was inaugurated by Anuj Kathuria, President (India), JK Tyre & Industries Ltd. Spread over 4,500 square feet and strategically located on State Highway 48 (Panvel-Kanyakumari), this cutting-edge one-stop shop[Read More…]
Uno Minda, a Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has recently announced the launch of the Uno Star 2.0 application in the Indian market. The application supports a total of 11 languages consisting of Hindi, English, Gujarati, Tamil, Telugu, Kannada, Malayalam, Marathi, Bengali, Assamese, and Oriya for better penetration in the local market. But[Read More…]
Bridgestone, a global leader in premium tyres and sustainable mobility solutions, has been chosen by Maserati to develop bespoke 20’’ tyres for its first all-electric SUV, the Maserati Grecale Folgore. After recent collaborations including fitments for the Maserati MC20 supercar and the Maserati Grecale, Maserati looked to its long-term partner for a tyre that could enhance the on-road capabilities of its first-ever all-electric[Read More…]
Remsons-Uni Autonics Private Limited (RUAPL) a part of the Remsons Group has announced its recent success in securing a LOI for a prestigious contract, marking a significant milestone in its journey toward continued growth and expansion. The total value of the order is Rs. 30 crore over a period of 3 years. After a rigorous selection process, RUAPL emerged earning[Read More…]
In a communication to the Government of India, the Automotive Tyre Manufacturers’ Association (ATMA) has stated that automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary. The government recently asked the industry to name items where India has the capabilities to be self-reliant so that upcoming FTAs could be drafted while safeguarding[Read More…]
The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, successfully hosted the 3rd edition of the ACMA Farm Equipment & Implements Localization Expo on May 21, 2024 in Ludhiana. With participation from over 60 prominent exhibitors, the expo garnered attention from dedicated B2B participants and industry stakeholders, fostering engagements between manufacturers and[Read More…]
Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its audited results for FY2024. The Board has recommended a dividend of Rs.4.50 per equity share (including an interim dividend of Rs.1.00 per equity share already paid) i.e. 225% for the financial year ending 31st March 2024. Commenting on the results, Dr Raghupati Singhania, Chairman and Managing Director[Read More…]
