Rane Brake Lining Limited (RBL), part of auto component major Rane Group, has been ranked as one of the top ‘Best Workplaces’ in India for the second year in a row by the Great Place to Work Institute. This year Rane Brake Lining Limited has been ranked 3rd in the auto component industry. RBL, a part of the Rane group[Read More…]
SasMos celebrated the establishment of its new and exclusive state-of-the-art ‘Centre of Excellence’ for ISRO’s space grade harnesses. Dr S K Shiva Kumar, Director, ISRO Satellite Centre, Bangalore inaugurated the facility. H G Chandrashekar, Managing Director, SasMos HET Technologies, handed over the first set of harnesses made in this new facility for ISRO’s Indian Regional Navigation Satellite System (IRNSS -1E),[Read More…]
38 companies from the state of Tamil Nadu have made way to the recently released fourteenth edition of Dun & Bradstreet India’s, ‘India’s Top 500 Companies’ report, which profiles India’s most well – respected and high performing companies on the basis of various financial parameters. Dun & Bradstreet (D&B), the world’s leading provider of global business information, knowledge and insight,[Read More…]
Udit Sheth Clutch major Setco is firing on all cylinders to achieve ambitious revenue targets by expanding reach in the aftermarket and other areas. “In the next 5 years, we want to take our turnover to $500 million,” said Udit Sheth, MD and CEO, Setco Automotive. “We believe that is very viable through more products and backward integration.” Setco is[Read More…]
The upcoming plant of the automotive filter major Elofic Industries is slated to be operational by end of 2016. The plant coming up near Ahmedabad in Gujarat at an investment of about Rs 80 crore will add another 60 million units to the company’s existing filter manufacturing capacity. Currently the company has 5 plants – three plants in Faridabad in[Read More…]
Chennai bases Comstar Automotive Technologies Private Limited has won the prestigious Ford Global Supplier Excellence Award in ‘Silver’ category. It was given for the supply of starter assemblies. The award was received by the CEO of the company, Sat Mohan Gupta at Ford Global Top Supplier Meet at Dearborn, NA on 22nd May’14. Instituted 16 years ago, the ‘World Excellence[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…]
Omax Autos Limited, a tier-one supplier of critical assemblies like frame assembly to OEMS in CV segment, has recently entered the complete vehicle assembly. Omax Autos Ltd has already received an initial order of 20 vehicle assemblies from a renowned truck OEM. Speaking on the occasion, Kishor Karnataki, President & CEO – PC & CV said, “A focussed assembly cell[Read More…]
To expand global footprint and to accelerate business expansion, Renesas Electronics Corporation today announced the opening of Renesas Electronics India Pvt. Ltd., a wholly-owned subsidiary of Renesas Electronics Singapore Pte. Ltd. The company will be headquartered in Bangalore. Through this global expansion, the company expects to provide customers with market-specific and innovative semiconductor solutions. Guests from the Embassy of[Read More…]
The plant will be commissioned in 2015 when the parent company celebrates its centenary Rudi vo Meister, president – Asia- Pacific, ZF, behind the wheels of Tata Nano ZF India Private Limited, the wholly-owned subsidiary of ZF Friedrichshafen AG, is setting up a new facility at an investment of Rs 150 crore to house Car Powertrain, Commercial Vehicle Technology, ZF[Read More…]
