Jay Bharat Maruti Limited (JBML), an auto-systems & assemblies manufacturer and Tier 1 supplier of Maruti Suzuki India Ltd. has announced an increasing stake in JBM OGIHARA Die-Tech (P) Ltd. (JODT) from 39 per cent to 49 per cent by way of acquisition of equity stake from its joint venture partner OGIHARA Thailand Co. Ltd. (OTC). JODT is a joint[Read More…]
Mobec Innovation, a full-range service provider for customisable B2B mobile EV charging solutions and energy storage systems, has announced the launch of its first state-of-the-art lithium battery recycling plant in Noida, Uttar Pradesh. With an annual processing capacity of up to 6000 tons, this facility, marks a significant step toward India’s vision for Viksit Bharat 2047, reducing dependency on imported[Read More…]
Delta, a global leader in power management and a provider of IoT-based smart green solutions, announced its participation in ELECRAMA 2025 under the theme of Smart Manufacturing by launching its new D Bot series Collaborative Robots (Cobots) in the Indian market. These 6-axis cobots boast payload capacities up to 30 kg, and speeds as fast as 200 degrees per second,[Read More…]
Yokohama India has taken a significant step toward strengthening its local manufacturing capabilities by introducing the production of 20-inch tyres at its state-of-the-art facility in Bahadurgarh, Haryana. This move comes in response to the increasing demand for higher inch tyres, driven by surging popularity of SUVs and growing premium segment. Among the premium tyre offerings in this category is the[Read More…]
LANXESS, a German specialty chemicals company, inaugurated its India Application Development Center (IADC) in Thane, Mumbai, strengthening its innovation and customer service capabilities. The center, taking up an entire floor at LANXESS House, serves as a hub for two business units with capacity for future expansion. “India is a critical growth region for LANXESS, offering immense opportunities for collaboration and[Read More…]
Shriram Pistons & Rings Ltd., India’s leading pistons, piston pins, piston rings and engine valves manufacturer, announced the financial results for the Q3 ended 31st December 2024. Speaking about the performance and recent updates, Krishnakumar Srinivasan, Managing Director & CEO, said: “SPRL has maintained its strong growth pace and registered a consolidated total income growth of 11.5% YoY in Q3FY25[Read More…]
Minda Corporation Limited, the flagship company of Spark Minda, announced its financial results for the second quarter and half-year ended December 31, 2024. Minda Corp announced its consolidated quarterly revenue of Rs. 1,253 Crore, a growth of 7.4 per cent YoY. The Company achieved a quarterly EBITDA of Rs. 144 Crore, with its highest-ever EBITDA margin of 11.5 per cent,[Read More…]
Mumbai’s civic body prioritizes infrastructure, healthcare, education, and sustainability. The Brihanmumbai Municipal Corporation (BMC), India’s wealthiest civic body, has presented its largest-ever budget of ₹74,427 crore for the financial year 2025-26. Under the administration of BMC Commissioner Bhushan Gagrani, the budget reflects a ₹7,410 crore increase in revenue compared to the previous year, emphasizing urban infrastructure, public health, education, and[Read More…]
ENEOS India, a subsidiary of Japan’s ENEOS Corporation, made a strong impact at the Auto Expo Components Show 2025, held at Yashobhoomi, New Delhi, from January 18 to January 21. The company showcased its latest innovations, reinforcing its commitment to efficiency, sustainability, and engine performance. Strengthening Presence in the Indian Market Over the years, ENEOS India is one of the[Read More…]
Uno Minda, a Tier 1 supplier of proprietary automotive solutions to Original Equipment Manufacturers (OEMs), has launched its new range of Heavy Duty Organic Brake Pads with Shim in the Indian aftermarket. Designed with a focus on safety, reliability, and performance, this innovative product meets the highest standards for passenger & light commercial vehicles. The new brake pads are engineered[Read More…]
