Nikola founder sentenced for alleged securities fraud
Plastics Recycling Show India 2024
Gulf Oil Lubricants is considering acquiring companies to enhance its electric vehicle infrastructure.
2024 Global Automotive Colour Launched
Frank Huber to join Marelli as EVP and President of Automotive Lighting & Sensing

Newscast

Vedanta Aluminium organises ‘AutoEdge’ conclave, shares aluminium range for auto industry

Vedanta Aluminium organises ‘AutoEdge’ conclave, shares aluminium range for auto industry

Vedanta Aluminium, India’s largest producer of aluminium, recently organised AutoEdge 2024, an industry conclave for the automotive sector, in New Delhi. Aluminium, responsible for enabling several forms of modern transportation, has also established itself as a critical raw material for automotive manufacturing. The event featured expert-led sessions on the future roadmap of the sector and the role of aluminium in[Read More…]

by — April 26, 2024 — Newscast
Onkar Kanwar gets Lifetime Achievement Award

Onkar Kanwar gets Lifetime Achievement Award

Onkar Kanwar, Chairman, of Apollo Tyres Ltd has been conferred with the Lifetime Achievement Award at the All India Management Association (AIMA)’s Managing India Awards ceremony. Shri Jagdeep Dhankhar, Honourable Vice President of India, presented the award to Mr Kanwar in the presence of other dignitaries from various sectors. Onkar Kanwar was recognised for his value-driven business strategy and his[Read More…]

by — April 26, 2024 — Newscast
Tata Motors Accelerates Innovation: Record 222 Patents Filed and 333 Grants Secured in FY24

Tata Motors Accelerates Innovation: Record 222 Patents Filed and 333 Grants Secured in FY24

Tata Motors, the preeminent automobile company in India, has yet again achieved a noteworthy milestone in intellectual property rights (IPR) by filing a record-breaking number of 222 patents and 117 designs applications during the fiscal year FY24, marking the highest in its history. These filings encompass a diverse range of product and process innovations, strategically addressing key automotive megatrends such[Read More…]

by — April 25, 2024 — Newscast
ASK Automotive and AISIN Group Form JV to Expand Independent Aftermarket

ASK Automotive and AISIN Group Form JV to Expand Independent Aftermarket

ASK Automotive Limited, India’s largest manufacturer of brake shoes and advanced braking systems for two-wheelers, announced a joint venture agreement with AISIN Group Companies, comprising AISIN Asia Co. Ltd. and AISIN Automotive Haryana Private Limited, to market and sell the auto components in Independent Aftermarket for passenger car products. With this Strategic Collaboration, both companies endeavour to expand their footprints[Read More…]

by — April 25, 2024 — Newscast
ATMA SPOTLIGHTS TYRE INDUSTRY TRENDS

ATMA SPOTLIGHTS TYRE INDUSTRY TRENDS

The Automotive Tyre Manufacturers Association (ATMA), representing 95% of India’s tyre industry, convened its Annual Conclave in New Delhi on February 16, 2024. Anshuman Singhania, Chairman of ATMA India, outlined ambitious goals to increase tyre exports to over USD 5 billion by 2030, positioning India among the top three global tyre hubs. He noted the significant growth in Indian tyre[Read More…]

by — April 25, 2024 — Newscast
MAHINDRA MPOWER MOVEMENT

MAHINDRA MPOWER MOVEMENT

The Indian Institute of Management Ahmedabad (IIM Ahmedabad) served as the host and knowledge partner for the Mahindra Mpower movement once again, igniting the corridors of the prestigious institute with the presence of bright young transporters eager to propel their family businesses into the realm of professionalism. This platform, hailed as a catalyst for youth engagement in the transportation industry,[Read More…]

by — April 24, 2024 — Newscast
VOTE ON ACCOUNT: SIGNS FOR THE FULL BUDGET

VOTE ON ACCOUNT: SIGNS FOR THE FULL BUDGET

The Vote On Account, or interim Union Budget, aimed to sustain momentum from Union Budget 2023 by surpassing the previous CapEx outlay, reaching 3.3% of GDP. Finance Minister Nirmala Sitharam set a CapEx outlay of ₹11.11 lakh crore, aligning with industry expectations for continuity and reform momentum. Despite limitations, the industry presented its wishlist to the Ministry of Finance. FM’s[Read More…]

by — April 24, 2024 — Newscast
MARKET-READY RECRUITMENT HUNT

MARKET-READY RECRUITMENT HUNT

As newer technologies and alternative fuel vehicles reshape India’s automotive sector, the expectations from human resources in auto component manufacturing are evolving. While larger companies find it easier to provide training, the challenge lies in selecting candidates with the right skillset. Particularly, there is a scarcity of product designers, as many prefer opportunities with European or US firms. Nandakumar P,[Read More…]

by — April 24, 2024 — Newscast
ZF GROWS CV PRESENCE IN INDIA

ZF GROWS CV PRESENCE IN INDIA

ZF, a Tier 1 automotive parts supplier, demonstrates its commitment to India’s industrial landscape with a robust manufacturing presence, exemplified by its recent record revenue of Rs. 10,000 crore solely from Indian operations. The company’s strategic focus on the Commercial Vehicle (CV) segment is underscored by the expansion of its Commercial Vehicle Solutions (CVS) Division, marked by the inauguration of[Read More…]

by — April 24, 2024 — Newscast, Uncategorized
CUMMINS OFF-HIGHWAY PLAY

CUMMINS OFF-HIGHWAY PLAY

Cummins Inc., led by Antonio Leitao, VP – Off-highway, Engine Business & Europe ABO Leader, is at the forefront of sustainable mobility initiatives, particularly in the off-highway sector. Their commitment to developing application-based solutions is evident in their extensive range of engines optimized for various duty cycles and applications. From robust engines tailored for heavy-duty construction equipment to versatile powertrains[Read More…]

by — April 24, 2024 — Newscast
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