Newscast

Bridgestone India Introduces New Premium Tyre for Premium Passenger Vehicles

Bridgestone India Introduces New Premium Tyre for Premium Passenger Vehicles

Bridgestone India launched its new generation tyre Bridgestone TURANZA 6i for the Passenger Vehicles Segment. TURANZA 6i is the result of previously announced expansion in the Passenger Radial business. The tyre, specifically developed for Indian roads, provides a premium comfort ride experience, with superior fuel efficiency and wear life, making it a well-rounded premium offering from Bridgestone. Bridgestone TURANZA 6i[Read More…]

by April 10, 2024 Newscast
“Altair Expands Presence in India with New Chennai Office: Driving Innovation in Engineering Simulation”

“Altair Expands Presence in India with New Chennai Office: Driving Innovation in Engineering Simulation”

Altair (Nasdaq: ALTR) has inaugurated its new office in Chennai, India, on April 9th, 2024. As a renowned figure in computational intelligence, product development, high-performance computing (HPC), and data analytics, Altair’s expansion in Chennai underscores its dedication to fostering innovation and collaboration within the Indian engineering community. This strategic move aims to better serve the growing customer base in the[Read More…]

by April 10, 2024 Newscast
“Marelli Unveils Design-Led Innovations at Beijing Auto Show”

“Marelli Unveils Design-Led Innovations at Beijing Auto Show”

Marelli is set to dazzle visitors at the Beijing International Automotive Exhibition with its cutting-edge innovations, emphasizing a journey through design-led innovation and the latest technologies tailored for the China market. From April 25 to May 4, 2024, at booth W1-W01, guests will embark on a curated experience showcasing Marelli’s approach to co-creation and its transformative impact on vehicle personalization.[Read More…]

by April 10, 2024 Newscast
Freudenberg Group Achieves Record Growth in 2023, Plans Major Investments in India

Freudenberg Group Achieves Record Growth in 2023, Plans Major Investments in India

Freudenberg Group, a global technology conglomerate, which commemorates its 175th anniversary year in 2024, today reported record growth in revenues and operating profits for the financial year 2023. Freudenberg achieved sales of €11,902.8 million, 1.3 % higher than the previous year’s figure of €11,753.1 million. The operating profit of €1,081.6 million showed a significant increase of about 15 percent, compared[Read More…]

by April 8, 2024 Newscast
Nippon Paint unveils Mastercraft, for Exemplary Automotive Aftermarket Body and Paint Work

Nippon Paint unveils Mastercraft, for Exemplary Automotive Aftermarket Body and Paint Work

Asia Pacific’s leading paint and coating company, Nippon Paint has launched its consumer facing automotive body and paint repair service brand, Mastercraft. Mastercraft promises exemplary body and paint work, car decoration services and ultra-fast velocity repairs, backed by Japanese precision and technology. The first Mastercraft store has been established in Gurugram. Mastercraft Gurugram, operated by N-Square Automotive Services will cater[Read More…]

by April 7, 2024 Newscast
Tesla to scout sites in India for $2 bn-$3 bn EV plant.

Tesla to scout sites in India for $2 bn-$3 bn EV plant.

Tesla is planning to send a team from the United States to India by late-April to scout potential locations for a new electric car plant. According to the Financial Times, the proposed investment for this plant could be between $2 billion to $3 billion. This move comes at a time when the demand for electric vehicles is slowing down in[Read More…]

by April 4, 2024 Newscast
Toyota Apologise To Buyers For Long Wait.

Toyota Apologise To Buyers For Long Wait.

Toyota apologize for any inconvenience caused by the delivery backlogs on models like the Innova Hycross MPV and Fortuner SUV from Toyota. It is indeed unfortunate that many customers are experiencing significant waiting times, which can be frustrating and disappointing. The company acknowledges this issue and has expressed their apologies to the affected customers. Toyota is actively working to address[Read More…]

by April 4, 2024 Newscast
Sona Comstar receives second PLI certification for E2W hub wheel motor

Sona Comstar receives second PLI certification for E2W hub wheel motor

Sona BLW Precision Forgings (Sona Comstar) has recently achieved a remarkable milestone by becoming the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. This is a significant accomplishment for the company and a testament to their dedication to automotive technology solutions. Sona Comstar filed seven applications for different products under the PLI scheme,[Read More…]

by April 3, 2024 Newscast
Transforming Automotive Software Engineering: The BMW Group and Tata Technologies Joint VENTURE

Transforming Automotive Software Engineering: The BMW Group and Tata Technologies Joint VENTURE

  Introduction: The BMW Group and Tata Technologies, a global leader in product engineering and digital services, have recently announced a groundbreaking collaboration. This partnership aims to establish a joint venture (JV) focused on creating a software and IT development hub across key locations in India: Pune, Bangalore, and Chennai. The JV represents a strategic move by both companies to[Read More…]

by April 3, 2024 Newscast
Polymatech Electronics Signs deal with Japan’s Orbray

Polymatech Electronics Signs deal with Japan’s Orbray

Polymatech Electronics, India’s leading manufacturer of opto-semiconductor chips, has recently entered into a memorandum of understanding (MoU) with Orbray Co Ltd, a Japanese firm. This partnership marks a significant step towards Polymatech’s ambition to become a fully integrated semiconductor company. Under the terms of the agreement, Orbray will provide Sapphire Ingot growing technologies, with the installation slated for completion by[Read More…]

by April 3, 2024 Newscast