Other News

Steelbird  introduces Ares A1 Helmet Series

Steelbird introduces Ares A1 Helmet Series

Steelbird Hi-Tech India, a leading helmet brand for more than 5 decades has now come up with an all new range of  ultra-modern and authentic helmets. The range which is called the Ares A1(professional series) comprises of all the top most features that a well formed headgear should be made of. Being a bigwig of the helmet manufacturing industry worldwide,[Read More…]

by April 6, 2016 Market Place, Newscast, Web Exclusive
ZF Services offers modular oil change kits to the Indian market

ZF Services offers modular oil change kits to the Indian market

ZF Services has made its offer regarding oil change kits for automatic passenger car transmissions even more modular: As of now, the components for the transmission oil change can be ordered according to need. Until now, every kit contained seven liters of ZF transmission oil besides the required spare parts. ZF Services has expanded this product range to include premium[Read More…]

by April 6, 2016 Newscast

Schaeffler holdings sells 94.4 mn non-voting shares of Schaeffler AG

Schaeffler Verwaltungs GmbH, a subsidiary of INA-Holding Schaeffler GmbH & Co. KG, announces that 94.4 million non-voting shares of Schaeffler AG were sold. The placement price with institutional investors was set at EUR 13.10 per non-voting share. Schaeffler Holding will receive proceeds of about EUR 1.24 billion from the sale.   The sale includes all of the non-voting shares in[Read More…]

by April 5, 2016 International, Newscast
ST Microelectronics introduces new 36V Op Amps

ST Microelectronics introduces new 36V Op Amps

ST Microelectronics has introduced two 36V op amps today in Geneva. These new amps delivers enhanced performance and ruggedness in automotive and industrial applications. The op amps feature a wide supply-voltage range, stability in challenging operating conditions, and tolerance of electrostatic discharge (ESD) up to 4kV (HBM[1]).   The TSB572 and TSB611 single op amps are the first devices produced[Read More…]

by April 5, 2016 Newscast
Infrastructure, roads and logistics are still far behind the international standards

Infrastructure, roads and logistics are still far behind the international standards

DC Sharma, Group CFO, Minda Corporation In the automobile industry 100% foreign equity investment is allowed via automatic route along with some relaxations in licensing and approvals for the manufacturing and imports in this sector. Some of the factors which attracts investors include low manufacturing and labor cost, availability of manpower, large and increasing domestic auto markets along with huge[Read More…]

by April 4, 2016 Cover Story, Newscast
By creating right technology we can see a paradigm shift

By creating right technology we can see a paradigm shift

Sunjay Kapur, Chairman, Sona Koyo Steering Systems Make in India campaign pats at the back of all foreign countries to turn back to India for investment reasons. It does not confine its reach to manufacturing sectors alone, but also knocks the doors of all industries. Technical know-how being India’s DNA, the push towards the technology for India is becoming more[Read More…]

by April 4, 2016 Cover Story, Newscast

We expect clarity on GST and anticipate that laws should not be draconian

V C Sehgal, Chairman, Motherson Sumi Sytems Our business in india contributes 10% of our turnover and we are currently focusing on our existing customers. In the automobile sector, the ‘Make in India’ initiative will help both OEMs and auto components players like us. We expect clarity on GST and anticipate that laws should not be draconian. The policies should[Read More…]

by April 4, 2016 Cover Story, Newscast
Labor reforms, consistency and predictability of tax regulation will take India to the global stage

Labor reforms, consistency and predictability of tax regulation will take India to the global stage

Nitin Chalke, Managing Director, Eaton, India Make In India, in essence, is a much desired program designed to realise the country’s aspiration of becoming a global manufacturing hub. Urging companies – both Indian and multinational – to invest in the country’s high potential manufacturing powerhouse, this initiative holds the potential of taking India on to a global plane as a[Read More…]

by April 4, 2016 Cover Story, Newscast
Make in India – an invigorating move with innate concerns

Make in India – an invigorating move with innate concerns

Tarang Jain, Managing Director, Varroc Group The main objective of Make in India is to increase the GDP of the country as a whole and there is a lot of provisions for tax revenues, the government could gain out of these initiatives. Although the campaign has set off the ground one and half years now, the fruitions are very few[Read More…]

by April 4, 2016 Cover Story, Newscast
Incentivising R&D and proper inverted duty structure required

Incentivising R&D and proper inverted duty structure required

Arvind Balaji, President, ACMA Make in India gives us a big fillip to the direction, the government wants to take. In-line with that we take our theme of make quality and technology in India as quality and technology become the bedrock for the growth of export market. We try to drive all our programs based on that. We have to[Read More…]

by April 4, 2016 Cover Story, Newscast