Autolite (India) Limited, a Jaipur based Automotive lighting Company has been awarded Certificate of Excellence at the fifth Annual Inc. India 500 as one of the fastest growing mid-sized companies in India in the year 2013. The award was conferred by Vinod Rai, former Comptroller & Auditor General (CAG) to Adarsh Mahipal Gupta, Director of the Company on March 22,[Read More…]
Daimler AG and Evonik Industries AG are restructuring their activities in the field of electric mobility in Kamenz and Kirchheim/Teck, and are thus reflecting the changed market conditions. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1 percent) and in Deutsche ACCUmotive GmbH & Co. KG (10 percent). This will make Daimler the sole[Read More…]
Igus celebrated the beginning of a adventurous world wide tour to mark the 30th anniversary of its ‘iglidur’ polymer bearings and the 50th anniversary of the company as a whole. Igus GmbH sent out a small, retrofitted car on a round-the-world trip with its first stop in “Incredible India”. Igus presented the car fitted with 56 Igus polymer bearing components[Read More…]
The apex body of the auto component Industry, Automotive Component Manufacturers Association (ACMA), recently concluded the third MSME (Micro, Small and Medium Enterprises) summit which focused primarily on ‘Managing Volatility.’ Inaugurated by Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council (NMCC) with N K Maini, Deputy Managing Director, SIDBI the Guest of Honour and Sudam Maitra, Chief Operating Officer (supply[Read More…]
Tata Technologies has evolved a strategy for APAC as the growth during the past few years have been buoyant. Going forward the company is looking at having a mix of both organic and inorganic growth from this region. Samir Yajnik, President- Sales and COO-Asia Pacific, Tata Technologies, talks to J Srikant on the company’s plans[Read More…]
About 200 new jobs will be provided at the Czech ZF development location in Pilsen by 2017. The increasing number of development projects from corporate headquarters and the divisions have required to expand capacities. The technology company has now started construction works for a seven-story office building. ZF took over the location in Pilsen from an independent engineering service provider[Read More…]
BorgWarner will expand its Powertrain Technical centre in Auburn Hills, Michigan, to support programs in North America and supplement its global network of technical centres. The nearly 46,000-square-foot addition will include space for program managers, sales and engineering professionals. Driven by the company’s escalating growth, the expansion is expected to be complete in early 2015 and support up to 200[Read More…]
Automotive components major Dynamatic Technologies Limited has received an Aero Structures Contract from Airbus for the supply of Flap Track Beams for the Airbus Long Range Aircraft (A330 Family) variants, which makes it the first company in the Indian private sector to become a global Tier -1 supplier to Airbus. Dynamatic has been producing Flap Track Beam assemblies for the[Read More…]
Hungary-based navigation systems provider NNG LLC foresees more business coming from India in 2014, especially from OEMs. Last year, NNG along with its local partner Ayana Navigation Solutions (ANS) launched slew of navigation products for the Indian market. To grow further in India, it has tied-up with German car infotainment major Blaupunkt and launched San Diego 530 for OEMs and[Read More…]
Automotive systems major Continental will launch production this month of short range radar sensors for advanced driver assistance systems at its plant in Seguin, Texas. “Expanding our manufacturing capacity takes us a step closer to our American customers. In the market for the market is a keystone of our strategy,” said Karlheinz Haupt, head of the Advanced Driver Assistance[Read More…]
