The Tool and Gauge Manufacturers Association of India (TAGMA) recently announced the successful conclusion of its 32nd Annual General Meeting (AGM), which included the important election process for a new Executive Council. During this year’s AGM, TAGMA members came together to discuss key industry developments, share insights, and release the ‘Indian Tooling Report’. The highlight of the AGM was[Read More…]
The Lumax-DK Jain group announced the appointment of Raju B Ketkale as ‘Executive Director-Manufacturing & Corporate Planning’, effective today, 3rd October 2023. Ketkale shall be based at the corporate headquarters in Gurugram and closely work with the leadership team. Ketkale is a senior industry veteran and comes with over three decades of experience having held various strategic positions in[Read More…]
oorja announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, the first venture capital fund in India dedicated exclusively to enabling radical and sustainable innovation in the clean mobility ecosystem and co-led by Capital-A. Java Capital, Anicut Capital and Lead Angels also participated in the funding round. oorja will utilise the[Read More…]
Covestro broke ground on its new Thermoplastic Polyurethanes (TPU) production site in Zhuhai, China. The investment had been announced in February. The new site will be built in three phases and is expected to achieve up to a maximum annual production capacity of 120,000 tons of TPU after the final phase of expansion. The mechanical completion of the first phase is estimated[Read More…]
Musashi Auto Parts India Pvt Ltd (Musashi) has entered into a joint venture with Delta Electronics, Inc. (Delta) and Toyota Tsusho Corporation (Toyota Tsusho) to sell EV drive units for two-wheeled vehicles in India. Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network. Musashi[Read More…]
Informa Markets in India is all set to unveil the inaugural edition of The Battery Show India (TBSI), an event poised to redefine the landscape of advanced battery manufacturing within the country. Born from the success stories of The Battery Show in the USA and Europe, the long-awaited debut of the Indian chapter is poised to become the annual go-to[Read More…]
Continental delivered V-shaped displays to equip vehicle manufacturer Hyundai. The technology company’s state-of-the-art display solution will now be part of the new Hyundai Kona series, which is on the market since 2023. The display offers a two-in-one solution as it combines the two screens of the instrument cluster and center information display under one glass surface. Additionally, the new Hyundai[Read More…]
Continental has opened its own training center for employees in Gifhorn. It is the 13th training location the company has set up across Germany since launching its CITT training institute (Continental Institute for Technology and Transformation) in 2019. The opening ceremony on September 25, 2023, was attended, among others, by labor minister Hubertus Heil and the Second Chairperson of IG[Read More…]
Cars have evolved into an expression of identity and passion over time, becoming synonymous with style and status. That is why car owners take great care to keep their vehicles in pristine condition. However, with limited knowledge, they tend to choose sub-standard products, including wheels, that seemingly add to the personality of their cars but compromise their safety. The aftermarket[Read More…]
Bridgestone India’s plant at Chakan in Pune district has been verified as being carbon neutral for the year 2022. LRQA conducted an audit in the months of May-June 2023 and post the audit the Pune plant stands verified as carbon neutral for 2022, according to the international PAS 2060 standard[1] by leading global assurance partner, LRQA. The certification marks an important milestone[Read More…]
