Telangana’s Information Technologies and Industries Minister, KT Rama Rao has reached the United Kingdom for a three-day visit. This visit is focused on attracting foreign investments for the State. The Minister will meet with industry leaders and business associations to highlight the state’s investment-friendly environment and impressive progress across various industry sectors. He will also participate and speak at[Read More…]
At the 14th Edition of Apollo CV Awards 2023, Barnik Chitran Maitra, Managing Partner and Chief Executive Officer of Arthur D Little (ADL), India and South Asia drew attention to big data. Ashish Bhatia deciphers the cues on mobility trends expected to impact components suppliers. The 14th Edition of Apollo CV Awards 2022 had a special guest speaker. Barnik Chitran[Read More…]
The growth potential of the aftermarket segment is undisputed. Prateek Pardeshi gets in touch with the community to understand the grass root challenges. The aftermarket segment has continued its upward trajectory. Valued at an estimated Rs.42,007 crore, the segment registered an eight per cent growth. The fiscal (FY23) gone by has given the stakeholders of the organised industry good momentum[Read More…]
Gabriel India says that an investment of around USD 22 million (Rs 181 crore) will be made in order to set up a new manufacturing plant in Chennai. Automotive supplier Anand Group-backed Gabriel India has announced to come in a technical collaboration with Dutch-based Inalfa Roof Systems (Inalfa) to manufacture sunroofs in India. Gabriel is in the business of manufacturing[Read More…]
The MRF Futures stock valuation on Monday breached the INR One-Lakh mark, due to the lower price of raw materials before settling at INR 98,320.80 on the National Stock Exchange. MRF futures experienced a decline of 0.51 per cent from its previous closing price. The stock reached an all-time high of INR 99,933.50 during intraday trade in the cash market,[Read More…]
The discovery of lithium-ion reserves in India changes the India-EV equation. Ashish Bhatia explains the big deal about the newfound, treasure chest. The Indian EV industry wore a scar despite vying for a ‘Made in India’ status. The imports of lithium-ion battery packs until local produce picked up pace proved a sore point for the industry. It continues to dictate[Read More…]
Press Release Joining NDS enables ZF to contribute to the global standard for digital map data needed for a wide range of digital mobility applications NDS provides clearly defined interfaces and specifications for storing and streaming map data Basis for the development of driving functions and map-based services Standard makes important contribution to automated and connected mobility and corresponding[Read More…]
Press Release Schaeffler India appoints Seshan Iyer as President of Industrial business Leading industrial and automotive supplier, Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) today announced the appointment of Mr Seshan Iyer as President – Industrial India. In his role Seshan Iyer will be responsible for formulating and executing the strategy to drive the growth of Industrial Business for Schaeffler India.[Read More…]
Press Release ZF Aftermarket continues the expansion of its product and solutions portfolio for the Indian market Wide range extension for India with the launch of TRW shock absorbers, brake pads, and brake discs Perfectly matched components get the best out of the brake system ZF driving its Next Gen Mobility strategy further in the region ZF Aftermarket is expanding[Read More…]
Electric Drives for Light Commercial Vehicles: ZF’s CeTrax lite Begins Series Production CeTrax lite electric central drive is rolling off ZF’s assembly line in Friedrichshafen, Germany. Tailor-made solution for light-duty commercial vehicles for emission-free urban and inner-city transportation world-wide. The first applications will take to the road with Isuzu in its new ELF EV. ZF’s Commercial Vehicle Solutions (CVS) division has announced that its new CeTrax lite electric central drive has entered series production. Using synergies from[Read More…]
