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Post Tagged with: "Harsha Kadam"

Schaeffler India expands its manufacturing with a new hall in Gujarat

Schaeffler India expands its manufacturing with a new hall in Gujarat

Prominent industrial and automotive supplier, Schaeffler India Limited, has announced the inauguration of manufacturing hall 2 at its manufacturing facility at Savli, Vadodara Gujarat. Dr. Stefan Spindler, CEO Industrial, Schaeffler Group and Executive Board Member, Schaeffer AG attended that launch event. The new hall will increase the manufacturing capacity for small and medium-size products, which will further enhance Schaeffler’s market[Read More…]

by — June 28, 2023 — Newscast
Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

Schaeffler India Signs MoU with Tamil Nadu Government for new plant to expand Hosur operations

PRESS RELEASE Highlights MoU signed for greenfield expansion with an investment of INR 3000 million over 4 years New facility will expand the production footprint in Hosur for transmission components and systems Promote tangible economic and social benefits to the people of Tamil Nadu November 23, 2021, | Coimbatore Schaeffler India Limited, a leading industrial and automotive supplier, today signed[Read More…]

by — November 26, 2021 — Press Release
Component Champions Incentive Scheme

Component Champions Incentive Scheme

In line with the Union Budget 2021-22 announcement, the Government of India approved the PLI scheme for the automobile and auto components industry. Ashish Bhatia visits the fine print to gauge the industry sentiment. In the Union Budget 2021-2022, under the Production Linked Incentive (PLI) scheme, Rs.1.97 Lakh crore was allocated for creating “global manufacturing champions” across 13 sectors including[Read More…]

by — October 10, 2021 — Cover Story
Union Budget 2021: Auto Components Special

Union Budget 2021: Auto Components Special

The Union Budget 2021 attempts to offer the necessary “succour” to the automotive components industry. Ashish Bhatia takes you through the key budgeted allocations and brings out the expert opinions. The Union Budget 2021 was deemed as the “once in a century budget” even before it was made public. After a pandemic marred 2020, the ask was for bold reforms[Read More…]

by — March 13, 2021 — Cover Story, Web Exclusive
Pinning all hopes on the Union Budget 2020

Pinning all hopes on the Union Budget 2020

The Automotive industry is pinning positive hopes from the Union Budget 2020 to be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman.   Story by: Ashish Bhatia All eyes are on the Union Budget 2020. To be presented in the parliament on February 01, 2020, by Union Finance Minister Nirmala Sitharaman, it has positive[Read More…]

by — January 30, 2020 — Market Place, Special Report