Breaking Down Tamil Nadu’s FY23 Budget
Post Tagged with: "investment"
Marelli receives award for investment in new Electric Powertrain plant in Cologne, Germany, from the Federal State of North Rhine-Westphalia
Press release | New facility plays important role in Marelli’s electrification growth strategy Company committed to getting involved in state’s technology network for e-mobility 【29 June 2021】 Marelli, a leading global automotive supplier, has received the NRW. Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With[Read More…]
Auto Component industry bottoming out
Text: J Srikant Industry will return to 4-6% growth after falling by 2.1% in FY2014 Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) reported that the component industry has recorded a revenue of[Read More…]
Auto Component industry registers negative growth, falls by 2.1%
J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]
ACMA-YBLF explores investment opportunity in Mexico
With the objective of grooming auto component leaders of tomorrow, the Automotive Component Manufacturers Association of India (ACMA), the apex body for the Indian auto component industry recently organised a delegation for its Young Business Leaders Forum (YBLF) to Mexico. The ACMA -YBLF is the youth wing of ACMA that comprises second and third generation scions of the auto component[Read More…]
Daimler lays foundation stone for bus manufacturing plant in Chennai
Daimler India Commercial Vehicles (DICV) has laid the foundation stone for its new bus manufacturing facility in Chennai. The company plans to invest Rs 425 crore in the new factory with an installed capacity of 1,500 buses, which can be expanded to 4,000 buses subsequently. The new plant, expected to be completed by the second quarter of 2015, will manufacture[Read More…]
