The company announces the completion of its first phase of capacity expansion of its radial tyre manufacturing facility with an investment of Rs. 312 crore This expansion will result in a 31% increase in the plant’s annual output capacity, from 39 lakh to 51 lakh units The second phase of expansion is expected to be completed by April 2024 with[Read More…]
BorgWarner is taking a holistic approach to emobility. Ashish Bhatia checks on the latest in creating a pull for its offerings. The recent BorgWarner developments are centred around emobility. These are fast-paced developments. From inaugurating new plants to bagging new orders to new acquisitions to the delivery of critical components, the company has also worked on building a robust infrastructure.[Read More…]
BorgWarner today announced its intention to execute a tax-free spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly traded company (“NewCo”). “The BorgWarner Board believes a strategic spin-off of our Fuel Systems and Aftermarket segments would be the best path forward to further the transformation of our company. The intended separation supports optimizing our combustion portfolio and[Read More…]
FEV India has opened two new branches in Pune, Maharashtra. The Vehicle Development Center brings together all of FEV’s development expertise in this field under one roof. The establishment of the Smart Mobility Center follows the launch of the company’s new FEV.io global software brand, which focuses on intelligent and electrified mobility. “We have a clear vision of supporting our[Read More…]
Automotive Tyre Manufacturers Association (ATMA) will undertake rubber plantation on about two lakh hectares in North East India with a total capital outlay of approximately Rs.1,100 crore. Said to be aimed at countering the plateauing of natural rubber production in the state of Kerala, the five year project was envisaged to commence in June 2021 with nearly 10,000 hectares plantation[Read More…]
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…]
German auto component manufacturer, ZF Friedrichshafen AG has opened a new facility in Chakan, Pune with a total investment of about Rs 150 crore (20 million) to tap the growing potential of the Indian market. Spread across 85 000 square meters (21 acres) the new facility will house Car Powertrain Technology and Commercial Vehicle Technology divisions as well as ZF[Read More…]
Mazda Motor Corporation today announced plans to construct an engine plant in the Chonburi Province of Thailand. Operations are expected to begin in the fourth quarter of 2015 when the plant will begin assembling the SKYACTIV-D 1.5 clean diesel engine for the all-new Mazda2 for the Thai market. In February 2014, Mazda applied with the all-new Mazda2 to the second[Read More…]
Text: J Srikant MVD Auto Components, the Delhi based manufacturer of switches, solenoids and sensors, has started operations in its recently built manufacturing unit at Noida. With this, the number of plants for MVD has gone up to 3; the other 2 plants are located in New Delhi and Gurgaon. The Noida unit is the biggest of the 3 and[Read More…]
Halla Visteon Climate Control Corp. (KS: 018880) celebrated the opening of its first manufacturing facility in South America. The new plant in Atibaia, in the state of São Paulo, Brazil, assembles heating, ventilation and air conditioning (HVAC) components for automakers in the region. A ceremony marking the start of production was attended by guests including local government officials, customers, suppliers,[Read More…]
