Baua Electric

APRIL 23, 2024

The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.

Manufacturer 52

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Baua Electric

MARCH 31, 2024

a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.

Lithium Ion 52

Lithium Ion India Oil Manufacturer 52

Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

China 52

China Global Supplies Parts 52

Baua Electric

MARCH 23, 2024

External Affairs Minister S Jaishankar External Affairs Minister S Jaishankar on Saturday briefed Singapore’s business community about the strides taken by India in the field of manufacture of semiconductors and appealed to them to invest in this key sector in the country.

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Baua Electric

JUNE 20, 2024

stake in electric vehicle battery manufacturer InoBat for 20 million euros (approximately INR 180 crore). The company specializes in creating custom-designed batteries tailored to meet the specific requirements of global mainstream and specialist original equipment manufacturers (OEMs).

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Baua Electric

MARCH 13, 2024

The three chip manufacturing and assembly facilities will help in making India a global semiconductor hub and will also raise the country’s profile in the global semiconductor value chain,” Prime Minister Narendra Modi on Wednesday said. It has been made possible only in 2024.

India 52

India Global Auto Commercial 52

Baua Electric

APRIL 24, 2024

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

India 52

India Auto Global Parts 52

Baua Electric

MARCH 22, 2024

New Delhi: Minda Corporation Limited, the flagship company of Spark Minda , has rolled out of its 1 millionth two-wheeler smart keyless system from its manufacturing facilities. The Smart Keyless System has transformed vehicle interaction, offering consumers convenience, security, and peace of mind, the release added.

Auto 52

Auto Global Market Insight 52

Baua Electric

JUNE 14, 2024

HCMF ) from Taiwan, a leading global manufacturer of automotive sunroof and closure systems. HCMF is a global technology leader of automotive Sunroof and Closure systems and this collaboration will offer advanced products and technologies in the vehicle access space, particularly for passenger cars increasing the Content per vehicle.

Corporation 52

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Baua Electric

JUNE 18, 2024

New Delhi: Assurance Intl Limited, a renowned name in the lubricant and automotive care industry, is pleased to announce the extension of their successful licensing collaboration with Goodyear Tire & Rubber Company, a global leader in tire and rubber manufacturing based in Akron, Ohio, USA.

Auto 52

Auto Parts Production India 52

Baua Electric

MAY 29, 2024

New Delhi: BMW Group has advanced its manufacturing process by integrating custom 3D-printed gripper robots at its Munich plant, significantly boosting efficiency on production lines, including those assembling the BMW i4. In 2023, BMW’s focus on additive manufacturing resulted in over 400,000 parts produced using this technology.

BMW 52

BMW Auto Production Insight 52

Baua Electric

JANUARY 31, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has announced its participation in the inaugural season of Bharat Mobility Global Expo 2024 , scheduled to take place at Bharat Mandapam, Pragati Maidan, New Delhi from February 1 to 3, 2024. New Delhi: Sona BLW Precision Forgings Ltd.

Global 52

Global Auto India Insight 52

Baua Electric

JUNE 10, 2024

lakh-3 lakh skilled professionals by 2027 across Research and Development (R&D), design, manufacturing and advanced packaging domains, a report showed on Monday. billion incentive package for companies establishing semiconductor manufacturing facilities in the country. The PLI scheme , in particular, offers a USD 1.7

India 52

India Industrial Industry Auto 52

Baua Electric

JUNE 13, 2024

Ashwani Jotshi New Delhi: The Association of Indian Forging Industry ( AIFI ) has appointed Ashwani Jotshi as its new Secretary General, bringing over thirty years of experience from the Automotive Component Manufacturers Association of India ( ACMA ). Jotshi’s leadership skills will be valuable in his new role at AIFI.

Industrial 52

Industrial Industry Auto Insight 52

Baua Electric

FEBRUARY 6, 2024

This partnership not only strengthens our global footprint but also reaffirms our commitment to delivering excellence in every component we manufacture. Lalit Kumar Khetan , Whole Time Director and CFO, Ramkrishna Forgings, said, “We are honored to be chosen as the preferred supplier for such a significant contract.

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Baua Electric

JANUARY 10, 2024

As a significant contributor to the state’s economy, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 cars from its manufacturing plant in Halol, Gujarat. New Delhi: MG (Morris Garages), a British automobile brand with a 100-year-old legacy, showcased its EV portfolio at the Vibrant Gujarat Global Summit 2024.

India 52

India Global Auto Motor 52

Baua Electric

JUNE 21, 2024

Mahindra & Mahindra’s strategic decision to adopt the 3DEXPERIENCE platform on the cloud for its future auto programs will enable it to improve the efficiency of its process and reduce the time to market of safer and more sustainable vehicles, the company said in a media release.

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Auto Connect Connected Insight 52

Baua Electric

MAY 13, 2024

New Delhi: Seqrite, the enterprise arm of global cybersecurity solutions provider Quick Heal Technologies Ltd, has revealed in its ‘India Cyber Threat Report,’ that the automotive supply chain is the most cyber attacked sector.

Auto 52

Auto Supplies India Insight 52

Baua Electric

JUNE 5, 2024

New Delhi: Brakes India , a TSF Group company and India’s leading braking systems manufacturer, together with ADVICS , an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to design, develop and manufacture advanced braking products for the Indian light vehicle market.

India 52

India Auto Production Light 52

Baua Electric

JUNE 20, 2024

IGL has hired global management consulting firm AT Kearney , which has made these suggestions, among others. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially when not many companies are doing it,” said another senior industry executive.

Solar 40

Solar Auto Batteries Battery 40

Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

Industrial 52

Industrial Industry Auto India 52

Baua Electric

JANUARY 4, 2024

Valeo is a global leader for advanced driving assistance systems (ADAS) and offers a wide range of hardware and software solutions to support the steady growth of this market in India.

Manufacturer 40

Manufacturer Auto India Global 40

Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China.

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Baua Electric

MAY 30, 2024

But mass adoption remains some way off due to constraints in raw material availability, intricate manufacturing processes and the resultant high costs. Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs. Geely declined to comment.

China 52

China Auto Batteries Battery 52

Baua Electric

MARCH 29, 2024

New Delhi: Auto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally.

India 52

India Auto Insight Manufacturer 52

Baua Electric

MAY 20, 2024

Steel wheels manufacturer for trucks, agricultural tractors, passenger vehicles and construction equipment, Wheels India Ltd has drawn up plans of INR 200 crore as capital expenditure for the current financial year, a top official has said. New programmes with global customers are likely to begin in Q4 of this year.”

India 52

India Auto Insight United States 52

Baua Electric

MARCH 14, 2024

The Pune global capability centre will be one of the key pivots for this objective and will employ advanced analytics to develop cutting-edge filtration technologies. It will support the company’s global business functions of engineering, product management, IT, supply chain etc. India is very important to us as a business.

India 40

India Global Auto Supplies 40

Baua Electric

JANUARY 17, 2024

Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up. Revenue in the final three months of last year came in at T$625.5 billion ($20.10

Auto 97

Auto Taiwan Asia Insight 97

Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The Indian economy has demonstrated remarkable resilience in the face of shifting global dynamics.

India 52

India Auto Industrial Industry 52

Baua Electric

MAY 28, 2024

Ajay Gopalswamy , founder and chief executive of the Bengaluru-headquartered company, told ET that the money will be used to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up. Difacto, with three factories in Bengaluru and branches in Pune and Gurgaon, operates globally.

Companies 52

Companies Auto 2007 Suzuki 52

Baua Electric

MAY 2, 2024

India’s mid-sized IT services player L&T Technology Services ( LTTS ) has signed an approximately €45 million (around USD 48 million at current exchange rate) contract with European automotive parts manufacturer and supplier Forvia for engineering development activities for its clean mobility division. “As

Auto 52

Auto Parts Germany Engine 52

Baua Electric

JUNE 19, 2024

Aimed at engaging engineering students across India, the hackathon invites participants to develop Generative AI-enabled innovations to address challenges in the manufacturing industry. New Delhi: Tata Technologies has launched the second edition of the InnoVent hackathon , in collaboration with Microsoft and Tata Motors.

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Motor Motors Motoring Auto 52

Baua Electric

MAY 27, 2024

By reducing waste, increasing productivity and improving safety, smart manufacturing technologies can help manufacturers to be both more productive and more sustainable. Together, we aim to drive innovation, productivity, and sustainability in the local manufacturing industry.

Sri Lanka 40

Sri Lanka Auto Waste Manufacturer 40

Baua Electric

APRIL 22, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has inaugurated a new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. Our relentless pursuit of innovation and adoption of cutting-edge technologies have firmly entrenched us as the premier partner for global automakers.

Mexico 52

Mexico Parts Auto North America 52

Baua Electric

FEBRUARY 29, 2024

Global Tier 1 automotive company Visteon is planning its next round of investments for the Indian market. The company is planning to invest around USD 20 million to localise backlight manufacturing in India. India is going to be our first market where we’re investing in vertical integration of display manufacturing,” said Lawande.

India 52

India Auto Energy Storage Manufacturer 52

Baua Electric

FEBRUARY 29, 2024

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

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