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Schaeffler may leverage PLI benefits to add new capacity

Schaeffler may leverage PLI benefits to add new capacity

Shahkar Abidi     calendar18 May 2022

The development is keen to put up new capacities in motor or ECU manufacturing considering the increasing momentum in e-mobility adoption in the country.

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Lumax targets 70 percent localisation by 2024 News National
Lumax targets 70 percent localisation by 2024

By Mayank Dhingra calendar18 May 2022

The company will also tap the expertise of its design centre in Europe to cater to the growing penchant of Indian cust...

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Bharat Forge Q4FY22 profit up on new orders, FY23 seen stronger News National
Bharat Forge Q4FY22 profit up on new orders, FY23 seen stronger

autherAutocar Professional Bureau calendar16 May 2022

Bharat Forge’s auto business clocked double digit growth ranging from 20% for PVs to 50% for MHCVs.

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EVR Motors partners with Badve Group for making EV motors in India News National
EVR Motors partners with Badve Group for making EV motors in India

autherAutocar Professional Bureau calendar13 May 2022

Badve Group has already initiated the joint development and localisation process at one of its facilities in Pune for ...

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Ramkrishna Forgings bags multi-year export order from US firm News National
Ramkrishna Forgings bags multi-year export order from US firm

autherAutocar Professional Bureau calendar10 May 2022

Ramkrishna Forgings’ multi-year export order is worth Rs 105 crore per annum and is from a manufacturer of chassis-rel...

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Lakshmi Venu is new MD of Sundaram-Clayton News National
Lakshmi Venu is new MD of Sundaram-Clayton

autherAutocar Professional Bureau calendar06 May 2022

Dr. Venu has been the lead architect of establishing Sundaram Clayton’s global footprint.

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Rajratan Global Wire targets 20-25 percent growth in FY23 News National
Rajratan Global Wire targets 20-25 percent growth in FY23

By Shahkar Abidi calendar06 May 2022

The management's optimism for increased business stems from various industry projections which peg India's tyre indust...

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Hella makes components for automated EV charging News National
Hella makes components for automated EV charging

autherAutocar Professional Bureau calendar05 May 2022

The company claims that customer-specific functions for more convenience and safety can be integrated in the future.

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Advik Hi-Tech, Pure Hydrogen in a new JV to produce hydrogen fuel in India News National
Advik Hi-Tech, Pure Hydrogen in a new JV to produce hydrogen fuel in India

autherAutocar Professional Bureau calendar05 May 2022

The new partnership aims to support the heavy vehicle market in India by providing green hydrogen fuel and hydrogen fu...

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Sona Comstar, C‐Motive Tech to develop magnet-less electrostatic drive for EVs News National
Sona Comstar, C‐Motive Tech to develop magnet-less electrostatic drive for EVs

By Nilesh Wadhwa calendar05 May 2022

C-Motive Technologies has developed. what is claimed, to be the world's first commercially viable electrostatic motor....

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.47%

No

 

35.53%

Total Votes : 774