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Uno Minda Completes Acquisition of e-Drives Business Assets from Friwo Vietnam Company

autherArunima Pal     calendar22 Jul 2025

This acquisition is part of Uno Minda’s broader strategy to strengthen its foothold in the rapidly growing electric mobility components sector.

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Rajratan Global Wire Reports 12% Revenue Growth in Q1 FY26, Chennai Plant Targets Breakeven News
Rajratan Global Wire Reports 12% Revenue Growth in Q1 FY26, Chennai Plant Targets Breakeven

autherAngitha Suresh calendar22 Jul 2025

Company achieves Rs 246.51 crore revenue despite margin pressures, focuses on increasing Chennai facility utilization ...

CIE Automotive India Reports Mixed Q2 Results with Strong Domestic Growth Offset by European Challenges News
CIE Automotive India Reports Mixed Q2 Results with Strong Domestic Growth Offset by European Challenges

autherAngitha Suresh calendar22 Jul 2025

Company achieves 7% revenue growth in India operations while European segment faces margin pressure from restructuring...

Sona Comstar Forms Joint Venture in China with Jinnaite Machinery News
Sona Comstar Forms Joint Venture in China with Jinnaite Machinery

autherAngitha Suresh calendar21 Jul 2025

Indian auto parts manufacturer will invest $12 million for 60% stake in new company focused on driveline systems produ...

Sona Comstar Forms Joint Venture with Chinese Partner for Driveline Manufacturing News
Sona Comstar Forms Joint Venture with Chinese Partner for Driveline Manufacturing

autherAngitha Suresh calendar20 Jul 2025

Indian automotive component manufacturer announces $12 million investment in China-based joint venture to produce driv...

Varroc Appoints Padmanabh Sinha as Independent Director News
Varroc Appoints Padmanabh Sinha as Independent Director

autherShruti Shiraguppi calendar18 Jul 2025

Sinha returns to Varroc’s Board with over 25 years of investment experience across private equity and technology.

Henkel India Initiates Mid-Haul Electric Truck Operations for Commercial Logistics News
Henkel India Initiates Mid-Haul Electric Truck Operations for Commercial Logistics

autherShruti Shiraguppi calendar18 Jul 2025

The pilot connects key industrial routes using re-powered electric trucks with an estimated 250 km per charge.

Hilti India Named Among Best Large Workplaces by Great Place to Work News
Hilti India Named Among Best Large Workplaces by Great Place to Work

autherShruti Shiraguppi calendar18 Jul 2025

Hilti India enters the large organization category while securing its eighth consecutive GPTW certification.

Replacement Demand to Power 7-8% Growth in Tyre Sector: Crisil Ratings News
Replacement Demand to Power 7-8% Growth in Tyre Sector: Crisil Ratings

autherArunima Pal calendar18 Jul 2025

With the US slapping heavy tariffs on Chinese goods, there’s a likelihood that excess Chinese inventory will be divert...

CEAT Board Approves Rs 450 Crore Expansion to Boost PCUV Tyre Capacity at Chennai Plant News
CEAT Board Approves Rs 450 Crore Expansion to Boost PCUV Tyre Capacity at Chennai Plant

autherShahkar Abidi calendar17 Jul 2025

The company's Chennai plant currently operates with an annual capacity of approximately 70 lakh tyres and is utilizing...