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Softening of commodity prices help component-makers’ margins grow: ICRA

Softening of commodity prices help component-makers’ margins grow: ICRA

autherAutocar Professional Bureau     calendar25 Jan 2016

With an estimated OE demand growth of 3-4 percent in FY16, and a stable aftermarket, ICRA procjected the auto component industry’s revenue growth to be moderate during FY16 at 3-5 percent, vis-a-vis 10 percent in FY15.

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Carl Zeiss measuring machines gain momentum in Indian auto industry News National
Carl Zeiss measuring machines gain momentum in Indian auto industry

autherJaishankar Jayaramiah calendar25 Jan 2016

As OEMs in India focus more on quality on the back of increasing customer awareness and government regulations, Carl Z...

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Devcon India 2016 highlights Renesas’ ADAS capabilities News National
Devcon India 2016 highlights Renesas’ ADAS capabilities

autherJaishankar Jayaramiah calendar22 Jan 2016

Japanese semiconductor major Renesas is developing products in several verticals of autonomous car concept including i...

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Apollo Tyres inaugurates India’s first football pitch made from recycled rubber News National
Apollo Tyres inaugurates India’s first football pitch made from recycled rubber

autherTakshak Dawda calendar21 Jan 2016

The Mumbai pitch was inaugurated by Satish Sharma, president, Asia-Pacific, Middle East & Africa, Apollo Tyres and ex ...

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Continental to start manufacturing ABS and ESC units in India News National
Continental to start manufacturing ABS and ESC units in India

autherAutocar Professional Bureau calendar21 Jan 2016

Passenger car ABS and ESC will be produced locally at the Continental Automotive Brake Systems plant in Gurgaon, Harya...

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Pricol targets Rs 3,000 crore revenue by 2020 News National
Pricol targets Rs 3,000 crore revenue by 2020

autherKiran Bajad calendar20 Jan 2016

Coimbatore-based components manufacturer will focus on the global market and also set up manufacturing facilities in t...

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Precision Camshafts goes public, floats IPO to raise Rs 410 crore News National
Precision Camshafts goes public, floats IPO to raise Rs 410 crore

autherShourya Harwani calendar19 Jan 2016

The issue opens on January 27 and closes on January 29. The price band is fixed at Rs 180 to Rs 186 per equity share. ...

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Igus develops retraction system for e-chains on industrial robots News National
Igus develops retraction system for e-chains on industrial robots

autherAutocar Professional Bureau calendar18 Jan 2016

The new triflex RSE system prevents looping of the energy chain, allowing these materials to be safely supplied to the...

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Michelin launches Pilot Power 3 and Pilot Road 4 superbike tyres in India News National
Michelin launches Pilot Power 3 and Pilot Road 4 superbike tyres in India

autherAutocar Professional Bureau calendar14 Jan 2016

The Pilot Road 4 and Pilot Power 3 ranges are designed for high-performance superbikes with engine capacity of 600cc a...

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Saint-Gobain to invest Rs 1,000 crore in glass business in Tamil Nadu News National
Saint-Gobain to invest Rs 1,000 crore in glass business in Tamil Nadu

autherAutocar Professional Bureau calendar14 Jan 2016

This takes the cumulative investment in Sriperumbudur to over Rs 3,000 crores, adding significant manufacturing capaci...

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Can Tesla's entry boost the Indian EV market?

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