Auto parts maker ASK Automotive on Wednesday said it has entered into a joint venture pact with Japanese auto components supplier AISIN Group Companies in the passenger vehicle space. As …
The centre has extended the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by a year. A statement from the Ministry of Heavy Industries (MHI) said this decision …
The Ministry ofHeavy Industries on Monday issued a Gazette notification to extend the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial …
India’s love for larger, feature-rich vehicles, coupled with efforts being undertaken by stakeholders to deepen localisation, is turning into a boon for local autos parts makers with component sales in …
The auto component industry is looking to invest around USD 6.5 to 7 billion over the next five years on capacity expansion and technology upgradation, with the demand expected to …
Auto components maker Samvardhana Motherson International Ltd on Monday said it will acquire assets and shares of Germany’s Dr Schneider Group entities at an overall enterprise value of about 118.3 …
Ramkrishna Forgings Ltd on Monday said it has acquired Multitech Auto Private Ltd and its wholly-owned subsidiary Mal Metalliks Private Limited for Rs 205 crore. Multitech Auto and Mal Metalliks …