Lumax Auto Technologies Limited, a manufacturer of automotive systems and components, has inaugurated the Smart Hub for Innovation and Future Trends (SHIFT) Technology Centre in Bengaluru. The centre will support the company’s electronics engineering and digital development efforts as vehicles move towards greater software integration. The SHIFT Technology Centre will focus on in-cabin experience, advanced […]
Mobileye Global Inc., a provider of advanced driver assistance systems (ADAS) and autonomous driving technologies, has entered into a Memorandum of Understanding (MoU) with VVDN Technologies Private Limited to localize ADAS solutions for Indian automakers. The partnership aims to enhance manufacturing readiness and accelerate the availability of advanced safety technologies tailored for the Indian automotive […]
Sharda Motor Industries Limited, a publicly listed Tier-1 automotive components manufacturer, has signed a technology licence agreement with Donghee Industries Company Limited of the Republic of Korea to develop and manufacture suspension components for the Indian market. The agreement covers local production of control arms, torsion beams and sub-frames for domestic and global original equipment […]
HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., has announced an investment of INR 3.45 billion (USD 42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune. The new investment will increase production capacity by over 50 percent and create 300 additional jobs by 2027. According to a press release issued […]
Balkrishna Industries Ltd. (BKT) has inaugurated a Vehicle Dynamics and Testing (VD&T) facility at the National Automotive Test Tracks (NATRAX) in Indore. The facility is intended to support the company’s expansion into the on-road tyre segment, including passenger car radial, commercial vehicle radial, and two-wheeler tyres. The VD&T base is equipped with testing machinery and […]
Wheels India has entered into a technical agreement with South Korean hydraulics cylinder manufacturer SHPAC to enable technology transfer in hydraulic cylinder production. The move is aimed at expanding Wheels India’s operations in the hydraulic cylinder segment. “It has been our stated intent to focus and grow the hydraulics cylinder business significantly over the next […]
Minda Corporation Limited, a subsidiary of Spark Minda Group, plans to set up two new greenfield die casting plants and one new greenfield instrument cluster plant as part of its capital expenditure programme for FY25 and FY26. These projects are part of the company’s planned capital expenditure of INR 20 billion over the next five […]
Remsons Industries Limited, a manufacturer of automotive components, has identified an additional 80,000 square feet of property in the National Capital Region to support its expansion plans. The company stated that the move is intended to meet increasing demand for its products and strengthen manufacturing and operational capabilities. The company has set a revenue target […]
The Automotive Component Manufacturers Association (ACMA) has appointed Anmol Jain, Managing Director of Lumax Auto Technologies Ltd., as Chairperson of its Northern Region. He will be joined by Manish Saraf, Vice President – Sales & Business Development at Paracoat Products Ltd., who has been named Co-Chairperson. The leadership appointments come as the auto component sector […]
Stephenson Gobin, a UK-based manufacturer of electromagnetic brakes, clutches, and safety products, has opened a new 20,000 sq ft manufacturing plant in Attibele, Karnataka, near Bangalore. The facility will produce electromagnetic brakes, clutches, and fire door safety products, expanding the company’s production capacity to meet demand from international customers. The site is equipped with assembly […]
