Parker Hannifin, a motion and control technology company, has inaugurated a new cabin air filter assembly line at its Chennai facility on 18 August 2025 in partnership with Daimler India Commercial Vehicles (DICV). Senior leaders from DICV, including President and Chief Procurement & Supply Chain Officer Michael Moebius and Associate Vice President Jain Nishit, attended […]
CEAT Limited has acquired Michelin Group’s CAMSO Construction Compact Line Business, including the Midigama plant and Casting Product plant in Sri Lanka. The transaction gives CEAT ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year licensing period. As part of the acquisition, CEAT announced an investment of USD 171 […]
Benteler, an automotive technology company, is expanding its manufacturing footprint in India. Tony Shi, member of the Management Board of Benteler Automotive, and Shyam Dinakaran, Vice President of Purchasing APAC, met Pratik Mathur, Consul General of India in Shanghai, to brief him on the company’s expansion plans. In July 2024, the company inaugurated a pressing […]
Pavna Industries Limited, a manufacturer of automotive components, has acquired an additional 1.89 acres of land near Jewar Airport in Uttar Pradesh. The company said the expansion is part of its strategy to strengthen its presence in the industrial corridor surrounding the airport and to support future capacity growth. “Each addition to our landholding near […]
Huber+Suhner, a developer of electrical and optical connectivity solutions, has inaugurated a new assembly line for its RADOX HPC 200 high-power electric vehicle charging cables at its Manesar facility on 26 August 2025. The development comes ahead of the Trade and Economic Partnership Agreement (TEPA) between India, Switzerland, Iceland, Norway, and Liechtenstein entering into force. […]
Rane Holdings Limited, an auto component manufacturer, has invested INR 500 million in its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL), through a rights issue of equity shares completed on 19 August 2025. RSSL issued 2 million equity shares of INR 10 each at an issue price of INR 250 per share, which […]
Endurance Technologies Limited, a manufacturer of automotive components, is set to expand production capacity for anti-lock braking systems (ABS), disc brake systems, and brake discs at its plant in Waluj, Chhatrapati Sambhajinagar, Maharashtra. The expansion, requiring a total investment of INR 1.36 billion, is scheduled to be completed in the fourth quarter of the financial […]
Pavna Industries Limited has entered into a joint venture agreement with Taiwan-based SmartChip Microelectronic Corporation (SMC) to develop electronic lock systems and electric vehicle (EV) components. Pavna will hold an 80 percent equity stake in the venture, while SMC will hold 20 percent. Under the agreement, Pavna will provide operational, manufacturing, and procurement expertise and […]
Serendip Holdings Co., Ltd. (Nagoya, Japan) has signed a joint-venture agreement with NTF India Private Limited to establish a company in India for the development and distribution of automotive interior and exterior parts. The venture will be majority-owned by Serendip’s group company, Mitsuiya Industrial Co., Ltd., with a 51 percent stake, while NTF India will […]
NDR Auto Components Limited will establish a new manufacturing facility in Anantapur, Andhra Pradesh, with an investment of INR 272.9 million. The plant is planned to produce frame structures for 50,000 five-seater cars and seat covers for 78,000 seven-seater cars annually. Operations are targeted to begin by August 2026. The project will be implemented through […]
