July 11, 2025
Tata Elxsi has signed a Memorandum of Understanding (MoU) with Synopsys to jointly offer automotive virtualization solutions aimed at supporting software-defined vehicle development. The collaboration is focused on delivering integrated and pre-verified solutions that enable the design and deployment of virtual electronic control units (vECUs), used for early-stage software validation and reducing development timelines. The […]
July 10, 2025
Gabriel India Limited, a manufacturer of automotive components, has announced a joint venture with South Korea’s Jinos Co., Ltd., marking its entry into the automotive and industrial fasteners segment. As part of the deal, Gabriel India will invest INR 268.3 million to acquire a 51 percent controlling stake in Jinhap Automotive India Private Limited (JAIPL). […]
July 9, 2025
ZF India Pvt Ltd and Japan-based Somic Ishikawa Inc. have finalized the transfer of full ownership of their Indian joint venture, Somic ZF Components Pvt Ltd, to Somic Ishikawa. The transaction ends a 32-year partnership between the two companies, with Somic ZF Components now becoming a wholly owned subsidiary of the Somic Group. Established in […]
July 1, 2025
Kinetic Communications Limited, the electronics and EV arm of the Kinetic Group, has inaugurated a new automated production line for electric vehicle (EV) motor controller units at its facility in Pune. Inaugurated on July 1, 2025, the line has an installed capacity of 180,000 units per year under a two-shift system, with a current output […]
July 1, 2025
Samvardhana Motherson International Limited, an an automotive component manufacturer, has increased its equity stake in CIM Tools Private Limited from 55 percent to 68.14 percent following the conversion of compulsory convertible debentures (CCDs) worth INR 1.75 billion into equity shares. The conversion was approved by the Board of Directors of CIM Tools on June 30, 2025. […]
June 30, 2025
SKF India, a manufacturer of bearings, plans to expand manufacturing capacity across both its automotive and industrial segments by 2030. These expansion plans involve the company’s plants in Haridwar, Bangalore and Pune. The Haridwar plant is set for a 50 percent capacity increase, supported by an investment of INR 1,000–1,500 million, targeted for completion by […]
June 28, 2025
Remsons Industries Ltd., a Mumbai-based automotive component supplier, has entered into a technical license agreement with AUSUS Automotive Systems do Brasil LTDA to transfer proprietary automotive component technologies to Brazil. The agreement aims to support local Original Equipment Manufacturers (OEMs) by enabling domestic production of these components using Remsons’ licensed technologies. Under the agreement, Remsons will […]
June 26, 2025
Sekisui Chemical, a manufacturer of plastics, housing, and medical products, has announced plans to establish a new injection molding plant in Pune, Maharashtra, through its joint venture, Sekisui DLJM Molding Private Limited. The facility will be the company’s sixth manufacturing site in India. The investment is approximately USD 3 million, with operations scheduled to begin in […]
June 25, 2025
Raymond Group, a diversified Indian business group, plans to invest INR 12 billion in Andhra Pradesh, focusing on the manufacture of garments, auto components, and aerospace products. According to a report by MoneyControl, The investment is part of the company’s broader diversification strategy beyond textiles into engineering, defence, and precision manufacturing. Raymond’s entry into the aerospace […]
June 24, 2025
Setco Automotive Limited has announced the launch of Load Cushion and Torque Rod Bush products as part of its expansion into suspension solutions for the medium and heavy commercial vehicle (MHCV) segment. The company, listed on the BSE and NSE, stated that this move broadens its product offering within the commercial vehicle sector. The Load […]
