Collins Aerospace has established a new Engineering Development and Test Centre (EDTC) in Bengaluru to support its aviation component manufacturing and certification processes, according to a report by The Hindu Business Line. The company has invested approximately $25 million in the facility as part of a broader $200 million investment in India. According to Collins […]
Marquardt inaugurated a new production plant in Talegaon, near Pune, India, on March 5, 2025. The facility, which replaces the company’s previous site in Mumbai, represents an investment exceeding 180 crore rupees (approximately $21.5 million USD) in infrastructure and equipment. The plant will manufacture mechatronic system solutions for the Indian automotive industry, including drive authorization […]
The 59th ACMA Excellence Awards honored around 60 auto component manufacturers with 109 awards across 10 categories, recognizing achievements in manufacturing, product development, localization, and exports. Shriram Pistons And Rings Ltd received multiple accolades, including Platinum awards for Excellence in Manufacturing, New Product Design and Development (NPDD) and Localization, and Export. The company also secured […]
Danfoss Power Solutions has announced an investment of ₹1,000 crore to establish a new manufacturing facility in Talegaon, Pune. The seven-acre greenfield plant will expand the company’s production capacity for pumps, motors, cylinders, and valves. Construction of the facility is expected to be completed in the second half of 2026, with operations beginning soon after. […]
India’s auto component exports reached $21.2 billion in FY24, with projections suggesting they could grow to $100 billion as global original equipment manufacturers (OEMs) adjust their supply chains, according to a report released by the Automotive Component Manufacturers Association of India (ACMA) and Boston Consulting Group (BCG). The report indicates that India has moved from […]
Lumax Auto Technologies Limited has announced the appointment of Satish Sundaresan as its Chief Technology Officer (CTO), effective March 3, 2025. The appointment was approved by the company’s Board of Directors following a recommendation from the Nomination and Remuneration Committee. Sundaresan has over 24 years of experience in leadership roles across the automotive and non-automotive […]
The Indian government has outlined plans to expand its nuclear power capacity to 100 GW by 2047, with a focus on private sector involvement and legislative reforms. Speaking at a post-budget webinar organized by NITI Aayog, Jitendra Singh, Minister of State for the Department of Atomic Energy, stated that nuclear energy is a key component […]
Motherson, through its subsidiary CIM Tools India Pvt. Ltd., has been selected as a Tier 1 supplier for Airbus commercial aircraft. The company has signed a multi-year contract to manufacture and supply aerospace components and assemblies directly to Airbus’ final assembly lines. Production will be carried out at Motherson’s aerospace facility in Bengaluru, India. Motherson […]
José Muñoz, President and CEO of Hyundai Motor Company (HMC), visited India and participated in a town hall meeting at Hyundai Motor India Limited’s (HMIL) headquarters in Gurugram. During the event, he emphasized India’s strategic importance in Hyundai’s global operations and outlined plans for expansion in electric vehicles (EVs) and manufacturing. India is Hyundai’s third-largest […]
Bekaert has inaugurated its India Concrete Expertise Centre at its plant in Lonand. The facility is designed for research and development in fibre-reinforced concrete applications, particularly testing the use of steel fibers in spray concrete. The inauguration took place in New Delhi as part of the Belgian Economic Mission to India. The official opening at […]
