Bonfiglioli Transmissions Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering comprising an offer for sale of up to 46,998,958 equity shares of face value INR 10 each by its promoter, Bonfiglioli S.p.A. The company did not disclose the price band or […]
The Automotive Research Association of India (ARAI) has signed a memorandum of understanding (MoU) with wbk Institute of Production Science at Karlsruhe Institute of Technology (KIT), Germany, to collaborate on advanced manufacturing and circular factory research. The agreement formalises joint efforts in research and development across digital production systems, circularity, quality management, and talent development. […]
The Automotive Research Association of India (ARAI) has developed a dedicated test facility in Pune to calibrate Advanced Driver Assistance Systems (ADAS) for Indian road conditions. The infrastructure is intended to address validation requirements as ADAS features expand from premium vehicles to mass market segments. Spread across 20 acres, the ADAS Test City has been […]
Dynamatic Technologies Limited reported a 34.7 percent year-on-year increase in consolidated revenue for the quarter ended 31 December 2025, with Aerospace contributing 50 percent of total revenue and Hydraulics margins showing recovery following restructuring measures. The results reflect a shift in segment mix and operational performance across its three business verticals. The Aerospace segment reported […]
ZF Commercial Vehicle Control Systems India Limited continues to ramp up production of advanced technology products at its multi-divisional manufacturing plant in Oragadam. The plant manufactures e-compressors, hydraulic electronic stability control (ESC) systems, electronic stability control solutions for e-mobility, air system protector (APS) cartridges for Indian original equipment manufacturers (OEMs), and wheel-end products such as […]
ZF Commercial Vehicle Control Systems India Limited announced the appointment of Mukund Govindarajan as Regional Operations Officer in the capacity of Senior Management Personnel, effective 4 February 2026. Mukund Govindarajan succeeds M.S. Ravikumar who retired as Regional Operating Officer of ZFCVCS India after 39 years of service. Govindarajan has over 35 years of experience in […]
Carraro India Limited is expanding its axle manufacturing capacity from 115,000 units to up to 154,160 units over the next 18 months, following a Board-approved capital outlay of INR 623 million. The plant is currently operating at over 90 percent utilisation, and the expansion is aligned with demand from agricultural and construction equipment segments. “The […]
Automotive Axles Limited said it will add capacity beginning in the first quarter of FY27, with full expansion expected by the third quarter of FY27, aligning with an industry outlook of around 500,000 medium and heavy commercial vehicle (M&HCV) units. The company said current capacity utilisation stands at around 80 percent, providing near-term flexibility to […]
Tube Investments of India Limited plans to invest an additional INR 5 billion to INR 7.5 billion in its electric vehicle (EV) business from the parent balance sheet, even as the segment continues to report losses. The proposed capital infusion signals continued strategic commitment to scaling clean mobility operations. “It will definitely be at least […]
The Gas Turbine Research Establishment (GTRE), a Bengaluru-based laboratory under the Defence Research and Development Organisation (DRDO), has issued an Expression of Interest (EoI) inviting Indian industry to establish domestic manufacturing infrastructure for indigenous aero gas turbine engines. The initiative aims to transition laboratory-developed designs into flight-ready hardware and create sustained in-country production capability. In […]
