Japan-based Kasei Group and Minda Industries Limited (MIL), the flagship company of Uno Minda Group, have entered into another joint venture (JV) agreement for manufacturing moulds for alloy wheel. Minda Industries will hold 49.9 per cent stake in the JV, to be named Kasei Minda Mould Pvt Ltd, while Kasei Group will hold the 50.1 per cent of the equity.

The company uses Altair's HyperWorks Suite to achieve light weighting and performance targets.

To prepare for this growth, the company unveiled plans for two major new facilities in May 2018 - a brand-new building near its original automobile factory for expanding fuel cell (FC) stack mass production, and a new line in an existing plant to manufacture high-pressure hydrogen tanks.

CII CEOs Opinion Poll, held in Pune recently, gave thumbs up to economy with 82 per cent CEOs expecting GDP growth of more than 7 per cent for 2018-19. It has also raised some concerns on credit availability to MSMEs.

“Luxury cars are huge area of opportunity for Asahi India Glass” Asahi India Glass (AIS) has a dominant presence in both OEMs as well as aftermarket segments of the country's automotive glass industry. With increase in awareness about safety and quality, the company expects the demand for high quality and value-added solutions to increase in the country. To meet the growing demand, AIS is setting up its fifth automotive glass plant in Gujarat with a proposed investment of Rs 500 crore in two-phases

Suzuki to use the unutilised capacity of Toyota in India to make cars, while Toyota will use Suzuki’s large distribution network for its vehicles

Toyota Motor Corporation and Suzuki Motor Corporation have concluded a basic agreement toward the mutual supply of hybrid and other vehicles between the two companies for the Indian market. Specifically, Suzuki will supply the Baleno and Vitara Brezza models to Toyota, while Toyota will supply the Corolla model to Suzuki.

Toyota Motor Corporation and Suzuki Motor Corporation have concluded a basic agreement toward the mutual supply of hybrid and other vehicles between the two companies for the Indian market.

Tata Motors India, a few years ago, faced hardships, not only in the manufacturing quality of products but also in the aftersales and customer relationship department. Dinesh Bhasin, Head of Aftersales and Service, Tata Motors has been in the customer service segment for the past 35 years, which is when the Indian automotive industry was revolutionised.