With local manufacturing approach, this expansion aims to strengthen company’s presence in the Brazilian market.

Amid slowdown blues, the industry is hopeful to see a positive growth in the coming year. Upward trend in sales in the quarter is In an SIAM observation.

With new technology advances in auto sector, component manufacturers are also evolving as competitive manufacturers.

ARB Bearings has stood for creative application solutions, great engineering and manufacturing expertise and strong focus for more than three decades.

The industry production fell by 13.07 per cent between April and December, 2019 compared to same time in 2018.

Scania Commercial Vehicles India Pvt Ltd has showcased its recently launched NTG Heavy Tipper, parts and service solutions along with BS IV CEV ready industrial engines, at EXCON 2019, the largest mining and construction equipment event in South Asia, held at Bengaluru.

The JV company Elcon Banshu Wiring Systems (EBWS) Pvt Ltd will manufacture wire harnesses for leading automotive OEMs in the world’s fourth-largest automobile market.

The automotive battery manufacturers are looking ahead to stabilise demand with implementations of BS VI in April 2020. With this, they are hopeful that neighbouring nations will open new markets for them till the time they venture into the lithium-ion batteries.

In November 2019, Tata Motors opened a futuristic tech center at the Engineering Research Center (ERC) Pune for testing and developing new cutting-edge powertrain solutions for all its products.