News Updates

Union Road Transport Minister Nitin Gadkari on Tuesday said that the Centre's mission is to increase the turnover of the automobile industry to Rs 15 trillion within the next five years.

The auto components industry is poised for a 10- 15 per cent growth in fiscal 2022, following a 3 per cent slide in FY21 during peak Covid pandemic, according to Sunjay Kapur.

With the ripple down effect of declining automobile sales, the forging industry is facing the heat with a sharp decline in demand.

A good supply chain management, integrated with predictive and prescriptive analytics becomes a crucial joining point for both the manufacturers and the distributors, says Manav Kapur, Executive Director, Steelbird International

After Chinese authorities cut down on magnesium production, auto manufacturers across the world are regretting dependence on Beijing for supplies as the price of the metal has spiked.

Owing to strong global orders, India's merchandise exports rose by 43 percent in October this year as compared to same period previous year.

The new Aprilia SR 160 will be available at a price of Rs 117,494 Ex showroom Pune and Aprilia SR 125 priced at Rs 107,595 Ex showroom Pune. It can be booked for an initial amount of Rs 5000.

Nitin Gadkari, the Union-Minister for Road Transport and Highways, said that his aim is to make the Indian automobile industry the number one in the world, in terms of export of electric vehicles.

Two companies have their cooperation by setting a new toolroom in India that is dedicated to specific automotive lighting applications.