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Automotive Products Finder - Automotive Components Magazine from India

Search Keyword: Auto component

Bharat Forge to acquire JS Autocast
News
  Feb 26, 2022

Bharat Forge to acquire JS Autocast

The auto component maker Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited announced 100% acquisition of Coimbatore-based JS Autocast Foundry India Private Limited.

Tesla should buy $ 500 mn Indian auto parts for tax cut
News
  Feb 23, 2022

Tesla should buy $ 500 mn Indian auto parts for tax cut

Tesla CEO Elon Musk has previously urged the Government of India to bring the taxes down. The Government is now asking Tesla to source auto components worth at least $500 million from India.

India’s auto component industries may grow by 15-17%: Brikwork Ratings
News
  Jan 28, 2022

India’s auto component industries may grow by 15-17%: Brikwork Ratings

The domestic auto components industry may see a revenue growth of 15-17 % this fiscal and 10-12% in the next financial year on the back of recovery in automobile sales, according to a report.

Auto component maker ZF launches CV solutions
News
  Jan 19, 2022

Auto component maker ZF launches CV solutions

German auto component company ZF announced the start of its new commercial vehicle (CV) solutions division.

ICRA comes out with revised downward growth forecast for auto industry
News
  Jan 19, 2022

ICRA comes out with revised downward growth forecast for auto industry

Rating agency Icra revised downwards the revenue growth forecast for the auto components industry in the current fiscal to 15-17 percent.

ACMA recommends uniform 18% GST on all auto components
News
  Jan 14, 2022

ACMA recommends uniform 18% GST on all auto components

A moderate rate of 18 per cent will not only address this challenge but will also enhance the tax base through better compliance, says Sunjay Kapur, President, Automotive Component Manufacturers Association (ACMA).

Omega Seiki Mobility, Jae Sung Tech form JV to make EV powertrains
News
  Jan 13, 2022

Omega Seiki Mobility, Jae Sung Tech form JV to make EV powertrains

The all-electric Ra314 powertrain will be the first product and will be used in OSM Rage+ in Q1 FY23

Taiwanese machine tool maker expects good growth due to EV boom
News
  Jan 13, 2022

Taiwanese machine tool maker expects good growth due to EV boom

The machine tool industry has a historic chance of growth due to the shift to electric vehicles and demand for localised manufacturing, as per the head of the biggest Taiwanese machine tool company.

MG Motor India, ACMA tie-up to promote skills in EV Sector
News
  Jan 13, 2022

MG Motor India, ACMA tie-up to promote skills in EV Sector

MG Motor India has joined hands with the Automotive Component Manufacturers Association of India (ACMA) with a vision to educate and foster skill development in the EV component industry.

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