Ratings agency ICRA revised downwards the growth forecast for the auto components industry by 300 basis points for the ongoing fiscal year citing the impact of semiconductor shortage.

Textile major Raymond has said its board has approved plans to consolidate the tools and hardware and auto components businesses into engineering business.

Textile major Raymond has said its board has approved plans to consolidate the tools and hardware and auto components businesses into engineering business.

India and Taiwan are in talks on an agreement that could bring chip manufacturing to South Asia by the end of the year.

The Automotive Research Association of India (ARAI) has indigenously developed a charger for electric vehicles to give a push to the EV ecosystem in the country, as per a statement.

Addressing the media in Chennai, Arun Goel, Secretary, Union Ministry of Heavy Industries, said that the country has seen investments of around $34.5 billion in the last five years.

Bookings for India’s first Electric Small Commercial Vehicle (SCV) ‘M1KA’to commence in Quarter 4 of 2021

The new affordable and reliable radar solution by Continental uses perception algorithms, making it suitable for markets like India. Rear View Systems (RVS231) is a cost-effective, compact, and highly intelligent camera with built-in features and functions

Allison to pay approximately $27 million in cash for AVTEC’s off-highway transmission portfolio and Madras Export Processing Zone (MEPZ) off-highway component machining business.