Amazon Web Services (AWS) announced that Apollo Tyres, India’s leading tyre manufacturer, is going all-in on AWS to digitally transform.

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.

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

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.

These innovative technologies allow global automotive formulators and foam manufacturers to produce high-performance polyurethane foams, while significantly reducing interior emissions levels to meet OEMs’ requirements.

As a precursor to two-days Progressive Punjab Investors Summit-2021 on October 26 & 27, Punjab Chief Minister Charanjit Singh Channi on Saturday met a delegation of German companies operating there.

Taiwan-based tech company Foxconn, which has announced its entry into the electric vehicle space, is looking forward to come to India to manufacture its EVs.

Recently, the Tata Motors and TPG Rise Climate has entered into a binding agreement, wherein the latter along with its co-investor ADQ will invest in its newly incorporated subsidiary of Tata Motors.

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.