The CII President said that the Indian auto ancillary industry should expand its export list and reach at least 5% of global components trade by 2026. He shared his views at the 61st annual session of ACMA.

German technology company has been increasing wheel speed sensor production capacity, driven by rising local demand due to India's safety legislations like Anti-lock Braking System (ABS)

Rolls-Royce Power Systems and Pune-based automobile manufacturer Force Motors signed an agreement on a joint venture in which Force Motors will hold a 51 per cent and Rolls-Royce Power Systems a 49 per cent stake.

Following commercial vehicles and four wheelers, the mandate for ABS in two-wheelers will skyrocket the ABS market in India.