News Oct 19, 2022 Ashok Leyland unveils vehicle platform JEET 4x4 at DefExpo 2022 The company showcased products like JEET 4x4 (a proven vehicle platform, equipped to perform in hills, high altitude, cross country, plains & desert terrain), LBPV 4x4 (light bullet proof vehicle 4x4) and Tank T72 GB Assembly aggregates (gear boxes).
News Apr 11, 2022 Omega Seiki, Log 9 to launch EVs in tier II and III cities Omega Seiki Mobility (OSM) and Log9 Materials have formed a strategic partnership to deploy 10,000 3-Wheeler Rage+ Rapid EV’s in Tier II and III markets of India by FY24.
News Feb 26, 2022 Adani, Ballard ink pact for JV for hydrogen fuel cells The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.
News Feb 04, 2022 Budget Focuses on Creating Infra in Auto Sector for Rise in Jobs The domestic forging industry said the Union Budget 2022-23 is focusing on investing more in infrastructure and renewable energy, that will indirectly support employment generation.
News Feb 01, 2022 Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23 In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.
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.
News Jan 06, 2022 Maharashtra, early-bird benefits, electric vehicles Disruption in the global supply chain has opened up opportunities for large-scale manufacturing in India, aided by significant policy initiatives.
News Dec 27, 2021 Indian auto component industry grows in first half of 2021-22 Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced a growth of 65 per cent over the first half of the previous year.
News Dec 03, 2021 Tips for automotive OEMs & suppliers to solve supply chain issues Manav Kapur, Executive Director, Steelbird International, shares four critical business abilities that automotive enterprises should acknowledge and execute to manage supply chain issues in future.