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Govt refuses to impose safeguard duty on auto components07-OCT-09
The government has refused to impose safeguard duty on imports of some auto components of medium and heavy commercial vehicles from China, saying these are not affecting the domestic industry.
Volkswagen starts sourcing auto components from India05-OCT-09
German auto major Volkswagen has started sourcing auto components for its European plants. Going forward India would become one of the major sources for components for our global units, said Jörg Müller, President and Managing Director of Volkswagen Group India.
Bharat Forge seeks shareholders' nod to raise $150 mn01-OCT-09
Auto component maker Bharat Forge today said it will raise $150 million (nearly Rs 720 crore) through various fund raising routes.
DCM Eng in talks with global CV makers to supply new castings07-SEP-09
Auto component maker DCM Engineering today said it is in talks with global commercial vehicle makers for supply of its latest castings, manufactured using graphite iron.
Fiat to source components worth $1 bn from India by 201003-SEP-09
Italian auto firm Fiat today said it will source components worth $1 billion from India by 2010 for its global operations.
Frequent strikes might make Pricol move out of Coimbatore04-JUL-09
Leading auto component manufacturer Pricol has said it may be forced to move production units out of the district due to frequent strikes and 'non-cooperative' attitude of some workers for the last two years,substantially bringing down its profit margin.
Govt may impose anti-dumping duty on auto components06-MAY-09
The government today said it would consider various measures, including imposing anti-dumping duties, to protect the domestic auto component industry from cheap imports.
Jai Balaji starts alloy making unit21-FEB-09
Jai Balaji Industries Ltd (JBIL) said in a release that it has commissioned its 0.45 million tonne Alloy & Stainless Steel division at its Integrated Steel Plant at Durgapur, West Bengal.
SKF India, Trinity declare block closures at Pune plant13-DEC-08
SKF India and Trinity Engineering, makers of auto components, have announced block closures at their Pune plant as their products’ demand has fallen sharply over the last two months.
Kinetic plans foray into making of auto parts01-AUG-08
Kinetic Motor Company, the Pune-based scooter-maker, which sold its business assets to Mahindra and Mahindra for Rs 110 crore on Wednesday, is now considering to get into the auto components
Small car to adorn big stall at Auto Expo28-DEC-07
Tata Motors will have the largest pavilion, spread over 5,000 sq mt at the upcoming 9th Auto Expo, where it will unveil the much talked about Rs 1 lakh car, according to Rajive Kaul, chairman of the
Porwal Auto mulls exports12-DEC-07
Indore-based Porwal Auto Components, which is set to hit the capital market on December 17, is mulling exports of its automotive products.
Yash Birla to revive auto parts division22-SEP-07
The Rs 2,500 crore Yash Birla Group has decided to revive its auto components division, which will include fresh investments and bringing its four operational units under one holding company.
Auto components in reverse gear17-JUN-07
The rumble of the slow-down in vehicles sales has begun to find an echo among the makers of automobile parts.
Ignore us at economy's peril, says foundry body14-MAR-07
The growth of auto components and automobile industries might be badly hit if the foundry industry was ignored. The foundry sector, the mother industry for engineering, automobile, oil, cement and
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