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Researchers at the Indian Institute of Technology (IIT), Guwahati, have developed an eco-friendly composite material made of 'Bambusa tulda', a fast-growing bamboo species in northeast India, combined with biodegradable polymers, officials said on Thursday. Due to its properties, such as high strength, thermal stability, low moisture absorption and cost effectiveness, the developed composite is a suitable replacement of conventional plastics used in automotive interiors. The findings of this research have been published in the prestigious journal, Environment, Development and Sustainability (Springer Nature). Led by Poonam Kumari, Professor, Department of Mechanical Engineering, the research not only addresses the problem of plastic waste, but also provides a solution to the growing global demand for greener materials, particularly in the automotive manufacturing industry. "The researchers tested four bamboo-based composite formulations consisting of Bambusa tulda fibres reinforced
IPO-bound auto components maker Belrise Industries on Friday announced the acquisition of the Indian arm of Japanese firm H-One Co. The move is aimed at expanding Belrise's design and manufacturing capabilities and strengthen its position as a supplier of chassis systems and body-in-white parts in the Indian automotive market, the company said. Belrise, however, did not disclose the deal size. H-One India, the Indian subsidiary of H-One Co, is involved in the design and manufacturing of high-tensile steel components and high-tensile tool development for two and four-wheelers. High-tensile steel components are crucial for light-weighting, enhancing vehicle safety, fuel efficiency, and overall performance. Through this acquisition, Belrise said it aims to enhance its production capacity and logistical efficiency by leveraging H-One India's two manufacturing facilities in North India and integrating the acquired company's core technological capabilities. H-One India's clientele incl
Auto components maker Gabriel India on Saturday announced acquisition of assets from Marelli Motherson Auto Suspension Parts Pvt Ltd for Rs 60 crore. With this acquisition, Gabriel India has acquired additional annual manufacturing capacity of 3.2-million shock absorbers and 1-million gas spring units, the company said in a statement. The total purchase consideration payable under the Asset Purchase Agreement (APA) is Rs 60 crore, subject to closing adjustments, Gabriel India said in a regulatory filing. Pune-based Marelli Motherson Auto Suspension Parts Pvt Ltd (MMAS) is a 50:50 joint venture between Marelli Europe S.p.A. (formerly known as Magneti Marelli S.p.A.) and Samvardhana Motherson International Ltd. It specialises in the design, production and marketing of passive shock absorbers, including semi-corner modules and gas springs, for cars and commercial vehicles. Gabriel India further said it will enter into a licence agreement and a technical assistance agreement with Mare