Page 4 - Automotive

Steel Strips Wheels bags exports order for 20,000 wheels

SSWL has also received a contract from BMW India to supply 18,000 wheels

Indian auto component industry gaining momentum on rising vehicle demand

The auto component industry, which is expected to reach $ 100 billion by 2020, will have to be extremely competitive and effective to capitalise on this demand, says Vishal Kulkarni

Maruti Suzuki to set up industrial training institute in Gujarat

Japan-India Institute of Manufacturing (JIM), to be built in Mehsana, will train 300 youths per year in technical trades and Japanese shopfloor practices

Fiem Industries forms JV with Japanese firms for automotive switches

The company has roped in Toyodenso Co Ltd and Toyota Tsusho Corp to manufacture automotive switch assemblies in India

Pollution control board asks Bosch to stop operations at Jaipur plant

The order was issued to the Jaipur plant for alleged non-fulfilment of certain conditions with respect to wastewater treatment and reuse of the treated water

Hero MotoCorp to invest Rs 205 cr in electric 2W developer Ather Energy

With this investment, Hero have approximately 26-30% stake in Ather, which is engaged in the business of designing and manufacturing smart electric vehicles (EV)

Mahindra to target premium segment to boost two-wheeler business

The company's subsidiary Classic Legends, which acquired British motorcycle company BSA, will introduce iconic classic brands like BSA and JAWA in India and Asia

Manufacturers have to give details of emission levels for vehicle

From April 1, 2017, the manufacturers will have to give detailed declaration about the emission levels of the vehicle they have manufactured

Mahindra group becomes first Indian company to announce carbon price

The company's carbon price, of $ 10 per tonne of carbon emitted, is aligned with its business commitment to reduce its greenhouse gas (GHG) emissions by 25% over the next three years

Henkel opens acoustic lab in Pune for automotive industry

The lab will enable the company to offer cutting-edge solutions to meet the evolving and challenging requirements of customers in the area of noise, vibration and harshness

Fiem Industries ties with two Japanese firms to make auto components

The company has signed agreement with Aisan Industry Co Ltd and Toyota Tsusho for manufacturing canister, an emission control system product used in automotive industry

Hero Motocorp undertakes drive against spurious parts suppliers

The company has conducted raids with Delhi police to seize more than 50,000 spare parts, counterfeit labels & packaging materials

HPCL launches engine oils for Tata Motors vehicles

The new range includes engine oils, gear oils, steering and transmission fluids, coolants, brake fluids and greases

ZF Steering Gear to invest Rs 150 crores for new plant in Pithampur

The company has already secured a plot on lease for the project, which is expected to start production by 2018

Sika opens facility for adhesives and acoustic products in Brazil

The new factory in Sao Paolo will manufacture adhesives and a wide range of acoustic products for the automotive market in Latin America

India should become society of design and innovation: Amitabh Kant

IT companies and manufacturing companies need to work together to create a disruptive culture for creating globally competitive designs, says NITI Aayog CEO

Steel Strips Wheels clears PSA Peugeot audit

With this, it is eligible to supply the wheels to all the plants of PSA across the world

Bill Forge takeover to help Mahindra CIE strengthen position in Asia

With its exposure to leading 4W OEMs, strong presence in 2W and significant exports, Bill Forge will provide complementary business mix to Mahindra CIE

Suprajit buys US-based cables maker Wescon Controls for Rs 295 cr

Acquisition of Wescon, a market leader in the outdoor power equipment (OPE) in North America, will help Suprajit to increase its exposure in both automotive and non-automotive business in the Americas

Nissan and Ashok Leyland agree to restructure partnership arrangement

As per the new pact, Ashok Leyland will buy Nissan's stake in three joint venture companies, formed in 2008, that focus on technology development, and manufacturing of powertrains and vehicles