Page 6 - Automotive

Rico Auto aims for Rs 315 cr revenue from new Rajasthan plant

The brake systems and die-castings specialist plans to start commercial production at the new Bhiwadi plant by the next financial year

Greaves Cotton plans to open 1500 outlets for after-market services

The company, which recently entered into multi brand spares business, has become first to offer spares across categories in three wheeler segment

ABB wins first order for 15-sec flash charging tech used in electric vehicle

The company has bagged orders worth more than $ 16 million from Geneva's public transport operator and Swiss bus manufacturer HESS for technology that requires no overhead lines

Force Motors opens engine & axles production plant at Pune

The new plant, built with an investment of Rs 100 crore, at Chakan will produce engines and axles of all cars and SUVs made by Mercedes Benz India

HCL partners with two global firms for serving smart vehicle ecosystem

Alliances with the US-based Movimento and Finnish firm Rightware will help HCL to develop and implement the next-generation, innovative automotive solutions

ZF Steering raises gear manufacturing capacity at Pune plant

The company has increased the production capacity of hydraulic power steering gears from 3 lakh to 3.75 lakh units per annum at Shirur (Pune) plant

Mahindra launches all-electric sedan eVerito

Widening charging infrastructure and the government's incentive under FAME India scheme are expected to push the demand for electric and hybrid cars demand in the country

Magneti Marelli opens suspension systems plant in China

The new plant will integrate Magneti Marelli's activities related to suspension systems and plastic components and modules in China

India's cost advantage in manufacturing vis-a-vis Europe to decline by 2023

Archaic labour laws, poor infrastructure and inland logistics services are major impediments for growth, says an Assocham-Roland Berger joint study