Capex for EV components to cross Rs. 25,000 crore in next 3-4 years: ICRA

Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the…

Rane Madras opens new facility in Aguascalientes, Mexico for steering components

Rane (Madras) Limited, a leading manufacturer of steering and suspension products and light metal casting components,…

JK Fenner’s Strategic Foray Into EV Components And ADAS Solutions

In an exclusive interaction with Aftermarket & Service, Nagaraju Srirama, President & Director, JK Fenner (India)…

HARTING inaugurates new plant in Vietnam

HARTING has set up a new production site in Vietnam. China’s neighbour is a strategically important…

MAHLE India inaugurates new R&D facility for electrification in Coimbatore

MAHLE Electric Drives India (MEDI) has inaugurated a state-of-the-art Research and Development Testing Center at its…

Indian automotive components sector revenue to grow 10-12% this fiscal 

The Indian automotive components sector will clock 10-12% growth in revenue in fiscal 2024, riding on…

EV share in auto components to be 9-11% by fiscal 2027

Shift presents both opportunities and challenges for auto component players Revenue of the electric vehicle (EV)…

UNO Minda-FRIWO AG partnership for EV components

Minda Industries Ltd (MIL), a leading global manufacturer and supplier of proprietary automotive solutions, has announced…