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 continuing domestic growth buoyed by robust demand from original equipment manufacturers (OEMs)1 on the back of high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish. Continuing demand momentum, driven by OEMs, […]

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Amara Raja Batteries breaks ground for gigafactory in Telangana

Amara Raja Batteries Limited (ARBL), one of India’s leading industrial and automotive battery majors (BSE: 500008 and NSE Code: AMARAJABAT), today held a grand groundbreaking ceremony for Telangana’s first gigafactory in Mahbubnagar district. The event was graced by Shri. K. T. Rama Rao, Honourable Minister for Municipal Administration and Urban Development; Industries and Commerce and […]

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Shriram Pistons and Rings: Ready for EVs yet remaining steadfast on ICE

Shriram Pistons and Rings aspires to maintain its commitment to traditional powertrain solutions while expanding into cutting-edge technology as the mobility ecosystem shifts from ICE to EVs, finds out N. Balasubramanian in this exclusive interaction with Krishnakumar Srinivasan, MD & CEO of the company Product Showcase at Auto Expo 2023 A comprehensive selection from Shriram Pistons and […]

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Brakes India launches brake pads with advanced friction technology for electric vehicles

Leading the trend and adapting to growing market needs of the automotive sector, TVS Apache, a brand of Brakes India, launched ZAP brake pads with advanced friction technology for electric vehicles. Boasting of enhanced corrosion protection and quiet braking, ZAP is specifically designed and formulated to suit the requirements of electric vehicle customers.  As a […]

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Overwhelming response for Alkraft’s exciting range of heat transfer solutions

In an exclusive interview with MOTORINDIA, Basil Mohamed Siddeeqi, Managing Director, Alkraft, shares about the overwhelming response for his company’s products & solutions at Auto Expo, their main communication at the event and outlook for the upcoming FY Response at Auto Expo 2023 Over the last twenty years of our participation at various Auto Expo […]

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BorgWarner will supply battery cooling plates to major German vehicle manufacturer in Europe and the U.S.

BorgWarner will supply a major German vehicle manufacturer in Europe and the U.S. with innovative battery cooling plates destined for the carmaker’s next generation of electric vehicles. Compared to alternative solutions, the BorgWarner cooling plates provide cooling capacity in a more compact package with reduced weight and cost. The plate design also compensates for assembly […]

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Shriram Pistons & Rings to acquire 75% shareholding in Takahata Precision

Shriram Pistons & Rings Limited (SPRL), one of India’s most recognised auto component manufacturing companies, has announced to acquire 75% shareholding inTakahata Precision India Private Limited (TPIL) through its wholly-owned subsidiary, SPR Engenious Limited (SEL). This will mark SPRL’s foray into the manufacturing of the precision injection moulded components.  Takahata Precision Co. Ltd., Japan is a leading […]

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