Tag: electric vehicle components

Indian EV Components Market Set to Surge 8X by 2032, Reaching ₹3.55 Lakh Crore: IESW Report

News Desk

The report reveals battery packs, motors, and power electronics will drive unprecedented growth in the domestic EV supply chain. India’s electric vehicle (EV) components market is expected to expand eight-fold over the next seven years, with projections showing a rise from ₹41,000 crore in 2025 to ₹3.55 lakh crore by 2032. This forecast comes from […]

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

News Desk

Rane (Madras) Limited, a leading manufacturer of steering and suspension products and light metal casting components, has expanded its global footprint with a greenfield facility for manufacturing steering and suspension components for passenger vehicle application through its wholly-owned subsidiary viz., Rane Automotive Components Mexico (RACM), in Aguascalientes, Mexico. The first business for this facility is […]

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