Musashi India, the wholly owned subsidiary of Japan’s Musashi Seimitsu Industries and a leading maker of two-wheeler and four-wheeler transmission components, has completed Phase 2 of its Bengaluru plant expansion, marking a major boost to India’s automotive and electric mobility ecosystem. The expanded unit will be fully operational by December 2025. With the addition of […]
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Varroc Engineering Ltd., a global tier-I auto components group, reported strong financial and operational performance for FY2024–25, reflecting its strategic focus on innovation, sustainability, and structural simplification. The company closed the year with robust free cash flow generation, margin improvement, and continued deleveraging, while positioning itself for long-term growth across both domestic and international markets. […]
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Parker Hannifin Corporation, the global leader in motion and control technologies, announced that it has agreed to acquire Curtis Instruments, Inc. from Rehlko for approximately $1 billion in cash. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close by the end of 2025. Curtis Instruments designs and manufactures […]
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Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group and one of the world’s largest aluminium companies, today announced the successful delivery of 10,000 aluminium battery enclosures for automotive major Mahindra’s state-of-the-art e-SUVS – BE 6 and XEV 9e, marking a significant development in India’s clean mobility journey. The company also unveiled its […]
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Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen a significant upturn in prospects over the past two years. A confluence of factors such as improving product portfolio, charging infrastructure, and financing availability and a gradual decline in battery prices […]
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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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HARTING has set up a new production site in Vietnam. China’s neighbour is a strategically important location in Asia for the Technology Group. As from now, a well-trained core team will have connector production up and running on the over 2,500 square metre factory premises. “It is important to us that we also ensure our […]
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MAHLE Electric Drives India (MEDI) has inaugurated a state-of-the-art Research and Development Testing Center at its manufacturing plant in Coimbatore/Tamil Nadu, India. The newly opened facility is poised to play a crucial role in MAHLE’s steadily growing footprint in e-mobility and a greener future in India by developing new products, technologies, and solutions for vehicle electrification, under […]
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Uno Minda Ltd, a leading global manufacturer and supplier of proprietary automotive solutions and systems, has recently commissioned a new EV systems plant in Farukhnagar, Haryana under the joint venture with FRIWO AG Germany. This new plant would manufacture On-Board Charger, Off-board charger, Motor Control Unit, DCDC converter, Battery Management System, and many more products catering to EV […]
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BorgWarner Inc. and Eldor Corporation S.p.A. have announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a potential additional amount due subject to an earnout. Headquartered in Italy, Eldor’s EHS segment includes on-board chargers […]
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