auto components - Latest News, Analysis, Opinion

Latest Articles in auto components

ICRA Revises Downwards Revenue Growth Forecast For Auto Component Industry This Fiscal

ICRA expects the "robust 15-17 per cent revenue growth" in the ongoing fiscal for the Indian auto component industry to be driven by domestic OEM, replacement, export volumes and pass-through of commodity prices

Minda Industries Forms JV With FRIWO For Manufacturing EV Components

BW Online Bureau

Companies & Markets

The company said it will also expand production capacities of its two-wheeler and four-wheeler alloy wheels business for which a total capital expenditure (capex) outlay of Rs 264 crore has been made.

Driving Improved Outcomes In IBC Through Better Engagement

S Ravi

Opinion Columns

There are some obvious reasons for the same – lack of defined timelines, abrupt change of process by lenders due to their inherent nature, post closing challenges despite the law providing for reliefs and very limited financing available for such bids.

Govt To Notify PLI Scheme For Auto Components, Steel, Textile: Official

BW Online Bureau

Companies & Markets Sector Reports

India is pitching itself to be part of this global supply chain by attracting investments in these PLI sectors

Motherson Sumi Systems Shares Zoom Over 13 % After Q4 Earnings

BW Online Bureau

Companies & Markets

Consolidated total revenue from operations was lower at Rs 57,369.91 crore as against Rs 60,728.99 crore in 2019-20.

Steel Strips Wheels Wins Orders Worth Rs 54 Cr From US, Europe

BW Online Bureau

Companies & Markets Sector Reports Steel

SSWL will complete execution of the orders by early July 2021 from its Chennai and Dappar plants

Motherson Sumi Acquires Bombardier's Electrical Wiring Biz

BW Online Bureau

Companies & Markets

The company had announced the acquisition of Bombardier's Mexico-based EWIS business for around USD10 million through its Mexican subsidiary, Motherson Rolling Stocks (MRS).

Motherson Sumi Systems gets shareholders' nod for proposed group restructuring

BW Online Bureau

Companies & Markets

Motherson Sumi Wiring India Ltd (MSWIL) will be the largest listed automotive wiring harness player in India with a nationwide manufacturing footprint

U GRO Capital Launches ‘GRO Micro’, Expands Its Network By 25 Branches

BW Online Bureau

More Press Release

The company aims to bridge this credit gap effectively, by providing its customized lending services to the MSMEs. U GRO Capital has a robust and highly capable technology enabled underwriting model, for which it has also filed a patent.

Hero Motors Acquires Strategic Stake In Hewland Engineering For Undisclosed Amount

BW Online Bureau

Companies & Markets

'This new collaboration with Hero Motors provides a capital infusion that will help us execute our strategic growth initiatives, as well as enhance our capabilities and presence within the EV market,'

In auto sector, we should move towards global dominance, says Piyush Goyal

Raj Kantak

National

In auto sector, we should move towards global dominance, says Piyush Goyal

Auto Component Industry Seeks Tax Rationalisation To Tide Over Challenging Biz Environment

BW Online Bureau

Companies & Markets Sector Reports Auto

The industry, which provides employment to over 50 lakh people in the country, is seeking GST reduction on auto components as well as vehicles in order to revive the overall automobile industry.

Rebuilding And Restoring The Auto Components Sector

Rohit Saboo

Companies & Markets Sector Reports Auto

Even before the COVID-19 crisis, the auto sector was already facing a myriad of challenges which were aggravated by this pandemic.

Trading Of Counterfeit Products In The Aftermarket Is Jeopardizing The Indian Auto Components Industry

Manav Kapur

Companies & Markets Sector Reports Auto

The selling of counterfeit goods and products under the name of reputed brands not only brings the immense financial loss to the original brands but also poses a great threat to the Indian economy.