Search For "auto component"
Sona Comstar establishes joint venture for EV components manufacturing in
Updated : 9 months, 2 weeks ago IST
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China.
Read More
India's EV Industry Set to Achieve 80%+ Localisation and Cross-Border Expa
Updated : 10 months, 3 weeks ago IST
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold conversations around India's electric future, bringing together policy visionaries, industry stalwarts, and capital enablers. The summit was a powerhouse of insights, partnerships
Read More
Sona Comstar appointed new Chairperson, Sunjay Kapur designated Chairman E
Updated : 11 months ago IST
Auto component company Sona Comstar on Monday appointed Jeffrey Mark Overly as the new Chairperson, days after the untimely demise of Sunjay Kapur.
Read More
EVs pose threat to manufacturers of engine components, but also open oppor
Updated : 1 year ago IST
The ongoing transition to electric vehicles (EVs) is expected to reshape the auto component industry by increasing content per vehicle and creating new avenues for suppliers, according to a recent report by Ambit Capital.
Read More
US tariffs may erode Rs 2700-4500 cr of operating profits of Indian auto c
Updated : 1 year ago IST
The rating agency estimates that the tariff-related impact could erode operating profits by Rs2,700-4,500 crore, equivalent to 10-15 per cent of the operating profits of auto component exporters and 3-6 per cent of the overall industry's operating profits.
Read More
Premiumisation in Indian auto sector to fuel sustained growth for componen
Updated : 1 year ago IST
As more consumers in India opt for higher-end vehicles and premium features (like sunroofs, ADAS, etc.), the demand for advanced and higher-value auto components will see a sustained growth, said a report by Ambit Capital.
Read More
Manufacturing base and cost advantages to make India a leader in global au
Updated : 1 year, 1 month ago IST
India's manufacturing base and cost advantages will position the country suitably for potential market leadership in coming years, said NITI Aayog in its latest report.
Read More
India's auto component industry to hit USD 145 billion by 2030, exports to
Updated : 1 year, 1 month ago IST
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion.
Read More
Trump's 25% tariff on auto components import may divert orders to India: F
Updated : 1 year, 1 month ago IST
Speaking exclusively to ANI, Ajai Sahai, Director General and CEO of FIEO, said car exports to the US are insignificant, so it won't have much impact on Indian automakers.
Read More
Trump's auto tariff has limited impact on India, it may even open doors fo
Updated : 1 year, 1 month ago IST
The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and auto parts is expected to have little impact on India's automobile industry, according to a statement by the Global Trade Research Initiative (GTRI).
Read More
Indian auto ancillaries are looking for new markets because of overhang of
Updated : 1 year, 1 month ago IST
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
Read More
Electronic manufacturing a growth opportunity for Indian auto component ma
Updated : 1 year, 1 month ago IST
India's electronics sector has experienced rapid growth in recent years, with production increasing at a compound annual growth rate (CAGR) of 15 per cent from FY16 to FY24, reaching USD 115 billion.
Read More