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Sona Comstar enters China, establishes JV for component mfg
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite...
India’s EV Industry Set to Achieve 80%+ Localisation
Chennai (Tamil Nadu) [India], July 2: Entrepreneur India EV 2025, held in Chennai on June 27-28, catalyzed bold...
Sunjay Kapur designated Chairman Emeritus of Sona Comstar
Auto component company Sona Comstar on Monday appointed Jeffrey Mark Overly as the new Chairperson, days after...
EVs pose threat to manufacturers of engine components: Report
The ongoing transition to electric vehicles (EVs) is expected to reshape the auto component industry by increasing...
US tariffs may erode Rs 2700-4500 cr of operating profits
The rating agency estimates that the tariff-related impact could erode operating profits by Rs2,700-4,500 crore,...
Premiumisation in Indian auto sector to fuel sustained growth for
As more consumers in India opt for higher-end vehicles and premium features (like sunroofs, ADAS, etc.), the demand...
Manufacturing base and cost advantages to make India a leader
India's manufacturing base and cost advantages will position the country suitably for potential market leadership in...
India’s auto component industry to hit USD 145 billion by 2030
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to...
Auto component business may flow to India due to Trump 25% tariff
Speaking exclusively to ANI, Ajai Sahai, Director General and CEO of FIEO, said car exports to the US are...
Trump’s auto tariff has limited impact on India
The recent decision by U.S. President Donald Trump to impose a 25 per cent tariff on fully built vehicles (CBUs) and...
Indian auto ancillaries are looking for new markets: Report
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the...
Growth in electronic manufacturing for Indian auto parts maker
India's electronics sector has experienced rapid growth in recent years, with production increasing at a compound...
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