Search For "auto component"
Union cabinet announces PLI schemes for auto, drone industries
Updated : 4 years, 8 months ago IST
New Delhi [India], September 15 (ANI): To enhance India's manufacturing capabilities, Union Cabinet on Wednesday approved the production linked incentive (PLI) schemes for the auto, auto-component, and drone industries.
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Auto component industry to witness 20-23 pc growth in FY22: ICRA
Updated : 4 years, 9 months ago IST
New Delhi [India], July 29 (ANI): The Indian auto component industry is expected to report 20 to 23 per cent revenue growth in FY2022, supported by strong exports demand, and recovery in domestic original equipment and aftermarket segments.
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Spoton Logistics eliminates operational inefficiencies and increases month
Updated : 4 years, 10 months ago IST
New Delhi, (Delhi), [India], July 22 (ANI/NewsVoir): Spoton Logistics, India's premier technology-driven logistics company, successfully eliminated operational inefficiencies and increased monthly sales turnover by over 3-times for one of India's largest auto components manufacturers. Spoton
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AUTO i CARE becomes the First Mover in After-sales Value Chain for India's
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI/NewsVoir): India's auto-components industry is expected to reach US$ 200 billion by FY26. Auto-components industry accounts for 2.3% of India's Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly.
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Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 4 years, 11 months ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
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Karnataka: Bosch extends help to repair faulty ventilators in government h
Updated : 4 years, 11 months ago IST
Bengaluru (Karnataka) [India], May 30 (ANI): Auto component maker Bosch India has come forward to undertake repairing work of faulty ventilators in Karnataka's government hospitals free of cost, Dr CN Ashwatha Narayana, state's COVID Task Force head, said on Saturday.
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TVS Motor Company to provide free COVID-19 vaccination to all employees an
Updated : 5 years, 2 months ago IST
Hosur (Tamil Nadu) [India], March 6 (ANI/NewsVoir): TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced that they had extended free COVID-19 vaccination for all employees and their immediate family members.
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Cabinet approves PLI scheme for 10 sectors worth Rs 1.46 lakh crore to boo
Updated : 5 years, 6 months ago IST
New Delhi [India], November 11 (ANI): The Union Cabinet on Wednesday approved Production-Linked Incentive (PLI) scheme in 10 key sectors including pharmaceutical drugs and automobiles and auto components to enhance India’s manufacturing capabilities and export.
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In auto sector, we should move towards global dominance, says Piyush Goyal
Updated : 5 years, 8 months ago IST
New Delhi [India], September 4 (ANI): Union Minister of Commerce and Industry and Railways Piyush Goyal has said that in the auto sector, we should move towards global dominance, in terms of auto components and automobiles.
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Minda Industries' rights issue price fixed at Rs 250 per equity share
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 11 (ANI): Leading auto component manufacturer Minda Industries said on Tuesday that its board of directors has fixed a price at Rs 250 per equity share for its Rs 250 crore rights issue.
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Auto component maker Motherson Sumi re-opens most plants globally
Updated : 6 years ago IST
Noida (Uttar Pradesh) [India], April 29 (ANI): Specialised automotive component maker Motherson Sumi Systems Ltd (MSSL) said on Wednesday that more than 80 out of its 152 manufacturing facilities across the world are now operational.
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COVID-19 outbreak adds to woes of auto manufacturers: SIAM
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 11 (ANI): The coronavirus outbreak will disrupt the availability of auto components as India imports about 10 per cent of them from China, the Society of Indian Automobile Manufacturers (SIAM) said on Wednesday.
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