New Delhi [India], March 2 (ANI/SRV): Leading fasteners suppliers manufacturer Kotadia Inc. expects the electric vehicle (EV) business to account for about 15 per cent of its portfolio over the next 3-4 years. The company is forecasting an increase from 3 per cent now, with a strong pick up
Dallas [US], February 15 (ANI/BusinessWire India): Tessolve, (a Hero Electronix Venture) is a multinational semiconductor and systems engineering company that offers end-to-end solutions and works closely with silicon and original equipment manufacturers (OEMs) to productize their platforms
Mumbai (Maharashtra) [India], October 21,(ANI/PNN): Runaya, one of India's fastest-growing manufacturing start-ups, recently announced that its state of the art plant for the manufacturing of FRP (Fiber Reinforced Plastic) rods at Silvassa has started commercial production. The plant has a c
Mumbai (Maharashtra) [India], September 9 (ANI): Software-driven transformation is expected to help leading original equipment manufacturers (OEMs) in the automotive industry gain 9 per cent higher market share over their peers by differentiating themselves with unique software-based feature
New Delhi [India], August 24 (ANI): Lockheed Martin has been awarded a 328.8 million US dollars, five-year contract from the Indian Air Force (IAF), to provide dedicated and comprehensive support for the IAF’s fleet of 12 C-130J-30 Super Hercules Aircraft. Lockheed Martin is the ori
New Delhi [India], July 8 (ANI): Saudi Arabia-based Alfanar on Thursday announced its entry into Indian energy sector through 100 per cent acquisition of wind turbine original equipment manufacturer Senvion India.
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.
New Delhi [India], May 20 (ANI): The sudden and severe onset of second wave of Covid-19 pandemic in the country has derailed recovery momentum of automobile original equipment manufacturers (OEMs) and auto-ancillaries to an extent, investment information firm ICRA said on Thursday.
Mumbai (Maharashtra) [India], Mar 13 (ANI): India Ratings and Research (Ind-Ra) has revised its outlook for the auto ancillary sector to improving for FY22 from negative.
Mumbai (Maharashtra) [India], February 20 (ANI): Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit from recent price hikes over the medium term as input prices normalise, according to India Rat
Mumbai (Maharashtra) [India], Jan 8 (ANI): With high steel prices making operations less viable and thus less profitable, end-use industries may defer consumption slightly, India Ratings and Research (Ind-Ra) said on Friday.
New Delhi [India], October 30 (ANI): Amid increasing consumer preference for personal mobility, the original equipment manufacturers have continued with higher wholesale billings during July-September 2020, ahead of the peak demand period during the festive season in October-November, with p