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15 Dec 2024

Auto Component Aftermarket Up 5% in H1FY25: ACMA

The share of Indian exports to the USA stands at 28 per cent, followed by Germany (8 per cent) Turkey (5 per cent) Brazil (4 per cent), and countries such as UK, Italy, Bangladesh, Thailand, Mexico, and UAE with 3 per cent of export.

19 Aug 2020

Indian Auto Component Industry de-grows 11.7% in FY 2019-20

Exports of auto components witnessed degrowth of 3.2 per cent to Rs 1.02 lakh crore Slowdown in the domestic market also reflected on imports of component into India. Component imports fell by 11.4 per cent to Rs 1.09 lakh crore.

07 May 2017

Bosch's Bengaluru plant operations to resume from Monday

After receiving the notice, Bosch yesterday announced that it will temporarily suspend operations at its plant in Adugodi in Bengaluru.

30 Jun 2015

Sona Group founder Surinder Kapur passes away

Auto component maker Sona Group founder and chairman Surinder Kapur Tuesday passed away after a brief illness.

07 May 2015

India's auto component manufacturers optimistic about new deals

Indian automotive component manufacturers participating for the first time in an international automotive trade exhibition here are optimistic about securing contracts for exporting its product to the African continent.

23 Apr 2015

JBM forays into solar sector; to invest Rs 1,600 crore

Auto component-maker JBM Group today announced its entry into the solar energy sector with plans to invest Rs 1,600 crore in the next three years.

06 Apr 2015

Bosch declares lockout at Jaipur plant

Bosch said that it does not expect an immediate impact on its deliveries.

Rico Auto Industries

29 Jan 2015

Rico Auto board okays transfer of investments in 3 units

The board of Rico Auto Industries today approved transfer of the company's investments held in three subsidiary firms to Rico Investments, another unit of the auto component manufacturing firm.

02 Jan 2015

Bharat Forge acquires France-based co for 11.8 mn euros

MGL focuses on precision machining and other high value processes like like cladding for critical application in the oil and gas industry.

12 Dec 2014

Pricol to acquire Brazil-based auto component firm

The company, however, did not disclose financial details of the acquisition.

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