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Sona Comstar Reports INR 1.81 Billion Net Profit For Q1 FY2027
July 23, 2026
Interestingly, battery electric vehicle revenue reached an all-time high of 44 percent of total revenue, growing by 107 percent YoY.
MT Bureau
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Schaeffler India Clocks INR 3.36 Billion Net Profit For Q2 CY2026
July 23, 2026
For H1 CY2026, revenue from operations was INR 51.88 billion, up 18.1 percent YoY, with a net profit of INR 6.56 billion led by growth in the Automotive Technologies, Vehicle Lifetime Solutions and Intercompany Exports segments.
MT Bureau
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ACMA Expects Component Industry To Clock 10% Growth In FY2027, Outlook Remains Positive
July 07, 2026
Going forward, ACMA projects 8-10 percent value growth for FY2027 if current momentum holds, supported by strong Q1 performance and steady exports. While trade deficit reversal will take time – particularly with EV growth and imported advanced technolog
Nilesh Wadhwa
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Schaeffler India Secures BIS License For Cylindrical Roller Bearings
July 04, 2026
With this, the company becomes the first in the Indian bearing industry to secure BIS certification for Cylindrical Roller Bearings (CRB). Additionally, these locations have received BIS licenses for Deep Groove Ball Bearings (DGBB).
MT Bureau
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Jean-Luc Terrasse Appointed CEO Of Valeo Light Division & Group Executive VP
July 03, 2026
Terrasse has held leadership roles in operations across Europe and South America during his three-decade career. He first joined Valeo in 1989 and has served in business units including Engine Management Systems, Body Electronics and Special Lighting Prod
MT Bureau
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Knorr-Bremse To Showcase Zero-Emission Technologies At IAA Transportation 2026
July 02, 2026
The company is set to showcase Electric Vehicle Motion Control (eVMC), wherein the software is designed to optimise energy recovery through brake control within the Global Scalable Brake Control (GSBC) system.
MT Bureau
