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India Can Attain 8% Global Share in Auto Components by 2030 Says NITI Aayog Report
April 15, 2025
It estimates India’s global traded auto component market at USD 20 billion, with the global industry driven by transmission, engine components and steering systems.
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Rahul Desai Appointed CEO Of Pinnacle Industries
April 14, 2025
At Pinnacle Industries, he will be responsible to oversee operations across manufacturing plants and supporting functions.
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Belrise Acquires H-One India To Strengthen Design & Manufacturing Of High-Tensile Steel Components
April 11, 2025
Through this acquisition, Belrise will strengthen its production capacity and logistical efficiency by leveraging H-One India’s two manufacturing facilities in North India and integrating H-One India’s core technological capabilities.
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Continental Showcases Sustainable Key FOB Made From Bioplastic
April 11, 2025
The new key FOB the company shared was developed to target ‘non-fossil oil based’ shell cover to replace the standard polyamide PA12 plastic with 100 percent bioplastic which is PA11, based on castor oil.
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Schaeffler India Intensifies Battle Against Counterfeit Products
April 03, 2025
The company has announced that it has undertaken extensive collaboration with local authorities, leading to hundreds of legal activities, including several successful raids in key metropolitan areas such as Delhi, Mumbai and Kolkata. These operations resu
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Donald Trump’s Liberation Day Tariffs Does Not Cover Autos & Auto Parts Says ACMA
April 03, 2025
For FY2024, India exported USD 6.79 billion worth of auto components, which translates to 27 percent of the total exports from India. On the other hand, India’s automotive component imports from the United States was valued at USD 1.63 billion or 7 perc
