Sundram Fasteners Reports Record Profits For Q1 FY2026
- By MT Bureau
- August 01, 2025
Chennai-based Sundram Fasteners has announced its unaudited financial results for Q1 FY2026, which saw the company report record profits and strong revenue growth. The company reported its highest-ever standalone revenue from operations at INR 13.50 billion, a slight increase from INR 13.10 billion a year ago.
The growth was primarily fuelled by a robust domestic market, with domestic sales rising 8.78 percent to INR 9.30 billion. However, export sales faced challenges, declining to INR 3.79 billion. Despite this, the company achieved its highest-ever EBITDA of INR 2.38 billion, with an improved margin of 17.5 percent, a result of better operational efficiency, stable commodity prices, and a favourable product mix.
Sundram Fasteners also posted its recorded net profit of INR 1.38 billion for the quarter. Consolidated figures also showed a strong performance, with the company recording its highest-ever consolidated revenue from operations at INR 15.33 billion and a consolidated net profit of INR 1.47 billion.
Arathi Krishna, Managing Director, Sundram Fasteners, said, "I am pleased to share that our first-quarter performance underscores the fundamental strength and resilience of our operations, as well as our unwavering commitment to delivering value to our customers. Compared to the same period last year, we have grown propelled primarily by robust domestic demand across our key segments. This progress is a testament to the dedication and expertise of our teams, who continue to drive operational excellence and uphold the highest standards of product quality. Their efforts have enabled us to successfully navigate an evolving and challenging market environment. Our export markets continue to pose challenges amidst global economic headwinds and ongoing geopolitical uncertainties. Despite these conditions, we remain confident in the competitive strength of our product portfolio and the durability of our long-term partnerships. We are further strengthening our foundation by prioritizing investments in innovation, capacity expansion, and customer engagement, ensuring we are well positioned for sustained growth in both India and International markets. We are closely monitoring the recent U.S. tariff decision. While the full impact is yet to unfold, I am confident in our ability to adapt and advance our presence in the U.S. market, reinforced by enduring customer relationships and our consistent commitment to quality.”
Marelli And Motherson Open Automotive Lighting Plant In Sanand
- By MT Bureau
- February 23, 2026
Marelli and its joint venture partner Motherson have inaugurated a manufacturing facility for automotive lighting in Sanand, Gujarat. This plant is the second facility for the Marelli Motherson Lighting India (MMLI) joint venture in the region and increases Marelli’s total footprint in India to 16 production sites and three R&D centres.
The facility focuses on exterior lighting systems for the passenger vehicle market. It introduces several technologies to India, including the production of single-piece lamps that span the full width of a vehicle. These components create light signatures up to two metres in length for the front and rear of cars.
The plant localises the production of headlamp modules with a height of 17 millimetres. These modules can be configured with adaptive driving beam (ADB), high-beam boost, or ambient lighting.
To manufacture these large lighting elements, the facility has been equipped with high-tonnage injection moulding machines. The building structure includes overhead cranes specifically designed for heavy tooling, a first for a lighting plant in India.
The Sanand site incorporates rooftop solar installations and plans to source further energy through open-access green power. As part of its corporate social responsibility, MMLI has planted 1,700 trees in the surrounding area to assist with carbon absorption.
Established in 2008, MMLI is a 50:50 joint venture that employs over 4,500 people. It operates eight plants across Pune, Sanand, Bawal, and Noida, supported by a design centre and a PCB production facility.
Frank Huber, President, Marelli’s Lighting business, said, “Our new facility in Sanand is a key milestone in bringing advanced lighting technologies to our customers in India. Together with our partner Motherson, we are uniting global innovation with strong local manufacturing capabilities to deliver cutting-edge solutions for the Indian market. Our joint venture continues to be a great success — built on Marelli’s global technology leadership, Motherson’s great infrastructure, execution excellence and deep customer relationships on the subcontinent, and the significant autonomy both partners have entrusted to the MMLI team since its establishment in 2008.”
Laksh Vaaman Sehgal, Vice-Chairman, Motherson, stated, “The inauguration of our cutting-edge automotive lighting plant underscores Motherson’s unwavering commitment to innovation, excellence, and customer-centricity. This strategic investment strengthens our ability to deliver advanced, future-ready lighting solutions while meeting the evolving needs of our customers. We deeply appreciate the trust and support of our customers, which has been instrumental in achieving this significant milestone.”
Garrett Motion Secures First Serial Award For Centrifugal Compressor From China's Cling
- By MT Bureau
- February 22, 2026
Garrett Motion has announced its first serial award for a centrifugal compressor from Chinese automotive company Cling, which involves the integration of Garrett’s oil-free, foil bearing-based technology into next-generation HVAC systems for electric buses and trucks.
Production is scheduled to commence in 2027. The technology was validated through joint testing between the two companies throughout 2025.
The Garrett centrifugal compressor utilises a high-speed motor exceeding 160,000 RPM. Compared to traditional scroll compressors, the system is 50 percent smaller, 30 percent lighter and reduces noise levels by a claimed 10 dB.
Key technical features include:
- Voltage Support: Compatible with 400V–800V heat pump systems.
- Maintenance: Oil-free design offering up to 45,000 hours of maintenance-free operation.
- Refrigerants: Supports low-pressure and low-GWP (Global Warming Potential) refrigerants.
- Thermal Performance: Designed to enhance cooling capacity and energy performance to extend vehicle range.
The partnership aims to establish new standards for thermal management in the commercial vehicle segment. The compressor architecture is designed for automotive-grade production and is scalable for both EV deployment and industrial applications.
Olivier Rabiller, President and CEO, Garrett Motion, said, “This collaboration brings Garrett’s cutting-edge centrifugal cooling compressor technology to electric commercial vehicle applications for the first time. By combining our high-speed, oil-free compressor architecture with Cling’s leadership in commercial vehicle HVAC systems, we are setting new benchmarks for efficiency and thermal performance – driving innovation for electric buses and trucks in China and beyond.”
Junfeng Guo, General Manager, Cling, added, “Our collaboration with Garrett reflects Cling’s vision to become a leading provider of integrated HVAC and thermal management solutions for commercial vehicles. This partnership will help us push the boundaries of comfort, efficiency, and environmental responsibility across China and global markets.”
- Tata AutoComp Systems
- Artifex Interior Systems
- Artifex Systems Slovakia
- Jaguar Land Rover
- Volkswagen
- Audi
- Skoda
- Sweden Engineering Centre
- Arvind Goel
- Alan Fennelly
- Manoj Kolhatkar
Tata AutoComp Completes Acquisition Of IAC Slovakia, Renames It As Artifex Systems Slovakia
- By MT Bureau
- February 18, 2026
Tata AutoComp Systems, through its British subsidiary Artifex Interior Systems, has completed the acquisition of 100 percent of the share capital of IAC Group (Slovakia). The entity has been renamed Artifex Systems Slovakia s.r.o.
The acquisition establishes a presence for Tata AutoComp in the European Union, specifically as a supplier to Jaguar Land Rover, Volkswagen, Audi and Skoda. The move is part of a strategy to unify Artifex operations in the UK, Sweden and Slovakia under a single identity.
Coinciding with the acquisition, Artifex has opened the Sweden Engineering Centre in Gothenburg. The facility is intended to support innovation and collaboration with regional partners and customers.
Artifex now operates with an annual revenue of USD 1.3 billion and a workforce of 4,100 employees across Europe. Its portfolio includes instrument panels, consoles, door trims and headliners.
Arvind Goel, Vice-Chairman of Tata AutoComp Systems, said, "The integration of Artifex Systems Slovakia s.r.o (formerly IAC Slovakia) has been successfully completed, marking a significant step in building the Artifex brand and advancing our global growth strategy. With this integration, we are now better positioned to deliver long-term value, operational excellence, and world-class quality to global OEMs."
Manoj Kolhatkar, MD & CEO, Tata AutoComp Systems, added, “In the light of this development, I would like to inform you that our European businesses demonstrate strong operational and cultural alignment. This integration will enable quicker decision-making, improved execution, and enhanced value delivery for our OEM clients in the region.”
Alan Fennelly, CEO, Artifex Interior Systems, stated, "We are proud to formally welcome Artifex Systems Slovakia (formerly IAC Slovakia) into the Artifex and Tata AutoComp family. Their skilled workforce, strong customer focus combined with great technical expertise will be key in accelerating our growth as we support the next generation of vehicle platforms."
- BWI Group
- Dayton Engineering Laboratory Company
- Delco
- Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co
- Zhang Jia Kou Financial Holding Group
- ZJKFH
- Semi-Active Roll Control
- SARC
- GWM Tank
- Bruno Perree
BWI Group Launches Automated Roll Control System For SUVs And EVs
- By MT Bureau
- February 18, 2026
BWI Group has introduced an automated mode for its Semi-Active Roll Control (SARC) system, designed to address the weight challenges of modern SUVs and battery electric vehicles (BEVs). The update allows a vehicle's anti-roll bar to disconnect and reconnect on demand while driving.
For the unversed, BWI Group was incepted in 1909 as Dayton Engineering Laboratory Company (Delco). It is said to have created the first reliable electric self-starter for the global automotive market, and is now currently owned by China’s Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co, led by Zhang Jia Kou Financial Holding Group (ZJKFH) and an assembled syndicate of key investors.
The SARC system aims to resolve the engineering conflict between ride comfort and handling. As SUVs now account for over half of European car registrations and BEVs weigh significantly more than internal combustion counterparts, chassis engineers have historically used stiff stabiliser bars that can compromise comfort.
Operational Data and Speed
The new mode uses vehicle data – including steering angle, speed, lateral acceleration, and yaw rate – to manage the anti-roll bar. During high-speed cornering, the system reconnects the bar in less than 200 milliseconds. When the bar is disconnected during normal driving, the vehicle maintains a more compliant ride.
At the centre of the technology is a rotary actuator and a self-contained hydraulic mechanism. Unlike mechanical alternatives, this hydraulic setup allows for connection and disconnection even when wheels are positioned at different heights. The system also features self-centring technology to ensure engagement across all suspension travel.
SARC is currently in production for several platforms, including the GWM Tank series. BWI Group expects the automated functionality to increase adoption in the SUV and BEV sectors, where managing vehicle mass is a priority for manufacturers.
Bruno Perree, Engineering Manager, BWI Group, said, “Chassis engineers are continually trying to improve road handling and comfort, but the two goals are often incompatible. The latest update to SARC removes that compromise, allowing engineers to optimise the roll bar purely for handling as it will be disconnected the majority of the time. This not only improves comfort but also adds significant off-road capability, which can be a key competitive differentiator in a crowded SUV market.”

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