auto component

When electric vehicles (EV) become more and more popular, can the automotive component industry be far behind? Auto component makers in India are bracing for change. They have not only…
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Auto component suppliers are expected to log an 8-10 per cent growth in revenue this fiscal driven by healthy domestic original equipment manufacturers (OEMs) and pent-up demand from…
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New Delhi: The government has warned multinational auto companies of serious action if they pressured component makers to import from preferred suppliers in areas where there is an…
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India’s auto component industry recorded its highest trade surplus of $700 million in a financial year in 2021-22, on the back of leading automakers across the world embarking on a…
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German auto component major ZF aims to regain its past peak to €400 million in revenues in 2022 for its commercial vehicle division in India and it has set itself an ambitious target to…
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