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Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

SIAM Conclave Focuses on Building Resilient Supply Chain

Industry experts and leaders came together to address challenges in the supply chain.

DICV’s Sustainability Goals

Driving sustainability in our production and operations has been a key focus for DICV since our inception, says Satyakam Arya, CEO and MD, DICV.

DICV’s Sustainability Goals

As an environmentally-conscious organisation, DICV is also moving forward along a roadmap that helps tackle climate change while spurring economic growth.

DICV’s ambitious sustainability goals for 2025 and beyond

Daimler India Commercial Vehicles (DICV) announced its ‘Seven Statements for Sustainability’, a series of goals aimed at reducing its carbon footprint and protecting the local environment.

DICV’s ambitious sustainability goals for 2025 and beyond

DICV makes ‘Seven Statements for Sustainability’, aims to reduce carbon footprint and protect local environment

Tipper trucks market gearing up

Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.

Adaptability and agility are our core strengths

Gagandeep Singh Gandhok, Senior Vice President – HD Truck Business, VECV, shares his views on the market scenario and the company’s plans.

Tata Motors presents future-ready CVs to redefine transportation in India

Tata Motors has introduced its future-ready product portfolio, developed with an aim to ‘redefine transportation’.

Braving challenges

With this March marking the closure of another financial year in the country, the world economy is reeling under a host of issues ranging from the slowdown that hit the market for more than a year to the coronavirus scare.

Auto Expo 2020 Components inaugurated

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM) kicked off the 15th edition of Auto Expo: 2020 Components, themed ?Technovation - Discover Innovations for Future?.

We expect to see a positive turn in volumes

Tata Motors has been at the forefront of constantly innovating and defining the market with new technologies and categories.

Gaining Momentum

Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.

Thwarting challenges

The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.

Lubricant industry is becoming more dynamic

Lubricants are a crucial component of achieving significant business value by helping reduce costs and improve equipment productivity. Praveen Nagpal, Chief Technology Officer, Shell Lubricants India, shares more on his company's major activities towards this.

Port of call

Cargo traffic at Indian ports is gradually growing. Containerisation and palletisation of cargo is on the rise, though there is still far more to go for us to have a sizeable share of containerised and palletised cargo in the global market.

CE needs a breather from BS-VI

In a bid to deal with the critical pollution situation in the national capital, the Ministry of Petroleum has brought forward the date for the rollout of BS-VI fuel for Delhi to April 1, 2018 instead of the original deadline of April 1, 2020.

Emerging market trends

Indian Oil Corporation (IOC) Karnataka state office conducted an All India Servo Auto OEM meet in Bengaluru recently. With the theme 'Driving the Xtra Mile', the meet was aimed at sharing and deliberating the latest developments in emission norms, fuel technology, lubricant technology, greener fuels, vehicle technology and after treatment devices. The purpose of this programme was to strengthen relationship with valued customers and other stake holders and to position Servo as one-stop solution

New appointment at Terex Corp

Terex Corporation has appointed John Sheehan as its new senior vice president and chief financial officer. Sheehan most recently served as executive vice president and chief financial officer of Mylan ? a global pharmaceutical company ? from 2010 to 2016.

We have a fleet of 110 units and still expanding

Eastman Logistics and Infrastructure is a flagship company of the Eastman Group. Eastman has its working presence all over India. The promoters of the company have a vast experience of 40 years in the equipment rental and logistics industry.

Cyanoacrylate instant adhesives

Taoka Chemical India Pvt Ltd manufactures and offers cyanoacrylate instant adhesive in India.

Dust from construction adds to pollution

The auto industry is impacted by the various measures such as curbs on registration of diesel SUVs and the odd-even vehicle formula in Delhi.

Synchro Sleeves, Input Shaft, Final Drive

AVTEC, a part of the CK Birla Group, the company makes precision engineered automotive components such as crankshafts, cylinder blocks, camshaft, gears and housings, cylinder heads, gears and machined castings that find use in heavy-duty transmissions.

CRCA automotive steel

Ispat Industries is a manufacturer of a range of flat steels and coils for the auto industry (OEMs and ancillaries). The product range includes hot rolled, CRCA, galvanised, and colour coated products. Having high yield strength, excellent formability, and good weldability, the range of flat steels and coils are made at a well-equipped manufacturing infrastructure. With high emphasis on quality, the flat steels and coils find use in chassis, wheel rims, truck bodies, gear axle covers, and fuel t

More Needs To Be Done

The interim Budget presented recently has some positive measures for the construction equipment sector, with the highlight being the two per cent excise duty reduction on capital goods. Industry captains react.We as part of the construction equipment industry, are happy with the cuts announced by the Finance Minister. This will certainly help this important industry to build infrastructure, which has been down by over 30 per cent over the last couple of years. However, I feel that, given the

Auto component makers seek govt relief

With the component manufacturers facing the heat of the slowdown, they are now expecting some relief on the lines of 2008-09, either in the form of excise duty cuts or interest rate cuts or otherwise.

We expect to add another 6-8 retreading plants in the next three years

In India, there is no incentive for retreading. In fact, we are burdened with VAT and service tax, says Karun Sanghi, Managing Director, Tyresoles India. Excerpts from the interview.

Anti-dumping duties on cheap and dumped tyres need to be more stringent

Ever since liberalisation, the Indian tyre industry has shown its mettle and has progressed rather rapidly against all odds. The industry is capable of taking all the challenges in its stride. However, the industry is asking for a level playing field with its counterparts in China and other countries,

Auto sector for more rate cuts

The Indian auto industry gave a lukewarm response to RBI's decision to reduce short-term lending rates, saying the sector needs a cut of at least 100 basis points.

Bosch to invest Rs 2,200 cr

Bosch, a leading auto component company, is planning to invest Rs 2,200 crore in the next fiscal in capacity expa?nsion, diversification and tech?no?logy development.

Fuel price rise shrinks margins

India has been witnessing a high rate of inflation and continued increase in interest rates for a long time now. One of the most recent impacts was on the auto industry which has increased prices across the board.

Gates India to invest $7 mn

Gates India, the Indian arm of the US-based company Gates Corporation which has already invested $25 million in its India operations.

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