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Gabriel India, SK Enmove Form JV for lubricants and EV fluids

Auto component manufacturer Gabriel India has entered into a joint venture with South Korea’s SK Enmove to diversify its product portfolio and foray into the lubricants and engine oils segment.

Kinetic Engineering targets Rs 10 bn revenue by 2029

Auto component manufacturer Kinetic Engineering (KEL) has announced an investment of Rs 1.77 billion through convertible warrants to achieve its target of Rs 10 billion revenue by 2029, up from Rs 1.50 billion currently.

ZF launches digital fleet management platform SCALAR in India

ZF, a leading auto component manufacturer, announced the launch of its digital fleet management platform, SCALAR, in India on January 21, 2025.

Icra slashes growth forecast for auto components industry to 17-20 pc for FY22

According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year and commodity passthrough" besides growth driven by domestic OEM, replacement and export volumes.

ACMA seeks relief measures for component industry to withstand COVID 19 impact

The impact of coronavirus over the industry, people and the economy is a grave concern.

ACMA Aftermarket Expo in Patna

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the interest of the Indian auto component manufacturers, announced the first edition of the ACMA Aftermarket Expo in Patna.