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Auto Components

Fiscal Year:

Make in India: Everstone buys over 51% in SJS for Rs 350 crore

Mumbai: Everstone Capital, a Singapore-based private equity (PE) firm, has purchased 51 per cent in Indian auto components maker SJS Enterprises for an estimated Rs 350 crore (US$ ...

October 12, 2015

Tyre maker Continental AG expands footprint in Ahmedabad

Ahmedabad: International tyre manufacturer and automotive supplier Continental AG has launched another wheel alignment tyres and alloys store at Ahmedabad. This will be the fourt...

May 25, 2015

Amtek to acquire casting & forging business of Asahi Tec, say reports

New Delhi: Amtek Auto, one of India's largest auto component makers, is expected to buy the iron casting, forging and machining business of Asahi Tec Corporation of Japan.

April 28, 2015

Uno Minda, Kosei Aluminum in JV to manufacture, sell alloy wheels

Mumbai: Uno Minda has formed a joint venture (JV) with Japan-based Kosei Aluminum Co Ltd to manufacture and sell alloy wheels in India.

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February 27, 2015

ICRA expects auto industry to post 11-12% revenue growth

Chennai: The Indian auto component industry revenues is expected to grow by 11-12 per cent during 2014-15 on the back of benign raw material prices and expected revival in automobi...

February 04, 2015

BMW, Mercedes step up local sourcing of parts

New Delhi: BMW and Mercedes-Benz have intensified their localisation efforts to be part of Make in India initiative. "The localisation efforts will reduce the waiting period a...

February 04, 2015

Suzuki’s Gujarat plant to export cars to Africa

Ahmedabad: Suzuki Motor Corp plans to make automobiles for Africa, the company’s next big bet, as well as for India at its upcoming factory in Hansalpur, near Ahmedabad, Guj...

January 29, 2015

Motherson Sumi buys assets of Scherer and Trier for $44.8 million

Mumbai: Motherson Sumi Systems Ltd has acquired assets of German auto parts maker Scherer & Trier GmbH & Company KG, which includes two factories. The acquisition will be made thro...

December 17, 2014
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