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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The Indian economy has demonstrated remarkable resilience in the face of shifting global dynamics.

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Brakes India and ADVICS plan JV for advanced braking systems production in India – ET Auto

Baua Electric

Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years. A green field project, this JV entity will be funded by both Brakes India and ADVICS with a 51:49 shareholdings respectively.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Super Screws partners with Mitsuchi Corporation for cold forged parts manufacturing in India – ET Auto

Baua Electric

Super Screws Pvt Ltd memorandum of understanding (MoU) with Mitsuchi Corporation New Delhi: Super Screws Pvt Ltd has announced a memorandum of understanding (MoU) with Mitsuchi Corporation of Japan to establish a joint venture aimed at manufacturing and selling special cold forged parts in India.

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German transportation major FlixBus enters India – ET Auto

Baua Electric

New Delhi: FlixBus , a global travel-tech leader offering the world’s largest bus network across 42 countries, has arrived in India, the second biggest bus market in the world. The routes will include 59 stops and more than 200 connections in total, a company release said.

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Skoda Auto Volkswagen India planning next-gen ICE models with updated MQB A037 platform | Autocar Professional

Baua Electric

Skoda Auto Volkswagen India (SAVIPL) the wholly owned Indian subsidiary of the Volkswagen Group is close to finalising its next phase of investment and expansion in the country. The current portfolio of VW and Skoda’s ‘India 2.0’ cars and upcoming ‘India 2.5’ to deliver future connectivity, software and ADAS requirements.

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Global component firm ZF seeks India partners | Autocar Professional

Baua Electric

German Tier I component and tech solutions specialist, ZF, is revamping its global supply business model to enhance its focus on India. This includes prioritising localisation efforts, which indicates a desire for more made-in-India components than relying solely on imports.

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