Toyota Kirloskar Auto Parts Pvt Ltd (TKAP), a part of Toyota Group of companies, has announced that it has received the Domestic Value Addition (DVA) Certificate for xEV Transaxle (e-Drive) under the Production Linked Incentive (PLI) Scheme for Advanced Automotive Technology (AAT) products. This development renders TKAP eligible to avail incentives under the Scheme. TKAP’s […]
Featuring 1500+ product categories across 10 segments, the event provided a comprehensive platform for automotive wholesalers, distributors, and traders The 5th edition of ACMA Automechanika 2024, held in collaboration with Messe Frankfurt and as part of Bharat Mobility Global Expo, concluded on a high note, garnering a footfall of 35,000 business visitors. It was a conglomeration of the entire mobility ecosystem […]
ZF Aftermarket continues its expansion in India and the country becomes a hub for TRW’s shock absorber manufacturing expertise through its manufacturing facility in the region. ZF Aftermarket made significant strides in expanding its product and solutions range for the Indian market by introducing TRW shock absorbers, brake pads, and brake discs. In line with […]
JOST, a world-leading producer and supplier of safety-critical systems for the commercial vehicle industry, consolidates and strengthens its commitment in India with the construction of a second production plant near the southern Indian city of Chennai. The second plant in India is set up to produce front loaders and associated implements and backhoes for its […]
By Vairavanthan Shanmugavelu In the dynamic world of auto components, a significant challenge has emerged with the accumulation of over 5000 Crore worth of inventory, often labeled as “Non-Moving, Dead Inventory.” This stockpile is predominantly found in the godowns of dealers, distributors, and retailers. Various factors contribute to this backlog, including missing part numbers, absent […]
Forgetting to retract the side stand of a bike while in a rush, is a major reason for a crash in India. In such cases, riders usually endure serious injuries and sometimes it can cost them their lives. Therefore, to address this issue and to ensure the utmost safety of its customers, Uno Minda, a […]
The Auto Expo 2023, jointly organized by The Tamil Nadu Automobile and Allied Industries Federation (TAAIF) and The Tamil Nadu Motor Parts Dealers Association (TMPDA) in Madurai from 30th September 2023 to 2nd October 2023, was a tremendous success. The success of the show can be mainly attributed to the unity, hard work, and team […]
The unique customer engagement program will cover 17,000 km across 90 cities and 13 states with an aim to raise awareness about efficient aftermarket services, educative sessions for auto garages and retailers Brakes India, the country’s leading braking systems manufacturer and supplier and a renowned name in the aftermarket segment, has flagged off its first-ever pan-India customer […]
JV to double ANAND’s aftermarket sales in five years The $2-billion-plus ANAND Group, a leading manufacturer of world-class auto systems and components, has signed a JV with Korea’s $8.1-billion HL Group. The JV will increase the size of the Indian conglomerate’s aftermarket business two-fold while building the Korean entity’s presence in India. The JV will […]
In a compelling exploration of the rapidly evolving landscape of India’s automotive aftermarket industry, Motorindia’s N. Balasubramanian delves deep into the transformative journey of myTVS in an exclusive interview with G. Srinivasa Raghavan, Managing Director of myTVS. The dynamic MD shares the strategic initiatives and innovative approaches driving myTVS to the forefront of the industry, […]
Hindustan Petroleum Corporation Limited (HPCL India) in partnership with Saudi Arabia based Petromin Corporation launched its first set of 16 Express Service Centres in Bengaluru and Chennai, a first of its kind in the country. The HP Petromin Express Centres, situated within the precincts of HP petrol stations in the city, are expected to completely alter the way automobile servicing is […]
As the automotive aftermarket industry gathered at Automechanika Dubai this week, the latest market developments were shared during a series of sessions on the exhibition’s main stage. Addressing the growth opportunities and changing trends in the GCC aftermarket, Subhashree Ramarathnam, Principal Consultant, Mobility, Frost & Sullivan, also touched on the opportunities that Electric Vehicles (EVs), […]
With over 120 companies, the India pavilion was the third largest at the event The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, together with Engineering Exports Promotion Council of India (EEPC India) organised participation of its members at the 20th edition of Automechanika Dubai 2023 held from October 02 until […]
Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) today announced that the Board of Directors has approved the acquisition of 100 percent of the shares of KRSV Innovative Auto Solutions Private Limited (in the following “Koovers”), a Bengaluru-based private limited company offering spare parts solutions to Indian aftermarket workshops via a B-to-B e-commerce platform. This acquisition presents an ideal […]
Hendrickson, a leading global manufacturer and supplier of medium and heavy-duty mechanical, elastomeric and air suspensions, integrated and non-integrated axles, and other commercial vehicle systems, has launched its innovative air and mechanical suspensions and axles for trailer applications in India. With a rich legacy of 110 years in driving technology, design, and innovation, Hendrickson continues […]