Tag: auto component industry
MANUFACTURING Rane (Madras) Buys HCL’s Friction Business In A Slump Deal Of ₹370 Cr

Rane (Madras) Ltd (RML) has signed an agreement to acquire the friction business of Hindustan Composites Ltd (HCL) on a slump sale basis for an enterprise value of ₹370 crore, a move that will significantly strengthen its presence in India’s friction materials market. The acquisition will combine two established businesses to create a friction solutions […]

CW Bureau · Jun 30, 2026
AUTO JSW Motors Hosts First Supplier Meet To Build Ecosystem Of EV Vendors

JSW Motors Ltd has taken a major step in shaping its supplier ecosystem by hosting its first-ever supplier partner conference & tech show, in collaboration with Automotive Component Manufacturers Association of India (ACMA), at its manufacturing facility in Bidkin, Chhatrapati Sambhajinagar. The event brought together senior leadership from strategic supplier partners, industry stakeholders, and internal […]

CW Bureau · Apr 29, 2026