AUTO
Bosch To Buy 100% Stake In Bosch Chassis Systems India For ₹9,069 Cr
Bosch Ltd, the flagship company of the Bosch Group in India, said it plans to acquire 100% stake in Bosch Chassis Systems India Pvt Ltd (RBIC) from Robert Bosch Investment Nederland B.V (RBNI) and Robert Bosch LLC for a total consideration of ₹9,068.68 crore. A share purchase agreement will be executed among Bosch, RBNI, Robert […]
CW Bureau
·
Apr 8, 2026
AUTO
India Nippon Electricals Outlines Six-pronged Future Growth Strategies
India Nippon Electricals Ltd (INEL) has outlined six focus areas as part of its future growth strategy, centred on expanding its core business and building capabilities in emerging technologies. The company, a manufacturer of electronic ignition systems for electric vehicles, two-wheelers, three-wheelers and portable engines, operates three manufacturing facilities and a technology centre across Tamil […]
CW Bureau
·
Mar 18, 2026
AUTO
SAMIL Arm Acquires Controlling Stake In Yutaka Giken, Shinnichi
Auto parts maker Samvardhana Motherson International Ltd (SAMIL), through its indirect wholly owned subsidiary Motherson Global Investments B.V. (MGI BV), has acquired an 81% stake in Yutaka Giken Co. Ltd. (YGCL) and an 11% stake in Shinnichi Kogyo Co. Ltd. YGCL, listed on the Tokyo Stock Exchange, manufactures metal components and assemblies such as rotors […]
CW Bureau
·
Mar 17, 2026
AUTO
Minda Corp Arm, Turntide Form JV To Develop EV Powertrain Solutions
Spark Minda Green Mobility Systems Pvt Ltd (SMGM) has signed a joint venture agreement with Turntide Technologies to develop and manufacture next-generation powertrain solutions for the electric vehicle industry. Under the agreement, SMGM, the wholly owned subsidiary of Minda Corporation Ltd, will hold a 49% in the new venture, while the UK-based Turntide will own […]
CW Bureau
·
Mar 10, 2026
MANUFACTURING
MM Forgings Eyes 20% Growth In FY27 On Strong Order Book
Chennai-based MM Forgings Ltd is optimistic about a strong rebound in growth, projecting around 20% revenue expansion in the next fiscal, driven by robust demand from the U.S. and domestic commercial vehicle markets, along with recent capacity additions. Chairman and Managing Director Vidyashankar Krishnan said during an earnings call that the company is well positioned […]
CW Bureau
·
Mar 9, 2026