AUTO Pricol To Demerge Driver Information Business Into New Co Pricol Autotech

Pricol Ltd, a leading automotive technology and precision engineering products and solutions company, has approved the demerger of its Driver Information & Connected Vehicle Solutions (DICVS) business into Pricol Autotech Ltd, creating two independent listed business platforms. Following the demerger, Pricol will focus on its Actuation, Control & Fluid Management Systems (ACFMS) and Pricol Precision […]

CW Bureau · Jun 27, 2026

AUTO DRiV Appoints MS Dhoni As First-Ever Brand Ambassador For India Market

DRiV, the dedicated aftermarket business group of Tenneco, has appointed cricket legend Mahendra Singh Dhoni as its first-ever national brand ambassador as the company looks to strengthen its presence in India’s fast-growing automotive aftermarket. The partnership marks DRiV’s inaugural association with a celebrity ambassador and underscores the strategic importance of the Indian market for the […]

CW Bureau · Jun 26, 2026

AUTO Pricol Sees Earnings Pressure Amid Rising Commodity, Logistics Costs

Pricol Ltd, a leading automotive technology and precision-engineered components manufacturer, will continue with its planned investments, technology development and capacity expansion despite mounting geopolitical and commodity-related pressures impacting the automotive sector globally. The Coimbatore-based firm will remain focused on its medium- and long-term growth strategy and will not scale back critical capital expenditure or research […]

CW Bureau · May 19, 2026

AUTO Wheels India Q4 Net Profit Rises 44% On Strong Domestic Demand, Exports

Wheels India Ltd, one of the largest steel wheel manufacturers in the world, reported a 44% rise in standalone net profit for the March quarter at ₹52 crore compared with the year-ago period, supported by strong domestic demand and export growth. Total income during the quarter increased 23% to ₹1,471 crore. The board recommended a […]

CW Bureau · May 15, 2026

MANUFACTURING Pricol Makes Top Level Changes; Vikram Mohan Named Chairman

Pricol Ltd, the Coimbatore-based auto components manufacturer, announced a leadership transition with Chairman Vanitha Mohan stepping down from the role. The board appointed Vikram Mohan as Chairman, while Madhura Mohan was inducted as Executive Director and Siddharth Manoharan as Group Executive Director. Both Vikram and Madhura are related to Vanitha Mohan The company also approved […]

CW Bureau · May 14, 2026

AUTO Sundram Fasteners Reports Record Q4 Net Profit And Income For FY26

Sundram Fasteners Ltd (SFL) has reported its highest-ever standalone net profit and total income for the March quarter of FY26 at ₹180 crore and ₹1,529 crore respectively, registering a growth of 34% and 12% over the year-ago period, driven by robust domestic demand and improved efficiencies. Domestic sales grew 14% to ₹1,029 crore, while exports […]

CW Bureau · May 1, 2026

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