AUTO
Wheels India Q1 Net Profit Rises 42% To ₹37 Cr, Revenue Hits ₹1,386 Cr
Auto components manufacturer Wheels India Ltd reported a strong performance for the first quarter of FY2026-27, with net profit rising 42% year-on-year on the back of healthy growth in domestic demand and exports, despite facing inflationary pressures on raw material costs. The Chennai-based company posted a net profit of ₹37 crore for the quarter ended […]
CW Bureau
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Jul 28, 2026
AUTO
India Nippon Electricals Multi-Year Strategy Focuses On Electronics, EV
India Nippon Electricals Ltd. (INEL) has outlined a multi-year strategy centred on expanding its electronics and electric vehicle (EV) business, strengthening exports and improving operational efficiency. INEL’s strategic roadmap is built around five priorities — strengthening its leadership in core products, accelerating growth in electronics and EV-related technologies, expanding exports and the aftermarket business, improving […]
CW Bureau
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Jul 9, 2026
AUTO
Uno Minda, TACHI-S To Build ₹320-Cr Seating Systems Unit In Maharashtra
Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has announced its entry into the four-wheeler passenger vehicle seating systems segment with plans to invest around ₹320 crore in a new manufacturing facility in Maharashtra. The company’s board has approved the establishment of a state-of-the-art greenfield plant in Chhatrapati Sambhajinagar (formerly […]
CW Bureau
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Jul 7, 2026
AUTO
NBC Bearings Expands Aftermarket Portfolio With New Range Of Parts
NBC Bearings, a leading bearing manufacturer and mobility solutions brand under the CKA Birla Group, has expanded its presence in the automotive aftermarket with the launch of a comprehensive range of automotive parts, marking a significant step in the company’s diversification strategy. The new portfolio extends beyond the company’s traditional bearings business and includes products […]
CW Bureau
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Jul 6, 2026
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
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Jun 30, 2026
MANUFACTURING
Raymond Starts Second Century With Demerger-Led Transformation
Raymond Ltd, has entered its second century with a transformed corporate structure following the demerger of its three independently listed entities as Lifestyle, Real Estate and Engineering businesses. It is a move that the flagship company of the Raymond Group describes it as the most consequential strategic decision in its recent history. The restructuring is […]
CW Bureau
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Jun 23, 2026
AUTO
Force Motors Rolls Out 200,000th Mercedes Engine From Pune Plant
Force Motors Ltd has achieved a major manufacturing milestone with the rollout of the 200,000th Mercedes-Benz engine from its engine manufacturing facility in Chakan, Pune, reinforcing a partnership that has spanned more than five decades. The milestone highlights the long-standing collaboration between Force Motors and Mercedes-Benz in India and underscores their shared commitment to engineering […]
CW Bureau
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Jun 17, 2026
AUTO
PPAP Partners Hutchinson To Make Automotive Body Sealing Systems
PPAP Automotive Ltd., a manufacturer of automotive sealing systems and interior and exterior automotive components, has entered into a technology partnership agreement with Hutchinson to manufacture advanced body sealing systems in India for the passenger vehicle segment. The collaboration is expected to strengthen PPAP’s technological capabilities and expand its automotive body sealing systems portfolio, enabling […]
CW Bureau
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Jun 10, 2026
AUTO
Musashi India Signs Pact With Kinetic Green For EV Powertrain Supply
Musashi India Pvt Ltd, an automotive components and EV systems manufacturer and subsidiary of Japan’s Musashi Seimitsu Industry Co Ltd, has entered into a Letter of Intent with Kinetic Green Energy and Power Solutions Ltd to supply integrated electric powertrain systems for the latter’s upcoming electric two-wheeler platform. Under the agreement, Musashi India will supply […]
CW Bureau
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May 21, 2026
AUTO
ASK Automotive Q4 PAT Rises 24% To ₹72 Cr On Strong Revenue Growth
ASK Automotive Ltd, India’s largest manufacturer of brake shoes and advanced braking systems for two-wheelers, reported a consolidated profit after tax (PAT) of ₹72 crore for the fourth quarter of FY26, registering a 24.2% year-on-year growth compared to ₹58 crore in the corresponding quarter of the previous fiscal. The company’s consolidated revenue for the quarter […]
CW Bureau
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May 19, 2026
AUTO
Uno Minda Plans ₹2,500-Cr Fund Raise, Fresh Investments In Arms
Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has received board approval to raise up to ₹2,500 crore and increase investments in subsidiaries to support long-term growth and rising customer demand. The company said the proposed fund raising would be undertaken, as and when required, in one or more tranches […]
CW Bureau
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May 17, 2026
AUTO
Uno Minda PAT Rises 22% To ₹326 Cr In Q4, Registers ₹5,336 Cr Revenue
Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, reported a consolidated revenue of ₹5,336 crore for the March quarter of FY26, registering an 18% increase compared with ₹4,528 crore in the corresponding quarter last fiscal, driven by volume expansion and higher adoption of value-added automotive features. The company’s EBITDA for […]
CW Bureau
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May 16, 2026