Indian Automobile Industry News & Updates - Components
Uttar Pradesh readies to become chip hub
Uttar Pradesh has identified semiconductors as a cornerstone of its future industrial growth and made the sector a clear strategic priority. The state has rolled out focused policies to strengthen electronics, system design and manufacturing, with the aim of building the entire value chain within the state – from design and fabrication to testing. Working in sync with the Centre’s India Semiconductor Mission, the state is focusing on land availability, world-class infrastructure, fast-track approvals and access to skilled talent. Established electronics manufacturing clusters in Noida and Greater Noida give the state a natural edge in attracting semiconductor investments.
ZF Group inaugurates electric park brake production line at Oragadam plant
ACMA welcomes RBI interest subvention for export credit
NBC Bearings to invest 30% in Ahamani India
Car makers slowly doing away with stepney
Shifting gears. Rane group looks for a resurgence
Exactly 35 years ago, in the January 1990 issue of a business magazine, this writer’s article had focused on the Chennai-based (then Madras) Rane group. Featuring vice chairman L Lakshman and his younger brother L Ganesh, later to be Chairman of the group, the article said: “The Madras-based Rane group wears its conservatism on its sleeve and wholeheartedly swears by its virtues, but that has not stopped it from approaching the ₹100 crore turnover mark!” If that was the extent of ambition then, today the Rane group — still admittedly conservative, and spearheaded by Lakshman’s son, Harish, the current Chairman, who took over from Ganesh — has seen revenues burgeon to ₹7,413 crore in FY24-25 (21 per cent from international markets), serving customers in over 30 countries, with eight business units and 31 manufacturing plants.
NBC Bearings to acquire 30% stake in Ahamani India
ACMA Automechanika 2026 to kick off from February 5-7 with 800 exhibitors from 19 countries
Auto component industry grows 6.8% in H1FY26; trade balance slips into deficit
The domestic auto component industry grew 6.8% year-on-year to $41.2 billion during the April–September period of FY26, according to industry body Automotive Component Manufacturers Association of India (ACMA).
Impact of US tariffs likely to be felt in H2 amid uncertainties over new contracts: ACMA
US tariffs unlikely to hit auto parts industry until FY27: ACMA
The Hindu Business Line
US auto firms hesitant to acquire parts from Indian manufacturers
Tariff risks keep long-term US auto parts orders away
German Chancellor Friedrich Merz visits Bosch Bengaluru Campus
Mexico duty hike to add cost pressures for auto component exporters: ACMA
Motherson acquires office space in Mumbai's BKC for ₹100 crore
The multinational automotive components manufacturer has bought three office units on the 13th floor of One BKC — a commercial building in Mumbai’s one of the busiest central business districts. The office spans an area of 6,986 square feet with a terrace of 122 square feet.
Germany’s BENTELER expands India manufacturing footprint, leases space in Pune
Auto component sector to gain from strong order pipeline, demand recovery post GST cut: Report
Sundaram-Clayton to sell 16.38 acres in Chennai to Prestige–Arihant JV for Rs 560 crore
Govt to rev up auto parts sector with Rs 5,000 crore push
The government is working on an incentive scheme of more than Rs 5,000 crore for the automobile component industry, aimed at scaling up domestic manufacturing and increasing the country’s share in the global automotive value chain, officials familiar with the matter told FE.
Balu Forge shares plunge 20%. Is the rout done or is more pain ahead?
Rs 11,000 crore alert: Why this ‘boring’ stock is undergoing a massive re-rating
For about half a century, if you walked into a workshop in Detroit or Stuttgart and picked up a heavy-duty crankshaft, chances are it was made by Bharat Forge. This Pune-based giant with a leadership position in the metal-bashers space, saw its fortunes rise and fall with the cyclical demand for American Class-8 trucks.
Motherson gets PLI nod – Rs 1,900 crore investment on the cards
The auto components major, Samvardhana Motherson International’s arm Motherson Electronic Components has secured incentives under the government’s production linked incentive scheme.
65% of ECMS proposals from TN show strong policy execution: TRB Rajaa
India boosts PCB, Li-ion cell and display module manufacturing under Electronics Component Manufacturing Scheme
Acquisitions, order book to drive growth for Samvardhana Motherson
In addition to better-than-expected September quarter results, rising trend of higher content per vehicle, market share gains and the recent acquisition have led to gains for the auto components major.
Partnr plans to nearly triple dark stores to 350–400 in two years
Govt extends safeguard duties on imports of steel products for 3 yrs to curb dumping
India's EV penetration hinges on securing raw materials, key components
RSB Group targets 50% renewable energy use, 45% emissions cut by 2030
Ramkrishna Forgings bulk deal: Morgan Stanley buys shares worth Rs 95 crore