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Indian Auto Component Industry Turnover To Reach INR 10,681 Billion In FY2027, Clock 8-9% Growth Says CareEdge Ratings
August 13, 2026
Geopolitical issues, freight rate fluctuations, and trade policies remain factors for export performance. The US represents the largest export destination, taking approximately 26 percent of Indian auto component exports, valued at INR 552 billion in FY20
MT Bureau
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BorgWarner Secures Major VCT Programme Awards In Europe And China
August 11, 2026
BorgWarner has broadened its variable cam timing portfolio through two newly secured contracts in Europe and China, reinforcing its position in the hybrid and internal combustion engine sectors. One agreement extends production and raises output volumes f
MT Bureau
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Bosch Q1FY27 Net Profit Drops, Revenue Is Up
August 11, 2026
MT Bureau
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IndiaRF Acquires Majority Stake In Ashok Iron Works’ Casting And Machining Business
August 07, 2026
Founded in 1974, the Belagavi, Karnataka-based Ashok Iron Works Group manufactures machined iron castings. The company operates four foundries with an annual capacity of 144,000 metric tonnes and seven machine shops capable of producing 600,000 parts per
MT Bureau
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Uno Minda Net Profit Rises To INR 2.96 Billion In Q1 FY2027
August 04, 2026
This company witnessed growth across its core product offerings, including switches, lighting, alloy wheels, seating, as well as its new-age EV systems and alternate fuel divisions.
MT Bureau
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BorgWarner Secures Inverter Program Extensions With European OEM
August 04, 2026
Under the agreement, BorgWarner will supply updated high-voltage inverters for plug-in hybrid vehicles incorporating its Application-Specific Integrated Circuit (ASIC) technology, configured to interface with the OEM's vehicle operating system.
MT Bureau
