Deep C Anand, Founder of Anand Group Is No More
- By MT Bureau
- October 28, 2024
The Anand Group, a key player in the Indian auto components space, has announced the passing away of its Founder and Chief Mentor Deep C Anand on 25 October 2024 at the age of 91.
The final prayers were held on 27 October 2024 at the company head office in Hauz Khas, Delhi.
Established in 1961 as a small enterprise, the Anand Group has grown to operate automotive component companies across India in strategic collaboration with some of the best global automobile suppliers.
An alumnus of Bishop Cotton School in Shimla, Anand did his mechanical engineering from Chippenham College of Technology, UK. He began his stint in the auto sector as a plant manager in 1954 with Mahindra & Mahindra in Mumbai.
His first enterprise Gabriel was established in collaboration with Maremount Corporation of USA at the age of 27.
Starting with the manufacture of shock absorbers thus, Anand went to establish a model of successful partnerships with many other global tier 1 suppliers to expand his group’s involvement in the Indian auto sector.
Present in the hospitality sector other than the auto sector, the Anand Group recorded a revenue of INR 23,320 million in FY2021-22 as a publicly listed company.
- Mannol
- Euro 7
- European Automobile Manufacturers Association
- American Petroleum Institute
- International Lubricant Standardization and Approval Committee
- Molibden Ultra
- Legend
- Konstantin Gaab
- SCT Vertriebs
Mannol Highlights Role Of Advanced Lubricants For Euro 7 Emissions Standards
- By MT Bureau
- October 21, 2026
German lubricant manufacturer Mannol has stated that the introduction of European Euro 7 emissions regulations will increase the technical demands placed on engine oil durability and exhaust aftertreatment compatibility.
Scheduled to take effect for new vehicle types in categories M1 and N1 starting 29 November 2026, the Euro 7 framework extends regulatory oversight to particulate emissions from braking systems and minimum durability requirements for traction batteries, alongside stricter monitoring of tailpipe emissions over extended vehicle lifespans.
Because the standard mandates compliance over an eight-year or 160,000-kilometre period, the long-term stability of engine components and lubricants becomes critical to preventing deposit accumulation and catalyst fouling.
Mannol notes that specifications established by organizations such as the European Automobile Manufacturers Association, the American Petroleum Institute and the International Lubricant Standardization and Approval Committee provide the technical framework for lubricant selection. low- and mid-SAPS formulations limit sulphated ash, phosphorus and sulphur content to protect particulate filters and catalytic converters, while lower high-temperature high-shear viscosities reduce hydrodynamic friction losses in modern powertrains.
The company offers specialised products within its portfolio, including the Molibden Ultra 5W-30 formulation combining ACEA C2 and C3 with API SQ and ILSAC GF-7A standards, the Legend Formula C5 0W-20 for low-viscosity manufacturer approvals, and the Hybrid SP 0W-16 developed for hybrid powertrains and thermal cycling conditions.
Konstantin Gaab, Managing Director of SCT Vertriebs, said, "From our perspective, Euro 7 is not merely a further development of emissions legislation, but above all a signal that modern vehicles will need to meet increasingly stringent requirements for long-term technical durability. The challenge for the lubricant industry is to further reduce friction losses and, consequently, energy consumption without compromising wear protection or the performance of exhaust aftertreatment systems. Modern performance standards such as ACEA C5, C6 and C7, as well as API SQ and ILSAC GF-7, provide the industry with an important technical foundation. The key will be to translate these requirements into high-performance formulations tailored to specific engine designs. Our existing MANNOL portfolio already supports a range of modern powertrain technologies. At the same time, we regard the continuous development of our lubricants as essential to meeting the future requirements of vehicle manufacturers. Our aim is not simply to respond to regulatory changes, but to understand their technical implications at an early stage and incorporate them into the ongoing development of our product portfolio."
Varroc Engineering, Forsee Power Form JV For Indian EV Battery Market
- By MT Bureau
- October 16, 2026
Pune-headquartered automotive component supplier Varroc Engineering and French battery system manufacturer Forsee Power have joined forces to produce electric vehicle battery packs in India.
Under the terms of the transaction, Varroc will acquire a 45 percent equity stake in Forsee Power's Indian subsidiary, Forsee Power India and will assume management and operational control of the entity.
Varroc will also subscribe to Optionally Convertible Redeemable Preference Shares to provide growth capital for the joint venture, subject to regulatory and corporate approvals. The joint venture will initially focus on battery pack development for three-wheeled electric vehicles, before expanding into two-wheelers, light commercial vehicles, buses, trucks and industrial equipment.
The agreement combines Forsee Power's battery system architecture and software with Varroc's component manufacturing, engineering infrastructure and vehicle manufacturer supply relationships across domestic assembly operations.
Arjun Jain, Whole Time Director and CEO – Business I, Varroc, said, "Electric mobility is both evolving and growing rapidly, thus creating new opportunities and new requirements for the automotive industry. Through this evolution we believe OEMs will need partners who can anticipate changes and translate them into reliable, cost-effective solutions at scale. Our partnership with Forsee Power brings together complementary strengths in battery-system technology, automotive engineering, manufacturing and customer relationships. It represents an important step in expanding Varroc’s portfolio to address the evolving needs of our market and the future of mobility. This will further enhance addressable content per electric vehicle in all the segment."
Christophe Gurtner, Chairman and CEO, Forsee Power, said, "With the rapid growth of electric mobility adoption in India, the opportunity is clear and we are ready to scale. Joining forces with Varroc combines our battery technology with local industrial strength and customer access. Three-wheelers are our starting point, with a clear ambition to expand across two-wheeler, commercial and industrial vehicles."
AUMOVIO To Debut MK 120 MAB Brake System At EICMA 2026
- By MT Bureau
- October 14, 2026
German technology company AUMOVIO will showcase a portfolio of braking, rider assistance and connectivity solutions for motorcycles and powersports vehicles at EICMA 2026 in Milan, scheduled from 3 to 8 November 2026.
The company's showcase centres on the launch of the MK 120 MAB brake system, which extends AUMOVIO's braking product line beyond two-wheeled applications. The system is engineered for three-wheeled scooters, side-by-side vehicles, utility terrain vehicles and all-terrain vehicles.
It integrates vehicle stability functions derived from passenger car and motorcycle architectures, including active yaw control and wheel lift mitigation, to assist vehicle control across varied terrain.
In addition to the MK 120 MAB, AUMOVIO will display its Motorcycle ABS 2.3 Base unit featuring an optional inertial measurement unit, alongside the MiniMAB EVO system designed for small-displacement scooters and commuters.
The company's display also features radar sensors for adaptive cruise control and blind-spot detection, digital instrument clusters ranging from 4 to 8.8 inches, a standalone Connected Infotainment Box and automated manual transmission control units.
The hardware, software and electronic systems on display utilise automotive development, cybersecurity and production standards adapted to motorcycle and powersports operational environments.
Eastman Auto & Power Appoints Rajesh Jindal As Chief Executive Officer
- By MT Bureau
- October 12, 2026
Auto component manufacturer Eastman Auto and Power has appointed Rajesh Jindal as Chief Executive Officer.
He comes with over 34 years of corporate experience spanning sales, marketing and product management, following a 24-year tenure at Amara Raja Energy and Mobility, where he most recently served as Chief Marketing Officer for automotive batteries in India.
Jindal holds a bachelor's degree in mechanical engineering alongside a Master of Business Administration qualification. During his career, he has managed distribution networks, channel partner relations and go-to-market strategies within the energy storage and automotive component sectors.
Shekhar Singal, MD, Eastman Auto and Power, said, "With over 34 years of experience, Jindal has garnered experience in sales, marketing and product development and is well-positioned to accelerate Eastman’s growth journey. As he begins this new chapter at Eastman, we look forward to his leadership in deepening our commitment for delivering sustainable value for our customers, partners, employees and stakeholders - advancing the company's long-term growth aspirations and inspiring the organisation to achieve new milestones together."
Established in 2000, Eastman Auto and Power operates across three business verticals: last-mile electric mobility solutions, residential solar storage systems and energy storage solutions.
The company employs over 3,600 personnel across seven manufacturing plants in India, supported by a distribution network of more than 1,200 direct partners and over 400 original equipment manufacturer clients worldwide.

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