Pricol To Acquire Sundaram Auto Components’ Injection Moulding Business For INR 2.1 Billion

Pricol

Coimbatore-headquartered automotive component supplier Pricol is looking to acquire Sundaram Auto Components’ injection moulding business through Pricol Precision Products for INR 2.15 billion. The company expects this move to add INR 7.3 billion to its topline revenue.

At present, Sundaram Auto Components operates six manufacturing facilities across India. The acquisition will enable Pricol to expand its customer base and product offerings.

Vikram Mohan, MD, Pricol, said, “I express immense pride in welcoming the talented team at SACL into the Pricol family. With this acquisition, our focus will remain on harnessing the combined potential of Pricol and SACL, to become an integrated solution player, driving innovation, and delivering sustainable growth. SACL’s expertise and value systems perfectly align with our vision and core values which will enable us to meet the demands of our customers. This acquisition is a significant step towards realizing our commitment to a sustainable and transformative growth.”

K Gopala Desikan, Group CFO, TVS Motor Company, said, “SACL has played a vital role in the TVS group for many years, establishing a significant presence in the Indian automotive component industry. As market dynamics evolve, and we allocate capital more efficiently in accordance with our strategic plans, we are delighted that Pricol, our trusted long-term supplier partner, is taking over the business. We are confident that they will uphold the same values and ethos, ensuring a smooth transition and continued growth.”

Siddharth Manoharan, Group Director of Strategy, Pricol, added, “With the acquisition of SACL’s injection moulding business, Pricol makes a strategic move towards solidifying its long term vision of strengthening and expanding its leadership position in the Automotive Industry. Through focussed and well-defined products and solution offerings, we aim to redefine industry standards with clear roadmap for growth whilst creating lasting value for all of our stakeholders.”

ZF Announces Changes To Supervisory Structure, Andreas Moser To Head India Region

Andreas Moser

German tier 1 supplier ZF’s Supervisory Board has announced changes to the leadership team, with Andreas Moser, the previous head of the Industrial Technology division, appointed to the Board of Management.

Effective 1 November 2025, he will be responsible for the Commercial Vehicle Solutions and Industrial Technology Divisions and the India Region. He has been with ZF for over three decades.

Sebastian Schmitt has been appointed head of the Electrified Powertrain Technology (E) division, which handles the company's conventional, hybrid and electric passenger-car drivetrain technologies. He currently leads the Electrified Powertrain Systems product line. CEO Mathias Miedreich retains Board of Management responsibility for the E division.

Dr. Rolf Breidenbach, Chairman, ZF Supervisory Board, said, “Following the changes to the Board of Management, it was important for the Supervisory Board to create clarity in the Group’s management. In Andreas Moser, we’ve found a Board member who has been with ZF for more than 30 years, many of them in management positions in ZF’s Commercial Vehicle Solutions and Industrial Technology divisions. This means competence and continuity. We’ve thus succeeded in setting up ZF’s management committee within a very short time so that the Group’s current challenges can be mastered.”

Mathias Miedreich, noted, “With this new Management Board, we have a strong and highly competent leadership team that will successfully guide ZF into the future.”

To drive the company’s realignment, the Group Board of Management will be reduced from six to five members. ZF is also establishing a Transformation Committee, a body that links key business areas – sales, materials management, production and strategy –directly with the Board. This team will manage the group-wide performance programme.

Miedreich, emphasised, “Our entire focus in the coming years will be on strengthening ZF’s operations, further increasing profitability and consistently expanding our financial stability. The new Transformation Committee stands for speed, clarity and impact – with the clearly defined objective of supporting our customers through forward-looking technologies and reliable partnerships.”

Avinash Chintawar

Pune-headquartered automotive supplier Varroc has appointed Avinash Chintawar as its new Chief Operating Officer (COO) for Business I, effective 15 October 2025. He will report to Arjun Jain, Whole Time Director & CEO – Business I.

In his new role, Chintawar will oversee the Operations Vertical within Business I, with a focus on strengthening efficiencies and performance.

Prior to joining, Varroc, Chintawar served as Managing Director of Bosch Chassis Systems India and as Chairman of Bosch India Foundation. He previously held leadership positions within the Bosch Group, including Director of Operations at Robert Bosch Bamberg (Germany) and Managing Director at Bosch Electrical Drives India. He holds a Bachelor of Engineering from Visvesvaraya National Institute of Technology.

Jain, said, “We are delighted to welcome Avinash to the Varroc leadership team. His extensive experience and deep understanding of achieving operational excellence align perfectly with our needs as we drive the next phase of our growth. I am confident that under his leadership our operation will scale new heights of efficiency and sustainability.”

Chintawar, said, “I am excited to join Varroc at a time when the industry is undergoing such dynamic change. I look forward to working closely with the team to enhance operational excellence and contribute to its vision of sustainable and future-ready growth.”

ZF Group Bags Order To Supply Heavy-Duty Clutch Systems To CV Major In India

ZF Clutch Systems

German tier 1 supplier ZF Group has secured a significant contract to supply its 430mm heavy-duty clutch systems to one of India’s leading commercial vehicle manufacturers.

The clutch systems, the company shared, is custom-engineered and manufactured locally, specifically adapted to meet the rigorous demands of Indian operating conditions and will power the OEM's higher horsepower engine platforms for both domestic and select export models.

The agreement, signed in May 2025, involves the supply of several thousand units, with the Start of Production (SOP) scheduled for mid-2026. The clutches will be produced at ZF's Chakan plant in Pune, reinforcing the Group's strategy to strengthen its regional manufacturing capabilities and commitment to localisation in India.

The new clutch system is designed for robust performance and features advanced lining materials that promise up to 20 percent longer clutch life, aiming to reduce maintenance costs and optimise the total cost of ownership for fleet operators. It is also designed to be compatible with both Manual Transmission (MT) and Automated Manual Transmission (AMT) systems.

Akash Passey, President - Region India, ZF Group, said, “ZF’s strategic focus on localisation and innovation for the Indian market, is reconfirmed with this business win. With our globally proven technological expertise and leveraging the strong local manufacturing footprint in India, our customers can access advanced technologies that meet global standards while being tailored for their markets. This win highlights our commitment to strengthening India’s role as a key hub in ZF’s commercial vehicles business.”

Paramjit Singh Chadha, Senior Vice President - CVS Division (India), ZF Group, said, “This business win is a strong endorsement of our advanced heavy-duty clutch technology which perfectly addresses the demanding operating conditions in India. This 430mm clutch system offers superior durability, optimised performance and compatibility with future-ready driveline architectures, including AMT. By localising production at our Chakan facility, we reinforce our commitment to the ‘Make in India’ vision and supporting our customers’ growth ambitions for both domestic and export markets.”

OPmobility Targets To Double Sales In India, Opens New Plant In Pune

OPMobility

French automotive component supplier OPmobility is accelerating its growth in India, with the strategic goal of more than doubling its sales by 2030.

The Group recently inaugurated its new facility Badhalwadi, Maharashtra and has commenced construction of another plant in Kharkhoda, Haryana. It already operates five plants in the country, is strengthening both its production footprint and its engineering and digital capabilities.

OPmobility is structured into four complementary business groups: exterior and lighting systems, complex modules, energy storage systems and battery and hydrogen electrification solutions, allowing it to offer a comprehensive range of mobility solutions. The company is a significant global player, reporting an economic revenue of EUR 11.6 billion in 2024. To meet the challenges of sustainable mobility, OPmobility relies on its 38,900 employees operating across a vast network of 150 plants and 40 R&D centres worldwide.

The Badhalwadi site is OPmobility’s first in India to integrate production capacities for both exterior systems and energy storage systems in one location. Furthermore, the facility is equipped with solar panels that supply 35 percent of its energy needs and predominantly employs women.

The Kharkhoda plant, which broke ground in August 2025, will focus on producing energy storage systems and is scheduled to begin operations in early 2026. This expansion comes as India's vehicle output is forecast to grow by an average of per year between 2025 and 2030. Currently, over one in three vehicles sold in India is equipped with OPmobility components.

Beyond manufacturing, OPmobility is boosting its engineering and digital presence to meet growing demand from both local and global customers. This includes operating four R&D centres that support both the Indian business and worldwide markets. The Group has also established an OP’nSoft software centre in Bengaluru, Karnataka, to enhance its dedicated software entity.

Laurent Favre, Chief Executive Officer, OPmobility, said, "India is a strategic country for OPmobility, with a fast-growing automotive industry and as a platform of skilled workforce. Having developed strong historical partnerships with international and Indian automotive manufacturers, who benefit from a dynamic domestic and international demand, the Group aims at more than doubling its sales in the country by 2030. This will notably contribute to one of the pillars of our strategy, which is the geographical diversification of our sales. The reinforcement of our engineering, digital and software capacities in the country allows us to improve our overall competitiveness in engineering in all our countries and to continue to enhance our performance.”