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Auto Components

Timken India to buy ABC Bearings

Timken India, a subsidiary of the global auto component maker TimkenCompany has entered into a definitive agreement to acquire ABC Bearings . ABC Bearings manufactures tapered, cylindrical and spherical roller bearings and slewing rings. Richard G. Kyle, Timken president and chief executive officer, said, “Timken is a leader in the Indian bearing market and …

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France Ambassador inaugurates Michelin India R&D centre in Haryana

Alexandre Ziegler, Ambassador of France to India, has inaugurated Michelin India’s Research and Development Laboratory in Manesar, Haryana. After inaugurating the facility, Ambassador Alexandre Ziegler said,  “Our vibrant economic partnership with India is boosted by France’s leading companies such as Michelin which actively contribute to “Make in India” and bring …

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Pricol Limited net profit up 41.1 % in Q4’ 17


India-based auto component manufacturer Pricol Limited   reported 41.1 percent year-on-year growth to Rs 624.38 million in its net profit in the fourth quarter of the financial year 2016-17. The company claimed the growth in the bottomline  is an outcome of efforts taken towards productivity improvement and cost saving. Standalone revenues …

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Automechanika Kuala Lumpur 2017 records 5,677 visitors

Automechanika Kuala Lumpur 2017

Automechanika Kuala Lumpur 2917, the 10th edition in the series, witnessed 5,677 visitors from 71 countries and regions. Held during March 23 – 25, 2017 at the Kuala Lumpur Convention Centre, Malaysia’s leading regional trade fair for the automotive service industry welcomed 246 exhibitors from 18 countries.   According to Deputy General Manager of …

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