Auto OEMs sceptical on PLI payments
Their scepticism comes even as the ministry of heavy industries (MHI) is keen to start disbursing incentives under the ₹45,000 crore scheme on a quarterly basis.
Source: livemint.com
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Top News In Auto Components Today - Breaking & Trending Today
Women Shaping Manufacturing: 500% Surge In Apprenticeship Demand, Says Report
The demand for female apprentices surges in the male-dominated workforce manufacturing sector
Source: news18.com
India's MRF reports five-fold jump in Q1 profit on cooling rubber prices, higher demand, ET Auto
Mrf: Tyre companies reaped the benefits of a fall in rubber prices, a key raw material for the industry, with prices having fallen by 20%-25% over the last year through May, according to HDFC Securities.
Source: indiatimes.com
A Look At The Fair Value Of Standard Motor Products, Inc. (NYSE:SMP)
Key Insights The projected fair value for Standard Motor Products is US$34.76 based on 2 Stage Free Cash Flow to Equity...
Source: yahoo.com
ACC Battery Plant In America: European battery maker ACC in 'exploratory' talks about N. American battery plant, ET Auto
ACC Battery Plant In America: The federal and provincial government lobby registry showed that the talks have terminated. According to a person familiar with ACC's thinking, the discussions are still under way, "but they may be complicated in the light of what happened between Stellantis and LG and the Canadian government."
Source: indiatimes.com