Mumbai: Denso India (Manufacturer) Denso Corporation, a subsidiary of Japan’s leading automotive components company, is targeting revenues of Rs. 500 crore by FY 2018. “We are targeting a sales revenue of Rs 500 crore by 2017-18. Last year, we had sales of Rs 35 billion. However, I would like to add that this was the revenue for the financial year 2010,” Tako Nojiri said. PTI, “The domestic automobile industry is growing rapidly. The company, which is the largest supplier of components to domestic automakers such as Maruti, Toyota, Honda, Hyundai and Tata, expects sales to grow by 9% in 2020, he said. This Japanese conglomerate 32 entered India a few years ago and currently has nine and seven manufacturing plants in one company, employing more than 40,000 people. The company holds more than 60% of the domestic auto parts market share, and supplies parts to large automakers and railroad companies. When asked about capital expenditure plans to achieve higher gr...

NEW DELHI: Ford Motor Co. is exploring the dimensions of an all-in-one machine, becoming the first company to test Stratasysys’ Infinite Build 3D printers carmakers can print car spoilers and other automotive parts for prototyping and future vehicle production. Stratasys Infinite Build The system can print automotive parts of virtually any shape or length, which could be a breakthrough for automotive manufacturing and provide a more efficient and cheaper way to produce small batches of molds, prototype parts or assemblies. Ford performance vehicles or customized automotive parts. Ellen Technology Leader Ford Additive Manufacturing Research Lee “With Infinitetet” Build technology, we can now print large format tools, fixtures, and components, giving us more flexibility in design iterations.” “We are excited to use Stratasys soon. an emerging technology that will help guide the development of automotive applications and large-scale printing. ‘ The new...

NEW DELHI: Automotive components giant Motherson Sumi Systems Ltd (MSSL) on Monday acquired Finnish wiring harness maker PKC Group Plc for 5.71 about 4.15 crore euros 1 crore rupees), which could set the stage for the company’s participation. They announced that they are ready for it. The modernization of Indian Railways presents an opportunity. Pankajajaj Mital “This acquisition will be our first foray into the locomotive sector with its international customers interested in the Indian Railways modernization program.” Officials. MSSL.’ Vivek Chaand Sehgal, Chairman of the Company “This is in line with our policy and will create higher value for all stakeholders, including investors.” PKC has 20 manufacturing plants in Russia, Lithuania, Russia, Malaysia, India and Malaysia. Serbia, Poland, Estonia, Finland, China, the United States, Brazil, and Mexico. Gauba, CFO of MSSL GN “After the acquisition, the wiring harness business will generate rev...