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  Extended lockdown in China may affect the domestic auto industry
The operations of domestic automobile manufacturers may get further impacted if the lockdown in several cities of China, including Shanghai, to check Covid-19 infections gets prolonged.

  Bharat Forge to acquire JS Autocast
The auto component maker Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited announced 100% acquisition of Coimbatore-based JS Autocast Foundry India Private Limited.

  Ukraine crisis may hamper global auto industry
Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.

  Adani, Ballard ink pact for JV for hydrogen fuel cells
The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.

  SEMIKRON, Danfoss tie up to develop power electronics
SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.

Editor's Desk

Pratap Padode / Managing Director

Auto in reverse gear due to Covid 19
To fight novel coronavirus disease (Covid 2019), the government ordered a 21-day nation-wide lockdown, starting March 25.


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