Key Developments

In April 2021, Jaya Hind Industries a tool manufacturing industry, prolonged its technical collaboration with KS Huayu AlutechGmbH (KSATAG) a automotive system manufacturer, for the production of automotive cylinder blocks and cylinder heads until 2027. Furthermore, the agreement now encompasses new parts from Sunrise Industries, including components for electric vehicles and structural parts for chassis.
In March 2021, Sandhar Technologies a manufacturer of automotive components entered a non-binding Memorandum of Understanding (MoU) with Unicast Autotech a Machinery Manufacturer to acquire its aluminum die-casting business
In 2021, Foryou Corporation (Foryou) supplier of automotive electronics, showcased a variety of die-casted aluminum engine components, new energy drive components, and smart key components at the Auto Shanghai 2021 exhibition
In February 2021, Endurance Technologies auto component manufacturer, announced the initiation of commercial operations at its new facility in Kancheepuram, Tamil Nadu, India, focusing on the manufacturing of aluminum die-castings and integration of disc brake components for both two and four-wheelers