Rane (Madras) Limited has signed an agreement to acquire Hindustan Composites’ friction business for ₹370 crore. The deal includes the COMPO brand, two manufacturing plants in Maharashtra and is expected to create a ₹1,000+ crore friction solutions platform.

India's newest new energy vehicle challenger, JSW Motors Limited, took a decisive step toward building a homegrown EV ecosystem on 29 March 2026 — hosting the country's most ambitious supplier alignment event in the automotive industry's transition to clean mobility. In association with the Automotive Component Manufacturers Association of India (ACMA), JSW Motors hosted its inaugural Supplier Partner Conference & Tech Show at its state-of-the-art manufacturing campus in Bidk