Ferron Tubes Sees Precision Tubes Driving Growth in India’s Automotive Sector
The precision steel tube market is rising on the charts of the tube and pipe industry, with its applications spread across sectors. Having grown nearly 20 times since its inception, Ferron Tubes Pvt. Ltd. is a manufacturer of precision ERW steel tubes with a production capacity of 50,000 MTPA. In an exclusive interaction with Tube […]
Coil Processing Solutions Provider FIMIGroup Acquires FRANCI Srl for EUR 7.5 Million
FIMIGroup acquired 60 workplaces and an industrial site measuring more than 10,000 sq m of FRANCI Srl for EUR 7.5 million. Mar 15, 2024 Leading global coil processing solutions provider FIMIGroup has announced the acquisition of FRANCI Srl, an Italian company founded in 1955, leader in the field of design and construction of dies and […]
Auto Component Industry to Invest USD 6.5 Billion in Next 5 Years, Indian Automotive Sector to Reach Global No. 3 Rank by 2030
The Indian automotive industry is expected to reach USD 300 billion by 2026; two-wheelers and passenger cars dominate the industry, accounting for 76 percent and 17.4 percent. Mar 15, 2024 Future looks promising for the Indian auto component industry, which is looking at an investment of around USD 6.5 to 7 billion over the next […]
