Wednesday, February 5, 2025

Component companies stay on road to Mexico despite tariff fears

Indian auto parts makers with operations in Mexico are cautiously continuing expansion plans despite US tariff uncertainties. Major firms like Ramkrishna Forgings and RSB Group remain on track with their investments but consider potential future disruptions. The US government's temporary pause on tariffs provides relief, prompting supply chain evaluations and cautious future investments.

from Auto-Industry-Economic Times https://ift.tt/43j9SwT

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JSW MG Motors sets in motion upto $350 fund raise from PE investors

JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a ...