Bharat Forge, world's second largest forgings company, will supply products to the US operations of Japanese auto giants Toyota and Honda.
Indian auto manufacturers are well poised to become "winners" in terms of global market share in the next five years to join the ranks of established players like Hyundai, Toyota, Honda and Volkswagen.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
Mopeds are sought by people with smaller businesses, with their weight-carrying and haulage ability beside being lighter and easy to manoeuvre in traffic.
While the country's largest car maker, Maruti Suzuki India, said its car will become costly by two per cent, Hyundai Motor India said it will result in a price rise of Rs 6,500-25,000 on average.
Former FIA president Max Mosley has warned that Formula One risks serious difficulties unless it changes direction and cuts costs.
Cutting through the two-wheeler clutter we list the best value for money motorcycles, across categories, that burnt the Indian roads in 2015
The 17-lender consortium led by State Bank of India has also put the Flying Models, Funliner, Fly Kingfisher and Flying Bird Device on the block.
They're sexy, powerful, irresistible and very, very expensive.
Small cars account for 80 per cent of the domestic market
Ayushman, winner of the second season of the MTV reality show, on what it takes to win the title.