November 23, 2024 05:28 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Modern Automotives bags order for differential pinion shafts from BMW AG for EV powertrain
BMW AG
Image Credit: Pixabay

Modern Automotives bags order for differential pinion shafts from BMW AG for EV powertrain

| @indiablooms | 13 Apr 2023, 02:13 am

Kolkata / New Delhi: Modern Automotives Ltd. has bagged an order of 2.5 million units of differential pinion shaft to be supplied to BMW AG Munich by 2034.

The pinion shaft provides a permanent gear reduction between the engine and the driving road wheels.

In vehicles, the differential is the main part that transmits the movement coming from the engine to the wheels. On a smooth road, the movement comes to both wheels evenly.

This part requires stringent chemistry for steel, micro microns controls in machining and grinding processes that have been successfully developed with in-house competency of Modern Automotives.

In order to meet the exacting standard for the pinion shaft, Modern Automotives developed a special patented coating process under collaborative efforts with HEF France.

This process helps improve the Physical & metallurgical properties of materials, Parts & Components leading to the reduction or total elimination of any type of Surface Problems like Wear, Corrosion, friction, scuffing, seizure, etc.

These time-tested solutions enhance the life of the components and parts by 3 to 4 times more than conventionally manufactured parts. For advanced automobiles, this coating process is critical in developing auto parts.

With the strategic co-development agreement with HEF Modern Automotives is well positioned to provide critical and sensitive parts to global auto majors. Advanced automobile companies from across Europe and Asian nations like Germany and Japan find Modern Automotives as a dependable source for critical parts. 

“For an automotive brand like BMW which sets the industry-leading benchmark in mobility, developing pinion shaft matching its precise quality standard is a feather in the cap of our company and a milestone for the Make in India campaign. This order is a reflection of the stringent world-class quality that Modern Automotives offers. This also showcases the country’s global standing in the auto components market. It is a proud moment for all of us to have got this order” said Aditya Goyal, Managing Director, Modern Automotives.

This total project revenue value is Rs 150 crore and would give a huge push to the company’s ambition of being part of the global supply chain of prestigious OEMs.

By the ability to develop an advanced coating process and use the same for precision parts for high-tech automobiles, Modern Automotives have demonstrated its technical strength to deliver products to the best in the class mobility sector companies.

With such an export order coming from a mobility trendsetter BMW, Modern Automotives is now aiming at an increase in its export order book to 25 percent by 2025 against 5 percent at present.

In its product portfolio, Modern Automotives is among the fastest-growing company working with global auto giants.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.