{"id":100493,"date":"2023-04-12T17:57:00","date_gmt":"2023-04-12T12:27:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=100493"},"modified":"2023-04-12T17:53:24","modified_gmt":"2023-04-12T12:23:24","slug":"biz-modern-automotives-corrected-2","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-modern-automotives-corrected-2\/","title":{"rendered":"Modern Automotives to supply parts worth Rs 150 core to BMW"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2513856393\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Auto parts supplier Modern Automotives on Wednesday said it has bagged a supply contract for 2.5 million units of differential pinion shafts for electric powertrain worth Rs 150 crore from German premier carmaker BMW.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-590022377\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The order, which is to be completed by 2034, would give a huge push to the company&#8217;s ambition of becoming part of the global supply chain of the original equipment manufacturers (OEMs), Modern Automotive Ltd (MAL) said in a statement.<\/p><p>With this export order in place, the company said it is now aiming at increasing its export order book to 25 per cent by 2025 against 5 per cent at present.<\/p><p>In vehicles, the differential is the main part which transmits the movement coming from the engine to the wheels. On a smooth road, the movement comes to both wheels evenly.<\/p><div class=\"trade-content_5\" id=\"trade-2523601992\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>&#8220;Developing pinion shaft matching for BMW is a milestone for the make-in-India campaign. This order is a reflection of the stringent quality that Modern Automotives offers. This also showcases the country&#8217;s global standing in the auto components market,&#8221; said Aditya Goyal, Managing Director, Modern Automotives.<\/p><p>In order to meet the exacting standard for the pinion shaft, the company said it developed a special patented coating process under collaboration with HEF France.<\/p><p>With a strategic co-development agreement with HEF Modern Automotives is well positioned to provide critical and sensitive parts to global auto majors, MAL stated.<\/p><p>According to the company, MAL was selected as Tier-1 and direct online supplier partner by Honda in 2010 and over the years has added other customers such as Yamaha, Hero, Musashi, TVS, BMW and Honda Cars, among others. PTI IAS HVA<\/p><div class=\"trade-after-content\" id=\"trade-3708459095\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Auto parts supplier Modern Automotives on Wednesday said it has bagged a supply contract for 2.5 million units of differential pinion shafts for electric powertrain worth Rs 150 crore from German premier carmaker BMW. The order, which is to be completed by 2034, would give a huge push to the company&#8217;s ambition of becoming part [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":13106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-100493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Modern Automotives to supply parts worth Rs 150 core to BMW - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Auto parts supplier Modern Automotives on Wednesday said it has bagged a supply contract for 2.5 million units of differential pinion shafts for electric powertrain worth Rs 150 crore from German premier carmaker BMW.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-modern-automotives-corrected-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Modern Automotives to supply parts worth Rs 150 core to BMW\" \/>\n<meta property=\"og:description\" content=\"Auto parts supplier Modern Automotives on Wednesday said it has bagged a supply contract for 2.5 million units of differential pinion shafts for electric powertrain worth Rs 150 crore from German premier carmaker BMW.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-modern-automotives-corrected-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-12T12:27:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/BMW-2-Cover-Image-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/BMW-2-Cover-Image-.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-modern-automotives-corrected-2\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-modern-automotives-corrected-2\/\",\"name\":\"Modern Automotives to supply parts worth Rs 150 core to BMW - 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