DUBLIN, Sept. 12, 2025 /PRNewswire/ — Alkermes plc (Nasdaq: ALKS) is pleased to announce the appointment of Joshua Reed as Chief Financial Officer (CFO), effective Monday, Sept. 15, 2025. Mr. Reed will report to Richard Pops, Chief Executive Officer of Alkermes, and will join the company’s management committee. “I’m delighted to be joining Alkermes and… Continue reading Alkermes Appoints Joshua Reed as Chief Financial Officer
Tag: Manufacturing
Auto industry must balance cost, resilience and localisation: Industry leaders at ACMA 65th Annual Convention
Akash Passey, President, ZF India, speaking at the 65th ACMA Annual Convention. Amid the push for localisation and advanced technologies in manufacturing, the auto industry veterans stressed the need for building stringent global supply chains even if that comes at a higher cost. They were speaking at the 65th Annual Convention of ACMA (Automotive Component… Continue reading Auto industry must balance cost, resilience and localisation: Industry leaders at ACMA 65th Annual Convention
Late design changes delaying vehicle launches in India: Report
Missing or delayed manufacturing engineering inputs at early stages, delayed supplier feedback and unstable design freezes. India’s automotive sector is facing delays in vehicle launches, with 80 per cent of original equipment manufacturers (OEMs) reporting disruptions due to late-stage engineering changes, according to a study by Vector Consulting Group. Impact on production and suppliers The… Continue reading Late design changes delaying vehicle launches in India: Report
India’s Auto Parts Industry Eyes China for Tech
India’s $80 billion auto component industry is actively recalibrating its global strategy, deepening ties with China for cutting-edge technologies amid shifting geopolitical dynamics. During its 65th annual session, the Automotive Component Manufacturers Association of India (ACMA) underscored a dual focus: international collaboration and domestic innovation in response to an evolving global landscape. The recent thaw… Continue reading India’s Auto Parts Industry Eyes China for Tech
Force Motors Cuts Vehicle Prices Following GST Rate Reduction
Force Motors Limited announced Wednesday that it will reduce prices across its complete vehicle lineup following the government’s decision to cut GST rates from 28% to 18% on automobiles. The price cuts, ranging from Rs. 92,900 to Rs. 6.81 lakh depending on the model, will take effect on September 22, 2025. The Pune-based company, which… Continue reading Force Motors Cuts Vehicle Prices Following GST Rate Reduction
Hero MotoCorp Calls for OEM-Supplier Unity to Withstand Geopolitical Shocks
Hero MotoCorp’s Acting CEO and CTO, Vikram Kasbekar, said on Friday that India’s automotive sector must build anti-fragile supply chains by focusing on collaboration, localization, and skill-building to withstand geopolitical shocks while simultaneously ensuring the affordability of electric two-wheelers. Speaking at the Automotive Component Manufacturers Association’s (ACMA) 65th Annual Session in New Delhi, Kasbekar acknowledged… Continue reading Hero MotoCorp Calls for OEM-Supplier Unity to Withstand Geopolitical Shocks
EU Official Says Hope to Conclude India FTA by Year-End
A senior EU trade official said he hopes to finalize the India-European Union Free Trade Agreement by December 2025, positioning the auto component industry for significant gains as bilateral negotiations enter their decisive phase. Speaking at the 65th Annual Convention of the Automotive Component Manufacturers Association of India (ACMA), European Commissioner for Trade and Economic… Continue reading EU Official Says Hope to Conclude India FTA by Year-End
EU Official Says Hope to Conclude India FTA by Year-End
A senior EU trade official said he hopes to finalize the India-European Union Free Trade Agreement by December 2025, positioning the auto component industry for significant gains as bilateral negotiations enter their decisive phase. Speaking at the 65th Annual Convention of the Automotive Component Manufacturers Association of India (ACMA), European Commissioner for Trade and Economic… Continue reading EU Official Says Hope to Conclude India FTA by Year-End
BorgWarner Named on TIME’s 2025 World’s Best Companies List
AUBURN HILLS, Mich., Sept. 12, 2025 /PRNewswire/ — BorgWarner has been included on TIME’s World’s Best Companies 2025 list. This prestigious award is presented in collaboration with Statista, a leading international provider of market and consumer data and rankings. The award list was announced on September 10th, 2025, and can be viewed on TIME.com. “We… Continue reading BorgWarner Named on TIME’s 2025 World’s Best Companies List
Capacity Strengthens Conversational AI Capabilities with Thirteenth Acquisition
AI-powered support automation platform acquires KLaunch, bringing together two platforms committed to transforming how organizations connect with their audiences ST. LOUIS, Sept. 12, 2025 /PRNewswire/ — Capacity, the AI-powered support automation platform for Contact Centers, today announced the acquisition of KLaunch, a conversational AI company that helps government, healthcare, nonprofit and sports and entertainment companies better… Continue reading Capacity Strengthens Conversational AI Capabilities with Thirteenth Acquisition