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Importance of Research and Development in Automotive Industry

Importance of Research and Development in Automotive Industry

The term Research and Development (R&D) refers to a specialized group of activities within a business. The activities that are classified as R&D differ from company to company, but the general idea is the same for all the companies. Firstly, the primary function of an R&D group is to develop new products. Secondly R&D group has to discover and create new knowledge about scientific and technological topics for the purpose of uncovering and enabling development of valuable new products, processes, and services.

Featured Products
Door Handles & Ash Trays
Door Handles & Ash Trays
Polyplastics offers a wide range of Door Handles & Ash Trays to its customers. The wide range of Door Handles & Ash Trays includes Ash Trays, Control Brackets, Dash Board Components, Air Vent Assemblies, Fan Shrouds, Fuse boxes, Door handles (Plated/Painted), Window Regulators, Expansion Tanks.
Mould Screws
Mould Screws
The Mould Screws are used in all types of machines. They can customise these mould screws as per the requirements of the clients. Mould screws are available at cost-effective rates. With the use of advanced engineering machineries and techniques we bring out a catalog of bolts, screws, rivets.
Wire Parts
Wire Parts
Metaforge manufactures and supplies a superior range of wire parts to its clients. They are supplying wire parts, Tie rods, Hooks, Handles, Tie bars, Links etc. Many components like wire parts are manufactured by cold forging with subsequent pressing operation.
Industry Updates
Volvo Car Group Starts Production of a New Engine Family
GOTEBORG, Sweden, May 13, 2013
Volvo Car Group is now starting production of the first engine variants in the new, high-efficiency four-cylinder engine family. The development and production take place in-house at Volvo Car Group and form a vital part of the company's strategy for independence.
Press Release
Volatile markets drive Auto Manufacturers to seek cost-effective solutions at the Automotive Engineering Show in Chennai in June
Chennai, home to some of the biggest and longest serving automakers in the country with over 30% automobile manufacturers and 35% auto components manufacturers, will become a business networking platform for the Global and Indian auto components sector with the hosting...
Events and Exhibition
IndoAutomotive 2013
May 23 2013 - May 25 2013
Jakarta International Expo Kemayoran
Hall B1 & B2, Indonesia
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